SMT, PCB Electronics Industry News

SMT, PCB Electronics Industry News

News from Association Connecting Electronics Industries (IPC)


New IPC Study Shows Modest Increase in Compensation for North American Electronics Industry Executives

Mar 13, 2013

IPC — Association Connecting Electronics Industries® announces the release of a new study, IPC Executive Compensation Study for the North American Electronics Industry 2011-2012. Reporting on data from 41 North American electronics manufacturing companies, the study provides the opportunity to compare a firm’s compensation levels and HR policies and practices to other companies in the industry. 

The executive compensation study presents comprehensive data on executives’ base salaries, bonuses and other forms of compensation and benefits and covers 12 key executive positions. Within the report, results are reported by company type, industry segment, region and company size.  

For the first time, key industry segments represented in this study include: EMS/ODM companies, OEM/end-product manufacturers, PCB fabricators and assembly/fabrication equipment manufacturers.   

The study also highlights the expected percentage change in overall executive compensation budgets for 2013 and indicates an average 2.9 percent increase for 2013. From an employee benefit plan perspective, the responding companies pay an average of 81.5 percent of employees’ health insurance premiums. Most also offer life insurance, defined contribution retirement plans and long-term and short-term disability insurance. 

With the current state of the economy, IPC realizes how important it is to track trends and provide members with comprehensive, accurate and timely data on compensation and benefits in the industry,” said Sree Bhagwat, IPC market research manager.   IPC Executive Compensation Study for the North American Electronics Industry 2011-2012 is free to participating companies and available for purchase at $950 for IPC members and $1,900 at the standard industry rate. For more information or to purchase the study, visit www.ipc.org/2011-12-Executive-Compensation-Study. 

IPC also plans to conduct its online survey for the Wage Rate and Salary Study for the Electronics Industry in August.  To participate in future studies, contact IPC’s Market Research Manager, Sree Bhagwat, at +1 330-677-5563 or SreeBhagwat@ipc.org.  For information on other IPC market research studies, visit www.ipc.org/marketresearchreports.


IPC (www.IPC.org) is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 3,300 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 $2.17 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Arlington, Va.; Stockholm, Sweden; Moscow, Russia; Bangalore, India; Bangkok, Thailand; and Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China.

 

You must be a registered user to talk back to us.

More News from Association Connecting Electronics Industries (IPC)

May 16, 2017 -

IPC Report Details How PCB Manufacturers Meet Current and Future Technology Demands

May 15, 2017 -

Taiwan Union Technology Corporation Receives the First IPC-4101 Qualified Products Listing Certification

May 15, 2017 -

IPC to Host Fourth Annual Reliability Forum in Germany

May 04, 2017 -

Electronics Industry Leaders Meet with Members of Congress and Leaders of Trump Administration Executives urge policymakers to support pro-manufacturing policies

May 04, 2017 -

IPC Welcomes New Senior Director of Learning and Professional Development

May 03, 2017 -

North American PCB Order Growth Boosts Book-to-Bill Ratio

May 02, 2017 -

IPC Welcomes New White House Office on Trade and Manufacturing Policy

Apr 27, 2017 -

IPC’s U.S. Skills Gap Study Reveals Skills and Qualifications in Short Supply

Apr 22, 2017 -

Congresswoman Discusses U.S. Policy Priorities with IPC Member-company, TTM Technologies

Apr 13, 2017 -

Congressman Discusses U.S. Policy Priorities with Staff at IPC Member-company, VirTex

(829) more news from Association Connecting Electronics Industries (IPC)

New IPC Study Shows Modest Increase in Compensation for North American Electronics Industry Executives news release has been viewed 502 times

How FactoryLogix Helped Sparton Corp. Achieve Regulatory Compliance

Selective Solder Wetted Nozzles