Fifty-eight percent of Kentucky manufacturers surveyed for the recently conducted 2011 Annual Manufacturing Wage and Benefits Survey said they are planning to hire between one and 19 employees in 2012, up one percent from last year’s results. The annual report, sponsored by the Kentucky Education and Workforce Development Cabinet’s Department of Workforce Investment and the Kentucky Association of Manufacturers (KAM), was released Oct. 31.
The survey showed that the positions of manufacturing employees included in the survey made an annualized average of $48,609 in 2011 and that 98 percent of the companies that participated in the survey offer health insurance to their employees, while 89 percent of those cover family members as well. Questions about benefits showed that 68 percent of the companies provide nine or more paid holidays per year and 51 percent provide an annual bonus.
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