Drivers
- The Illinois Manufacturing Excellence Center (IMEC) began conducting a survey in May 2020, asking manufacturers about their top needs during the pandemic. After collecting nearly 2,500 responses from Illinois manufacturers, the highest priority needs of manufacturing leaders include:
- Growth - recapturing lost sales and creating new growth opportunities.
- Workforce - find, train and retain skilled employees.
- Productivity - maximize capacity, increase outputs and focus on efficiencies in processes.
- Leadership – lead the organization toward high performance.
- Safety – improve safety and sanitation in operations.
- The manufacturing industry is seeing strong demand for products and services; specifically, those that are tied to infrastructure.
- Automation will be an important strategy to remedy some of the workforce challenges being experienced by manufacturing companies. Industry 4.0 refers to a new phase in the Industrial Revolution that focuses heavily on interconnectivity, automation, machine learning and real-time data. Workgroups around Illinois and Iowa are collaborating and planning local outreach efforts.
Drawbacks
- Businesses continue to experience supply chain challenges, shipping/receiving delays, delays in the delivery of materials, and increased pricing of raw materials.
- Workforce continues to be a top priority for businesses. Some companies have experienced increased demand for their products and services, but their production capacity is limited with fewer employees.
- Recommendations and mandates for vaccination and masking are impacting businesses. Policies and enforcement of such are changing by the day. With a heightened risk of potential transmission among unvaccinated and unmasked employees; businesses should be prepared to manage potential quarantining of exposed individuals. Continued flexibility will be necessary for workers with children.
Average Hourly Wages | ||
---|---|---|
Occupation | USA | Quad Cities MSA |
General and Operations Managers | $60.45 | $47.29 |
Purchasing Managers | $63.78 | $55.68 |
First-Line Supervisors of Non-Retail Sales Workers | $43.33 | $35.84 |
Welders, Cutters, Solderers, and Brazers | $22.45 | $20.37 |