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Human Resources Management

Loyola University Chicago

Business Decisions

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The Future Of Compensation Professionals: According To Your Colleagues, Barbara Manny, Thomas Mcmullen, Richard S. Sperling, Dow Scott Jan 2006

The Future Of Compensation Professionals: According To Your Colleagues, Barbara Manny, Thomas Mcmullen, Richard S. Sperling, Dow Scott

School of Business: Faculty Publications and Other Works

As Bob Dylan sang, “The times they are a changing.” With opportunities to be more involved in major business decisions, compensation professionals have been asked to solve more difficult problems and face more difficult challenges. In turn, the profession needs to be able to step out of the comfort zone and be ready to seize these opportunities. From a survey of compensation professionals, it has become clear they feel their roles in the organization’s strategic business plans are growing. Only time will tell if compensation professionals’ perceptions will become reality. In May 2005, the authors conducted a survey to find …