MAPP’s 2016 Plastics Industry Wage and Salary Survey
MAPP’s annual Wage and Salary Survey was released in early July. This survey has become one of the most widely recognized benchmarking practices on compensation in the US plastics industry. This year’s survey and subsequent report include new job titles and operational questions based on responses from previous years, as well as details on the new wage legislation’s impact on compensation for plastics processors.
Distributed to plastics executives across the nation, hundreds of respondents provide wage and salary information on more than 55 job titles in the plastics industry. The data include benchmarks on starting and average wages, wage ranges, average tenure and salary trends for every job title, as well as statistical analysis of specific job titles. The final report will be available on the MAPP website in late August.
2016 EHS Summit: Prevention, Not Reaction – Nov. 2-3
To truly achieve a world-class level of safety in an operation, companies must establish a culture of safety – one that revolves around employee training, accountability and adapting to safety trends – with a focus on prevention, not reaction. It is this level of commitment to safety that will allow a company to grow, not only in building and employee protection, but in all regions of business. With new federal laws and regulations, and rising OSHA fines, adapting a business to stay in compliance should be a top priority. This year’s Environmental, Health and Safety (EHS) Summit will provide a framework for leaders to build their company’s safety profile.
This learning and networking conference will focus on uniting manufacturing executives from across the United States. The summit promises to provide high-level safety professionals with implementable ideas they can take back to their facilities to improve operations and achieve world-class safety.
Registration now is open at www.mappinc.com/event-calendar.
MAPP Welcomes New Members
- Carolina Technical Plastics, New Bern, North Carolina
- Fresnel Tech, Fort Worth, Texas
The Power of Terms and Conditions
Earlier this summer, MAPP conducted a survey focused on terms and conditions in the plastics industry. The subsequent report revealed important information and industry-specific trends that plastics processors may be able to use as leverage when negotiating terms and conditions. The 2016 Terms and Conditions report analyzes information from processors on important factors in terms and conditions such as mandated price downs, freight terms, use of legal counsel, payment terms, progressive payment policies, and tool and design property.
The report details overall plastics industry trends, as well as trends based on customer size and industry served. With a special foreword from MAPPs legal counsel, this report encourages processors to take a deeper look into their own terms and conditions, who negotiates these and where plastics companies may be able to save themselves time, money or risk.
The report now is available for purchase on the MAPP website at www.mappinc.com/plastics-information.
MAPP’s 2016 Innovation Award
Thank you to all members who submitted entries for this year’s Innovation Award. In celebration of the innovation efforts within the MAPP membership, MAPP launched its second annual Innovation Award competition. This year’s competition was focused on innovative water manifold setups. The effective setup of water manifolds benefits mold changes and helps to mistake-proof mold installation – reducing waste and cost.
The winner of this year’s Innovation Award will be chosen by MAPP members’ voting and will be recognized at this year’s Benchmarking and Best Practices Conference, held Oct. 13-14, 2016. A booklet including information about the top eight finalists will be available to MAPP members on the MAPP website or by emailing [email protected].
Two New Cost-Reduction Programs Introduced
MAPP’s staff and board of directors continues to build strategic partnerships with key industry service providers. Two new sponsors are offering cost-reduction programs specifically to MAPP members to offer an additional return on investment: Engineering Resource Center and Plastic Molding Advisors.
The Engineering Resource Center (ERC) is a comprehensive service provider that takes concepts from new product development and design through final production. The Engineering Resource Center provides expertise, prototype development and plastic injection molding solutions for a range of markets. The ERC works to be a one-stop service provider, allowing plastics professionals to get their products to the market faster. The ERC offers MAPP members one of the following: free mold flow analysis, 10 percent off a prototype or 10 hours of virtual engineering.
Plastic Molding Advisors (PMA) offers financial and operational guidance to investors and customer injection molding companies that want to improve their bottom lines. PMA is now offering MAPP members a 50 percent discount on the initial day of consulting services. If the member company engages PMA for further consulting services, the cost of the initial day of consulting services will be free.
A full list of more than 40 cost-reduction programs offered by MAPP can be accessed by members at www.mappinc.com/cost-reduction-programs.
