The 2011 Workforce Study is produced by Aviation Week in collaboration with the industry's top associations, including the Aerospace Industries Association (AIA), American Institute of Aeronautics and Astronautics (AIAA), National Aeronautical and Space Administration (NASA), and National Defense Industries Association (NDIA), and provides a single source of reliable data that analyzes current A&D workforce issues, trends and opportunities. A new section this year, "10 Hot Jobs," profiles the highest in-demand jobs, such as senior systems engineer, intelligence analyst, and cyber security operations manager, which will require new skills as new technologies, threats and capabilities emerge.
Other key highlights include:
- Retirement rates and voluntary attrition rates among young professionals have declined. At the industry's largest companies, 22% of workers are 35 or younger, nearly matching the 23% who are 56 or older.
- Companies have closed the age gap, but the gender gap remains. Only 25% of the overall A&D workforce is made up of women, a figure that hasn't budged in a decade.
- Industry leaders are continuing to invest in research and development (R&D), especially in technology areas such as unmanned vehicles, cyber security and biotechnology. Companies have also raised salaries by 3.2% (versus the national average of 2.25% and 1.7% in the information technology sector) and are providing learning policies and opportunities better aligned with the jobs of tomorrow.
- In this year's study, employees also ranked the best places to work. For technological challenges, AGI (Analytical Graphics, Inc.) rose to the top. For learning opportunities and career development, Goodrich is the favorite. In terms of respect for the individual, A&D professionals put Boeing in the number-one spot.
- Young professionals are looking to their corporate leaders, not Congress, to sustain R&D investment and future jobs. 56% of young professionals would recommend the industry to others.