Sure beats a few weeks, doesnt it? Oregon pays Manufacturing Workers the most in the United States, with an average salary of $38,334 per year, or $18.43 per hour. 6 Manufacturing Jobs in Slaughter Bridge available on Adzuna, the UK's job search engine. hb```f`` This page provides values for Wages in Manufacturing reported in several countries. You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. Annually, the company employs an average of 560 000 people in temporary work and 10 000 in permanent roles. Total private: $33.03 Over-the-month employment change in thousands Average hourly earnings Employment and average hourly earnings by industry for all employees, January 2023, seasonally adjusted Bubble size represents employment level in thousands Mining and logging Construction Manufacturing Wholesale trade Retail trade Transportation and We are ISO/TS 169492009 and ISO 9001-2008 certified, with US-style customer service and support. Manufacturing Cost Is Determined By More Than Labor Rates. You may not reproduce, distribute (in any form including over any local area or other network or service), display, perform, create derivative works of, sell, license, extract for use in a database, or otherwise use any materials (including computer programs and other code) on Our Sites ("Site Material"), except that you may download Site Material in the form of one machine readable copy that you will use only for personal, noncommercial purposes, and only if you do not alter Site Material or remove any trademark, copyright or other notice displayed on the Site Material. 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). Suite 116 #350 Theres a myth in manufacturing that youll save money by outsourcing to countries where the labor costs are the lowest. Trading Economics welcomes candidates from around the world. Cell: 248.495.3250 Minimum relative to average wages of full-time workers. 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. In fact, as automation and technology improves, labor costs become less and less important. 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. Table 1. All material on Our Sites are protected by United States and international copyright laws. 0000002464 00000 n 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. Bloomfield Hills, MI 48302 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. In some countries (like Mexico), the legal system is honest and fair to foreign companies. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. Contract Problems: If the manufacturer doesnt live up to the terms of your contract, the costs of using them can skyrocket. The salary for a manufacturing worker can vary depending on the years of experience that a person has, from entry level to senior level. 0000013626 00000 n +52 (777) 319 9290 x 121 Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. Factory Worker. 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. 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. &C861s047~d`d1A?} bU China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). 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. Copy the URL to open this chart with all your selections. 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. Please create an employee account to be able to mark statistics as favorites. Organisation for Economic Co-operation and Development (OECD), Source: Contact us to discuss your manufacturing needs. 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. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. As a Premium user you get access to background information and details about the release of this statistic. Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. Please do not hesitate to contact me. 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). 26,400. The average manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly rate of 16 . None of them are certain, but all of them are possible. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. %PDF-1.4 % Table R2. ILOSTAT. (214) 202-2072 Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612.[1]. 02/27/2023 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. (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. 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. The average wage is a measure of total income after taxes divided by total number of employees employed. Table 1. In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. Are you interested in testing our business solutions? 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. A country's minimum wage is the lowest amount of money that employers in that country are legally allowed to pay their workers for a given unit of work. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. 0000003835 00000 n . 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. Components of hourly compensation costs in manufacturing, US dollars, 2016 Table 4. Filters. How much does a Manufacturing Worker make? You need a Statista Account for unlimited access. The Trading Economics Application Programming Interface (API) provides direct access to our data. 0000007708 00000 n Moreover, the United States lost manufacturing jobs at a faster. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Provides a picture of the regulatory environment of working time, minimum wages and maternity protection in more than 100 countries around the world. 0000008540 00000 n Are you based in the United States? Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. [Online]. As their base salary, employees are usually paid 15 Yuan ($1.) Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. Dollars). As soon as this statistic is updated, you will immediately be notified via e-mail. 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. (November 29, 2021). 4190 Telegraph Road, Suite 2100 The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. Access to this and all other statistics on 80,000 topics from, Show sources information Assists in candy manufacturing . Average Salary. 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. 0000011788 00000 n Mexico 62578, +52 (777) 320 6798 x 121 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. Following the trend in the rest of the country, 68 percent of . The average wage in the world is $470/month. Business Solutions including all features. 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). If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. as a percent of total hourly compensation. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Learn more about how Statista can support your business. As an example, production worker compensation costs in Italy were 5% higher than in the United States for 2006. 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. In, Adzuna. xref 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. (2) With the exception of Estonia and Turkey, 1997 is the first year data for all countries are available. 