Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

Download Now!
February 29, 2008
Survey Identifies Best Paid Manufacturing Managers
A new survey that closely examined the salaries of manufacturing managers across the United States identified the job factors that have a significant impact on pay. It also found that, overall, manufacturing managers are satisfied with their jobs and career paths.

Overall, IndustryWeek's 2008 Salary Survey found that the average salary for a manufacturing manager is $105,581 in 2008, down slightly from $106,588 in 2007. This slight decline in average salary notwithstanding, the survey found that 73% of the 1,350 survey respondents reported that they were either "very satisfied" or "satisfied" with manufacturing as a career path and 74% were very satisfied or satisfied with their current job.

IndustryWeek identified the best-paying industry sectors and geographic regions. It found that manufacturing managers in the Pharmaceuticals/Healthcare industry reported the highest average salary ($137, 010). Also near the top of the list were salaries for the Apparel/Textiles industry ($130, 954), Chemicals ($122,023) and Construction/Building Equipment ($114,998). Near the bottom of the list were salaries for the Paper/Printing/Publishing industry ($96,822), Automotive/Transportation Vehicles & Equipment ($94, 399) and Woods Products/Furniture ($90,862).

Interestingly, while 40% of all manufacturing managers live in the North Central region of the country, it is the one of the lowest-paying geographic regions for manufacturing managers, who earn an average of $100,752. Only managers in the South Central region ($98,569) make less. The best paid manufacturing managers were from the Pacific region ($116,035), followed by the South Atlantic ($113,128).

Managers who had a staff size of over 100 employees had a significantly higher average salary ($130,730) than their counterparts who managed between 51-100 employees ($115,099). And, those aged 60 or older had a sizably higher average salary ($122,871) than their younger counterparts in their 50s ($113,438) and 40s ($105,903).

The survey also reported average salaries of managers by gender, race, experience, corporate revenue, seniority and job responsibility, among other factors.

IndustryWeek also provided a number of other insights regarding the demographics and characteristics of manufacturing managers:

  • 71% hold at least a bachelor's degree
  • 71% have more than 15 years of experience in the industry
  • 46% have spent more than 10 years with their current employer
The survey notes that a problem facing U.S. manufacturers is "a dearth of young people entering the industry." Just 3% of survey respondents were in their 20s and only 18% were under the age of 40. "[T]here's no getting past the reality that attracting and retaining talent to the field is one of the most pressing needs for manufacturers at companies of all sizes," IndustryWeek explains.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!
Featured Free Resource:
Cost Per Hire Calculator
Twitter  Facebook  Linked In
Follow Us
Copyright © 2017 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on
Document URL: