-
-
News
News Highlights
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueMoving Forward With Confidence
In this issue, we focus on sales and quoting, workforce training, new IPC leadership in the U.S. and Canada, the effects of tariffs, CFX standards, and much more—all designed to provide perspective as you move through the cloud bank of today's shifting economic market.
Intelligent Test and Inspection
Are you ready to explore the cutting-edge advancements shaping the electronics manufacturing industry? The May 2025 issue of SMT007 Magazine is packed with insights, innovations, and expert perspectives that you won’t want to miss.
Do You Have X-ray Vision?
Has X-ray’s time finally come in electronics manufacturing? Join us in this issue of SMT007 Magazine, where we answer this question and others to bring more efficiency to your bottom line.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - smt007 Magazine
IPC Study: Salary Budgets are Rising
January 22, 2018 | IPCEstimated reading time: 1 minute
Expanding salary budgets for North American electronics assembly companies are among the findings of a new study published by IPC this week. The 2017 Wage Rate & Salary Study for the North American Electronics Assembly Industry is now available for purchase.
Average growth in salary budgets in 2017 and 2018 for the 49 contract electronics manufacturers and OEMs that contributed data to the study was a full percentage point higher than average pay increases in both years, indicating an expanding workforce. The report also covers spending on benefits, health insurance and training.
The report presents averages, average ranges and percentile data on 2017 hourly wages, annual salaries and sales compensation. Data on 40 positions are segmented by region and company size. Sales compensation data covers base salaries, commissions and bonuses, as well as compensation of independent manufacturers' representatives.
Data on current HR policies cover hiring, performance appraisal, shifts, paid leave, team activities and other topics. Coverage of employee benefits includes retirement plans, profit-sharing, stock ownership, health insurance plans, life insurance, coverage of dependents, company contributions to insurance premiums, and tuition assistance.
Electronics assembly companies in North America can use the data in the report to gauge the competitiveness of their compensation, benefits and policies. The findings can help companies compete for the best talent in the industry.
The report is available from IPC for $450 (IPC member price, single user) or $900 (nonmember price, single user). For more information or to purchase the report, click here.
About IPC
IPC is a global industry association based in Bannockburn, Illinois, dedicated to the competitive excellence and financial success of its 4,300 member companies which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $2 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Washington, D.C.; Atlanta, Ga.; Brussels, Belgium; Stockholm, Sweden; Moscow, Russia; Bangalore and New Delhi, India; Bangkok, Thailand; and Qingdao, Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China.
Suggested Items
Cicor Closes Strategic Partnership with Mercury and Strengthens Market Leadership in the European Defense Sector
06/03/2025 | CicorCicor Group announces today the successful completion of the strategic supply partnership with Mercury Mission Systems International S.A. (Mercury) announced in April.
STI Electronics Celebrates Frank Honyotski’s 25 Years of Service
06/02/2025 | STI ElectronicsSTI Electronics, Inc., a full-service organization providing training services, training materials, analytical/failure analysis, prototyping, and contract PCB manufacturing, proudly announces the 25th work anniversary of Frank Honyotski, Master Instructor.
Axxon-Mycronic Showcases Precision Protection Technologies for Extreme Environments at Space Tech Expo
06/02/2025 | Axxon-MycronicAxxon-Mycronic, a leading, global supplier of innovative and production-ready, dispensing and conformal coating systems, is pleased to announce its participation at the Space Tech Expo USA 2025, taking place June 3-4, 2025 at the Long Beach Convention Center in Long Beach, California. Axxon-Mycronic will be exhibiting in Booth #552.
Living His Dream: IPC EAO Course Leads Thejas K to Role as Quality Engineer
05/30/2025 | Michelle Te, IPC CommunityIt’s not often that a child wants to follow in the footsteps of their parents’ career. But Thejas K, a 22-year-old from Mysuru, India, whose mother Padmavathi was an EMS operator for nearly 20 years, is now an associate engineer in the quality department at Cyient DLM where PCB assemblies are manufactured for aerospace and defense.
GTSMT SMT Production Lines are Transforming Modern Electronics Manufacturing
05/29/2025 | EINPresswire.comGTSMT, a prominent leader in the Surface-Mount Technology (SMT) sector, announced the introduction of cutting-edge innovations designed to tackle the evolving challenges facing the global electronics manufacturing industry.