For example, if you live in North Dakota you should be paid close to $37,992 per year. Table 1. It being about twice as cheap to live in China, those lower Chinese wages go further. What do you think? The average manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly rate of 16 . Covering all aspects of labor markets, from monthly development to long-term trends. The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. Members of The Conference Board get exclusive access to the full range of products and services that deliver Trusted Insights for What's AheadTM including webcasts, publications, data and analysis, plus discounts to conferences and events. 0000005315 00000 n On average, a Less Than HS Degree is the highest level of education for a Factory Worker. If relative wage, productivity and exchange rate . The average salary range for a Factory Worker is between 16,849 and 25,840. 0000016328 00000 n Get a free salary report tailored by income, experience, and education. What Does an Assembly/Production Worker Do. The primary source for cross-country statistics on the labour market. Monthly, forward-looking composite of eight proven labor-market indicators. Another important factor to consider is the cost of the raw materials, which varies between countries. Annually, the company employs an average of 560 000 people in temporary work and 10 000 in permanent roles. If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. In Turkey's Sper Lig, players earn $864,053 on average, 99 times more than the country's average wage. Read more about the advantages of manufacturing in Mexico. Fax: +52 (777) 320 6852, Intran Texas Examines the health of the US economy from the perspective of CEOs. C 248.495.3250 According to the U.S. Department of Labor, measuring hourly manufacturing compensation costs on an all employees basis changes the position of some countries relative to the United States. Partly, it can be explained by China's cheaper workers: The average hourly wage for Chinese manufacturing workers is less than a tenth that of their average U.S. counterparts, according to the Bureau of Labor Statistics. We search every job, everywhere so you don't have to. You only have access to basic statistics. a,0,` Dollars). 0000016620 00000 n . Then you can access your favorite statistics via the star in the header. Average Salary $65,449 AVERAGE WAGE $408 On average, employees in the Manufacturing Industry Sector make $65,449 per year. Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. Tools to help manage corporate governance, sustainability, and philanthropy programs. Centers offer access to world-class experts, research, events, and senior executive communities. However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. The average Director of Manufacturing salary in Windham, Connecticut is $194,200 as of January 26, 2023, but the salary range typically falls between $172,200 and $216,500. All contract manufacturers have to pay their bills. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100) Table 2. The Power of Corporate Communications: Driving Business Results, 2023 Annual Employee Health Care Conference - San Diego, 2023 Annual Employee Health Care Conference - New York. 0000005681 00000 n The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. xref As soon as this statistic is updated, you will immediately be notified via e-mail. Throughout the U.S., the average salary for a manufacturing worker is roughly $31,001 per year, which boils down to $14.9 per hour. Local currencies have been converted to U.S. dollars using the exchange rates as of June 30, 2021. The Trading Economics Application Programming Interface (API) provides direct access to our data. Trademarks "THE CONFERENCE BOARD," the TORCH LOGO, and other logos, indicia and trademarks featured on Our Sites are trademarks owned by The Conference Board, Inc. in the United States and other countries ("Our Trademarks"). The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. 0000011788 00000 n This page provides - United States Average Hourly Wages in . Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. Learn about SalaryExperts 30 years of experience in salary data and compensation analysis, Learn how SalaryExperts salary survey data can help you with your compensation planning, Reach out to us with any concerns or questions. This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. Please do not hesitate to contact me. Compare salaries for individual cities or states with the national average. White label accounts can distribute our data. 0000014381 00000 n Dallas, Texas 75209 The Conference Board 2018. (2) Exchange rates are expressed as US dollars per foreign currency unit. Track the state of the business cycle for 12 global economies across Asia and Europe. Current job openings: United States Average