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MRO salaries 2007
Here it is, our
annual report of who’s earning what in industrial maintenance, and
where.
“So the question
you’ve gotta ask yourself is, ‘Do I feel lucky?’ ”
— Dirty Harry
OK, so we’re all
overworked and underpaid, right? But what exactly is “underpaid?” Is
it truly a subjective thing or are we maybe, just maybe, not quite
as monetarily underappreciated as we like to think we are? Where are
the benchmarks? Right here, boys and girls, right here.
The Compdata Surveys
division of Dolan Technologies Corp. has once again given us a peek
at the results of its exhaustive survey of American workers. How
exhaustive?
For
this year’s survey, Compdata polled 2,370 United States
manufacturers, which employ more than 885,000 workers. The entire
survey encompasses benefits and pay practices for 539 job titles
with local, statewide and regional breakouts.
A few tidbits you won’t
see in these numbers relate to the employment outlook. For example,
the survey reveals that competition for top performers is heating
up, with 96.1 percent of organizations actively recruiting. To
attract and keep top performers, monetary incentives continue to be
used in a variety of different forms. Sign-on bonuses are utilized
by 31.5 percent of organizations. Another tactic for recruiting top
employees is to offer increased starting rates. This is used by 24
percent of companies, and 13.5 percent offer more raises during the
first year.
Preliminary pay increase
budgets were reported at 3.65 percent for 2007 and — more
importantly — are projected to be 3.63 percent in 2008.
Now — are you ready? —
here are the numbers.
Information for this
story was culled from the Compensation Data 2007 survey produced by
Compdata Surveys. For more details, visit the Web site
www.compdatasurveys.com.
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2008
What about next year?
Based on responses by the 2,370 companies
surveyed, preliminary pay increase budgets are
projected to be 3.63 percent in 2008. |
This
article appeared in the October/November 2007 issue of
MRO Today
magazine. Copyright 2007. Back to top
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excellence archives
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