• Mon. May 20th, 2024

Manufacturing Salaries – 2004


Nov 16, 2022

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.

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