Ed Monser MFG Day 15 Speech - Ranken Technical College
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Transcript of Ed Monser MFG Day 15 Speech - Ranken Technical College
Emerson At-A-Glance2014 Key Facts
1
1980
USA Manufacturing 1980 - 2015
2015
1950M2 1955M2 1960M2 1965M2 1970M2 1975M2 1980M2 1985M2 1990M2 1995M2 2000M2 2005M2 2010M2 2015M2 10
13
15
18
20
USA Manufacturing Employment
11.5M Bottom
-8.0M Jobs
Source: Bureau of Labor Statistics, Bureau of Economic Analysis 2
8%23% 18%% Total
Post WWII
People (M)
2015
Emerging World Labor Prices Are Increasing Much Faster than in Mature Markets
USA vs. China Average Hourly Manufacturing Wage
Since 1980, China’s Labor Rate Grew More than Twice as Fast as the USA. This Trend is Projected to Accelerate Through 2020
Source: Global Insight 3
USD/Hr
1980 1990 2000 2010 2020$0
$5
$10
$15
$20
$25
$0.2 $0.2 $0.5
$2.2
$7.3
USA WageChina Wage
$6.8
$10.5
$14.1
$18.4
$21.4
In 1980, China Wages were 3% of USA Wages
By 2020, China Wages will be 34% of USA Wages
Manufacturing JobsPerception and Reality
4
Emerson Creates Solutions to Allow Facilities to be Monitored and Managed Remotely and More Safely by Workers
Source: “How Your State Economy Rank?”; Process Engineering
Automation is replacing many manual jobs
More jobs are becoming control room based
Percentage of Executives that Indicate CurrentEmployees are Not Sufficient in Key Skills
Technology/ Computer Skills
Basic Technical Training
Math SkillsProblem Solving Skills
70% 67%
60%69%
Source: Manufacturing Institute 5
Ranken Graduation StatisticsDepartment Job Opportunities
Per GraduateClass of 12/12
Placement RateClass of 5/13
Placement RateClass of 5/14
Placement RateAutomotive Collision Repair 7.00 100% 100% 100%Automotive Maintenance 3.29 100% 97% 98%Architecture 7.28 100% 100% 92%Carpentry and Building Technology 10.85 N/A 100% 100%
Control Systems Technology 6.78 100% 92% 92%Electrical Automation Technology 6.95 100% 94% 100%
Electrical Systems Design Technology 5.39 N/A 100% 100%
Fabrication and Welding Technology 5.05 100% 86% 94%
HVACR 5.30 100% 100% 93%Industrial Technology 5.83 100% 94% 100%Information Technology 3.54 90% 96% 92%Internet and Web-Based Technology 6.36 88% 86% 100%
Plumbing 5.45 N/A 100% 73%Precision Machining/ Advanced Manufacturing 4.93 100% 100% 100%
Overall 5.15 97% 97% 96%
6Source: Ranken
Ranken Micro-enterpriseEmerson Climate Technologies Testing
7
Ranken SalariesMajor High
starting salaryAveragestarting salary
Average salary with3-4 years experience
Automotive Collision Repair Technology $37,000 $30,000 $45,000-$55,000
Automotive Maintenance Technology $44,000 $31,000 $45,000-$55,000
Carpentry & Building Construction Technology $40,000 $31,000 $40,000-50,000
Control Systems Technology $60,000 $49,000 $45,000-$50,000
Electrical Automation Technology $52,000 $36,000 $40,000-$50,000
Electrical Systems Design Technology $47,000 $40,000 $55,000-$80,000
HVACR $40,000 $31,000 $45,000-$55,000High Performance Racing Technology $35,000 $30,000 N/A
Industrial Technology $48,000 $39,000 $55,000-$60,000Information Technology $49,000 $39,500 $40,000-$55,000Internet and Web Based Technology $50,000 $38,000 $45,000-$55,000
Plumbing Technology $47,000 $34,000 $45,000-$50,000Precision Machining Technology $53,000 $40,000 $45,000-$50,000
Welding $46,000 $34,000 $30,000-$48,000
8Source: Manufacturing Institute