
Pay practices in tough economy: CTHRA seeks employers to participate in Annual Compensation Survey Naperville, Ill., February 16, 2009 - Interested in learning how the economy has impacted industry pay practices? If so, your company should participate in the Cable and Telecommunications Human Resources Association’s (CTHRA) Annual Compensation Survey. CTHRA’s Compensation Survey establishes industry benchmarks, provides historical analysis, and identifies trends which employers can leverage to assess and adjust their compensation practices. Companies that have not participated in the past will be among good company: all of the top cable programmers and the majority of the top 25 largest multiple system operators (MSOs) participate in CTHRA’s Compensation Survey. Last year’s surveys, one version for operators and one for broadcasters and programmers, encompassed data for 143,000 incumbents. “Seeing how your company compares to other industry employers can help better rationalize pay practices. Employers can learn about pay in specific regions of the country, or specific industry segments, and identify if they overpaying or underpaying a job. In many instances, the survey pays for itself if a company learns it is overpaying a single employee,” shared Hali Croner, president and CEO of The Croner Company, a leading management consulting firm specializing in compensation plan design, compensation surveys and organizational design. The Croner Company has conducted CTHRA’s Annual Compensation Survey since 2002. Expanded Scope Due to the uncertainty of the U.S. economy, CTHRA is also introducing "flash" merit surveys which will be conducted throughout the year to help participating programmers and operators keep their fingers on the pulse of most current merit budgets. Participation Enrollment Media Contact: Melissa A. Hicks, Mosaic Marketing, 484.888.6766 About CTHRA
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