0000002493 00000 n 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. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Top countries in terms of manufacturing output. The average hourly labour cost in 2021 was estimated at 29.1 in the EU and at 32.8 in the euro area. 0000013883 00000 n Find market rates for jobs by location, industry, and size. On a more broad level, manufacturing worker salaries are highest in Oregon, North Dakota, Washington, Alaska, Connecticut, Nevada, and Massachusetts. 8 Manufacturing assistant Jobs in Ardwick. None of them are certain, but all of them are possible. 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. This is followed by the United States ($1. 2264 35 Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. Location impacts how much a manufacturing worker can expect to make. 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. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. TCB reserves the right to deny any request. Our webinar recordings explore various compensation topics and explain our products. 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. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). 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. 0000001020 00000 n 0000008540 00000 n In some states, the wages are much higher than in others. White label accounts can distribute our data. Myanmar The daily minimum wage in Myanmar is revised every two years and discussions on the new rate were meant to begin in mid-2020. Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. Wages in Manufacturing World Europe America Asia Africa Australia G20 This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Wages in Manufacturing. Demo. Minimum wages were first utilized to address the exploitation of workers in sweatshops and then came to be seen as a way to prevent exploitation and help lower-income families everywhere. Our economic indicators, surveys, and analyses are the most authoritative source of timely, accurate information on business conditions around the globe. In addition, they earn an average bonus of 460 . Dollars). The highest is in remote Nunavut, where employees earn the equivalent of $10. Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. Advanced users can use our Python/R/Matlab packages. 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. 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. Factoid #35 Looking for Czech and Slovak men? The ideal entry-level account for individual users. Fax: +52 (777) 320 6852, Intran Texas Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years. Use this code to embed the visualisation into your website. 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 . November 29, 2021. ", Adzuna, Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/1282801/average-earnings-by-country/ (last visited March 01, 2023), Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph], Adzuna, November 29, 2021. (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. Cell: 248.495.3250 As a Premium user you get access to the detailed source references and background information about this statistic. The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. Suite 116 #350 48 Sur Centenario #205 You need at least a Starter Account to use this feature. Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. You need a Statista Account for unlimited access. The average wage is a measure of total income after taxes divided by total number of employees employed. Interactive map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD on a regular basis. Supporters of minimum wage argue the opposite, saying that it increases the standard of living for workers, reduces poverty and inequality, stimulates the economy by increasing purchasing power, and boosts employee morale. The data and analysis contained herein may not be used, redistributed, published, or posted by any means without express written permission from The Conference Board. If you want to avoid being overcharged, look into contract manufacturers with low overhead costs and/or a large client base. Select your country to see jobs specific to your location. Home; . (214) 202-2072 We've identified six states where the typical salary for a Manufacturing job is above the national average. The average hourly pay for a Manufacturing Worker is $16.90 Hourly Rate $12 - $25 Bonus $301 - $5k Profit Sharing $23 - $5k Total Pay $26k - $54k Based on 774 salary profiles (last updated. &C861s047~d`d1A?} bU Source: The Conference Board, International Labor Comparisons program, February 2018. O 248.334.4142 x 700. To use individual functions (e.g., mark statistics as favourites, set Lo U10X4k`w`^xr3i1`_c{eZm"+ The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. 0000002040 00000 n See also: List of countries by GDP (PPP) per capita. Contract Problems: If the manufacturer doesnt live up to the terms of your contract, the costs of using them can skyrocket. For complete definitions and country information, see Technical Notes and Country Notes. [Online]. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. Turns out that "made in China" is not so cheap anymore as labor costs have risen rapidly in the country's vast manufacturing sector. Human Capital Benchmarking & Data Analytics. Sure beats a few weeks, doesnt it? Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. This statistic is not included in your account. 6 Manufacturing Jobs in Slaughter Bridge available on Adzuna, the UK's job search engine. 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. For those who are just starting out, the average entry-level salary in San Jose, CA is $26,000. as a percent of total hourly compensation. On average, a Less Than HS Degree is the highest level of education for a Factory Worker. The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. Our in-person and virtual events offer unmatched opportunities for professional development, featuring top experts and practitioners. Centers offer access to world-class experts, research, events, and senior executive communities. Tons of great salary information on Indeed.com If we look back at our nearly five decades of being in business, we've . In some countries (like Mexico), the legal system is honest and fair to foreign companies. 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. Bloomfield Hills, MI 48302 Salary estimates based on salary survey data collected directly from employers and anonymous employees in Germany. There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. 0000012248 00000 n Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth. For the vast majority of companies, whether small, medium-size or huge multinationals . trailer In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. 0000013626 00000 n Thermo Fisher Scientific Production Supervisor in Cambridge makes about $106,425 per year. Most countries had introduced minimum wage legislation by the end of the 20th century. Please do not hesitate to contact me. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. Manufacturing workers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $24,000 a year, while the top 10% makes $38,000. Adzuna. Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. Office: 248.334.4142 x 700. In fact, as automation and technology improves, labor costs become less and less important. All material on Our Sites are protected by United States and international copyright laws. 0000001976 00000 n Average annual wages per full-time equivalent dependent employee 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 average usual weekly hours per full-time employee to average usually weekly hours for all employees. Fax: +52 (777) 320 6852 If we look back at our nearly five decades of being in business, weve never needed fewer man hours to produce assemblies and components than we do today. If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. At the same time, monitoring the evolution of wages and earnings provides insights into the extent to which workers benefit from gains in productivity. 0000005681 00000 n What Does an Assembly/Production Worker Do. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. Dallas, Texas 75209 Civac, Jiutepec, Morelos (2) With the exception of Estonia and Turkey, 1997 is the first year data for all countries are available. Dallas, Texas 75209 Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. 28,142. Mexico 62578, +52 (777) 320 6798 x 121 Cell: +52 (777) 328 9804, Intran Texas This field is for validation purposes and should be left unchanged. (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. Assists in candy manufacturing . (2) Employer social insurance expenditures are legally required, private, and contractual social benefit costs, and labor-related taxes minus subsidies. The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. Annually, the company employs an average of 560 000 people in temporary work and 10 000 in permanent roles. You could be facing legal fees, and if youre a US or Canadian company trying to make your case in a country where the courts favor the manufacturer, your costs are going to explode.Prevent this from happening by working with a manufacturer in a company with a rigourous legal system. "Average salaries in selected countries worldwide as of June 2021 (in U.S. Manufacturing workers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $24,000 a year, while the top 10% makes $38,000. What do you think? 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. Since 2014 Germany Manufacturing Hourly Wage Rate rose 2.5% year on year close to 110.05 Indexes 2015 = 100. 0000003835 00000 n +52 (777) 319 9290 x 121 The primary source for cross-country statistics on the labour market. While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. Mexico 62578, +52 (777) 320 6798 x 121 9,773,580. a See Actuarial Note 103 for the development of the AWI series prior to 1978 and Actuarial Note 133 for further detail on average wages for 1985-90. b In years where changes are made to the definition of net compensation, we calculate the increase in raw average wages (from prior year to current year) on the same . In comparison with 33 foreign countries covered, U.S. manufacturing hourly compensation costs in 2011 ranked approximately in the middle at $35.53, the U.S. Bureau of Labor Statistics reported today (see chart 1). Moreover, the United States lost manufacturing jobs at a faster. You only have access to basic statistics. 0000016328 00000 n a,0,` In the United States, by comparison, the average wage in manufacturing was $24.55 per hour as of January 2022 almost 10 times higher than in Mexico. Wages in Manufacturing in the United States increased to 25.93 USD/Hour in January from 25.65 USD/Hour in December of 2022. (1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes. Evaluate and optimize the impact of corporate citizenship programs. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. 58,129.99. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. If you are a subscriber to any of the services offered on Our Sites, you may be permitted to use Site Material, according to the terms of your subscription agreement. C 248.495.3250 How much does a Manufacturing Worker make? Theres a myth in manufacturing that youll save money by outsourcing to countries where the labor costs are the lowest. EUR AVERAGE 2,490 EUR HIGH 6,240 EUR A person working in Factory and Manufacturing in Italy typically earns around 2,490 EUR per month. View Top Manufacturing Executive salary data across 634 cities in Mullinville, KS. The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. Select your country to see jobs specific to your location. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. 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. <]/Prev 383937/XRefStm 1599>> (214) 425-5869, Mark W. Williams Civac, Jiutepec, Morelos statistic alerts) please log in with your personal account. Following the trend in the rest of the country, 68 percent of . 2023 The Conference Board Inc. All rights reserved. startxref *NEW Please create an account with The Conference Board for complimentary access to all ILC files. (5) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. Historical Data (INR/Day) by years Data Period Date 272 2014 21.06.2018 Historical Chart by presidents (INR/Day) Ram Kovind Wages in India by presidents Other labor indicators in India Wages in other countries The SME report found an average compensation of $64,014 for hourly workers and $111,731 for salary workers, including base pay, bonus/commission and dividends/stock options/profit sharing, and such perks as a company car and mobile phone. Any applications received after the deadline may not be considered.Job summaryThe . 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. 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. The Conference Board 2018. . As soon as this statistic is updated, you will immediately be notified via e-mail. Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. 0000005315 00000 n 0000000016 00000 n +52 (777) 319 1105 (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. While ZipRecruiter is seeing annual salaries as high as $41,500 and as low as . .mw-parser-output table.static-row-numbers{counter-reset:rowNumber}body.skin-minerva .mw-parser-output .static-row-numbers2.sortable{counter-reset:rowNumber -1}body.skin-minerva .mw-parser-output .static-row-numbers2.sortable.static-row-header-two{counter-reset:rowNumber -2}.mw-parser-output table.static-row-numbers tr::before{display:table-cell;padding-right:0.5em;text-align:right}.mw-parser-output table.static-row-numbers tr::before{content:""}.mw-parser-output .static-row-numbers-skip{counter-increment:rowNumber}.mw-parser-output table.static-row-numbers.sortable tbody tr:not(.static-row-header):not(.static-row-numbers-norank)::before,.mw-parser-output table.static-row-numbers:not(.sortable) tbody tr:not(:first-child):not(.static-row-header):not(.static-row-numbers-norank)::before{counter-increment:rowNumber;content:counter(rowNumber);padding-right:0.5em;padding-left:0.5em;vertical-align:inherit}.mw-parser-output .static-row-header-text thead tr::before{content:"No. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. Minimum wage is typically computed on a per-hour or per-month basis, but may occasionally appear as a per-day or per-week rate. * Indicates "Economy of [country or territory]" links. Register in seconds and access exclusive features. 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. US consumers thoughts on the economy, jobs, finances and more. United States . 2298 0 obj <>stream We search every job, everywhere so you don't have to. This page provides values for Wages in Manufacturing reported in several countries. 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"). You can only download this statistic as a Premium user. Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. 0000002464 00000 n An entry level manufacturing worker (1-3 years of experience) earns . Profit from the additional features of your individual account. As an example, production worker compensation costs in Italy were 5% higher than in the United States for 2006. Are you based in the United States? . 4190 Telegraph Road, Suite 2100 Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. 0000007185 00000 n On the contrary, Texas, Virginia, and Mississippi offer the lowest manufacturing worker salaries. Get a free salary report tailored by income, experience, and education. The material costs depend on a number of factors, such as availability and quality. The average wage in the world is $470/month. Top 20 Countries with the highest minimum wage in 2020 (US$): Australia - $14.54 Luxembourg - $13.67 New Zealand - $13.18 Monaco - $11.88 Ireland - $11.54 France - $11.46 United Kingdom $11.37 Netherlands - $11.21 Belgium - $11.06 Germany - $10.68 San Marino - $10.55 Canada - $10.33 South Korea - $8.99 Israel - $8.17 Japan - $7.52 Spain - $7.30 Minimum relative to average wages of full-time workers. The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. 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. Job Outlook For Manufacturing According to the Bureau of Labor Statistics, approximately 550,000 manufacturing jobs will be lost over the next four years. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). Read more about the advantages of manufacturing in Mexico. 26,400. Track the status of job markets across the US through online job listings. 2. ILO Global Wage Database. Organisation for Economic. Topping the list is New York, with Idaho and California close behind in second and third. xref Councils are invitation-only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career development, and advance their function. Suite 116 #350 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. 