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Corporate Library Benchmarks, 2011 Edition
Primary Research Group, Sep 2010, Pages: 198
Corporate Library Benchmarks, 2011 Edition gives detailed data on spending by corporate and other business libraries on spending on library staff, office staff, books, journals and other periodicals, e-books, directories, online services, and other and other services and products.
The report explores the changing role of corporate librarians in market research, records management, competitive intelligence and other non-traditional areas for librarians.
Data is broken out by various measures of company size, industry type and other factors. Data is also presented on library spending per employee in the parent company. The report details developments in Medical/pharmaceutical, business services, energy/utility and other sectors.
The report is based on data from 60 corporate and other business libraries with a mean number of approximately 21,000 employees per survey participant.
The report presents detailed data on corporate library spending on salaries, office space, online services, books, ebooks, journals, audio-video assets, directories and other information vehicles. It also looks at the changing role of the corporate librarian and their role in records management, digital asset management, market research and other non-traditional areas. In addition to per employee and overall spending data, the report gives hard data on the extent of use of various library tools and practices, such as the provision of tables of contents, or the outsourcing of research services. The report helps to answer the critical question: what are corporations currently doing with their libraries and what do they plan for them in the future?
Data in the 190 page report is broken out by type and size of library with separate data for the pharmaceutical, business services (consulting, finance, law etc), energy/utilities and other business sectors.
Just a few of the report�â'¢s many findings are that:
- Only 12.3% of libraries sampled had increased their floor space within the past two years while 38.6% had decreased it; the rest maintained the same level of floor space.
- Major companies with more than $25 billion in revenues and government/regulatory agency libraries were the main employers of library technicians among the libraries in the sample.
- Mean spending on salaries for the libraries in the sample was $416,415 with a median of $200,000. The range was $2,500 to $7 million.
- In 2010 more than 27.3% of libraries sampled increased their budget while about 33% decreased it; the rest held their budget stable.
- A shade more than 11% of the libraries sampled subscribe to or otherwise receive a book summary service.
- The libraries sampled tried a mean of 3.65 databases on a free trial basis in the past year.
- 28% of librarians sampled said that they had become more involved in corporate market research over the past few years. 64% in the pharmaceutical sector said that they had become more involved.
- Per employee spending was by far the highest in research, consulting, law, finance and other business services.
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