2018 Manufacturing\nCompensation Report<\/a>, sponsored by the SME Education Foundation and the Arconic Foundation, \u201cfound\nan average compensation of $64,014 for hourly workers and $111,731 for salary\nworkers, including base pay, bonus\/commission and dividends\/stock\noptions\/profit sharing, and such perks as a company car and mobile phone.\nFollowing the trend in the rest of the country, 68 percent of hourly workers\nand 73 percent of salary workers reported a wage increase in the last year.\u201d <\/p>\n\n\n\nIn this report, Christopher Barger, senior director\nof communications at SME, said, “There are multiple paths to success and\ngood-paying careers at all levels of manufacturing, and the good news is these\njobs are in high demand. Individuals who pursue a career in manufacturing have\nseveral options to gain solid training education, be it entering the workforce\nfrom high school through apprenticeships or internships, attending a vocational\nschool and getting certifications, or attending community colleges, and\nobtaining associates or four-year degrees.\u201d <\/p>\n\n\n\n
Most people have no idea of the variety of jobs that\nare available at manufacturing companies.\nBesides the usual corporate\/executive management jobs, some of the other\nmanagement jobs available at medium to large manufacturers are in these areas:\noperations, plant\/facilities, manufacturing\/production, purchasing\/procurement,\nsales\/marketing, quality, supply chain, lean\/continuous improvement, human\nresources, R&D\/product development, and safety\/ regulatory compliance. <\/p>\n\n\n\n
If you have the opportunity to visit the modern\nmanufacturing facilities in the U. S., you would see the most productive,\nhighly skilled labor force in the\nworld applying the latest in information, innovation, and technology. Contrary\nto popular opinion, the industrial age is not over. We are in the midst of\nincredible advances in manufacturing \u2013 from\nnanotechnology, Industrial Internet of Things, robotics, artificial\nintelligence, and biotechnology. <\/p>\n\n\n\n
The innovation found in the manufacturing industry\nhas helped to increase economic productivity too. Since the Industrial\nRevolution, the way we produce and consume goods has drastically changed, and\nit is continual innovation that allowed and continues to allow our country to\nbecome increasingly more productive in the services offered.<\/p>\n\n\n\n
Automation\nand robotics have helped keep American manufacturers not only competitive but\nthe most productive in the world. Manufacturing has long led U.S. industries in\nproductivity growth. Gains in productivity raise a country\u2019s standard of\nliving. In the past 20 years, productivity \u2013 output per hour \u2013 has more than\ndoubled \u2013 actually 2.5 times \u2013 that of other economic sectors.<\/p>\n\n\n\n
There\nis also a multiplier effect of manufacturing jobs that\nreflects linkages that run deep into the economy. For example, every 100 steel\nor automotive jobs create between 400 and 500 new jobs in the rest of the\neconomy. This contrasts with the retail sector, where every 100 jobs generate\n94 new jobs elsewhere, and the personal and service sectors, where 100 jobs\ncreate 147 new jobs. In addition, for every $1.00 spent in manufacturing<\/em>,\nanother $2.74 is added<\/em> to the economy. <\/em>Thus, this economic data indicates that each\nmanufacturing job creates three to four other jobs, while service jobs only\ncreate one to two other jobs. <\/sup><\/p>\n\n\n\nThus,\nmanufacturing is an important vehicle to grow and sustain a higher standard of\nliving for our nation, our states, cities, communities and individual families.\nThe higher wages of manufacturing jobs contribute to a better quality of life\nwhile ensuring that we have a strong domestic manufacturing sector to protect the health and\nwelfare of all Americans as well as protect our national security. <\/p>\n","protected":false},"excerpt":{"rendered":"
Continuing my series on why manufacturing is important to America, the second reason is that wages and benefits for manufacturing jobs are approximately 21 percent higher than for non-manufacturing jobs. As manufacturing jobs have declined over the past 40 years, the difference between the lowest personal income and highest personal income has steadily grown wider. This difference […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[95],"class_list":["post-975","post","type-post","status-publish","format-standard","hentry","category-general","tag-manufacturing-jobs"],"_links":{"self":[{"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/posts\/975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/comments?post=975"}],"version-history":[{"count":2,"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/posts\/975\/revisions"}],"predecessor-version":[{"id":978,"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/posts\/975\/revisions\/978"}],"wp:attachment":[{"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/media?parent=975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/categories?post=975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/savingusmanufacturing.com\/blog\/wp-json\/wp\/v2\/tags?post=975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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