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Corporate Library Benchmarks, 2009 Edition
Primary Research Group, Dec 2008, Pages: 90


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Corporate Library Benchmarks, 2009 Edition presents extensive data from 52 corporate and other business-oriented libraries; data is broken out by company size, type of industry and other criteria.

The mean number of employees for the organizations in the sample is 16,000; the median, 1700. Some of the many issues covered in the report are: spending on electronic and print forms of books, directories, journals and other information resources; library staffing trends, number of library locations maintained and the allocation of office space to the library, disputes with publishers, allocation of library staff time, level of awareness of database
contract terms of peer institutions, reference workload, and the overall level of influence of the library in corporate decision making.

Just a few of the study's many findings are that:

- Mean spending on salaries by the libraries in the sample was $206,906 in 2008. Libraries in the sample expect salary spending to increase modestly in 2009, to a mean of $215,148 in 2009, or by 4% in nominal terms.

- 30.77% of libraries sampled said that their budgets had increased in 2008 while 21.15% said that they had decreased. Companies in oil/gas and pharmaceuticals accounted for many of those libraries that had increased budgets in 2008.

- The libraries in the sample spent a mean of approximately $374,000 for content/materials in 2008.

- Print resources accounted for a mean of 37.77% of the content budgets for the libraries in the sample. For U.S-based libraries this figure was 32% with a median of just 21%.

- The libraries in the sample spent a mean of 117.2 hours reviewing contract terms from vendors of content licenses, through the median amount of time spent on this activity was only 30 hours.

- 5.77% of the libraries in the sample report ever having threatened a publisher or information vendor with legal action over non-performance, contract abrogation or for any other reason.

- Libraries in the sample expect to renew in the upcoming year 90.46% of their current licensing contracts for content.

- Spending on ebooks by the libraries in the sample averaged $15,345, or about 45.5% as much as was spent on traditional books.

- Most librarians in the sample report an increase in the number of reference questions posed to them over the past two years, and by a margin of more than 3:1 more say that such questions have increased than decreased.

- More than 29% say that the library has become more influential in the organization's competitive intelligence research efforts, while close to 20% say that the library has become less influential in these efforts



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