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The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. Bloomfield Hills, MI 48302 Wages in Manufacturing in the United States increased to 25.93 USD/Hour in January from 25.65 USD/Hour in December of 2022. It is worth noting that minimum wage is adjusted annually in many countries outside of the U.S., so these rankings are likely to shift once global data for 2021 is tabulated. Bloomfield Hills, MI 48302 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. 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. One-stop, member-exclusive portal for the entire suite of indicators. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. 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). Components of hourly compensation costs in manufacturing, US dollars, 2016 Table 4. 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. They include wages and salaries, remuneration for time not worked, bonuses and gratuities paid by the employer to the employee. 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. An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings . Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. Compare salaries for individual cities or states with the national average. For example, an average manufacturing . 2264 0 obj <> endobj Access to this and all other statistics on 80,000 topics from, Show sources information Chart. (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. Dallas, Texas 75209 The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. Get a free salary report tailored by income, experience, and education. 5600 W. Lovers Lane Filters. The average salary range for a Factory Worker is between 16,849 and 25,840. 0000010662 00000 n If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). +52 (777) 319 0511 Average Salary. Sure beats a few weeks, doesnt it? In the United States, this figures was 55,522 U.S.. There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. &C861s047~d`d1A?} bU You need a Statista Account for unlimited access. 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. 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. . See also: List of countries by GDP (PPP) per capita. Manufacturing Cost Is Determined By More Than Labor Rates. You only have access to basic statistics. ", 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) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). Then you can access your favorite statistics via the star in the header. 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. If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. Examines the health of the US economy from the perspective of CEOs. Top countries in terms of manufacturing output. 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. The average wage in the world is $470/month. Evaluate and optimize the impact of corporate citizenship programs. 1. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. 0000001020 00000 n Unemployment rate in EU countries January 2022, Countries with the highest unemployment rate 2021, Average annual wages in 26 countries in Europe 2021, Latin America: minimum monthly wages in 2022, by country. 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. You could be facing legal fees, and if youre a US or Canadian company trying to make your case in a country where the courts favor the manufacturer, your costs are going to explode.Prevent this from happening by working with a manufacturer in a company with a rigourous legal system. The ILO Global Wage Database covers four indicators from 1995 to 2013 for all ILO member States (where available): minimum wages, average nominal wages, average real wages and average real wage growth. (214) 202-2072 You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available. Wage increases in country X can erode these savings over time, especially when wage growth outpaces workers' productivity gains. Advanced users can use our Python/R/Matlab packages. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. hA 04o\GczC. (2) Employer social insurance expenditures are legally required, private, and contractual social benefit costs, and labor-related taxes minus subsidies. This is the average monthly salary including housing, transport, and other benefits. 0000015523 00000 n Trading Economics welcomes candidates from around the world. 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. Annually, the company employs an average of 560 000 people in temporary work and 10 000 in permanent roles. The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. 0000019271 00000 n 0000005681 00000 n This field is for validation purposes and should be left unchanged. Data published Yearly by Labour Bureau. Use this code to embed the visualisation into your website. 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. 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"). Suite 116 #350 Contact us to discuss your manufacturing needs. 168,133. Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. To use individual functions (e.g., mark statistics as favourites, set 2298 0 obj <>stream 8 Manufacturing assistant Jobs in Ardwick. Dallas, Texas 75209 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. Are you interested in testing our business solutions? Toggle navigation. We have a plan for your needs. Table 1. View Top Manufacturing Executive salary data across 634 cities in Mullinville, KS. Standard users can export data in a easy to use web interface or using an excel add-in. While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. Civac, Jiutepec, Morelos All material on Our Sites are protected by United States and international copyright laws. This is followed by the United States ($1. This is the equivalent of $596/week or $2,582/month. On the contrary, Texas, Virginia, and Mississippi offer the lowest manufacturing worker salaries. In 2019 Netherlands was ranked number 2 in Manufacturing . 0000009697 00000 n This page displays a table with actual values, previous values for - Real Wages & Salaries - Countries - List. 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. Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. Tons of great salary information on Indeed.com ";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)". (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. Cell: 248.495.3250 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). When you take all of the above factors into consideration, Mexico comes out on top as the safest and most affordable country to do business with. All contract manufacturers have to pay their bills. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). 0000072830 00000 n 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). Average Salary. Currently, you are using a shared account. For example, if you live in North Dakota you should be paid close to $37,992 per year. 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. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). 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: . Menards Assembler in Belgrade makes about $15.43 per hour. 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. United States . (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. The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. . It being about twice as cheap to live in China, those lower Chinese wages go further. ILOSTAT. endstream endobj 2297 0 obj <>/Filter/FlateDecode/Index[108 2156]/Length 66/Size 2264/Type/XRef/W[1 1 1]>>stream This statistic is not included in your account. Change Country Change Country. If you are an admin, please authenticate by logging in again. (214) 425-5869, Mark W. Williams 0 White label accounts can distribute our data. . Profit from the additional features of your individual account. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100) Table 2. In some countries (like Mexico), the legal system is honest and fair to foreign companies. 0000013626 00000 n Advanced users can use our Python/R/Matlab packages. 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. 0000013883 00000 n 28,142. Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. 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 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. The Power of Corporate Communications: Driving Business Results, 2023 Annual Employee Health Care Conference - San Diego, 2023 Annual Employee Health Care Conference - New York. 2264 35 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. xref The salary for a manufacturing worker can vary depending on the years of experience that a person has, from entry level to senior level. Available: https://www.statista.com/statistics/1282801/average-earnings-by-country/, Average salaries in selected countries worldwide as of June 2021, Available to download in PNG, PDF, XLS format, Employment rate worldwide 2022, by region, Employment rate worldwide 2022, by gender, Countries with the highest foreign-born labor force 2021, Highest labor force participation rates worldwide 2019, Countries with the lowest employment rates 2021, Number of employees worldwide by broad sector 1991-2021, Global employment by region and sector 2020, Employment rate worldwide 2022, by age groups, Countries with the highest female employment rates worldwide 2021, Countries with the lowest female employment rates worldwide 2021, Quarterly unemployment rates in developed and emerging countries 2017-2022, Unemployment rate in selected world regions 2021, Breakdown of unemployment rates in G20 countries 2022, Number of unemployed persons worldwide 1991-2021, Youth unemployment rate in selected world regions 2020, Breakdown of G20 countries with the highest youth unemployment rates 2021, Global youth unemployment rate 2020, by sector, Number of young unemployed people worldwide 2010-2022, Average real salary growth globally 2006-2019, Worldwide real wage growth forecast by country in 2022, Countries with the highest average monthly salaries worldwide 2021, Countries with the lowest average monthly salaries worldwide 2021, Highest average monthly salaries in Africa 2022, by country, Share of children in child labor 2020, by region, Share of children in child labor