The American Foundry Society has released a pair of reports detailing standard compensation practices in North American metalcasting plants. The reports can be used by foundries to attract and retain employees and negotiate union contracts.
The 2018 Professional and Technical Salaried Report covers 15 management jobs, and the 2018 AFS Foundry Hourly Wage and Benefits Report includes 27 hourly jobs. They have information on wages, salaries, and benefits, including vacation time, insurance, raises/bonuses, retirement plans, and shift premiums.
The data, collected in 2018 from metalcasting plants across North America, was compiled by Profit Planning Group, an independent third-party organization.
Both reports are available to download, as a set or individually, here. The reports are free to companies that participated in the surveys and can be purchased by non-participating companies at checkout.
The American Foundry Society is a dynamic technical and advocacy organization that serves and represents the $33 billion metalcasting industry. AFS is the only association serving the entire industry, including all metals and processes, with a three-part focus on advocacy, education, and innovation. AFS also publishes Modern Casting and Metal Casting Design & Purchasing magazines and presents Metalcasting Congress and CastExpo, the largest metalcasting trade events in North America. Founded in 1896, the organization is based in Schaumburg, Illinois, with an advocacy office in Washington, D.C. More information is available at afsinc.org.