Avionics News November 2014 - 28

industry

AEA

RATE &
LABOR
SURVEY
Annual economic metrics, opportunities and challenges

S

S T O R Y

B Y

S C O T T

ince 1980, when the Aircraft Electronics
Association introduced it, the annual
Rate & Labor Survey has provided the
metrics that allow AEA members to evaluate the
economic health of their businesses both nationally
and regionally. Throughout the decades, the averages
derived from respondent data
have tracked the waxing and
waning of the economy, and
they have shared what avionics
shops see as their opportunities
and challenges in the coming
year. For the third consecutive
year, the 2014 results show a growing percentage
of respondents expect their business to grow in the
coming year, and 85 percent of them say their greatest
challenge is finding qualified new-hire technicians to
execute the existing and anticipated work.
Each avionics repair station can participate in the
online survey, according to Mike Adamson, AEA's
vice president of member programs and education,
28

avionics news

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november

2014

M .

S P A N G L E R

who manages the effort. Between June and August,
nearly 20 percent of avionics shops provided rate and
labor figures, benefit and compensation information,
and an experience profile of their technicians.
Of all respondents, 70 percent say ADS-B
installations to meet the Federal Aviation
Administration's 2020 deadline
are their primary avionics
opportunity. Avionics equipment
manufacturers supported this
outlook. If they haven't already,
most of them introduced their
ADS-B solutions at 2014's
major aviation gatherings such as EAA AirVenture in
Oshkosh, Wisconsin. ADS-B consumes one-third of
the business growth pie. Marketing takes a 14-percent
slice, followed by an improving economy, 11 percent,
new aircraft markets at 10 percent, and 9 percent who
are adding capabilities.
When it comes to business optimism in the U.S.,
11 points separate the west (64 percent) and the



Avionics News November 2014

Table of Contents for the Digital Edition of Avionics News November 2014

Point of Communication
AEA Now
The View from Washington
International News and Regulatory Updates
Shifting redundancy gears
Member Profile
AEA Rate & Labor Survey
A Conversation With...
Member Profile
Real-world Avionics
Antenna Tech
Aviation Aces
Business Basics
Before & After
Meet the AEA board of directors
Avionics technician certifications
Legal Ease
Marketing Report Card
What's New
Marketplace Classifieds
Avionics News November 2014 - Intro
Avionics News November 2014 - Cover1
Avionics News November 2014 - Cover2
Avionics News November 2014 - 1
Avionics News November 2014 - 2
Avionics News November 2014 - 3
Avionics News November 2014 - Point of Communication
Avionics News November 2014 - 5
Avionics News November 2014 - AEA Now
Avionics News November 2014 - 7
Avionics News November 2014 - 8
Avionics News November 2014 - 9
Avionics News November 2014 - 10
Avionics News November 2014 - 11
Avionics News November 2014 - 12
Avionics News November 2014 - 13
Avionics News November 2014 - The View from Washington
Avionics News November 2014 - 15
Avionics News November 2014 - International News and Regulatory Updates
Avionics News November 2014 - 17
Avionics News November 2014 - 18
Avionics News November 2014 - 19
Avionics News November 2014 - Shifting redundancy gears
Avionics News November 2014 - 21
Avionics News November 2014 - 22
Avionics News November 2014 - 23
Avionics News November 2014 - Member Profile
Avionics News November 2014 - 25
Avionics News November 2014 - 26
Avionics News November 2014 - 27
Avionics News November 2014 - AEA Rate & Labor Survey
Avionics News November 2014 - 29
Avionics News November 2014 - 30
Avionics News November 2014 - 31
Avionics News November 2014 - 32
Avionics News November 2014 - 33
Avionics News November 2014 - A Conversation With...
Avionics News November 2014 - 35
Avionics News November 2014 - Member Profile
Avionics News November 2014 - 37
Avionics News November 2014 - 38
Avionics News November 2014 - 39
Avionics News November 2014 - Real-world Avionics
Avionics News November 2014 - 41
Avionics News November 2014 - 42
Avionics News November 2014 - 43
Avionics News November 2014 - Antenna Tech
Avionics News November 2014 - 45
Avionics News November 2014 - 46
Avionics News November 2014 - 47
Avionics News November 2014 - Aviation Aces
Avionics News November 2014 - 49
Avionics News November 2014 - Business Basics
Avionics News November 2014 - 51
Avionics News November 2014 - 52
Avionics News November 2014 - Before & After
Avionics News November 2014 - Meet the AEA board of directors
Avionics News November 2014 - 55
Avionics News November 2014 - 56
Avionics News November 2014 - 57
Avionics News November 2014 - Avionics technician certifications
Avionics News November 2014 - 59
Avionics News November 2014 - 60
Avionics News November 2014 - 61
Avionics News November 2014 - Legal Ease
Avionics News November 2014 - 63
Avionics News November 2014 - Marketing Report Card
Avionics News November 2014 - 65
Avionics News November 2014 - What's New
Avionics News November 2014 - 67
Avionics News November 2014 - 68
Avionics News November 2014 - 69
Avionics News November 2014 - 70
Avionics News November 2014 - Marketplace Classifieds
Avionics News November 2014 - 72
Avionics News November 2014 - Cover3
Avionics News November 2014 - Cover4
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