Risk managers cannot afford to be fooled by last year's healthy salary increases and need to take steps to assure their current positions as well as set the stage for future raises, promotions and moves to bigger, more challenging firms, the profession's leading placement executive suggests.

Bill Perry, president of New York-based Logic Associates, offered his list of “Survival Tips For Risk Managers In A Challenging Economy” during an interview with National Underwriter, the exclusive co-sponsor of his annual Risk Management Compensation Survey (see page 12).

His first piece of advice is for risk managers to never stop educating themselves and expanding their capabilities. “You have to keep learning new skills and keep broadening your knowledge and expertise,” he said, urging all risk managers to go for their MBA, if they don't already have that degree.

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