Plastic Mold Industry
What inpact to China's mold industry from the probable falling wages on the plastic industry of USA? Nov 30, 2018
The American association of plastic engineers (SPE) and Gros Executive Recruiters, both senior Recruiters for the industry, have just released the results of a one-year pay survey for U.S. plastics employees.Average annual income fell to $113,588 from $119,576 in 2014. Of that, base wages fell two percent to $102,635 from $104,722 in 2014.

   This year's survey involved 1,291 people. Dennis Gros, the head of the Executive Recruiters for Gros, believes that just as statistical errors are just as important, so are the psychological expectations of investigators that are triggered by the general economic environment.Russell Broome, President of the SPE, pointed to the survey's findings as a possible result of the industry's high earners retiring at a peak.Recent retirees tend to earn significantly more than younger workers.

   Another factor is Obamacare, where big increases in spending have added to the burden on companies and may force them to cut wages

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