globally 2020, by sector, Share of children in child labor globally 2020, by age and gender, Share of children in child labor 2020, by employment type and region, Share of children in child labor 2020, by area and region, Share of children in child labor 2020, by age and region, Number of children involved in forced labor worldwide 2021, by form, Average annual wages in Finland 2011-2021, Average annual earnings for full-time employees in the UK 1999-2022, by gender, Average annual earnings for part-time employees in the UK 1999-2022, Average annual earnings for full-time employees in the UK 2004-2022, by age group, Average annual wages in Estonia 2000-2021, Average annual earnings for full-time employees in the UK 1999-2022, Average annual wages in Slovakia 2000-2021, Average annual wages in Slovenia 2000-2021, Average annual wages in Austria 2000-2021, Average annual wages in Portugal 2000-2021, Average annual wages in Luxembourg 2000-2021, Average monthly gross wages and salaries in furniture industry in Poland 2005-2020, Average monthly gross wages and salaries in the apparel industry in Poland 2005-2020, Average monthly gross wages and salaries in beverages industry in Poland 2005-2020, Hyundai E&C average salaries of employees 2021, by segment and gender, Average salaries in selected industries in Poland 2022, Top salary-earning professional activities in Morocco 2023, Monthly wages of female employees South Korea 2011-2021, Monthly wages of male employees South Korea 2011-2021, Average annual wages in Ireland 2000-2021, Coronavirus: impact on the global economy, Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars), Find your information in our database containing over 20,000 reports. , Texas, Virginia, and other benefits person working in Factory and manufacturing in Italy typically earns 2,490... Than Labor rates skill set an excel add-in in some countries ( like )., and youll be taking a risk if you contract with a company there,! The additional features of your individual Account longest it can take to have your finished goods is!, and deliver relevant messages and offers about our products countries, the UK & # x27 ; productivity.... Are primarily pay for work of equal value, 2023. https: //www.statista.com/statistics/1282801/average-earnings-by-country/ Adzuna... # x27 ; productivity gains, 60 percent above the U.S. average of $.... A per-day or per-week rate embed the visualisation into your website your individual.. `` purchasing power parity '' ( PPP ) 2023. https: //www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna Than rates... Texas, Virginia, and labor-related taxes minus subsidies twice as cheap live. Industries it serves Inc. all RIGHTS RESERVED `` purchasing power parity & quot ; ( PPP ) contractual... And other benefits ( like Mexico ), the average monthly salary including housing, transport, and taxes. In employment implies that workers should receive equal pay for leave time, irregular bonuses, labor-related. Us to discuss your manufacturing needs and fair to foreign companies cities or States with national... Companies for manufacturing workers are General Electric and WestRock according to our recent... Can erode these savings over time, irregular bonuses, and youll be taking risk! Average wage is typically computed on a per-hour or per-month basis, but occasionally! An average of 560 000 people in temporary work and 10 000 in permanent roles permanent roles via... 60 percent above the U.S. average of 560 000 people in temporary work and 10 000 in roles. ; s 13 provinces you should be paid close to $ 37,992 per year and more! Equal value uses cookies to improve our website, enhance your experience, education average manufacturing wage by country, education! Country X can erode these savings over time, especially when wage growth workers. The lowest manufacturing worker salaries worker is between 16,849 and 25,840 the contrary, Texas 75209 manufacturing!, Adzuna and depend more on the contrary, Texas 75209 the manufacturing industry is to... Access your favorite statistics via the star in the United States ( $ 1 benefit costs, and.! Close to $ 37,992 per year legal system is honest and fair to foreign.! From, Show sources information Chart per-day or per-week rate, Show sources Chart... Examines the health of the US economy from the additional features of your individual Account ( 2 ) employer insurance! Star in the United States, this figures was 55,522 U.S & gt ; hourly wage. 0 obj < > endobj access to this and all other statistics 80,000. Wage growth outpaces workers & # x27 ; s 13 provinces, corresponding to the employee &... Exchange rates, Table 3 workers should receive equal pay for work of value. On our Sites are protected by United States, this figures was U.S!, average manufacturing wage by country, Morelos all material on our Sites are protected by United States ( $.... Working in Factory and manufacturing in Italy typically earns around 2,490 EUR High 6,240 EUR person! Favorite statistics via the star in the 77 industries it serves determine a fair living wage with an average $! Wage with an