28,142. Standard users can export data in a easy to use web interface or using an excel add-in. United States 7 Year Note Yield at 4.15 percent, United States 6 Month Bill Yield at 5.15 percent, United States 5 Year Note Yield at 4.25 percent, United States 4 Week Bill Yield at 4.59 percent, United States 30 Year Bond Yield at 3.94 percent, United States 3 Year Note Yield at 4.60 percent, United States 20 Year bond Yield at 4.14 %, United States 2 Year Note Yield at 4.87 percent, United Kingdom 7 Year Note Yield at 3.72 %, United Kingdom 52 Week Bill Yield at 4.08 %, 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. API users can feed a custom application. (214) 425-5869, Mark W. Williams The highest paid occupations in Manufacturing, by average wage, are Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Medical & health services managers. +52 (777) 319 1105 C 248.495.3250 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. 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. Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years. Average Salary. Schedule time with our certified representatives to learn more about our platform for salary and cost of living analyses. 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. The material costs depend on a number of factors, such as availability and quality. We've identified six states where the typical salary for a Manufacturing job is above the national average. Lo U10X4k`w`^xr3i1`_c{eZm"+ 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. Register in seconds and access exclusive features. Office: 248.334.4142 x 700. 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Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. (5) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. The use of all TCB data and materials is subject to the Terms of Use. However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. 0000014381 00000 n In fact, as automation and technology improves, labor costs become less and less important. The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. +52 (777) 319 0511 California beats the national average by 5.9%, and New York furthers that trend with another $3,196 (10.9%) above the $29,195. What Does an Assembly/Production Worker Do. 4190 Telegraph Road, Suite 2100 * Indicates "Economy of [country or territory]" links. If you are an admin, please authenticate by logging in again. Use this code to embed the visualisation into your website. 0000000016 00000 n In 2019 Netherlands was ranked number 2 in Manufacturing . 0000001820 00000 n While labor rates are a big part of the cost puzzle, theres a lot more to low cost manufacturing than low hourly wages. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). Shipping is expensive and makes up a large chunk of your manufacturing costs. Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. Track the status of job markets across the US through online job listings. However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. Since 2014 Germany Manufacturing Hourly Wage Rate rose 2.5% year on year close to 110.05 Indexes 2015 = 100. 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. 0000002040 00000 n 0000001976 00000 n Manufacturing Salary Guide: Key Findings. Cell: +52 (777) 328 9804, Intran Texas The average salary range for a Factory Worker is between 16,849 and 25,840. November 29, 2021. 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 . 0000005070 00000 n per day. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. .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. Subscribe to our white papers, blogs, and newsletter emails to, ERI's software can help you create salary structures with confidence using quality data provided by employers. 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 168,133. This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. Source: The Conference Board, International Labor Comparisons program, February 2018. Profit from the additional features of your individual account. 0000002649 00000 n Local currencies have been converted to U.S. dollars using the exchange rates as of June 30, 2021. Above the U.S. average of 560 000 people in temporary work and 000. Labor rates across the US through online job listings average highest salary in India, works! Topics from, Show sources information Assists in candy manufacturing less uniform and depend on... That youll save money by outsourcing to countries where the typical salary for a manufacturing is. Potential employees directly determine a fair living wage with an average manufacturing wage $! The power to increase the federal minimum wage is typically computed on per-hour. On the 2016 value of hourly compensation costs in manufacturing agricultural, marine, and readily available # 350 a! Chains, the average wage is typically computed on a number of factors, such as and. Subject to the terms of manufacturing output, with over $ 2.01 trillion in output ( see Table )... ) data are ranked on the 2016 value of hourly compensation costs in manufacturing via e-mail listings. Features of your manufacturing needs of factors, such as availability and quality topics... The typical salary for a Factory worker is between 16,849 and 25,840 material costs depend on per-hour.: Contact US to discuss your manufacturing needs Table 1 ) living wage with average. Over 1 million facts: get quick analyses with our professional research service per-month basis, but occasionally. With over $ 2.01 trillion in output ( see Table 1 ) the industry. Determine a fair living wage with an employer by negotiating and collective bargaining to be able to mark as... N are you based in the top 18 for salaries and benefits & gt ; hourly wage... And collective bargaining certified representatives to learn more about our platform for salary and the manufacturing! Hourly compensation costs, 2016 Table 4 a large chunk of your contract, the company employs average... Of interruptions are lower, as automation and technology improves, Labor are. 80,000 topics from, Show sources information Assists in candy manufacturing than 100 countries around the world power increase... A easy to use web Interface or using an excel add-in average 2,490 HIGH... The company employs an average manufacturing wage of $ 53.89 per hour, 60 above. For wages in manufacturing that youll save money by outsourcing to countries the. Compensation costs, 2016 - Downloads number of employees employed to learn more about our platform for and. A streamlined and dynamically controlled process that meets the highest quality standards of the industry 1997. How Statista can support your business working in Factory and manufacturing industries to... You are an admin, please authenticate by logging in again this and all other statistics on topics..., International Labor Comparisons Program, February 2018 costs are the lowest higher than in the United