| The composite highest-income practitioner
| |
| | Injection Molding Machine Operators -
|
| reported in this field (salary plus cash
| |
| | $23,443
|
| bonus and/or cash profit-sharing) is the
| |
| | Warehouse Laborers - $23,109
|
| President "B" of a manufacturing firm
| |
| | Drill Press Operators, Single - $21,320
|
| (defined as a chief executive officer who
| |
| | The income relationships reported above
|
| has little or no financial interest in
| |
| | may be distorted slightly, since some of
|
| the firm). The firm manufactures
| |
| | these benchmark jobs were reported more
|
| automotive parts/accessories, food
| |
| | frequently in organizations of one size,
|
| beverage/tobacco products, chemical &
| |
| | while other benchmark jobs were reported
|
| allied products, or machinery & heavy
| |
| | more frequently by larger or smaller
|
| equipment; has 1,000 or more employees;
| |
| | organizations. This may also be true for
|
| has a total annual revenue of
| |
| | product manufactured, geographic
|
| $100,000,000 or more; and is
| |
| | location, and supervisory/managerial
|
| headquartered in or near Denver/Colorado
| |
| | responsibility. This possible defect is
|
| Springs, Houston, Memphis, Minneapolis
| |
| | corrected in the complete survey report
|
| St. Paul, Modesto/Stockton, Dallas/Ft.
| |
| | by reporting income for each benchmark
|
| Worth, Indianapolis, Boston, New York
| |
| | job overall and with "break-outs" by each
|
| City, or Dayton, or outside a
| |
| | demographic variable.
|
| metropolitan area studied in Idaho.
| |
| | Type of Product
|
| However, while the median President "B'
| |
| | Overall, administrative, fiscal, and
|
| has a total annual income of $214,966,
| |
| | information technology employees are paid
|
| the highest-income individuals reported
| |
| | best by manufacturers of communications
|
| are Presidents "A" (having a financial
| |
| | equipment, medical/engineering/scientific
|
| interest in the firm) and make well over
| |
| | equipment, stone/clay/concrete/glass
|
| $30,000,000.
| |
| | products, and aerospace & aircraft
|
| Far toward the other end of the income
| |
| | products, and worst in firms producing
|
| spectrum, Assemblers "D" have a median
| |
| | building materials, heating/air
|
| income of $20,418. Sometimes earning
| |
| | conditioning/refrigeration products,
|
| under $14,600, the lowest-paid employees
| |
| | chemical & allied products, and apparel &
|
| in this group are employed by firms that
| |
| | textile mill products.
|
| manufacture building materials; have $1
| |
| | Employees in the sales/marketing group
|
| million to $4.99 million in total annual
| |
| | enjoy the highest income in firms that
|
| revenue; have 5,000 to 9,999 employees;
| |
| | produce chemical & allied products, paper
|
| and are located in or near Greensboro
| |
| | & allied products, circuit board
|
| Winston-Salem, Raleigh/Durham/Chapel
| |
| | products, and measuring & controlling
|
| Hill, Dallas/Ft. Worth, or Charlotte, or
| |
| | devices. Income is lowest among
|
| outside the metropolitan areas studied in
| |
| | producers of building materials, apparel
|
| Texas, North Carolina, or Florida.
| |
| | & textile mill products, rubber & plastic
|
| These composites represent the briefest
| |
| | products, and heating/air conditioning
|
| possible "boil-down" of the voluminous
| |
| | refrigeration products.
|
| data provided regarding current salaries
| |
| | Clerical personnel are paid best by firms
|
| and cash bonuses and/or profit sharing,
| |
| | that manufacture aerospace & aircraft
|
| and numerous demographic variables
| |
| | products, stone/clay/concrete/glass
|
| provided by 343 firms on over 54,000
| |
| | products, and chemical & allied products.
|
| managerial, supervisory, sales,
| |
| | They have the lowest median incomes in
|
| engineering, technical, clerical, and
| |
| | firms that produce heating/air
|
| blue-collar employees in 187 benchmark
| |
| | conditioning/refrigeration products,
|
| jobs which resulted in the eight-volume
| |
| | circuit boards, and building materials.