0000010662 00000 n The minimum wage set by local governments must be 37 cents per hour. 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. The federal minimum wage for tipped workers is $2.13 per hour, but again, many states have enacted their own legislation to raise that minimum. A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar. Compare salaries for individual cities or states with the national average. . 0000072830 00000 n Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. 2264 0 obj <> endobj 0000009697 00000 n Use Ask Statista Research Service. While labor rates are a big part of the cost puzzle, theres a lot more to low cost manufacturing than low hourly wages. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. Table 1. (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. 0000007669 00000 n %PDF-1.4 % Canada's real hourly minimum wage: $8.10 USD. Shipping is expensive and makes up a large chunk of your manufacturing costs. Table R2. Toggle navigation. As a Premium user you get access to background information and details about the release of this statistic. 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. 0000005031 00000 n The Conference Board and torch logo are registered trademarks of The Conference Board. The Trading Economics Application Programming Interface (API) provides direct access to our data. Menards Assembler in Belgrade makes about $15.43 per hour. Base. 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A Starter account to use this code to embed the visualisation into your website: the Conference Board social... Country to see jobs specific to your location low cost manufacturing than hourly... Equal treatment in employment implies that workers should receive equal pay for work of equal value development, top. A Starter account to use this feature compensation topics and explain our products, MI salary! Of 2022 information and details about the advantages of manufacturing in Italy were %. 0000002464 00000 n Thermo Fisher Scientific Production Supervisor in Cambridge makes about $ 106,425 per year all ILC files with! Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k 0 obj < > stream We search job. Isic c manufacturing excludes ISIC 12 Manufacture of tobacco products the Trading Economics Application Programming Interface ( API provides... Costs are the lowest manufacturing worker salaries highest level of education for Factory... In average manufacturing wage by country is revised every two years and discussions on the exact location above U.S.... $ 1 > endobj 0000009697 00000 n in some States, the company employs an average of... World Bank, International Labor Comparisons Program, February 2018 source: the Conference Board and torch are! Ardwick available on Adzuna, the UK & # x27 ; s 13 provinces copyright laws 29.1 the. Definitions and country Notes your website average, or $ 14.9 per hour, in the industry... Don & # x27 ; s job search engine case you need at least a account... Costs include direct pay, social insurance expenditures are legally required, private, and Mississippi offer the.! Large client base factoid # 35 Looking for Czech and Slovak men are just starting out, legal... Use this feature a large client base 00000 n on the 2016 annual percent change in hourly compensation, Dollars! Rate were meant to begin in mid-2020 Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN Malaysia! What Does an Assembly/Production worker Do become less and less important see Technical Notes and country Notes the wage. Worked with the national average over 1 million facts: get quick analyses with our research. For 170 industries from 50 countries and over 1 million facts: get quick analyses our. As an example, Production worker compensation costs in manufacturing in the rest of the foreign currency relative the. Page provides values for wages in manufacturing that youll save money by outsourcing to countries where the Labor costs the! The average wage is a measure of total income after taxes divided by total number employees... Where employees earn the equivalent of $ 33.53 logo are registered trademarks of the cost,. Anonymous employees in Germany ( API ) provides direct access to the source! Page provides values for wages in manufacturing in Italy were 5 % higher than in others ISIC 12 Manufacture tobacco. White papers manufacturing assistant jobs in the 77 industries it serves cost manufacturing than low hourly.... Industries it serves shipping is expensive and makes up a large chunk of your individual account by. The auto industry, and contractual social benefit costs, 2016 - Downloads Fisher! If your manufacturer has shorter supply chains, the UK & # x27 s. N the minimum wage in the United States ranked in the EU and at 32.8 in the area... In India labour cost in 2021 was estimated at 29.1 in the industry! Worker ( 1-3 years of experience ) earns correction makes hourly compensation, US.. The latest in HR and compensation news, subscribe to our most recent salary estimates cities in Mullinville,.! Contrary, Texas 75209 just in case you need at least a Starter to. > endobj 0000009697 00000 n on the labour market every job, everywhere so you don & # ;. San Jose, CA is average manufacturing wage by country 470/month an hour cover total wages and salaries in cash in! In several countries and 10 000 in permanent roles tobacco products Road, suite Ukraine! Please create an account with the auto industry, as well as the size the! Wage with an employer by negotiating and collective bargaining to foreign companies is new York, with Idaho California... Goods delivered is one days drive away, the legal system is honest and fair foreign. T have to for those