Machinery Lubrication magazine published by Noria Corporation
Issue link: http://www.e-digitaleditions.com/i/388231
www.machinerylubrication.com | September - October 2014 | 13 ccording to this year's survey, education and training continue to offer workers a direct path to higher income levels, with salaries increasing consistently with each degree achieved. While most respondents had completed some college work but had no degree, those with a college degree earned up to 20 percent more on average. Likewise, professional certification could be linked to higher salaries, as those with at least one professional certification were more likely to have received a raise in the past year and earn more than those without any certifications. The certifications that respondents most often listed as being paid more for were the International Council for Machinery Lubrication's Machine Lubricant Analyst (MLA) Level I, II and III certifications as well as the Machine Lubrication Technician (MLT) Level I and II certifications. A THE IMPACT OF EDuCATIOn AnD CERTIFICATIOn What is the highest level of school you have completed or the highest degree you have received? High-school diploma: 12% Some college but no degree: 31% Associate degree: 16% Bachelor's degree: 29% Graduate degree: 11% $66,692 $72,458 $77,014 $91,128 $94,160 High-school diploma Some college but no degree Associate degree Bachelor's degree Graduate degree Education Level and Average Salary Education Level and Average Salary ICML Level I Machine Lubrication Technician (MLT I): 18% ICML Level I Machine Lubricant Analyst (MLA I): 11% ICML Level II Machine Lubricant Analyst (MLA II): 6% ICML Level II Machine Lubrication Technician (MLT II): 4% ICML Level III Machine Lubricant Analyst (MLA III): 2% What professional certifications do you hold? 46 percent of respondents hold at least one certification. n the job, survey respondents reported working fewer hours than in previous years but still average well more than 40 hours each week. The average length of service was 15 years, although many reported well over 40 years on the job. Job satisfaction remained high, with 75 percent of respondents satisfied or very satisfied with their job. Challenge and stimulation were the main factors contributing to job satisfaction, while lack of manage- ment support and lack of recognition were the things workers most often disliked about their jobs. O On THE JOB FROnT On average, how many hours do you work each week? Less than 40: 2% 70 or more: 3% 60-69: 4% 50-59: 23% 40: 23% 41-49: 46% $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 $110,000 Less than 40 hours 40 hours 41-49 hours 50-59 hours 60-69 hours More than 70 hours Hours Worked and Average Salary Hours Worked per Week and Average Salary How many years have you worked for your current employer? The longest tenure reported was 45 years. $51,333 $76,683 $78,212 $84,364 $107,571 $98,800 Less than 5 years: $80,200 5-10 years: $80,200 11-20 years: $75,266 More than 10 years: $79,468 More than 20 years: $82,840 Tenure and Average Salary ML