Back by popular demand, our 2008 Salary Survey has just been completed and will be sent out to our valued clients and candidates during early January 2009. Just shoot me a quick email at rhoughton@mrfairfax.com and I will be happy to send you the complete analysis. Some high points:
1. Demand for Employee Benefits Producers significantly increased during the second half of 2008;
2. Demand for P&C Producers came to a screeching halt during this period;
3. Clients are looking for producers who can bring a book of business and/or an existing revenue stream AND are willing to pay for this;
4. The demand for CSRs is now almost non-existent compared to just one year ago;
5. The demand for top notch producers in the WDC, VA, MD regions is very strong and will continue to be for 2009;
6. P&C revenues (books of business) are down almost 33% compared to one year ago - very soft market
More on the employment situation later...
December 31, 2008
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