Wage and Salary Survey Offers Competitive Benchmarking Opportunity to North American Electronics Assembly Companies

By Sharon Starr, director, market research

IPC’s biennial Wage Rate and Salary Survey for the North American Electronics Assembly Industry is much more than its name implies. It collects data on compensation for 40 hourly and salaried technical, manufacturing and sales positions at original equipment manufacturers (OEMs) and contract electronics manufacturing services (EMS) companies in North America. In addition, it covers salary budget growth, planned increases for 2020, and employee benefits and policies.

Companies can use this study to assess their competitiveness in today’s labor market. The survey covers 25 hourly, 11 salaried and four sales positions, including commission rates for both internal sales and customer service staff as well as independent manufacturers’ representatives. The report on the results will show the data in averages and percentiles. It will be segmented by company type, size and region, enabling companies to assess their competitive position as employers within their region and company-size tier. Job descriptions are also included in the report.

The study will enable companies to benchmark their employee benefits and HR policies against industry norms. The survey covers the use of various types of insurance and retirement plans, flexible hours, paid leave, performance appraisal methods, tuition reimbursement and many other policies, making the results a valuable resource for companies wishing to update their human resource management strategies. The study is unique in in its focus on the North American electronics assembly industry. Survey participants will receive the report on the findings at no cost.

The survey is intended for HR professionals and executives who can provide data on a range of positions and policies. The survey is open now with an extended response deadline of November 8. The survey can be accessed at www.ipc.org/WageSurvey2019.

Participants are asked for their IPC company code to start the survey. They can obtain their codes by contacting IPC’s market research team at marketresearch@ipc.org or calling +1 847-597-2868. The company code is used to protect the confidentiality of participants’ data. IPC publishes only aggregate numbers and maintains strict confidentiality. The report will not identify participating companies.

 

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