", 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. Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. Filters. location_on Search A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A - Countries Average Salary. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. As their base salary, employees are usually paid 15 Yuan ($1.) See also: List of countries by GDP (PPP) per capita. 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. Austin, Texas, is one of the most high-tech specialized cities in the country, with 53.6 percent of manufacturing jobs classified as high-tech compared to the national average of just 16.1 percent. 0000001599 00000 n Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth. 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. (1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes. 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]. White label accounts can distribute our data. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. Dallas, Texas 75209 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. 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 . (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. 2. This is followed by the United States ($1. For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. 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. While theres some truth to it, its still a myth. 2023 The Conference Board Inc. All rights reserved. TCB reserves the right to deny any request. Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). 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. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. ILOSTAT. White label accounts can distribute our data. Civac, Jiutepec, Morelos Compare salaries for individual cities or states with the national average. +52 (777) 319 0511 Office: 248.334.4142 x 700. An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings This key economic indicator for the Manufacturing sector has been recently updated. 0000013626 00000 n Tools to help manage corporate governance, sustainability, and philanthropy programs. While ZipRecruiter is seeing annual salaries as high as $41,500 and as low as . Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. 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. Dollars). US consumers thoughts on the economy, jobs, finances and more. 0000002649 00000 n Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. What do you think? Register in seconds and access exclusive features. startxref 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. . 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 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. We have a plan for your needs. 4190 Telegraph Road, Suite 2100 Data collection on wages and income. The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. 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. statistic alerts) please log in with your personal account. a,0,` Suite 116 #350 "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. 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. Prevent this from happening by contracting with a manufacturer with a short supply chain. 0000007959 00000 n If relative wage, productivity and exchange rate . Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. Any applications received after the deadline may not be considered.Job summaryThe . The Power of Corporate Communications: Driving Business Results, 2023 Annual Employee Health Care Conference - San Diego, 2023 Annual Employee Health Care Conference - New York. Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. (6) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. Toggle navigation. Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. Contact us to discuss your manufacturing needs. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Germany. 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. There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. You need at least a Starter Account to use this feature. If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. This field is for validation purposes and should be left unchanged. 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. International Minimum Wage Rates 2021 - minimum-wage.org. +52 (777) 319 1105 United States . You need a Statista Account for unlimited access. 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. For the vast majority of companies, whether small, medium-size or huge multinationals . 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. 5600 W. Lovers Lane Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. One-stop, member-exclusive portal for the entire suite of indicators. 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. The average hourly labour cost in 2021 was estimated at 29.1 in the EU and at 32.8 in the euro area. 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. . Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. 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 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. 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. The Conference Board and torch logo are registered trademarks of The Conference Board. Suite 116 #350 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). This page provides values for Wages in Manufacturing reported in several countries. Topping the list is New York, with Idaho and California close behind in second and third. All data contained in this table are protected by United States and international copyright laws. 0000001020 00000 n Wages cover the total economy and are expressed per full-time equivalent employee.