In-plant Managers' Salaries On the Rise

The salaries of in-plants managers in the Manufacturing and Wholesale/Retail industries are among those that have risen sharply in the past two years. This is according to IPG's biennial in-plant salary survey, the results of which will be published in our February issue.According to data collected from 424 in-plant managers, the industries that increased their managers' salaries the most are manufacturing (up $29,537 over the average 2007 salary), wholesale/retail (up $23,512), religious (up $20,067), health care (up $15,893), non-profit (up $13,562) and school districts (up $8,674).

Those that fared the worst compared to 2007 figures were banking/finance and communications/publishing (down about $14,000 each—though their 2007 averages had each jumped drastically compared to 2005).

The sinking economy has already impacted a number of managers; more than 17 percent of respondents already suffered a 2008 pay freeze.

Watch for the complete report in our February issue.