Original Press Release
IPC Issues Wage and Salary Reports for PCB and EMS Industries
Press release date: January 28, 2008
BANNOCKBURN, Ill., USA January 28, 2008 - IPC - Association Connecting Electronics Industries® announces the release of two biennial studies - 2006-2007 IPC Wage Rate and Salary Report for the PCB Industry and 2006-2007 IPC Wage Rate and Salary Report for the Electronics Manufacturing Services (EMS) Industry.
The PCB industry salary and wage report presents aggregate data on 41 positions and their related job descriptions. Historical and current wage and salary data are shown by regions in the United States and Canada and by company size. The report also includes aggregate data on the respondents' personnel and compensation policies, benefits and sales compensation structure.
According to this study, hourly wages in the U.S. and Canadian PCB industries have increased since 2004. A similar trend can be seen in salaried positions. Overall, average projected organizational salary budgets increased more than three percent from 2006 to 2007.
The EMS industry salary and wage report presents aggregate data on 30 positions and their related job descriptions. Current wage and salary data are shown by regions in the United States and Canada and by company size. The report also includes aggregate data on the respondents' personnel and compensation policies, benefits and sales compensation structure.
The survey found that, on average, U.S. and Canadian EMS organizational salary budgets for salaried positions increased in 2007 by 3.1 percent. Salary budgets for management positions increased 3.9 percent, while hourly positions increased 3.3 percent. Benefit costs in 2006 were, on average, 16.8 percent of total wages, down from 21.6 percent in 2004.
The PCB and EMS industry wage rate and salary reports cost $450 for IPC members and $950 for nonmembers. For additional information on these studies, contact Sree Bhagwat, IPC market research manager, at +1 330-677-5563 or SreeBhagwat@ipc.org.
About IPC IPC (www.ipc.org) is a global trade association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 2,500 member companies which represent all facets of the electronics interconnect industry, including design, printed circuit board manufacturing and electronics assembly. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $1.5 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Arlington, Va.; Garden Grove, Calif.; Stockholm, Sweden; and Shanghai, China.