Credit Today is the fastest growing publication in the credit field, favored by more and more top credit executives. We cover the world of business, or trade credit, with concise, yet in-depth, reporting. We also publish the most in-depth salary survey in the industry, covering all major credit positions.Credit Today is the fastest growing publication in the credit field, favored by more and more top credit executives. We cover the world of business, or trade credit, with concise, yet in-depth, reporting. We also publish the most in-depth salary survey in the industry, covering all major credit positions.   
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Fort Worth, Texas

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Thales Navigation, Inc.

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Fulton Paper Company

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Doug M. Thomas
Kimberly-Clark Customer Financial Services

Chapter 11 Daily
One in Five Credit Departments Expected to Add Staff This Year
August 1, 2007
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Reflecting a strong economy, 21 percent of credit execs expect to add staff this year, compared to only 9 percent who expect to downsize, according to Credit Today's Salary & Job Satisfaction Survey. Data shown below are in percentage terms.
Source: <a href="http://www.credittoday.net/public/department4.cfm">Credit Today 2007-2008 Salary & Job Satisfaction Survey</a>

Major Trends
Consumer products manufacturers appear much stronger than industrial products manufacturers, as two and a half times more consumer products manufacturers expect to add credit staff than downsize, while more industrial manufacturers are expecting to downsize than add staff.

As might be expected, the energy sector is very strong, with none expecting to downsize and more than 25 percent of respondents expecting to add staff. The same strong trends show up in the service and financial sectors, with five times more respondents expecting to add staff than downsize.

The table below gives the number of companies in each line of business who feel they will add staff, stay the same, or downsize.

Which Best Describes Your Outlook on Staffing for the Coming Year?
Source: <a href="http://www.credittoday.net/public/department4.cfm">Credit Today 2007-2008 Salary & Job Satisfaction Survey</a>

Download the Full Report Now
Members of this site can download the full 2007-2008 Salary & Job Satisfaction Survey by clicking here.

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You can have full access to the site within one minute from now. Click here to get started.


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·  40 Statistically Significant Variables That Correlate With High Salaries in Credit
·  How the Credit Profession as a Whole Spends its Time
·  Survey: 66 Percent of Credit Pros Expect a Bonus This Year


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