In-plant Salaries on the Rise
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As the economy improves, the salaries of in-plant managers are creeping upward as well. According to IPG's new salary survey, managers’ salaries have risen 9.9 percent over the past two years. What’s more, the median salary has jumped $10,000 since our 2013 survey.
More managers received raises last year, as well. Overall, 76 percent got a pay increase, versus just 60 percent two years ago. And the number that received no raise at all dropped from 29 percent to 19 percent.
It was encouraging to see that nearly 40 percent of in-plant managers like their jobs and would not consider high-paying offers elsewhere—a 19 percent jump in job satisfaction from two years ago. Another 6.4 percent would only take a new job if it were at an in-plant.
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