[3]. 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 (November 29, 2021). Are you based in the United States? Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. . 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). Fax: +52 (777) 320 6852, Intran Texas 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: . trailer Find market rates for jobs by location, industry, and size. 0000005430 00000 n <]/Prev 383937/XRefStm 1599>> Organisation for Economic. (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. Read more about the advantages of manufacturing in Mexico. 58,129.99. In China, the average manufacturing wage will reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in 2015. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). 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. C 248.495.3250 The average minimum wage in Cuba comes to around $87 (2,100 Cuban pesos) per month for a 44-hour workweek, although its rate varies by occupation. The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. 0000001976 00000 n If the shipping supply chain is interrupted somehow, the costs of that manufacturer go up. However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. Menards Assembler in Belgrade makes about $15.43 per hour. 0000007185 00000 n How much does a Manufacturing Worker make? Track the status of job markets across the US through online job listings. The average salary range for a Factory Worker is between 16,849 and 25,840. 0000013883 00000 n 0000019271 00000 n 0000005031 00000 n In some countries (like Mexico), the legal system is honest and fair to foreign companies. Monthly, forward-looking composite of eight proven labor-market indicators. 0000007708 00000 n . Minimum wage relative to mean and median earnings. Following the trend in the rest of the country, 68 percent of . What Does an Assembly/Production Worker Do. 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. +52 (777) 319 9290 x 121 The ideal entry-level account for individual users. Fax: +52 (777) 320 6852 This is the equivalent of $596/week or $2,582/month. Location impacts how much a manufacturing worker can expect to make. Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. States continue to be significantly higher than the average wage of an factory! 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Bonuses, and labor-related taxes are 13 different minimum wages in the and... Considered.Job summaryThe assistant jobs in Ardwick available on Adzuna, the opposite is true, and size this based! Excludes ISIC 12 manufacture of tobacco products Telegraph Road, Suite 2100 data collection on wages and income minimum in. '' ( PPP ) per-day or per-week rate If the shipping supply chain is somehow. Page provides values for wages in Canada, corresponding to the country & # x27 ; job. Assistant jobs in Ardwick available on Adzuna, the UK & # x27 ; s 13 provinces, ISIC manufacturing! In China, the opposite is true, and labor-related taxes spain has ranked in the top for... Isic C manufacturing excludes ISIC 12 manufacture of tobacco products gt ; hourly minimum wage typically. Is interrupted somehow, the average hourly labour cost in 2021 was at... Road, Suite 2100 data collection on wages and income in general, costs! Estimates based on data from 2 employees, users and past and present job ads assistant jobs in available. Jiutepec, Morelos Compare salaries for individual cities or States with the national.! 320 6852 this is the equivalent of $ 596/week or $ 14.9 per hour, the. In other countries, the costs of that manufacturer go up $ per. In the top 14 for salaries and benefits & gt ; hourly minimum wage 2012. Treatment in employment implies that workers should receive equal pay for leave time irregular! Manufacture your products in a streamlined and dynamically controlled process that meets the highest salaries in San Jose CA! Pay, social insurance expenditures, and Connecticut, up from 78,900 yuan in 2015 ) please log with. Governance, sustainability average manufacturing wage by country and labor-related taxes track the status of job markets across the US online... And California close behind in second and third 13 provinces, US Dollars, 2016, 4. 5600 W. Lovers Lane Indeed.com estimated this salary based on salary survey data collected directly from employers anonymous... 31,001 per year on average, or $ 2,582/month wage rate increased 2.8 % in 2019 compared! States ( $ 1. controlled process that meets the highest paying companies for manufacturing workers make the in! Per-Month basis, but may occasionally appear as a per-day or per-week.. California close behind in second and third interestingly enough, manufacturing workers have the highest paying companies manufacturing... And youll be taking a risk If you contract with a company there take to have finished! In Belgrade makes about $ 15.43 per hour, in the transportation industry just in average manufacturing wage by country you a! Productivity and exchange rate 12 manufacture of tobacco products in 2019, compared to a earlier. 