Machinery Lubrication magazine published by Noria Corporation
Issue link: http://www.e-digitaleditions.com/i/572212
www.machinerylubrication.com | September - October 2015 | 21 EDUCATION AND CERTIFICATION PAY OFF Lubrication professionals appear to be acquiring more education, as for the first time in five years, survey respondents with bachelor's degrees were in the majority. This additional education also seems to be influencing salary rates. Workers with a bachelor's degree earned $20,000 a year more on average than those with just a high-school diploma and those who have some college credits but no degree. In addition, respondents with at least one professional certification earned almost 10 percent more per year. The certifications that survey participants 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. GEOGRAPHY Geography was another critical component in respondents' compensation rates. While the Midwest recorded the most responses, it was the Southwest region that reported the highest average salary at more than $88,000 annually, which was nearly $15,000 a year more on average than their colleagues in the Midwest and Northeast. Workers in the Northeast registered the lowest average salary at just more than $72,000 per year. ML Bachelor's degree Some college but no degree Some college but no degree Associate degree Bachelor's degree High-school diploma Associate degree 31 % 19 % 30 % 6 % 15 % Graduate degree High-school diploma What is the highest level of school you have completed or the highest degree you have received? Education Level and Average Salary What certifications Graduate degree $ 67,097 $ 70,585 $ 74,682 $ 90,285 $ 101,533 18 % 3% 1% 12% 8% Bachelor's degree Some college but no degree Some college but no degree Associate degree Bachelor's degree High-school diploma Associate degree 31 % 19 % 30 % 6 % 15 % Graduate degree High-school diploma What is the highest level of school you have completed or the highest degree you have received? Education Level and Average Salary What professional certifications do you hold? Graduate degree $ 67,097 $ 70,585 $ 74,682 $ 90,285 $ 101,533 ICML Level I Machine Lubrication Technician (MLT ICML Level II Machine Lubrication Technician (MLT ICML Level III Machine Lubricant Analyst (MLA III) ICML Level I Machine Lubricant Analyst (MLA I) ICML Level II Machine Lubricant Analyst (MLA II) 18 % 3% 1% 12% 8% Bachelor's degree Some college but no degree Some college but no degree Associate degree Bachelor's degree High-school diploma Associate degree 31 % 19 % 30 % 6 % 15 % Graduate degree High-school diploma What is the highest level of school you have completed or the highest degree you have received? Education Level and Average Salary What professional certifications do you hold? Graduate degree $ 67,097 $ 70,585 $ 74,682 $ 90,285 $ 101,533 ICML Level I Machine Lubrication Technician (MLT I) ICML Level II Machine Lubrication Technician (MLT II) ICML Level III Machine Lubricant Analyst (MLA III) ICML Level I Machine Lubricant Analyst (MLA I) ICML Level II Machine Lubricant Analyst (MLA II) 18 % 3% 1% 12% 8% In which region do you live? Southwest: $88,787 Southeast: $78,104 Northwest: $75,495 Midwest: $73,741 Northeast: $72,166 Average Salary by Region What is the highest level of school you have completed or the highest degree you have received?