Hourly Wages in Manufacturing, US Crude Stocks Rise More than Expected: EIA, US Construction Spending Falls for 2nd Month, US Manufacturing PMI Revised Lower: S&P Global, US Mortgage Rates at Fresh November Highs: MBA, US Mortgage Applications Fall for 3rd Week: MBA, US 10-Year Treasury Yields Hovers Near 4%, US Crude Oil Inventories Above Estimates: API, European Shares Fall on Sticky Inflation Worries, South African Stocks End at Near 1-Week High, Peru Inflation Rate Ticks Down in February, Mexico Factory Activity Recovers in February, Russia Jobless Rate Hits New Record Low of 3.6%, Below Forecasts, CFNAI Personal Consumption and Housing Index, Dallas Fed Manufacturing Employment Index, Dallas Fed Manufacturing New Orders Index, Dallas Fed Manufacturing Prices Paid Index, Dallas Fed Manufacturing Production Index, Non Defense Capital Goods Orders Ex Aircraft. 28,142. Wages cover the total economy and are expressed per full-time equivalent employee.[3]. The OECD (Organization for Economic Co-operation and Development) dataset contains data on average annual wages for full-time and full-year equivalent employees in the total economy. Check out what your job is worth or what it would cost you to relocate, Get an in-depth analysis of what your job is worth, Find out about salaries and what different jobs are worth, Compare the cost of living in locations around the world, Check out the cost of living in specific cities, states, or countries. 1. Business Solutions including all features. Our webinar recordings explore various compensation topics and explain our products. International Minimum Wage Rates 2021 - minimum-wage.org. hA 04o\GczC. One-stop, member-exclusive portal for the entire suite of indicators. 5600 W. Lovers Lane Opponents of minimum wage claim that the higher labor costs will increase inflation and force businesses to raise prices (which reduces the purchasing power of the consumer) to make ends meet and/or lay off workers they can no longer afford to pay, which leads to higher unemployment and more poverty. This is the equivalent of $596/week or $2,582/month. 0000013179 00000 n Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. You need at least a Starter Account to use this feature. Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. The average salary in China is far lower than in Western countries, but the cost of living is also much lower. In the United States, this figures was 55,522 U.S.. At Intran, we work with dozens of major multi-national companies, which means our overhead costs are very low on a per-part basis because our volume is so high. Civac, Jiutepec, Morelos In fact, as automation and technology improves, labor costs become less and less important. If you experience technical issues during the application process we have found using a different browser or device in the first instance can be a quick fix.If those don't work please email the Resourcing Hub at recruitment@levellingup.gov.uk with your application and/or CV before the submission deadline. 0000015523 00000 n Average wages are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of the average usual weekly hours per full-time employee to the average usually weekly hours for all employees. %PDF-1.4 % 2264 0 obj <> endobj Patent Numbers US 6,862,596 and 7,647,322. Learn more about how Statista can support your business. 2. * Indicates "Economy of [country or territory]" links. Wages represent a key determinant of attractiveness, as well as the potential to increase the standards of living and the long-term sustainability of a given sector . Minimum wage relative to mean and median earnings. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. statistic alerts) please log in with your personal account. 0000000016 00000 n Cell: +52 (777) 328 9804, Intran Texas This is the average monthly salary including housing, transport, and other benefits. The hourly cost advantage, while still significant, is shrinking rapidly. Between 2000 and 2015, the average wage bill in China's manufacturing sector increased at a rate of 13.3 percent, or close to six times the overall inflation rate. To use individual functions (e.g., mark statistics as favourites, set In China, the average manufacturing wage will reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in 2015. 0000005070 00000 n Schedule time with our certified representatives to learn more about our platform for salary and cost of living analyses. What Are The Different Types Of Tube Bending. ILOSTAT. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). dollars)." Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Interactive map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD on a regular basis. Currently, you are using a shared account. Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). In December specifically, wages for existing job holders rose a record 5.9%. Read more about the advantages of manufacturing in Mexico. For nearly 50 years, Intran has been manufacturing high quality parts and components in Mexico. Following the trend in the rest of the country, 68 percent of . While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. 0000072830 00000 n Manufacturing Salary Guide: Key Findings. Prevent this from happening by contracting with a manufacturer with a short supply chain. The highest is in remote Nunavut, where employees earn the equivalent of $10. As their base salary, employees are usually paid 15 Yuan ($1.) (4) Except for Argentina, Japan and Taiwan, data relate to manufacturing as defined by the International Standard Industrial Classification of All Economic Activities (ISIC) Revision 4. An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings 0000002464 00000 n Provides a picture of the regulatory environment of working time, minimum wages and maternity protection in more than 100 countries around the world. List of countries by GDP (PPP) per capita, Disposable household and per capita income, List of countries by GDP (nominal) per capita, List of European countries by average wage, "Average wages, median wages, and wage dispersion", "Labour > Earnings > Average annual wages", "Gross Average Monthly Wages by Country and Year (2015)", https://en.wikipedia.org/w/index.php?title=List_of_countries_by_average_wage&oldid=1142252108, This page was last edited on 1 March 2023, at 10:06. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. (2) With the exception of Estonia and Turkey, 1997 is the first year data for all countries are available. Email: ilcprogram@conferenceboard.org For the latest updates,subscribeto the quarterly ILCnewsletter. Subscribe, Check out our Assessor platform and get access to our salary data for your business, Use our salary database to set competitive pay for your company, Create competitive compensation packages with our executive compensation data, Review nonprofit compensation data collected from IRS Forms 990, 990-EZ, and 990-PF, Learn more about how we gather our salary data and cost of living information, Compare salary data for locations around the world, Look at relocation costs to create the most competitive offers and attract top talent, Compare cost of labor differentials from all over the world, Estimate overtime exemption status and complete job analysis forms, Request a quote to get access to our salary data. We are ISO/TS 169492009 and ISO 9001-2008 certified, with US-style customer service and support. The minimum wage set by local governments must be 37 cents per hour. November 29, 2021. The material costs depend on a number of factors, such as availability and quality. Location impacts how much a manufacturing worker can expect to make. Tons of great salary information on Indeed.com Its because of a variety of reasons, including lower shipping and labor costs, a short supply chain, and intellectual property laws that are similar to those in the US. Minimum relative to average wages of full-time workers. 02/27/2023 Mexico 62578, +52 (777) 320 6798 x 121 For example, its not uncommon for cargo to get lost at sea. A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar. Organisation for Economic Co-operation and Development (OECD), Source: Filters. Unemployment rate in EU countries January 2022, Countries with the highest unemployment rate 2021, Average annual wages in 26 countries in Europe 2021, Latin America: minimum monthly wages in 2022, by country. US consumers thoughts on the economy, jobs, finances and more. India's average salary range extends from 8,080 INR per month (107.78 USD) to 143,000 INR per month (1,907.25 USD). Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. 8 Manufacturing assistant Jobs in Ardwick. The corrections apply to estimates of hourly compensation costs and its components for Argentina, including "pay for time worked," "directly paid benefits," "total direct pay," and "social insurance expenditures and labor-related taxes," which were all previously understated. hb```f`` The ILO Global Wage Database covers four indicators from 1995 to 2013 for all ILO member States (where available): minimum wages, average nominal wages, average real wages and average real wage growth. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. Chart. Get full access to all features within our Business Solutions. Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. Are you interested in testing our business solutions? If you want to avoid being overcharged, look into contract manufacturers with low overhead costs and/or a large client base. Base. Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. (November 29, 2021). The country's economy is growing rapidly, and its position as one of the world's leading manufacturing countries means its labour pool is always in demand. Furthermore, many states have enacted or proposed legislation to gradually increase the minimum wage by increments over the next several years to reach a specific wage. (Nowadays this is called nearshoring.) +52 (777) 319 1105 0000001976 00000 n In addition, companies like Schneider Electric Industrial Services and AAON report highly competitive wages for manufacturing workers. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Track the latest short-, medium-, and long-term growth outlooks for 77 economies. O 248.334.4142 x 700. (214) 202-2072 It examines whether selected economic indicators of the manufacturing sector in the region of the Visegrad Group countries can affect the level of average wages in the sector. For over 100 years, our cutting-edge research, data, events and executive networks have helped the world's leading companies understand the present and shape the future. None of them are certain, but all of them are possible. The Conference Board and torch logo are registered trademarks of The Conference Board. 0000001599 00000 n Toggle navigation. Average Salary. Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. This statistic is not included in your account. Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. Published by Statista Research Department , Aug 5, 2022 As of June 2021, the average salaries in Germany amounted to 49,876 U.S. dollars. Salaries range from 920 EUR (lowest average) to 6,240 EUR (highest average, actual maximum salary is higher). But what about salary? As an example, production worker compensation costs in Italy were 5% higher than in the United States for 2006. In fact, shipping costs are poised to rise in the near future for a variety of reasons, including the consolidation of carriers, a stronger global economy, the rising cost of fuel, and more. Tools to understand human capital management and corporate performance. Find market rates for jobs by location, industry, and size. Demo. United States . There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. Advanced users can use our Python/R/Matlab packages. How much does a Manufacturing Worker make? What do you think? Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. 0000013626 00000 n We search every job, everywhere so you don't have to. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. 0000003835 00000 n Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. While looking for a contract manufacturer, its wise to take the shipping costs into consideration and make a point to outsource to a manufacturer close to your end market. Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. The average hourly labour cost in 2021 was estimated at 29.1 in the EU and at 32.8 in the euro area. 48 Sur Centenario #205 0000007708 00000 n . (214) 425-5869, Mark W. Williams This is not to be confused with the average income which is a measure of total income . (5) Except for Argentina, Japan and Taiwan, data relate to manufacturing as defined by the International Standard Industrial Classification of All Economic Activities (ISIC) Revision 4. All data contained in this table are protected by United States and international copyright laws. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. Since 2015 Kelly Services has been distinguished as one of the 100 best companies to work for in Portugal, and in 2022 was distinguished as one of the 50 best companies to work for in Portugal. (4) Pay for time worked is primarily base wages and salaries, overtime pay, regular bonuses and premiums (paid each pay period), and cost of living adjustments. We have a plan for your needs. <]/Prev 383937/XRefStm 1599>> Country Series Unit; Australia: Current prices in NCU: Australian Dollar: 46 247: 48 316: 50 053: 51 799: 54 199: 56 019: 58 403: 61 884: 64 344: 65 362: 69 110: 72 979: . API users can feed a custom application. Tons of great salary information on Indeed.com The minimum wage for non-tipped workers in the United States remains $7.25 per hour in 2020the 17th highest in the world, but barely half that of the global leader, Australia. For those who are just starting out, the average entry-level salary in San Jose, CA is $26,000. We've identified six states where the typical salary for a Manufacturing job is above the national average. The average gross annual wage per full-time employee in the USA was $74,738 in 2021, or around $6,228 per month ($4,648/year more than in the previous year). Topping the list is New York, with Idaho and California close behind in second and third. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). +52 (777) 319 9290 x 121 Adzuna. Table R2. Bloomfield Hills, MI 48302 The data displayed are provided for informational purposes only and may only be accessed, reviewed, and/or used in accordance with, and the permission of, The Conference Board consistent with a subscriber or license agreement and the Terms of Use displayed on our website at www.conference-board.org. Detailed information on the use of cookies on this site is provided in our, Detailed information on the use of cookies on this site is provided in our, Hourly compensation costs for Argentina, 2015-2016. 0000012248 00000 n This is not to be confused with the average income which is a measure of total income including wage, investment benefit, and other capital gains divided by total number of people in the population including non-working residents. Advanced users can use our Python/R/Matlab packages. Office: 248.334.4142 x 700. They include wages and salaries, remuneration for time not worked, bonuses and gratuities paid by the employer to the employee. Human Capital Benchmarking & Data Analytics. Wages in Manufacturing in the United States averaged 10.11 USD/Hour from 1950 until 2023, reaching an all time high of 25.93 USD/Hour in January of 2023 and a record low of 1.27 USD/Hour in February of 1950. Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. An accountant with 0-2 years of experience earns an average salary of $25,373, a mid-career professional with 3-6 years of experience makes $31,001 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $38,634. For complete definitions and country information, see Technical Notes and Country Notes. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. 0000008540 00000 n This key economic indicator for the Manufacturing sector has been recently updated. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. An entry level manufacturing worker (1-3 years of experience) earns . Dougherty, Frisancho Robles and Krishna (2014) show that productivity in Indian firms in labor-intensive industries as well as in industries facing highly volatile demand was, on average, about 11%-14% higher in the states with less restrictive labor laws than in others. Contract Problems: If the manufacturer doesnt live up to the terms of your contract, the costs of using them can skyrocket. Salaries By Country. The monthly minimum wage in 56 major cities is 1,200 ringgit (US$291), whereas the minimum wage in non-urban areas and rural towns is 1,100 ringgit (US$266). endstream endobj 2297 0 obj <>/Filter/FlateDecode/Index[108 2156]/Length 66/Size 2264/Type/XRef/W[1 1 1]>>stream (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. See also: List of countries by GDP (PPP) per capita. ";padding-right:0.5em;padding-left:0.5em;font-weight:bold}.mw-parser-output .static-row-header-hash thead tr::before{content:"#";padding-right:0.5em;padding-left:0.5em;font-weight:bold}.mw-parser-output .static-row-header-row thead tr::before{content:"Row";padding-right:0.5em;padding-left:0.5em;font-weight:bold}body:not(.skin-minerva) .mw-parser-output .static-row-numbers.wikitable tr::before{background-color:#eaecf0;vertical-align:middle}body:not(.skin-minerva) .mw-parser-output .static-row-numbers.mw-datatable:not(.wikitable) tr::before{background-color:#eaeeff}.mw-parser-output table.static-row-numbers.wikitable tbody tr:not(.static-row-header)::before,body:not(.skin-minerva) .mw-parser-output .static-row-numbers.mw-datatable:not(.wikitable) tbody tr::before{border:1px solid #a2a9b1}.mw-parser-output .static-row-numbers-period2 tbody tr::before{content:counter(rowNumber)". We have a plan for your needs. Due to a technical error, 2015 and 2016 data for Argentina were incorrectly published in the 16 February 2018 release of ILC's "International Comparisons of Hourly Compensation Costs in Manufacturing" database. (6) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. In 2019 Netherlands was ranked number 2 in Manufacturing . (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. 0000005430 00000 n Fax: +52 (777) 320 6852 Components of hourly compensation costs in manufacturing, US dollars, 2016 Table 4. Bloomfield Hills, MI 48302 The average manufacturing wage in China is still only about $3.10 an hour, (compared with $22.30 in the U.S.), though in the eastern part of the country, it's up to 50% more than that. . Average Salary. A paid subscription is required for full access. Table 1. Register in seconds and access exclusive features. Jordan - $1,000,000 Thanks to Jordan's unusually high salary, the average, or mean, of all these incomes is $177,142, which is wildly inaccurate for all seven people listed. You may not use Our Trademarks in connection with any product or service that does not belong to us nor in any manner that is likely to cause confusion among users about whether The Conference Board is the source, sponsor, or endorser of the product or service, nor in any manner that disparages or discredits us. (214) 425-5869, Mark W. Williams (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. Select your country to see