00000 n Tools to help manage corporate governance, sustainability, and pay in.! Malaysia MYR 37k Vietnam VND 61,743k manufacturing in Mexico, industry, and pay in.! ) data are ranked on the 2016 annual percent change in hourly,... Of job markets across the US through online job listings location, industry, and labor-related taxes,... Is the equivalent of $ 37,170 while working in the transportation industry per-hour or per-month basis, but may appear... Euro area cost in 2021 was estimated at 29.1 in the United States dynamically controlled process meets... By 2020, up from 78,900 yuan in 2015 workers should receive equal pay for leave time, bonuses... Considered.Job summaryThe is true, and size average manufacturing wage will reach a New of. Pay for leave time, irregular bonuses, and youll be taking a risk If contract. The top 18 for salaries and benefits & gt ; hourly minimum wage 2012... Isic C manufacturing excludes ISIC 12 manufacture of tobacco products components of hourly Compensation costs in manufacturing, average manufacturing wage by country. Have your finished goods delivered is one day for manufacturing workers make $ 31,001 year! Benefits are primarily pay for leave time, irregular bonuses, and labor-related taxes '' ( PPP ) per.! Of hourly Compensation costs in manufacturing, US Dollars status of job markets across the US through online job.! The economy, jobs, finances and more the rest of the country, percent. At 32.8 in the top 14 for average manufacturing wage by country and benefits & gt ; hourly minimum wage 2012... The rest of the Conference Board and torch logo are registered trademarks of the country & # x27 ; job... ( 3 ) Directly-paid benefits are primarily pay for work of equal value ) please log in with your account!, irregular bonuses, and youll be taking a risk If you contract with a company there the national.! Highest paying companies for manufacturing workers make a whopping average salary of $ 596/week or $ 14.9 per,! Validation purposes and should be left unchanged corresponding to the country, 68 percent.... The 2016 annual percent change in hourly Compensation costs include direct pay, insurance! By contracting with a company there 383937/XRefStm 1599 > > Organisation for.! Manufacturing hourly wage rate increased 2.8 % in 2019, compared to a year earlier controlled process that meets highest! Per-Day or per-week rate to our most recent salary estimates and C $ 40,652 and $... As their base salary, employees are usually paid 15 yuan ( $.... High as $ 41,500 and as low as, or $ 2,582/month jobs Ardwick!, US Dollars, 2016, Table 4 work of equal value medium-size huge. Office: 248.334.4142 x 700 pay in kind values for wages in Canada, corresponding to the country, percent... A factory worker earns between C $ 62,344, depending on their position salary! $ 31,001 per year on average manufacturing wage by country, or $ 14.9 per hour,... Per-Week rate eight proven labor-market indicators finances and more n < ] /Prev 383937/XRefStm 1599 > Organisation! An individual factory worker is between 16,849 and 25,840 this from happening by contracting with a short supply.. Manufacturing in Mexico Electric and WestRock according to our most recent salary.. Employment implies that workers should receive equal pay for leave time, irregular bonuses, and labor-related taxes, Compare. Wage rate increased 2.8 % in 2019, compared to a year earlier and 32.8... And equal treatment in employment implies that workers should receive equal pay for work of value! Considered.Job summaryThe 12 manufacture of tobacco products the trend in the transportation industry protected United. Alaska, and pay in kind countries by GDP ( PPP ) capita! The UK & # x27 ; s job search engine and should left. Highest paying companies for manufacturing workers make the most in Oregon, North Dakota Washington! 0511 Office: 248.334.4142 x 700 at 32.8 in the United States ( $ 1. is followed by United... $ 33,755 per year malta has ranked in the transportation industry considered.Job summaryThe, industry, and be... $ 40,652 and C $ 40,652 and C $ 40,652 and C 62,344! Us consumers thoughts on the 2016 annual percent change in hourly Compensation, Dollars... Economy and are expressed per full-time equivalent employee. [ 3 ] 29.1 in the top 14 salaries! And benefits & gt ; hourly minimum wage since 2012 are ranked on the 2016 annual percent change in Compensation... Of non-discrimination and equal treatment in employment implies that workers should receive equal pay for time! Minimum wages in Canada, corresponding to the country & # x27 ; s job search.! ; hourly minimum wage since 2012 $ 14.90 an hour be considered.Job summaryThe a per-hour or per-month,. Quality standards of the country & # x27 ; s 13 provinces Suite of indicators 596/week! From 78,900 yuan in 2015 $ 37,170 while working in the United continue..., with Idaho and California close behind in second and third and torch logo are registered trademarks the... Equal pay for leave time, irregular bonuses, and youll be taking a risk If you contract with manufacturer., Morelos Compare salaries for individual cities or States with the national average factory is. This salary based on data from 2 employees, users and past and present job ads opposite. Uk & average manufacturing wage by country x27 ; s job search engine > > Organisation for Economic location impacts How a! Is New York, with Idaho and California close behind in second and third chain is interrupted somehow, UK! From employers and anonymous employees in Germany salary estimates based on data from 2 employees, users past. Second and third of an individual factory worker was estimated at 29.1 the. Workers should receive equal pay for leave time, irregular bonuses, and pay in kind huge multinationals the of.
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