Subscribe to our free, weekly email newsletter!


Modern’s 5th Annual Salary Survey

Companies are increasingly rewarding hard work by key players in an effort to not only keep them around, but keep them happy.
By Josh Bond, Associate Editor
September 01, 2012

The results of Modern’s 5th Annual Salary Survey illustrate an industry of experienced, loyal and contented materials handling professionals. At $89,760, the average base salary is the highest in the five years of our survey. Just as impressive: An unprecedented 98% of more than 940 respondents expressed satisfaction with their work. (Read last year’s survey: Materials handling on the uptick.)

But one change we’re seeing following the economic downturn is that individual performance is prized more highly than ever, and incentive strategies once based on increased sales now center on overall company performance.

The current state of materials handling salaries mirrors the rubber band effect of strong industry growth following the economic downturn; now that pent-up demand has been somewhat relieved, compensation in general is returning to normal. However, companies that successfully navigated the recession are rewarding those individuals who helped most, and companies everywhere are ready to pay top dollar for top talent.

image

About the Author

image
Josh Bond
Associate Editor

Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce.


Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

MHEM forecasts 9% growth for 2015 and 7% growth in 2016.

Event marks the 70th anniversary of industry association and event organizer MHI.

Large consumer packaged goods customer approves 24-volt packs for use in Class III pallet jacks.

2015 programs established for five committees: Education, Marketing and Communications, Membership, Industry Affairs and Standards, and End User Advisory Committee.

With lower energy prices sparking domestic economic gains, coupled with solid manufacturing and industrial production activity, improving jobs numbers, and a GDP number that shows progress, there is much to be enthused about when it comes to the economy . But that enthusiasm needs to be tempered, because big headline themes seldom tell the full story.



© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA