Pay Rates in Health Industry Manufacturing

Compensation in Health Industry Manufacturing, 6th Edition - 2003

PUBLISHED: June 2003

Summary of Compensation in Health Industry Manufacturing, 6th Edition - 2003, detailing highest and lowest paid job characteristics, and national median total cash compensation for 22 positions follows:

Also, see Compensation in Manufacturing, which includes Health Industry

The composite highest-income practitioner in this field (salary plus cash bonus and/or cash profit sharing) is the President of a firm that manufactures surgical/medical instruments and apparatus. The company has 100 or more employees; more than $50 million in annual revenue; and is headquartered in or near Dayton, Chicago, Minneapolis/St. Paul, Cleveland, Memphis, Louisville, or Greensboro/Winston-Salem, or outside a metropolitan area studied in Pennsylvania. While the median President in this group has a total annual income of $196,500, the highest-income individuals reported in this group make over $300,000.

Toward the bottom of the income spectrum, Assemblers "B" have a median annual income of $32,583. Sometimes earning under $19,000, the lowest-paid employees in this group work for firms that manufacture surgical/medical instruments and apparatus. The company has 100 or more employees; annual revenue over $5 million; and is headquartered in or near Minneapolis/St. Paul, Tampa/St. Petersburg, Louisville, Orlando, Portland (OR), or Houston, or outside a metropolitan area studied in Pennsylvania.

These composites represent the briefest possible "boil-down" of the voluminous data provided regarding current salaries and cash bonuses and/or profit sharing, and numerous demographic variables provided by 14 health industry manufacturers. The end results of the survey appear in Compensation in Health Industry Manufacturing, 6th Edition - 2003, a 107-page statistical analysis of compensation for over 1,500 employees in 36 benchmark jobs. Copies of this report are available for $750.00 through our On-Line Order Form or from Abbott, Langer & Associates, Inc., Dept. NET, 548 First St., Crete, IL 60417 (telephone 708/672-4200; fax 708/672-4674).

It would be an exercise in futility to attempt more than a superficial overview of the survey results in this summary. However, some overall data regarding compensation can be presented herein.

In addition to the incomes of the benchmark jobs already discussed, the median total cash compensation nationally of some of the other 34 benchmark jobs included in the survey report is:

Naturally, these nation-wide pay rates vary by geographic location, type of product, annual revenue received by the firm, size of firm, and supervisory/managerial responsibility involved - all demographic variables for which data are provided in the complete report.

Geographic Variations

The highest overall incomes were received (in descending order) in the Rocky Mountain, northeastern, north central, southern, Pacific, midwestern, and southwestern states. Of course, this varies by job group.

Overall, administrative and professional employees received the highest salaries in the north central and Pacific states, and the lowest salaries in the midwestern and southern states.

For sales/marketing employees, the highest income was found in the Pacific, Rocky Mountain, and northeastern states, with the lowest income reported in the midwestern, southern, and north central states. The southwestern states fall between those two groups.

In the information systems/data processing group, employees received the highest pay (in descending order) in the midwestern, southwestern, and southern states.

In descending order, the financial group of employees were paid best in the north central, southwestern, midwestern, and southern states.

For clerical employees, the highest salaries reported were in the Pacific and midwestern states. The lowest salaries were reported in the north central and southern states.

The material acquisition/control/movement group of employees received the highest annual incomes in the southwestern and midwestern states. The lowest incomes were reported in the Pacific and north central states, with the southern states between the two groups.

Overall, maintenance and repair employees were paid best in the north central and southwestern states, with the lowest incomes in the southern, midwestern, and northeastern states.

The highest salaries for engineering/technical managers were reported in the southwestern and northeastern states, and lowest salaries in the southern and midwestern states.

As a whole, engineering employees were paid best in the north central, southwestern, and northeastern states, and least in the Pacific and southern states. Overall, technical employees and plant/manufacturing/production managers earned the highest salaries in the southern states, followed by the midwestern states.

Design and drafting employees received the highest incomes in the northeastern states, followed by the southern states.

For production supervisors, the southwestern and midwestern states paid the highest salaries. The southern and northeastern states paid the least. Production workers as a whole received the best incomes in the midwestern, northeastern, and Pacific states, with the lowest incomes reported in the southwestern, southern, and north central states.

The quality assurance/control, regulatory affairs and documentation group of employees received the highest salaries in the north central and midwestern states. The southern and northeastern states paid the lowest salaries.

In descending order, inspection employees were paid best in the midwestern, north central, southwestern, northeastern, and southern states.

Type of Product

Overall, incomes were highest in firms manufacturing surgical/medical instruments and apparatus. This was also the case for all groups of employees except for the financial, maintenance and repair, engineering/technical management, engineering, technical, design and drafting, and plant/manufacturing/production management.

Size of Organization

Overall, the number of employees was not a factor in determining annual incomes in the health industry manufacturing field.

Level of Managerial/Supervisory Responsibility

This factor is an excellent predictor of overall income in the health industry manufacturing field. Median income increases from $63,000 for those supervising from one to four non-professionals to $139,490 for those supervising five to nine professionals and non-professionals and to $142,250 for those who direct the activities of 10 or more professionals and non-professionals.

Order the 107-page survey report, Compensation in Health Industry Manufacturing, 6th Edition - 2003, described on this page for $750, with charges for shipping & handling (and IL sales tax, if applicable). The report is IN STOCK and can be shipped out within two business days. The mean, median, 1st and 3rd quartile, and 1st and 9th decile data for base salary, bonus/commission/profit sharing, and total annual cash compensation are reported for many demographic variables, including geographic location, type and size of employer, etc. To purchase the report, use our On-Line Order Form, call 708/672-4200, email, fax, or write per the information at the bottom of this page.