Category: News

2019 PLASTICS SALARY SURVEY RESULTS ARE IN

FLORENCE, MASSACHUSETTS, April 29, 2019 – Compensation of professionals in the plastics industry posted another healthy gain last year, according to the 2019 Plastics Salary Survey conducted jointly by SPE-Inspiring Plastics Professionals and MBS Advisors. This year’s participants reported their base salaries at an average of $106,354 and their total compensation (including performance incentives) as $134,229. Those numbers are greater than 5% and 12% respectively from the previous year’s survey result. A total of 1,439 plastics industry participants contributed their... more

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In the money

Last year, we predicted workers in 2018 would see compensation increases. Did it happen? YES! The initial results are in, and our salary survey shows that most of you earned more money in 2018 than in the previous year. We will have additional information for you soon. The 2019 Plastics Salary and Trends Survey is co-produced by MBS Advisors and SPE-Inspiring Plastics Professionals.

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Year of the Raise…or Not?

Last year, we predicted workers in 2018 would see compensation increases. Did it happen? You won’t know unless you participate! Click the link below to participate in the 2019 Plastics Salary and Trends Survey. Take the Survey Co-produced by MBS Advisors and SPE-Inspiring Plastics Professionals.

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Save Our Seas Act of 2018

The newly passed Save Our Seas Act of 2018 reauthorizes the National Oceanic and Atmospheric Administration’s Marine Debris Program and calls for the U.S. government’s help in supporting international waste management solutions to reduce marine debris. According to the Plastics Industry Association, “the bill will help reduce the amount of waste in the ocean and promote recycling in developing nations.” “While marine debris is a huge problem, it’s also a solvable one,” said Cal Dooley, President and CEO of the American Chemistry... more

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MBS Advises TomKen in Recent Acquisition

Muncie, IN – October 2018 – TomKen Plastic Technologies, Inc. of Muncie, IN has been acquired by Canadian manufacturer QMI Group of Lakeshore, Ontario. TomKen President Bruce Carmichael was upbeat about the deal and had this to say: “I’m excited for the company to have a good future. QMI wants to stay [in Muncie] and grow here.” QMI COO Boris Garvic said that he “felt the team at TomKen was very strong.” He also said there was zero overlap between the two... more

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I’m sooo…FRUSTRATED!

Amazon’s new program to alleviate stubborn packaging is structured like this: We’ll pay you now to institute FRUSTRATION-FREE PACKAGING. If you don’t comply, we’ll eventually charge you for each cuss word uttered by our customer. (Our interpretation). The program is complete with its own acronym, FFP. Courtesy of Packaging Digest, read how Amazon plans to rock the packaging world. https://www.packagingdigest.com/sustainable-packaging/amazon-incentivizes-brands-to-create-frustration-free-packaging-2018-09-18/  

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IoPP Salary Survey Launches in New E-Book Format

Flip through the only salary survey dedicated exclusively to the packaging professional as a sleek new digital e-book. “The most significant aspect of this year’s survey is not contained in the statistical detail. It is in the sheer number of responses,” MBS Advisors Recruiting President, Dennis Gros, says in Packaging World. See how your salary compares to more than 1,000 packaging professionals in every industry from medical device packaging to plumbing. Elite and Premium members can read the Salary Survey Report... more

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It’s Math…and Demographics

There are more jobs than qualified, interested job seekers. We have the statistics, and we’re not surprised. In very practical terms, here’s how the ratios play out for employers and job seekers in plastics and packaging: Employers are energetically attempting to hire for expansion. The job titles in highest demand today are sales, production management, and maintenance. Simultaneously, employers are coddling their most valuable employees. Not as many people are responding to ads, compared to one year ago. Salaries have... more

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