Foundrymen see slight dip in salaries in 2002: this confidential AFS salary survey shows that foundry base salaries in 2002 dropped 0.5% and total compensation was down 0.6%.The results of the AFS A distributed file system for large, widely dispersed Unix and Windows networks from Transarc Corporation, now part of IBM. It is noted for its ease of administration and expandability and stems from Carnegie-Mellon's Andrew File System. AFS - Andrew File System 2003 Confidential confidential, adj pertaining to information that is only shared with those directly responsible for patient care. Salary Survey show that 2002 foundry A semiconductor manufacturer that makes chips for third parties. It may be a large chip maker that sells its excess manufacturing capacity or one that makes chips exclusively for other companies. base salaries decreased 0.5% from 2001 while total compensation decreased 0.6%. These results and the data contained in Tables 1 and 2 were obtained through a survey of 146 U.S. foundries that are corporate members of AFS, the Steel Founders' Society of America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. and/or and/or conj. Used to indicate that either or both of the items connected by it are involved. Usage Note: And/or is widely used in legal and business writing. the Non-Ferrous Founders' Society. In looking at the salary survey by job classification, junior salesmen (with five years of experience or less) enjoyed the biggest increase as their base salaries rose 19.4%. Top manufacturing executives and production managers also saw a healthy increase of 16.2%, as did executive vice presidents (15%) and personnel managers (15.2%). Along with salaries, total compensation was up for junior salesmen (19.8%), senior salesmen (18.2%) and top manufacturing executives (18%). Supervisors took the biggest hit in the latest study as core supervisors saw their base salary, fall 2.4%. Cleaning supervisors were down 2.2% and molding molding, in architecture, furniture, and decorative objects, a surface or group of surfaces of projecting or receding contours. A molding may serve as a defining element, terminating a unit or an entire composition (e.g. supervisors dropped 0.3%. Top marketing executives saw their total compensation fall by 2.5%. Core supervisors were down 1.5% and top engineering executives were down 0.3%. Overall, the weighted average for base salaries for all classifications was down to $64,000. That dropped from $64,300 a year ago. The weighted average for total compensation was at $70,800, down from $71,300 in 2001. Please note that this report should be used for baseline The horizontal line to which the bottoms of lowercase characters (without descenders) are aligned. See typeface. baseline - released version informational purposes only, as many factors can influence the national findings listed. The findings shown here are an average of the total figures provided by the responding firms, which may not necessarily be representative of the industry in terms of sales Terms of sale Conditions under which a firm proposes to sell its goods or services for cash or credit. , metals poured and geographic geographic /geo·graph·ic/ (je?o-graf´ik) in pathology, of or referring to a pattern that is well demarcated, resembling outlines on a map. geographic pertaining to geography. makeup makeup In the performing arts, material used by actors for cosmetic purposes and to help create the characters they play. Not needed in Greek and Roman theatre because of the use of masks, makeup was used in the religious plays of medieval Europe, in which the angels' faces . More specific information on payroll payroll a list of employees, their salary rates, tax deductions, amounts paid, payroll tax, long service leave entitlements. issues for each of these areas can be gleaned from the larger report. In addition, inconsistencies among responding companies may alter the figures from year to year. Also, retirements and experience factors aren't aren't Contraction of are not. See Usage Note at ain't. aren't are not aren't be evident by examining the numbers. For additional information about the AFS 2002 Confidential Salary Survey, contact AFS Publications at 800/537-423.
Table 1. % Salary Increase--6-Yr History
Year Base Total
Salary Compensation
2002 -0.5% 0.6%
2001 1.4% -4%
2000 0.2% 0.5%
1999 2.6% -1.3%
1998 5.1% 3.6%
1997 4.3% 4.5%
Table 2. 2002 U.S. Salary Survey by Job Classification (in thousands of
dollars)
Job Classification Avg. Median
Salary Salary
($) ($)
Chairman of the Board 159.8 152.5
President 143.8 135.1
Executive Vice President 113.2 90.8
Top Marketing Executive 95.6 92
Top Manufacturing Executive 100.1 90
Top Financial Executive 80 75
Top Engineering Executive 80.8 77.7
Top Human Resources Executive 72.8 64.9
Top Quality Executive 65.1 52.7
Production Manager 71.5 75
Sales Manager 67 66.7
Purchasing Agent 51.9 47
General Superintendent 65 67.2
Metallurgist 60.8 61.3
Production Control Manager 53.4 52.7
Quality Assurance Manager 56.4 55.1
Data Processing Manager 59.4 61.8
Human Resource Manager 55 56.5
Safety/Environmental Engineer 50.8 50.7
Chief Industrial Engineer 58.2 58.7
Plant Engineer/Maintenance Supervisor 54.6 52
Supervisor-Molding 44.82 45.8
Supervisor--Core 40.5 40.3
Supervisor-Cleaning 41.0 42.9
Supervisor-Melting 45.5 47.6
Supervisor-Pattern 50.6 50.1
Salesman-Senior 63.1 63.5
Salesman-Junior 50.2 47.8
Job Classification % Change Avg. Total
Avg. Salary Compensation
from '01 ($)
Chairman of the Board 13.6 173.9
President 9.4 165.6
Executive Vice President 15 133.8
Top Marketing Executive 3 106.2
Top Manufacturing Executive 16.2 114.4
Top Financial Executive 3.3 87.8
Top Engineering Executive 1.5 85.2
Top Human Resources Executive 4.6 78.5
Top Quality Executive 1.8 71
Production Manager 16.2 76.2
Sales Manager 5.7 75.9
Purchasing Agent 5.9 54.6
General Superintendent 12.3 71.1
Metallurgist 7.6 63.4
Production Control Manager 11.6 55.8
Quality Assurance Manager 12.3 58.7
Data Processing Manager 7.6 61.5
Human Resource Manager 15.2 57.6
Safety/Environmental Engineer 11.6 52.9
Chief Industrial Engineer 5.5 61.6
Plant Engineer/Maintenance Supervisor 3.1 58.4
Supervisor-Molding -0.3 47.1
Supervisor--Core -2.4 42.1
Supervisor-Cleaning -2.2 43.8
Supervisor-Melting 5.7 47.8
Supervisor-Pattern 8.4 51.9
Salesman-Senior 9.7 73.1
Salesman-Junior 19.4 52.8
Job Classification % Change
Avg. Total
Comp. from '00
Chairman of the Board 5.4
President 3.8
Executive Vice President 2.7
Top Marketing Executive -2.5
Top Manufacturing Executive 18
Top Financial Executive 2.4
Top Engineering Executive -0.8
Top Human Resources Executive 1.5
Top Quality Executive 2.7
Production Manager 13.6
Sales Manager 7.4
Purchasing Agent 5.4
General Superintendent 12.6
Metallurgist 7.9
Production Control Manager 9.2
Quality Assurance Manager 11
Data Processing Manager 6.9
Human Resource Manager 17.3
Safety/Environmental Engineer 11.8
Chief Industrial Engineer 5.3
Plant Engineer/Maintenance Supervisor 3.5
Supervisor-Molding 0
Supervisor--Core -1.5
Supervisor-Cleaning 0.6
Supervisor-Melting 6.6
Supervisor-Pattern 7.4
Salesman-Senior 19.8
Salesman-Junior 18.2
Weighted Average for All Job Classifications--Base Salaries: 64.0
Change: -0.5% Weighted Average for All Job Classifications--Total
Compensation: 70.8 Change: -0.6%
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion