(MENAFNEditorial)
Manufacturing is a critically important part of the US economy. Despite fluctuations over the years the value of the sector cannot be ignored. Sadly manufacturing executives are admittedly poor communicators and hurt the sector’s growth employee engagement and employee retention.
Workers in manufacturing made 10.9% or $1.78 more than similar workers elsewhere in the economy in according to a new report issued by the Economic Policy Institute (EPI). The wage premium amounts to more than $3700 annually. The sector employed 12 million workers in 2013 or about 8.8% of total U.S. employment including a higher overall share of workers without a college degree. In addition to the 12 million people employed in U.S manufacturing the sector supports some 17.1 million indirect jobs for a total of 29.1 million jobs directly and indirectly supported – more than one fifth (21.3%) of total U.S. employment. “This report makes clear just how crucial the manufacturing sector is to the nation’s economy” said Scott Paul president of the Alliance for American Manufacturing (AAM). Manufacturing industries generated $2.1 trillion in GDP (12.5% of total U.S. gross domestic product). U.S. manufacturing had gross output of $5.9 trillion more than one-third (35.4%) of U.S. GDP. The report found that manufacturing plays a particularly important role in supporting jobs in a group of states in the upper Midwest and South. The top five states ranked by manufacturing’s share of total state employment in 2013 were Indiana Wisconsin Iowa Michigan and Alabama. Complete data for employment in each state are available in the EPI Manufacturing Employment Map.
PDP Solutions is taking the lead as the third party communicator for manufacturing organization
To learn more about manufacturing leaders: http://pdpsolutions.com/content/manufacturing-executives-1-fear-communication-plant-floor-workers
Manufacturers’ Pain Points a weekly e-newsletter sponsored by PDP (People Driven Performance) Solutions brings important and interesting information to those in the manufacturing arena and employee relations. From best practices to industry data this weekly communique reports trend data process improvement and Pain Points as it relates to the manufacturing sector.
About People Driven Performance
People Driven Performance (www.pdpsolutions.com) impacts improved internal communications via interactive design delivers an employee-centric engagement system driving improved employee retention best-practice lean productivity and increased bottom-line profitability.
Unlike desktop solutions promising better engagement the PDP solution is uniquely suited to on-the-move plant floor production employees ensuring a simple and straightforward way to access key company metrics and other information. The result is full participation and understanding of the functions status and standing of the company. Employee communication ensures a personal responsibility for well-being of management and colleagues with whom they work each day. Follow PDP Solutions on Twitter @ownyourculture.
PDP Solutions
www.pdpsolutions.com
Louise Dickmeyer
President
PR@pdpsolutions.com
507-382-7756
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