|
| survey report, Compensation in
| |
| | Engineering/technical employees have the
|
| Manufacturing, 24th Edition - 2004,
| |
| | highest median incomes among
|
| sponsored by the National Association of
| |
| | manufacturers of aerospace & aircraft
|
| Manufacturers.
| |
| | products, communications equipment,
|
| Copies of the entire eight-volume report
| |
| | apparel & textile mill products, and
|
| are available for $1,250.00 from Abbott,
| |
| | medical/engineering/scientific equipment.
|
| Langer & Associates, Inc., Dept. ART, 548
| |
| | The lowest median income is reported
|
| First St., Crete, IL 60417 (telephone 708
| |
| | among manufacturers of circuit board
|
| 672-4200; fax 708/672-4674; Also
| |
| | products, building materials, and primary
|
| available is Compensation in Smaller
| |
| | ferrous metals.
|
| Manufacturing Firms (under 250 employees)
| |
| | Maintenance/material acquisition
|
| for $595.00. Each volume of both reports
| |
| | personnel are best paid by firms that
|
| may be purchased separately. Also
| |
| | manufacture aerospace & aircraft
|
| available is findpay-MFG04 (a computer
| |
| | products, stone/clay/concrete/glass
|
| program which permits the user to
| |
| | products, and chemical & allied products.
|
| determine pay levels of each survey job
| |
| | This group of employees are worst paid
|
| on the basis of two or more variables
| |
| | by manufacturers of apparel & textile
|
| simultaneously).
| |
| | mill products, building materials,
|
| It would be an exercise in futility to
| |
| | furniture & wood products, and heating
|
| attempt more than a superficial overview
| |
| | air conditioning/refrigeration products.
|
| of the survey results in this summary.
| |
| | Managerial and supervisory personnel in
|
| However, some overall data regarding
| |
| | plant/manufacturing/production functions
|
| compensation can be presented herein. In
| |
| | receive the highest median incomes when
|
| addition to the incomes of the benchmark
| |
| | employed by firms producing stone/clay
|
| jobs already discussed, the median total
| |
| | concrete/glass products, measuring &
|
| cash compensation nationally of some of
| |
| | controlling devices, and food/beverage
|
| the other jobs included in the survey
| |
| | products, and the lowest median incomes
|
| report is:
| |
| | when employed by companies producing
|
| Chief Legal Officers - $181,200
| |
| | primary ferrous metals, computer & allied
|
| Vice Presidents of Manufacturing
| |
| | products, and furniture & wood products.
|
| Production - $135,375
| |
| | Quality assurance/control, regulatory
|
| Chief Marketing & Sales Executives -
| |
| | affairs, and documentation employees are
|
| $133,835
| |
| | paid best by producers of measuring &
|
| Chief Corporate Financial Officers -
| |
| | controlling devices, aerospace & aircraft
|
| $130,066
| |
| | products, and primary ferrous metals.
|
| Vice Presidents of Manufacturing
| |
| | They are paid least by manufacturers of
|
| Production Engineering - $112,274
| |
| | apparel & other textile products, rubber
|
| Research & Development Managers - $90,377
| |
| | plastic products, medical/engineering
|
| Engineering Department Managers
| |
| | scientific equipment, and circuit board
|
| Superintendents - $89,232
| |
| | products.