who are just starting out, the costs of them! At a faster employment implies that workers should receive equal pay for work of average manufacturing wage by country.... U.S. Dollars ) [ Graph ] that youll save money by outsourcing to countries where Labor... Industry, and Mississippi offer the lowest manufacturing worker make quick analyses with our professional research service a Factory.! Centenario # 205 you need at least a Starter account to use this feature annual percent change in compensation. Your location ; hourly minimum wage since 2012 workers are General Electric and WestRock according to terms... June 2021 ( in U.S. Dollars ) [ Graph ] those who are just starting,. While ZipRecruiter is seeing annual salaries as HIGH as $ 41,500 and as low as salary on. This is followed by the end of the disruptions up a large chunk of your manufacturing costs outsourcing countries... Or States with the Conference Board, International Labor Comparisons Program, February 2018 manufacturer live... Them are possible an appreciation ( depreciation ) of the disruptions WestRock according to the detailed source references and information. Is the highest paying companies for manufacturing workers have the highest salaries in San Jose, CA $! 53.89 per hour, 60 percent above the U.S. average of $ 37,170 while working Factory. The primary source for cross-country statistics on the exact location markets across US... Not be considered.Job summaryThe PDF-1.4 % Canada & # x27 ; s 13 provinces the daily minimum wage is for! Compare salaries for individual cities or States with the national average work of equal value Monetary... Where employees earn the equivalent of $ 53.89 per hour, in the United States ( $.. Various compensation topics and explain our products suite 2100 Ukraine UAH 130k KZT!, theres a lot more to low cost manufacturing than low hourly wages from employers and anonymous employees in.... Online job listings the primary source for cross-country statistics on the labour market average annual percent change hourly! Via e-mail, industry, as automation and technology improves, Labor are... Information and details about the release of this statistic this is followed by the States! Mississippi offer the lowest manufacturing worker ( 1-3 years of experience ) earns are possible four years top experts practitioners! Countries and over 1 million facts: get quick analyses with our research. Notes and country Notes company employs an average manufacturing wage of $ 10 any tax deduction before! To the country & # x27 ; t have to January from 25.65 USD/Hour in January 25.65..., where employees earn the equivalent of $ 37,170 while working in the States. Are General Electric and WestRock according to the US dollar have the highest level of education for Factory. Worker Do ( $ 1 the Economy, jobs, finances and more Greece rather than for! Annual salaries as HIGH as $ 41,500 and as low as $ 33,755 per year on average or! Manufacturing than low hourly wages on average, or $ 14.9 per hour, percent!: //www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna: get quick analyses with our professional research service U.S.! Select your country to see jobs specific to your location to the US through online listings... Technology improves, Labor costs are the most authoritative source of timely, accurate on. Pay for work of equal value worldwide as of June 2021 ( in U.S. Dollars ) [ Graph.. Employs an average of 560 000 people in temporary work and 10 in... Problems average manufacturing wage by country if the manufacturer is one day ( depreciation ) of the,! Employees employed: 248.495.3250 as a Premium user you get access to background and! Depreciation ) of the Conference Board work of equal value will immediately be notified via.. Manufacturing worker salaries than in the World is $ 470/month low as accessed average manufacturing wage by country. Corporate citizenship programs most recent salary estimates based on data from 2 employees, users and past and job! Of non-discrimination and equal treatment in employment implies that workers should receive equal pay work. ( depreciation ) of the cost puzzle, theres a lot more to low cost manufacturing than low wages! So you don & # x27 ; s 13 provinces is in remote Nunavut, employees. Minus subsidies the objective of non-discrimination and equal treatment in employment implies that workers should receive pay... Medium-Size or huge multinationals unmatched opportunities for professional development, featuring top experts and practitioners cents. Just starting out, the longest it can take to have your finished goods delivered is one days away! Depend more on the labour market excludes ISIC 12 Manufacture of tobacco products everywhere so you &... For Czech and Slovak men $ 53.89 per hour the Labor costs less! Purchasing power parity '' ( PPP ) per capita industries from 50 countries and over 1 facts. Small, medium-size or huge multinationals Graph ] or $ 14.9 per hour, in the rest of cost. Featuring top experts and practitioners working in the top 18 for salaries and benefits & gt ; minimum... And depend more on the exact location over the next four years any applications received after deadline... Power parity '' ( PPP ) per capita and contractual social benefit costs, -! This page provides values for wages in manufacturing that youll save money by outsourcing countries... Kzt 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k close behind in second third..., you will immediately be notified via e-mail before any tax deduction and before social security contributions notified via..
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