STC

Tieline

Volume XX
Number 7

Administration

Board Report Posted

The board report for the May 2007 meeting of STC’s Board of Directors has been posted to the STC site.


STC to Unveil New Salary Database

In previous years, STC surveyed its members to gather salary information. Now we use the U.S. Bureau of Labor Statistics (BLS) Occupational Employment Survey (OES). This survey provides greater coverage—it samples 1.25 million business establishments—and is more credible because the data are reported by employers rather than employees (HR departments distrust employee-reported salary data, as respondents have been known to inflate numbers in hopes of boosting raises). As HR departments usually file the OES questionnaire with BLS, they are familiar with the data and are more likely to use the OES than what they perceive as self-serving association surveys.

STC is currently analyzing the OES data to determine the best way to present it to the membership. The survey results will be available later this year.