Our annual Workforce Pay Benchmark – which is based on responses from 340 companies – has just been published, providing manufacturers with essential intelligence about the latest pay levels in the sector.
The 2017-18 results show:
- Of all the sectors Machinery tops the table for pay, with Manual employees median basic pay 7% above the UK figure and Clerical & Technical employees even higher, at 10% more than the UK median
- Manufacturing companies with turnover of £101 million or more tend to have the highest pay across their workforce
- Of the 36,654 employees included in this year’s survey, 42% of Clerical & Technical staff and 35% of Manual workers received a bonus, equating to average bonus payments of £1,530 and £1,194 respectively
- Eighty-one per cent of Clerical & Technical and 78% of manual employees are in receipt of a defined contribution pension
It’s not just about trends
However as interesting as the trends in the overall data are, what this report does best is provide a page-by-page guide to regional and national pay rates for more than 100 job roles, ranging from skilled to unskilled shop floor positions, through to administrative, technical and supervisory roles, to name but a few.
For example, our 2017-18 benchmark can not only reveal that the average basic pay for a skilled Machinist across the UK is £25,052, and for the equivalent semi-skilled role the average is £20,408, it also details the pay data for both these roles across each of the eight regions covered in the survey.
Click here to find out how your company can get access to the full report.