The composite highest-profits practitioner said on this recallbusiness com field (earnings plus coins bonus and/or cash profit-sharing) is the President “B” of a production corporation (defined as a prime executive officer who has little or no economic interest within the firm). The organization manufactures automobile elements/accessories, food/beverage/tobacco products, chemical & allied merchandise, or equipment & heavy equipment; has 1,000 or greater personnel; has a complete annual sales of $a hundred,000,000 or extra; and is situated in or near Denver/Colorado Springs, Houston, Memphis, Minneapolis/St. Paul, Modesto/Stockton, Dallas/Ft. Worth, Indianapolis, Boston, New York City, or Dayton, or outside a metropolitan area studied in Idaho. However, while the median President “B’ has a total annual earnings of $214,966, the very best-income people reported are Presidents “A” (having a financial interest inside the corporation) and make properly over $30,000,000.
Far toward the alternative cease of the income spectrum, Assemblers “D” have a median income of $20,418. Sometimes earning under $14,six hundred, the lowest-paid personnel on this group are hired by corporations that manufacture building materials; have $1 million to $4.Ninety nine million in total annual sales; have 5,000 to 9,999 personnel; and are placed in or close to Greensboro/Winston-Salem, Raleigh/Durham/Chapel Hill, Dallas/Ft. Worth, or Charlotte, or out of doors the metropolitan areas studied in Texas, North Carolina, or Florida.
These composites constitute the briefest possible “boil-down” of the voluminous records provided regarding contemporary salaries and coins bonuses and/or income sharing, and numerous demographic variables furnished with the aid of 343 companies on over 54,000 managerial, supervisory, income, engineering, technical, clerical, and blue-collar employees in 187 benchmark jobs which resulted within the 8-volume survey record, Compensation in Manufacturing, 24th Edition – 2004, subsidized by means of the National Association of Manufacturers.
Copies of the whole eight-extent file are to be had for $1,250.00 from Abbott, Langer & Associates, Inc., Dept. ART, 548 First St., Crete, IL 60417 (phone 708/672-4200; fax 708/672-4674; www.Abbott-langer.Com) Also to be had is Compensation in Smaller Manufacturing Firms (below 250 personnel) for $595.00. Each extent of each reports may be purchased one after the other. Also to be had is findpay-MFG04 (a computer application which allows the person to decide pay levels of every survey activity on the idea of or extra variables concurrently).
It could be an exercise in futility to try extra than a superficial review of the survey consequences in this summary. However, a few overall information regarding reimbursement can be offered herein. In addition to the earning of the benchmark jobs already mentioned, the median overall cash reimbursement nationally of some of the opposite jobs blanketed in the survey record is:
Chief Legal Officers – $181,200
Vice Presidents of Manufacturing/Production – $135,375
Chief Marketing & Sales Executives – $133,835
Chief Corporate Financial Officers – $130,066
Vice Presidents of Manufacturing/Production Engineering – $112,274
Research & Development Managers – $90,377
Engineering Department Managers/Superintendents – $89,232
Chief Human Resources Executives – $80,849
Plant Managers/Superintendents – $78,595
Product/Brand Managers – $75,789
Design Managers – $74,347
Facilities Managers – $sixty eight,198
Cost Accounting Managers – $67,161
Sales Engineers – $sixty seven,000
Manufacturing Engineers – $66,477
Production Managers/Superintendents – $sixty five,730
Quality Assurance/Control Managers – $64,890
Computer Programmers – $61,963
Purchasing Managers – $sixty one,805
Warehouse Managers – $54,000
General Production Supervisors – $49,781
General Accountants – $forty eight,725
Product Designers – $forty five,000
Maintenance Leaders/Working Supervisors – $forty,833
Drafters, Senior – $43,795
Buyers, Junior – $forty,256
Secretaries to the Chief Executive Officer – $forty,a hundred twenty five
Machine Repairers, Maintenance – $39,192
Production Schedulers – $38,195
Automatic Screw Machine Operators – Multiple Spindle – $37,252
Maintenance Workers, General – $36,420
Chemical Production/Mixing Machine Operators – $35,686
Carpenters, Maintenance – $34,211
Quality Assurance/Control Technicians – $33,329
Inspectors “A” – $32,739
Secretaries – $32,500
Milling Machine Operators – $32,261
Payroll Clerks – $31,775
Numerically Controlled Machine Operators – $31,750
Customer Service Representatives – $29,787
Injection Molding Machine Set-up and Operators – $28,200
Senior Account Clerks – $27,913
Machine Set-Up Workers – $27,809
Material Handlers – $27,705
Lathe Operators, Engine or Turret – $27,690
Painters, Production – $27,619
Machinists, Production – $26,661
Junior Account Clerks – $26,449
Fork Lift Operators – $26,052
Shipping Clerks – $25,317
Finishers – $25,044
Janitors – $24,376
Receptionists – $23,795
Injection Molding Machine Operators – $23,443
Warehouse Laborers – $23,109
Drill Press Operators, Single – $21,320
The income relationships reported above can be distorted slightly, because some of these benchmark jobs had been reported greater regularly in groups of 1 size, even as different benchmark jobs were pronounced greater frequently through larger or smaller organizations. This may also be genuine for product manufactured, geographic location, and supervisory/managerial obligation. This viable illness is corrected inside the whole survey report with the aid of reporting earnings for each benchmark job usual and with “wreck-outs” by using every demographic variable.
Type of Product
Overall, administrative, economic, and information generation personnel are paid fine by way of producers of communications device, scientific/engineering/clinical equipment, stone/clay/concrete/glass products, and aerospace & plane merchandise, and worst in firms generating constructing materials, heating/air con/refrigeration merchandise, chemical & allied products, and apparel & fabric mill products.