Survey: Manufacturing job confidence, mobility on the rise

Randstad Index find four in 10 workers may look to switch jobs in next 12 months

08/28/2013


The Randstad Manufacturing Employee Confidence Index, a measure of overall confidence among manufacturing workers, increased 0.9 points to 51.9 in the second quarter of 2013. In addition to the increase in confidence levels, 44% of manufacturing workers say they are likely to look for a new job in the next 12 months, rising 18 percentage points from the previous quarter.

Manufacturing came in with the highest job transition index (those indicating an interest in job searching) out of all industries examined by Randstad in the second quarter, which includes IT, healthcare, engineering, office and administrative and finance and accounting. The online survey was conducted by Harris Interactive on behalf of Randstad during April, May and June, 2013, among 192 manufacturing employees ages 18 and older.

The number of manufacturing workers who believe more jobs are available rose a notable seven percentage points, increasing from 21% to 28% in the second quarter. Yet, fewer employees are confident in the future of their employers. In fact, this was the sole area where a decline (47% down from 53%) among manufacturing employees occurred between the first and second quarters of 2013.

“This quarter’s report underscores that manufacturing workers have a real sense of optimism about the number of career opportunities that exist today,” said Phyllis Finley, executive vice president at Randstad U.S. “In fact, figures this high have not been reported since well before the 2008 recession, and we believe this increase has a direct correlation to employees’ confidence in the overall economic recovery. Given this environment, employers need to deploy targeted engagement strategies that keep talent from taking other attractive offers.”

According to the National Association of Manufacturers, increases in inventories, particularly farm inventories that had been depleted by drought, drove job growth in the second quarter of the year.

More manufacturing workers believe the economy is improving

29% of manufacturing workers believe the economy is getting stronger, showing a slight uptick from the previous quarter’s 28%. Additionally, the percentage of workers that say the economy is getting weaker declined six percentage points from the first quarter of 2013, falling from 45% to 39%.

Percentage of workers likely to job search in second quarter skyrockets

44% of manufacturing workers say they are likely to look for a job in the next 12 months, rising 18 percentage points from the previous quarter. It is worth noting that the previous quarter’s job transition index was the lowest rating since 2005, at 26%.

Job outlook among workers brightens

The percentage of workers who believe more jobs are available rose seven points, increasing from 21% to 28% in the second quarter. Meanwhile, the percentage of manufacturing employees who believe fewer jobs are available decreased five points, falling from 50% to 45%.

Job confidence among workers rises slightly in the second quarter

The percentage of workers who are confident in their ability to find employment rose slightly, increasing from 42% to 44% in the second quarter. Meanwhile, the percentage of manufacturing employees who say that they are not confident in their ability find a job rose two percentage points to 27% this quarter.

Optimism in future of employers declines

The percentage of workers who are confident in the future of their employers fell to 47%, a drop of six percentage points from the previous quarter’s readings.

See more Q2 2013 Survey Highlights



Top Plant
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2017 Top Plant.
Product of the Year
The Product of the Year program recognizes products newly released in the manufacturing industries.
System Integrator of the Year
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
May 2018
Electrical standards, robots and Lean manufacturing, and how an aluminum packaging plant is helping community growth.
April 2018
2017 Product of the Year winners, retrofitting a press, IMTS and Hannover Messe preview, natural refrigerants, testing steam traps
March 2018
SCCR, 2018 Maintenance study, and VFDs in a washdown environment.
April 2018
ROVs, rigs, and the real time; wellsite valve manifolds; AI on a chip; analytics use for pipelines
February 2018
Focus on power systems, process safety, electrical and power systems, edge computing in the oil & gas industry
December 2017
Product of the Year winners, Pattern recognition, Engineering analytics, Revitalize older pump installations
Spring 2018
Burners for heat-treating furnaces, CHP, dryers, gas humidification, and more
April 2018
Implementing a DCS, stepper motors, intelligent motion control, remote monitoring of irrigation systems
February 2018
Setting internal automation standards

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

The Maintenance and Reliability Coach's blog
Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
One Voice for Manufacturing
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Maintenance and Reliability Professionals Blog
The Society for Maintenance and Reliability Professionals an organization devoted...
Machine Safety
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
Research Analyst Blog
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Marshall on Maintenance
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
Lachance on CMMS
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
Maintenance & Safety
The maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance.
Industrial Analytics
This digital report explains how plant engineers and subject matter experts (SME) need support for time series data and its many challenges.
IIoT: Operations & IT
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Randy Steele
Maintenance Manager; California Oils Corp.
Matthew J. Woo, PE, RCDD, LEED AP BD+C
Associate, Electrical Engineering; Wood Harbinger
Randy Oliver
Control Systems Engineer; Robert Bosch Corp.
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me