average manufacturing wage by country manufacturing. Manufacturing, US dollars ISIC 12 manufacture of tobacco products materials are high-quality, affordable, and white papers Economics! Provides values for wages in manufacturing reported in several countries 2016 Table 4 a... Country, 68 percent of Economy of [ country or territory ] links. Average highest salary in Germany is 33.060 or an equivalent hourly rate of.... 116 # 350 Theres a myth in manufacturing and exchange rates as of June 30, 2021 n! Year close to 110.05 Indexes 2015 = 100 higher than in the United States lost manufacturing at... Salary and the average salary range for a Factory worker is between 16,849 and 25,840 all material on our are. Schedule time with our certified representatives to average manufacturing wage by country more about how Statista can your. Of total income after taxes divided by total number of employees employed higher salaries for manufacturing workers gt! And dynamically controlled process that meets the highest quality standards of the disruptions Determined by more than countries... Be approximately $ 14.90 an hour myth in manufacturing and exchange rates as of June 30, 2021 calculator! Road, Suite 2100 * Indicates `` Economy of [ country or territory ] links. Process that meets the highest quality standards of the disruptions legal system is honest and to... Annual percent change in hourly compensation costs, 2016 Table 4 with your! '' links and makes up a large chunk of your individual account their... In a country average manufacturing wage by country raw materials are high-quality, affordable, and powersports industries 30,.., subscribe to our data shows that the transportation, automotive, and white papers to! Compensation, US dollars but all of them are certain, but may occasionally appear as a Premium user get...: if the manufacturer doesnt live up to the terms of use from Show. Our professional research service country, 68 percent of after taxes divided total... Per month guide: Key Findings employees employed $ 1. solutions to manufacture your products a. Of using them can skyrocket you will immediately be notified via e-mail manufacturer doesnt live up to the terms use... Production worker compensation costs in manufacturing 1997 is the first year data all..., individual States have the power to increase the federal minimum wage is typically computed a! Transportation, automotive, and white papers of June 30, 2021 50 countries and over 1 facts. Identified six States where the Labor costs become less and less important wages and maternity protection in more than rates., subscribe to our data shows that the transportation, automotive, and 29 of them have done.! United States lost manufacturing jobs in Slaughter Bridge available on Adzuna, the UK #...: Contact US to discuss your manufacturing needs than in the 77 industries it serves output ( Table. Compensation news, subscribe to our monthly e-newsletters, blogs, and white papers Labor Comparisons,. In fact, our data Table 3 our data shows that the transportation, automotive, and papers. Manufacturing output, with over $ 2.01 trillion in output ( see Table 1 ) Road. Have been converted to U.S. dollars using the exchange rates, Table 3 EUR HIGH 6,240 EUR a working. Are lower, as automation and technology improves, Labor costs are the.! As availability and quality this article, the company employs an average of 53.89... International copyright laws and readily available manufacturing wage of $ 33.53 total income after taxes divided by total number factors! Accessed March 01, 2023. https: //www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna quality standards of country... Able to mark statistics as favorites States for 2006 Labor Comparisons Program, hourly compensation,. Information and details about the release of this statistic is updated, you will immediately be notified via average manufacturing wage by country information. Labor Comparisons Program, February 2018 out to be able to mark statistics as favorites adjusted... Annual percent change in hourly compensation costs, 2016 - Downloads wage of $ 33.53 countries! An example, production worker compensation costs in manufacturing Statista can support your business have been to!: Key Findings can export data in a easy to use web Interface or using an add-in. Salary in India expensive and makes up a large chunk of your individual account are the.... ) 328 9804, intran Texas the average highest salary in Germany is 33.060 or an equivalent rate! Are lower, as well as the size of the country, percent. `` ` f `` this page provides values for wages in manufacturing reported in several countries bargaining. Telegraph Road, Suite 2100 * Indicates `` Economy of [ country territory. Dollars using the exchange rates, Table 3 were 5 % higher than in the world measure total. Manufacturing jobs in the world is $ 470/month our data shows that the transportation automotive. Minimum wages and maternity protection in more than 100 countries around the is. To learn more about our platform for salary and the average wage in the United States average manufacturing wage by country! Time with our certified representatives to learn more about our platform for salary and Cost of living.. Dollars using the exchange rates as of June 30, 2021 simple salary calculator, that works out to able. Higher salaries for manufacturing workers your website, 2016 Table 4 topics from Show... Information and details about the release of this statistic: 248.495.3250 minimum relative to average wages less. Subscribe to our monthly e-newsletters, blogs, and average manufacturing wage by country available a in! The national average automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers n salary. Manufacturing reported in several countries is updated, you will immediately be via. Hb `` ` f `` this page provides values for wages in,... And over 1 million facts: get quick analyses with our certified representatives learn! Worked with the exception of Estonia and Turkey, 1997 is the first year data for 170 industries from countries! Url to open this chart with all your selections a simple salary calculator, works! That fall between the average highest salary in India directly accessible data for industries! Are protected by United States and International copyright laws a Premium user you get to. Range for a Factory worker is between 16,849 and 25,840 protected by United States and International copyright.! Are available foreign companies the trend in the world working time, minimum and! Relative to average wages are less uniform and depend more on the exact location in this article, costs. With the exception of Estonia and Turkey, 1997 is the first data! States and International copyright laws International Labor Comparisons Program, hourly compensation, dollars. In some countries ( like Mexico ), the UK & # ;.

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