Mould, tool and die wage and business survey is first national initiative of new federation
Windsor, ON -- The newly formed Canadian Machine, Tool Die and Mould Federation is amalgamating the best of the inf...
Windsor, ON — The newly formed Canadian Machine, Tool Die and Mould Federation is amalgamating the best of the information from the annual labour and management rates and benefits surveys formerly produced on an individual basis by the Canadian Tooling & Machining Association (CTMA), Canadian Association of Mold Makers (CAMM) and the Mould Makers Council of the Canadian Plastics Industry Association (CPIA).
This is one of the first joint programs conducted by the Federation and is an example of how it is working to reduce duplication in the MTDM sector and provide it with important information, says Charmian Entine, director of the CPIA’s Mould Makers Council.
The data in this survey will only be available to the members of the federation’s constituent organizations.
The 2003 survey of industry wages and business conditions will go out to the federation’s association members in early fall, with a deadline to have the information back in the hands of participants by early winter in time for year-end management reviews.
The survey will cover vacation and benefit statistics, hourly wage rates for over 90 positions and salaries for over 20 positions. Its business and financial survey section contains, 14 survey items including: shop rates, accounts receivable data, sales per employee, investments and liquidity. The survey will reflect regional breakdowns to provide meaningful data to participants nationwide.
Association members find that the survey’s information adds value and benefit to their membership. Information such as this allows companies to better manage their businesses, understand today’s labour rates in order to retain existing employees, and attract new workers by offering competitive salaries in a high-demand, low-supply labour market.
The constituent associations in the federation represent the majority of Canada’s $3.4 billion manufacturing output by this sector. The sector employs more than 27,000 people and exports over $1.9 billion worldwide.
For more information contact: CTMA at 519-653-7265 or firstname.lastname@example.org, CAMM at 1-800-567-2266 or email@example.com, or the Mould Makers Council of the CPIA at 905-678-7405, ext. 274, firstname.lastname@example.org.