Product no. HR22WB
With companies in a seemingly endless hiring cycle and production capacity peaking, your ability to be profitable likely comes down to your ability to locate, hire, and retain quality employees for all positions throughout your organization. A key aspect to building the right team is ensuring that you reward your staff appropriately compared to what they might receive elsewhere. This includes compensation in the form of wages, incentives, and benefits.
The 2022 Foundry Hourly Wage & Benefits Report is an analysis of 2021 compensation practices that is intended to serve as a resource for metalcasting companies developing recruitment and retention strategies. The report is the result of a survey of 66 metalcasting facilities throughout North America, reporting on 27 different hourly positions. The report was compiled and produced with the assistance of the Profit Planning Group Inc, as a confidential, third-party administrator. This report is $450 for corporate members.
To participate in future compensation studies, contact Ben Yates (byates@afsinc.org).
Click here to see a preview of the survey.
Keywords: Hourly, wage, salary, benefits, compensation, human resources.