Almost everyone responding to the Manufacturers Association for Plastic Processors 2015 wage and salary report expects their company will be hiring in the next 12 months.
The just-released annual MAPP benchmark report shows an increasing optimism among respondents, as 93 percent said that they expect to add new hires in the next year. Only 2 percent said that they did not. The other 5 percent said maybe.
“That's the highest it has ever been. I went back to 2009 when it was 63 percent yes and 16 percent no,” said Troy Nix, MAPP's executive director.
“For me, there are a number of factors putting pressure on the industry. Obviously, people are doing pretty good and looking for employees and to expand their business,” he said.
Nix also noted, “Slowly but surely the baby boomers are moving out of the workforce, so there is a pressure to hire replacements.”
The report was completed by more than 200 participants in 33 states and participation in the survey has grown 25 percent in the last two years. The report is devoted to the polymer manufacturing and consists of an analysis of more than 50 job classifications. The companies that responded have more than 23,500 hourly and salaried employees.