Gros Executive Recruiters, Inc.
1616 Westgate Circle
Brentwood (Nashville), TN 37027
Ph: (800) 283-5643;
(615) 661-4568
Fx: (615) 370-8512

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Contact: Tracy Hartman/Aloft Group, Inc.
978.462.0002 Ext. 103
thartman@aloftgroup.com

FOR IMMEDIATE RELEASE
December 9, 2004

FIRST-EVER PLASTICS AND PACKAGING INDUSTRY ONLINE SALARY CALCULATOR
UNVEILED BY GROS EXECUTIVE RECRUITERS

Brentwood, TN – Gros Executive Recruiters (UIR:WHF0067), an executive recruiting firm that specializes in the plastics and packaging industry, today unveiled an online salary calculator especially designed for the plastics and packaging industry. Gros Executive Recruiters conducted their inaugural Salary Survey to obtain comprehensive trend information surrounding compensation, benefits, and job security and satisfaction for the plastics and packaging industry. Gros Executive Recruiters plans to repeat the survey on an annual basis.

Salary results for a specific job title can by obtained by visiting the Gros Executive Recruiters Salary Calculator on their website: www.PlasticsJobs.com.

"After several years working with plastics and packaging professionals, I felt it was important to create a tool that helps managers in the plastics and packaging industry to identity trends about salaries, bonus compensation, healthcare coverage, job security, and job satisfaction," said Dennis Gros, president of Gros Plastics Recruiters. "This survey is the first of many that will help these managers to reliably benchmark their salary and benefit information needs on an ongoing basis."

SURVEY HIGHLIGHTS

Bonuses

  • 28% of respondents did not expect to receive a bonus in 2004; 24% did not anticipate a bonus in 2005
  • 21% of people who will not receive a bonus in 2004 expect to receive a bonus in 05

Healthcare Coverage

  • 28% of respondents stated that the percentage of their healthcare covered by their employers decreased in 2004 as compared to 2003

Job Security

  • 10% of respondents stated that they were not confident that their job would exist in 12 months

Job Satisfaction

  • 59% stated that they were mostly or extremely happy with their job
  • 34% of all respondents stated that they would likely be looking for a job next year and 12% responded that they are actively seeking a new job now

Workweeks

  • 63% of respondents work 46+ hours
  • 10% of respondents work 40 hours or less

Sample Salary Finding

  • The average CEO salary is $158,969
  • The average Process Engineer salary is $59,993
  • The average Mold Designer makes $49,533

About Gros Executive Recruiters

Gros Executive Recruiters is an executive recruiting firm serving companies and individuals in the plastics industry. The firm holds memberships in the Society of the Plastics Industry, and the National Association of Personnel Services. Staff members of Gros Plastics Recruiters hold memberships in the American Society for Quality, the Institute of Packaging Professionals, and the Society of Plastics Engineers. For more information, please visit www.PlasticsJobs.com.

Members of the media: please visit the Gros Plastics Recruiters Salary Survey online pressroom: www.PlasticsJobs.com/pressroom where you can find a copy of the survey, and other background information.

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