2014 Manufacturing & Distribution Results Available

July 28, 2014  from: News

The 2014 Compensation Data Manufacturing & Distribution pay and benefits survey results were released in early July by Compdata Surveys.

Pay Increase Budgets for Manufacturing & Distribution Employers Remain Stable as Unemployment Recedes

July 31, 2013  from: News

In June 2013, the Bureau of Labor Statistics reported the unemployment rate at 7.6 percent, down from the recession high of 10 percent reported in October 2009. Although the unemployment rate has dropped slowly over the last few years, the 2013 Compensation Data Manufacturing & Distribution survey results show pay increase budgets in the industry have remained very similar this year at 2.9 percent compared to 2.7 percent since 2011. The results indicate employers expect pay increase budgets to remain at 2.9 percent in 2014.

Manufacturers Struggle with Mounting Insurance Costs

November 15, 2012  from: In the News

The average cost of insuring employees in the manufacturing sector continues to rise at a dramatic pace, putting considerable pressure on smaller companies in particular.

Insurance Costs Continue Trending Upward for Manufacturing & Distribution Organizations

October 18, 2012  from: News

The 2012 Compensation Data Manufacturing & Distribution survey results reported the average annual cost of insurance per employee on a manufacturing and distribution employer sponsored PPO plan is $8,326. That’s up from $7,227 reported in 2009, an increase of 15.2 percent in three years.

Manufacturing and Distribution Employers Seek Ways to Create a Flexible Work Environment

September 4, 2012  from: News

Employers across the country are looking for ways to attract and retain employees without resorting to hefty pay increases or expensive benefit plans. As a result, some employers have found that adopting a results-only work environment (ROWE) may be the key to creating an attractive work environment for employees.

Manufacturing & Distribution Employers Scramble to Find Relief on Prescription Costs

August 23, 2012  from: News

Because he rate at which individuals developing chronic health conditions continues to increase, the expected decline in drug costs comes as little comfort to manufacturing and distribution employers who are largely footing the bill, as an overwhelming majority still offer prescription coverage to employees as a part of their medical plan. These increasing costs translate to higher premiums for employers and employees, as well as increasing co-pays.

Lean Practices Aid Manufacturers in Doing More With Less

August 7, 2012  from: News

The 2012 Compensation Data Manufacturing & Distribution survey results found that 72.4 percent of manufacturers and distributors employ the use of lean practices. Of the lean practices utilized by manufacturers, 5S has long been the most popular, as it’s used by 68.3 percent of manufacturing and distribution organizations surveyed.

Expect small increases in pay budgets for manufacturers

July 27, 2012  from: In the News

The recently released 2012 Compensation Data Manufacturing & Distribution survey, put together by Compdata Surveys, also projects a slight increase to 2.9% for 2013.

Manufacturing & Distribution Pay Increase Budgets Show Slight Uptick

July 26, 2012  from: News

The 2012 Compensation Data Manufacturing & Distribution survey results reported pay increase budgets at 2.8 percent, reflecting a slight uptick from 2.7 percent reported in 2011. Pay increase budgets are projected to slightly increase to 2.9 percent in 2013.

Wellness Programs on the Rise for Manufacturing & Distribution Employers

July 24, 2012  from: dataLink

According to the newly released 2012 Compensation Data Manufacturing & Distribution survey results, employers are providing many options to their employees concerning health and wellness programs. With prevention becoming the buzzword, organizations have taken steps to increase their employees’ health and wellness through various programs.