Wage and Business Survey

Profitable?   Competitive?   Benchmark your company against the industry …

The CTMA’s Annual Wage and Business Survey collects information on wages, benefits, business statistics and benchmarking information for the machine, tool, die & mould industry.  It is acknowledged as a valuable instrument within our industry and the majority of CTMA & CPMA members participate annually.

Highlights from the 2011 Wage and Business Survey

  • 65% of responding member companies purchase equipment/services or source work, equipment/services or contract work from other member companies
  • 59 companies participated in the survey covering 5,349 employees
  • 96% of responding member companies are non-union shops
  • 70% of member responding companies provide drug and dental plans for their employees
  • Detailed Wage Rates for 106 tradespeople (tool, die, mould, machinists, machine tool builders, electricians), machine operators, apprentices, management and office staff
  • Shop charge-out rates
  • Operating costs and profit levels
  • Financial benchmarking statistics
  • Sales per employee / year
  • Many more areas of interest

The 2011 Survey is now CLOSED.  Check back with us in October 2012 to participate in the next edition.

Results are made available mid-December to participating member companies at no charge.  It is not available for sale or otherwise to non-participating members or non-members.

If you have any questions about the Annual Wage & Business Survey, please contact our office at info@ctma.com or 519-653-7265.