Machinery Lubrication

ML_Sept_Oct_2017_DigitalEditon

Machinery Lubrication magazine published by Noria Corporation

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www.machinerylubrication.com | September - October 2017 | 15 ML WHAT IS YOUR AGE? AGE AND AVERAGE SALARY HOW MANY YEARS HAVE YOU WORKED FOR YOUR CURRENT EMPLOYER? DID YOU RECEIVE A BONUS IN THE PAST YEAR? YES 56% NO 44% The youngest survey participant was 20, and the oldest was 81. The average age dropped two years from 2016 to 48. The number of workers who have been with their current employer for less than 5 years increased by 10 percent over the past year. TENURE AND AVERAGE SALARY <5 YEARS $74,511 5-10 YEARS $85,799 11-20 YEARS $78,428 20+ YEARS $87,739 HOW DOES YOUR SALARY THIS YEAR COMPARE TO LAST YEAR? WHAT IS THE HIGHEST LEVEL OF SCHOOL YOU HAVE COMPLETED OR THE HIGHEST DEGREE YOU HAVE RECEIVED? BACHELOR'S DEGREE COLLEGE/NO DEGREE HIGH-SCHOOL DIPLOMA ASSOCIATE DEGREE GRADUATE DEGREE 28 % 28 % 17 % 19 % 8 % The longest tenure reported was 42 years. <5 YEARS 36 % 5-10 YEARS 22 % 11-20 YEARS 21 % 20+ YEARS 21 % 20-29 30-39 40-49 50-59 60+ 9 % 16 % 23 % 37 % 15 % The average salary for men was $80,651, while the women's average salary was $71,063. 96 % 4 % ARE YOU MALE OR FEMALE? 20-29 30-39 40-49 50-59 60+ $68,742 $66,453 $80,463 $87,041 $87,842 6-10% 2 % 1-5% 2 % SAME 20 % 10% 2 % 6-10% 5 % 1-5% 69 %

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