The Illinois Manufacturers’ Association’s 2017-2018 Annual Compensation Report is now available. We partnered with IMA member companies Newport Group and Valley Industrial Association (VIA) to survey IMA and VIA members to compile the results for this year’s survey. Considering Newport’s input and expertise in this endeavor, we think you’ll find this year’s report even more valuable than in the past.
The survey questionnaires and/or access to the survey were sent to IMA and VIA members throughout the state of Illinois in March 2017. Data presented represents approximately 194 manufacturing-related job titles reported statewide and by six Illinois labor markets. We also list information on annual incentives used by manufacturers to help keep and increase performance of their workers.
At the request of several member participating companies, we have added various job titles back into the report including executive titles. We also asked about plans employers had for salary increases in 2017 and their 2018 projections. Those results are summarized by employee category (i.e. hourly, nonexempt, salaried nonexempt and salaried exempt).
The individual data submitted, was reviewed for accuracy before being included in the overall database. The information in this report was provided on a confidential basis and the results are presented in aggregate to preserve the anonymity of participating companies.
We hope you find the IMA’s 2017-2018 Annual Compensation Report to be a valuable tool in your compensation considerations. For more information or if you have any questions or comments regarding the report, please direct them to the IMA’s Revenue & Grant Administrator, Janie Stanley at (217) 718-4214 or via email at firstname.lastname@example.org.