Not only are most risk management departments being spared substantial cutbacks despite the deep contraction in corporate America, but the overwhelming majority of risk managers are happy in their jobs even in these challenging times, an exclusive survey by Logic Associates and National Underwriter has revealed.
Indeed, 83.3 percent of the 287 risk managers responding to the “2010 Risk Management Compensation Survey” said there have been no layoffs in their departments over the past 12 months. At the same time, 90.6 percent said their staff has not been expanded in the last year, either.
In addition, despite the tough economy, 44.4 percent described themselves as “very satisfied” with their jobs, with another 50 percent saying they are simply “satisfied.” Only 5.6 percent characterized themselves as “dissatisfied” with their current positions.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
