The Illinois Manufacturers' Association and RSM McGladrey invite you to participate in the 2008 IMA Compensation Survey. Each year the IMA will administer a Benefits Survey and a Compensation Survey. All participants will receive a FREE electronic copy of the survey report. In addition, IMA members will receive significant discounts on custom reports not available except to those who participate in this survey. The survey covers 186 positions across 13 job families including jobs at the plant, supervisory, management, and executive levels. The published results will contain compensation information for different geographies (e.g., city of Chicago, Northern IL), revenue levels, and number of employees. RSM McGladrey will be conducting the survey as a third-party survey administrator. All individual data submitted will be kept strictly confidential, and no individual organization or employee data will be released. Survey results will be reported in aggregate to ensure confidentiality.
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The IMA's Small Manufacturers' Action Council (SMAC) will meet in the association's Oak Brook Office Conference Room, 1211 West 22nd Street at 9:00 a.m. on May 2, August 1st and November 7th to discuss the success of small manufacturing in Illinois. All small manufacturers in Illinois (generally presidents of companies with less than 100 employees)are invited to join this dynamic group. The SMAC acts as a sounding board for the IMA Board of Directors on issues facing the smaller manufacturer. You've heard of clout? We've got SMAC! RSVP to Julie Starsiak at JStarsiak@IMA-net.org or by phone at 800-875-4462, ext. 2119.
A new report on Illinois' economic outlook was released recently by the Illinois Commission on Government Forecasting and Accountability. The report was prepared by Moody's for the bipartisan economic forecasting service agency of the General Assembly.
According to the report, the state's manufacturing will continue to occupy a greater than average position in the Illinois economy but Illinois will have to fight to maintain its manufacturing base. Currently manufacturing is the single largest contributing sector to the state's economy at roughly 13 percent of state GDP. However, the report notes that since 1998, Illinois has lost more than 240,000, about 26 percent, of the sector's total employment and says the losses are expected to be permanent. Get the full story, plus comments by IMA's president & CEO Greg Baise.
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