After two consecutive years of reporting declining wages, Machinery Lubrication's
online survey of lubrication professionals in the United States revealed a slight
increase in the average salary for 2016, although compensation rates still have not
rebounded to 2012-2013 levels. Other industry insights included the trend toward
more education and training, as the percentage of survey participants with a grad-
uate degree doubled from 2015, and the number of respondents who have earned
at least one professional certification increased by nearly 10 percent from the
previous year. While raises and bonuses were down, the prospects for 2017 remain
high with more individuals expecting their salary to increase and their company to
add lubrication-related jobs in the coming year. We would like to thank everyone
who took the time to complete the annual survey.
HOW DOES YOUR
SALARY
MEASURE UP?
18
|
September - October 2016
|
www.machinerylubrication.com
2016 SAL ARY SURVE Y
More than $150,000:
$125,000 to $150,000:
$100,000 to $124,000:
$80,000 to $99,000:
$60,000 to $79,000:
$40,000 to $59,000:
Less than $40,000:
What is your current annual salary?
2%
7%
14%
25%
27%
20%
5%
Average Salary by Year
2016: $80,688
2015: $78,112
2014: $79,000
2013: $82,000
2012: $82,000
The highest reported salary was $230,000, while the lowest was $23,000.
Have you received a raise in the past year?
Yes
68%
No
32%
The number of respon-
dents who received a
raise in the past year
dropped to the lowest
level in six years.