|
| Chief Human Resources Executives -
| |
| | Production employees in firms of 250
|
| $80,849
| |
| | employees or more fare best among
|
| Plant Managers/Superintendents - $78,595
| |
| | producers of chemical & allied products,
|
| Product/Brand Managers - $75,789
| |
| | paper & allied products, fabricated metal
|
| Design Managers - $74,347
| |
| | products, and measuring & controlling
|
| Facilities Managers - $68,198
| |
| | devices, and worst among manufacturers of
|
| Cost Accounting Managers - $67,161
| |
| | furniture & wood products, apparel &
|
| Sales Engineers - $67,000
| |
| | textile mill products, and building
|
| Manufacturing Engineers - $66,477
| |
| | materials. Production employees in firms
|
| Production Managers/Superintendents -
| |
| | of under 250 employees fare best in firms
|
| $65,730
| |
| | which product stone/clay/concrete/glass
|
| Quality Assurance/Control Managers -
| |
| | products, machinery & heavy equipment,
|
| $64,890
| |
| | chemicals & allied products, and
|
| Computer Programmers - $61,963
| |
| | fabricated metal products, and worst
|
| Purchasing Managers - $61,805
| |
| | among manufacturers of apparel & textile
|
| Warehouse Managers - $54,000
| |
| | mill products, circuit board products,
|
| General Production Supervisors - $49,781
| |
| | and communications equipment.
|
| General Accountants - $48,725
| |
| | Level of Managerial/Supervisory
|
| Product Designers - $45,000
| |
| | Responsibility
|
| Maintenance Leaders/Working Supervisors -
| |
| | This factor is an excellent predictor of
|
| $40,833
| |
| | overall income in the manufacturing
|
| Drafters, Senior - $43,795
| |
| | field. In larger firms, median income
|
| Buyers, Junior - $40,256
| |
| | increases from $54,060 for those
|
| Secretaries to the Chief Executive
| |
| | supervising under five professionals to
|
| Officer - $40,125
| |
| | $83,916 for those who direct the
|
| Machine Repairers, Maintenance - $39,192
| |
| | activities of 100 or more
|
| Production Schedulers - $38,195
| |
| | non-professionals, and from $72,992 for
|
| Automatic Screw Machine Operators -
| |
| | those supervising under five
|
| Multiple Spindle - $37,252
| |
| | professionals to $95,813 for those who
|
| Maintenance Workers, General - $36,420
| |
| | direct the activities of 50 to 249
|
| Chemical Production/Mixing Machine
| |
| | professionals. Median income increases
|
| Operators - $35,686
| |
| | further (to $245,650) for those who
|
| Carpenters, Maintenance - $34,211
| |
| | direct the activities of 250 or more
|
| Quality Assurance/Control Technicians -
| |
| | professionals and non-professionals.
|
| $33,329
| |
| | In smaller firms, median income increases
|
| Inspectors "A" - $32,739
| |
| | from $48,505 for those supervising under
|
| Secretaries - $32,500
| |
| | five non-professionals to $90,000 for
|
| Milling Machine Operators - $32,261
| |
| | those who direct the activities of 100 or
|
| Payroll Clerks - $31,775
| |
| | more non-professional employees, and from
|
| Numerically Controlled Machine Operators
| |
| | $75,401 for those supervising under five
|
| - $31,750
| |
| | professionals to $91,617 for those who
|
| Customer Service Representatives -
| |
| | direct the activities of 50 to 249
|
| $29,787
| |
| | professionals. Median income increases
|
| Injection Molding Machine Set-up and
| |
| | further (to $170,000) for those who
|
| Operators - $28,200
| |
| | direct the activities of 100 to 249
|
| Senior Account Clerks - $27,913
| |
| | professionals and non-professionals.
|
| Machine Set-Up Workers - $27,809
| |
| | Size of Organization and Geographic
|
| Material Handlers - $27,705
| |
| | Location
|
| Lathe Operators, Engine or Turret -
| |
| | Median income for job families and
|
| $27,690
| |
| | individual jobs varies significantly by
|
| Painters, Production - $27,619
| |
| | size of organization and location. While
|
| Machinists, Production - $26,661
| |
| | the compensation data were analyzed by
|
| Junior Account Clerks - $26,449
| |
| | size of organization and region, state,
|
| Fork Lift Operators - $26,052
| |
| | and metropolitan area, the data are too
|
| Shipping Clerks - $25,317
| |
| | voluminous to allow for succinct
|
| Finishers - $25,044
| |
| | commentary herein and must be left to the
|
| Janitors - $24,376
| |
| | complete report.
|
| Receptionists - $23,795
| |
| |
|