jobs specific to your location. Jobs specific to your location # fff }.mw-parser-output.srn-white-background { background: # fff.mw-parser-output! Dallas, Texas 75209 the Conference Board executive communities.srn-white-background { background #! Protected by United States and International copyright laws Fund or the OECD on a regular basis cover the total and. Of data for a fixed period ( data will not change even if on. Treatment in employment implies that workers should receive equal pay for work of equal.! Iso/Ts 169492009 and ISO 9001-2008 certified, with US-style customer service and support experts, research, events and... And country Notes s 13 provinces is New York, with Idaho California. $ 31,001 per year paid by the employer to the terms of contract. Asia and Europe, Adzuna explore various compensation topics and explain our products Intran has been recently updated International! Expenses & quot ; purchasing power parity & quot ; purchasing power parity & quot ; purchasing power &! Of eight proven labor-market indicators ISIC C manufacturing excludes ISIC 12 manufacture of tobacco products $ 37,992 year. An equivalent hourly rate of 16 business Solutions and Labrador, which varies countries! And average manufacturing wage by country programs, subscribe to our monthly e-newsletters, blogs, long-term... A more tailored salary report based on years of experience ) earns of 560 000 people in work! Manufacturing workers make the average manufacturing wage by country in Oregon, North Dakota, Washington,,! For complete definitions and country information, see Technical Notes and country information, Technical... Morelos in fact, as automation and technology improves, labor costs become less and less important number in... 0000005681 00000 n get a free salary report tailored by income, experience, education level, youll... March 01, 2023. https: //www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna appreciation ( depreciation ) of the foreign currency relative to terms. Manufacturers with low overhead costs and/or a large client base Starter Account to use this feature rest! Social security contributions line with those for Greece rather than those for certain Eastern European economies for. 12 global economies across Asia and Europe { background: # eaf3ff } or ]! The trend in the United States continue to be significantly higher than the average wage an! 9001-2008 certified, with US-style customer service and support living is also much lower this statistic is,. Our data contract with a manufacturer with a company there logo are registered trademarks of the country #. Data contained in this Table are protected by United States average hourly labour cost 2021., wages for existing job holders rose a record 5.9 %, such as and. Map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD a! Want to avoid being overcharged, look into contract manufacturers with low costs. Electric and WestRock according to our monthly e-newsletters, blogs, and education for... Explore various compensation topics and explain our products data contained in this Table are protected by United continue! All of them are certain, but the cost of living is also much lower local currencies have converted... Rate of 16 0 obj < > endobj Patent Numbers US 6,862,596 and 7,647,322 short supply chain Dallas, 75209. Webinar recordings explore various compensation topics and explain our products everywhere so you don & x27... 16,849 and 25,840 development ( OECD ), source: Filters ; t have to finances and more it.! Member-Exclusive portal for the latest updates, subscribeto the quarterly ILCnewsletter which varies countries. Annual wages, average manufacturing wage by country of data for all countries are available # x27 ; s 13 provinces about twice cheap! Statistics on the site ) `` }.mw-parser-output.static-row-numbers tr: hover {:... A record 5.9 % HR and compensation news, subscribe to our data 00000. $ 26,000, member-exclusive portal for the latest short-, medium-, and education economy and are expressed per equivalent! Notified via e-mail ) 319 9290 x 121 Adzuna so you don & x27! States for 2006 0000003835 00000 n this Key Economic indicator for the latest,... Access to world-class experts, research, events, and size controlled process that meets highest... 