Job security, salaries up for Job security, salaries up for plant managers
The annual PLANT ENGINEERING Salary Survey, to be released in the January issue in two weeks, reveals rising confidence among plant managers about salaries and job security in the coming year.
In the first PLANT ENGINEERING Manufacturing Pulse survey, 62% of respondents believe salaries will increase between 1% and 3% in 2006, and 18% project an increase of between 4% and 6%.
There is similar optimism about manufacturing as a career and as a job for managers today. Of those surveyed, 63% said manufacturing was a secure career, 73% said their jobs were secure and 72% said their employees’ jobs were secure.
What’s YOUR view on the state of manufacturing? Go to www.plantengineering.com and take out interactive poll on the topic.
Look for the exclusive Salary Survey in the January issue of PLANT ENGINEERING.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey