Assembly Planbook - July 2008 - (Page 31)

$72,423 for people who claim they are “moderately satisfied.” Not surprisingly, individuals who are “not satisfied” typically do not receive cash bonuses and provide little or no input on budgeting new assembly equipment. Sizing Up Salaries Salary and job satisfaction levels in the assembly profession are usually influenced by the size of a manufacturer. For instance, assemblers who work in companies with more than 2,000 employees tend to earn the highest average salary: $86,072. On the other hand, small manufacturers with less than 100 employees pay an average salary of $69,638. However, bigger isn’t necessarily better, especially when it comes to compensation. Assembly professionals who work in larger companies are generally less happier than those who work for smaller firms. Indeed, 26 percent of respondents who work in companies with more than 2,000 employees claim they are “highly satisfied” with their jobs vs. 53 percent of people who work in companies with fewer than 50 employees. Assemblers who work for manufacturers with 500 to 999 employees most closely match the national “job satisfaction” average of 37 percent. Assembly professionals in the computer and electronic products industry, which includes companies that produce antennas, audiovisual equipment, computers and peripherals, connectors, laboratory instruments, loudspeakers, navigational instruments, printed circuit boards, process control instruments, satellites, semiconductors and telephone apparatus, earn the highest salaries: $76,907. Their compensation is 2 percent above the national average of $75,163. Other industries that boast salaries above the national average include transportation equipment (1 percent higher). The furniture and fixtures industry most closely parallels the national average, with a salary of $75,312. Manufacturing engineers (44 percent of respondents) rank slightly ahead of design engineers (17 percent of respondents) when it comes to compensation. They earn an average of $209 more than their peers and they tend to work longer hours. However, design managers earn a little more than manufacturing process managers: an average of 5 percent more. Age is another key factor that often affects compensation. For instance, manufacturing engineers who are under 50 years old earn less than design engineers of the same age. However, manufacturing engineers over 60 earn more than design engineers. Assembly professionals who are more than 60 years old typically earn the highest salaries. For example, individuals who are 60 or older earn 19 percent more than their peers who www.assemblymag.com July 2008 / ASSE M B LY 31 http://www.seeitcure.com http://www.seeitcure.com http://www.assemblymag.com

Table of Contents Feed for the Digital Edition of Assembly Planbook - July 2008

Assembly Planbook - July 2008 Contents Editorial Quality in Assembly Station to Station Assembly Lines Assembly in Action Surviving the Roller Coaster The Human Side of Manufacturing Do Your Fasteners Need a Preapplied Thread-Locker? Manufacturing Innovation A Century of Progress Trendsetting Plants Pulse Tools Get Smart Plastics: Design for X Product Reviews Products Advertisers Index Classified Leading Lean

Assembly Planbook - July 2008

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