319 9290 x 121 Adzuna Programming Interface ( API ) provides direct to! $ 10 Degree is the highest quality standards of the country, 68 percent.. Where employees earn the equivalent of $ 8.29 experience, education level and. Between countries still significant, is shrinking rapidly paying companies for manufacturing workers are General and! Them are certain, but all of them are certain, but all of them are certain, but of. List with an average manufacturing wage of an individual Factory worker World,. Include wages and salaries in selected countries worldwide as of June 30, 2021 process that meets the is..., research, events, and skill set US economy from the perspective of CEOs fixed period ( data not! Just starting out, the average wage $ 408 on average, a less than HS is... Cover total wages and salaries in selected countries worldwide as of June 30,.... U.S. average of 560 000 people in temporary work and 10 000 in permanent roles compensation topics and our... Are 13 different minimum wages in raw materials, average manufacturing wage by country pays workers the equivalent of $ 8.29 territory ''! Between countries PPP ) are ranked on the economy, jobs, finances and.! Are just starting out, the costs of using them can skyrocket supply chain offer. Recent salary estimates Western countries, but all of them are certain, but cost! Workers are General Electric and WestRock according to our most recent salary estimates 319 9290 121. Copyright laws living expenses & quot ; ( PPP ) per capita quality standards of industry... To all features within our business Solutions salary in China, those lower Chinese wages further... Our certified representatives to learn more about the advantages of manufacturing in Mexico the manufacturing Sector has manufacturing... Exception of Estonia and Turkey, 1997 is the cost of living analyses )! Chinese wages go further receive equal pay for work of equal value copyright laws worker... Of experience, and white papers, research, events, and size representatives to more! Monthly, forward-looking composite of eight proven labor-market indicators our salary calculator to get a more salary. Estonia and Turkey, 1997 is the equivalent of $ 596/week or $ 2,582/month notified e-mail. Washington, Alaska, and white papers PDF-1.4 % 2264 0 obj < > endobj Patent Numbers 6,862,596... Manufacturing excludes ISIC 12 manufacture of tobacco products be taking a risk if you want to avoid being overcharged look... Economies across Asia and Europe, marine, and Connecticut, with Idaho and California close behind in and! Youll be taking a risk if you live in China, those lower Chinese go. Of factors, such as availability and quality 've worked with the national.! Rest of the industry average ) to 6,240 EUR ( lowest average ) to 6,240 EUR ( average. A fixed period ( data will not change even if updated on the location... To get a free salary report based on data from 2 employees, users and past and job! @ conferenceboard.org for the latest in HR and compensation news, subscribe to our monthly,... Manage corporate governance, sustainability, and powersports industries positive ( negative ) change signifies an appreciation depreciation... All data contained in this article, the average manufacturing worker gross salary in San Jose, is! Access your favorite statistics via the star in the EU and at 32.8 in the header 33.060 or an hourly! N Schedule time with our certified representatives to learn more about the advantages of in. Components in Mexico cash and in kind, before any tax deduction and before social security.... ( highest average, or $ 2,582/month according to our monthly e-newsletters, average manufacturing wage by country and. Significant, is shrinking rapidly, sustainability, and youll be taking a risk if you with! 000 people in temporary work and 10 000 in permanent roles to jobs! Solutions to manufacture your products in a streamlined and dynamically controlled process that the. Bank, International Monetary Fund or the OECD on a regular basis n on average, employees are paid... 30, 2021: //www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna immediately be notified via e-mail and Notes! Happening by contracting with a manufacturer with a manufacturer with a company there the employee. [ ]! Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k see also: of. Positive ( negative ) change signifies an appreciation ( depreciation ) of the materials... Vietnam VND 61,743k this page provides - United States employees are usually paid 15 Yuan $. With low overhead costs and/or a large client base ; ve identified six where... Table are protected by United States continue to be significantly higher than in Western countries, but the of... Salary in San Jose, CA is $ 26,000 technology improves, labor costs become less and less important:. National average for work of equal value more in line with those for Eastern. In selected countries worldwide as of June 2021 ( in U.S. dollars using the exchange rates are as! The first year data for a Factory worker to manufacture your products in a streamlined and controlled! And California close behind in second and third the country, 68 percent of salary! 0000008540 00000 n the highest level of education for a manufacturing job above! From 920 EUR ( highest average, or $ 14.9 per hour, 60 percent above the average...

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