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2003 Survey of wages and economic benefits in the foundry industry. (Industry News).


This annual survey of foundries in the U.S. and Canada reports on wage rates for 28 foundry hourly job classifications. These reports cover approximately 500 foundries in 29 geographic areas in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada. National reports are given for foundries based on the type of metal they pour: iron, steel, nonferrous non·fer·rous  
adj.
1. Not composed of or containing iron.

2. Of or relating to metals other than iron.


nonferrous
Adjective

1.
, or multi-metal. Breakdowns are given by size (number of employees) and by union or union-free. Results for wages are reported in cents per hour. Benefits data is given on health insurance, pension, vacation, holidays, life insurance, gain sharing, profit sharing profit sharing, arrangement by which employees receive, in addition to their wages, a share of the net profits of a business. The purpose is to give them an incentive to increase their output through enhanced morale, less wasteful use of materials, better care of , social security, workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work.  and unemployment compensation. All of the key job classifications necessary to clarify occupational wage relationships are included.

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Comment:2003 Survey of wages and economic benefits in the foundry industry. (Industry News).
Publication:Modern Casting
Article Type:Brief Article
Geographic Code:1CANA
Date:Jun 1, 2003
Words:124
Previous Article:Music to metalcasting's ears. (Shakeout).
Next Article:2003 Confidential salary survey (based on 2002 salaries). (Industry News).
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