Wednesday, March 26, 2008

Updates - Moving Forward

It will come as no surprise to you that this is a relatively new project for me, and for the rest of you. I think that I may have started off at the wrong pace; sacrificing post quality for post quality in an attempt to put something new up on a daily basis. Now it's been a week since the last update of this page, and I'm starting to think that, going forward, weekly posts will be the way to go.

On another note, many of you have asked me about your compensation packages relative to the rest of the market: are you being paid fairly? I think probably not, it seems to me that TP is an area of increasing importance, and with that companies should be paying more and demanding more of those in their employ. It's an opportunity where the best of the best should be more easily identifiable. Maybe some day.
It's occurred to me that I now have a vehicle with which to conduct an informal, yet "scientific enough" survey about transfer pricing professionals' compensation rates - of course everything will be kept confidential, and the results will be made public here when the survey is completed. I need to do some more figuring on how to account for discrepancies in cost of living in various geographies, but I hope to have a survey up for you to fill out within a few weeks - I don't want to rush it.

Another thought has occurred to me. I have the capability to enable several, if not all, of you to create your own posts on this blog. I need to develop some criteria for (at least initially) who can post and when, and who should not, but this is something that I hope to be doing in the very near future. On this your feedback is critical - please give me your thoughts on the best way to do this, and perhaps more importantly if you're interested in posting.

Otherwise, great job building out the group so far, and let's keep plugging away!

Best,

Mike

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