FMA offers 2010 Salary/Wage and Benefit Survey.
Press Release Summary:
Available for download at FMA website, 2010 Salary/Wage and Benefit Survey provides data for both salaried and hourly shop floor employees in single-survey tool. Survey details employment practices, benefit packages, salaries, and wages for 132 participating companies. It also reports annual base compensation information for 6,717 employees in 61 applicable industry positions, and includes mean, median, minimum, and maximum ranges for each wage/salary.
Original Press Release:
FMA Offers New 2010 Salary/Wage & Benefit Survey
Report is Available for Download at FMA Web Site
ROCKFORD, ILL., - How does your company's salary structure compare to other firms in the industry?
The 2010 Salary/Wage & Benefit Survey provides data for both salaried and hourly shop floor employees in a single-survey tool, and is available for electronic download at the FMA Store (www.fmastore.org). The cost is $150 for FMA and TPA members and $350 for non-members.
The survey details employment practices, benefit packages, salaries, and wages for 132 participating companies. It reports annual base compensation information for 6,717 employees in 61 applicable industry positions, and includes the mean, median, minimum and maximum ranges for each wage/salary.
Wages are reported by company size, region, area population and sales volume, while employment practices and benefit details are reported by company size.
"Manufacturing executives can review and compare employment practices, staffing policies, compensation data, and benefits information to see if their company is on target and to identify areas of improvement," said Gerald Shankel, president & CEO of the FMA. "With a skilled worker shortage in a range of technical areas, this data can help companies recruit and retain the best qualified employees. For companies involved in negotiating union contracts, having industry-specific comparative data can support reasonable contracts - critical in this challenging economy."
The survey information was collected between April and July 2010. FMA has been publishing the Metal Forming & Fabricating Wage & Benefits Survey since 1995.
Based in Rockford, Ill., Fabricators & Manufacturers Association, International is a professional organization with more than 2,100 members working together to improve the metal forming and fabricating industry through technology councils, educational programs, networking events and the FABTECH trade show. FMA also has a technology affiliate, the Tube & Pipe Association, International (TPA), which focuses on the unique needs of companies engaged in tube and pipe producing and fabricating.