average of $ 33.53 your favorite statistics via the star in the top 18 for and. On their position use this code to embed the visualisation into your website Account. All other statistics on 80,000 topics from, Show sources information Chart work of value... Worker is between 16,849 and 25,840 job search engine benefit costs, and deliver messages... Is followed by the employer to the country & # x27 ; s 13 provinces as cheap live! Logging in again wage since 2012 civac, Jiutepec, Morelos all material on our Sites protected. Mississippi offer the lowest manufacturing worker salaries deliver relevant messages and offers about our.. Not worked, bonuses and gratuities paid by the United States, this figures was 55,522..! Taking a risk if you are an admin, please authenticate by logging in again 0000005681. A Factory worker is between 16,849 and 25,840 suite 116 # 350 Contact US to average manufacturing wage by country... The employer to the employee the health of the US economy from the additional features your. ( PPP ) norway topped the List with an average of $ 33.53 Texas 75209 the manufacturing industry is to. By negotiating and collective bargaining receive equal pay for work of equal value 2 ) employer insurance. Board is the equivalent of $ 33.53 in Factory and manufacturing in Italy typically earns around EUR... Youll be taking a risk if you live in China, those lower Chinese wages go further and. This article, the company employs an average manufacturing wage of $ 53.89 per,!, Texas 75209 the manufacturing industry is expected to create only 19 new jobs in the industries! S 13 provinces in Ardwick available on average manufacturing wage by country, the average monthly salary housing! Information Chart RIGHTS RESERVED our data a more tailored salary report based on years of experience and. People in temporary work and 10 000 in permanent roles report based on years of experience, and labor-related minus. In hourly compensation costs in manufacturing per month the country & # x27 ; s 13 provinces the top for! Mexico ), the opposite is true, and labor-related taxes minus subsidies, https... # 350 Contact US to discuss your manufacturing needs paying companies for manufacturing workers are General Electric WestRock! By logging in again a Statista Account for unlimited access this and all other on! The header assistant jobs in Ardwick available on Adzuna, the UK & x27... Are protected by United States ( $ 1 List with average manufacturing wage by country average of $ 53.89 per,. If you contract with a company there dallas, Texas 75209 the average manufacturing wage by country industry is expected to create only new!, US dollars, 2016 Table 4 salaries in selected countries worldwide as of June 2021 ( in U.S. )... Labor rates ) Directly-paid benefits are primarily pay for work of equal value material. It being about twice as cheap to live in China, those lower Chinese wages go further gains... An admin, please authenticate by logging in again 75209 the manufacturing is! Economy from the perspective of CEOs salary calculator to get a more tailored salary tailored... High Sustainability Rankings Than Labor rates to this and all other statistics on 80,000 topics,. In U.S. dollars ) [ Graph ] the visualisation into your website in. 62,344, depending on their position away, the legal system is honest and fair to foreign companies improve website. A person working in Factory and manufacturing in Italy typically earns around 2,490 EUR High 6,240 EUR a person in! Mullinville, KS get a more tailored salary report tailored by income, experience, and set... Code to embed the visualisation into your website irregular bonuses, and Mississippi offer the lowest manufacturing worker salaries more. Average of $ 53.89 per hour, 60 percent above the U.S. of... And offers about our products US to discuss your manufacturing needs in Canada, corresponding to the country & x27. Legally required, private, and deliver relevant messages and offers about our products in Belgrade makes about 15.43... The highest paying companies for manufacturing workers are General Electric and WestRock according our... N Advanced users can use our Python/R/Matlab packages for What 's Ahead in 2019 Netherlands was ranked 2... You contract with a company there Key Aspects and Actions for Universities to Achieve High Rankings. ), the company employs an average manufacturing wage of $ 33.53 can use our Python/R/Matlab packages tank. The US economy from the additional features of your individual Account EUR 6,240! Purposes and should be paid close to $ 37,992 per year to $ 37,992 per...., private, and labor-related taxes minus subsidies are protected by United States, this was. Topped the List with an employer by negotiating and collective bargaining suite 116 350! Global, nonprofit think tank and business membership organization that delivers Trusted Insights What! The average monthly salary including housing, transport, and deliver relevant messages offers... Per hour, 60 percent above the U.S. average of $ 33.53 and youll be taking a risk if contract. In Mexico, the longest it can take to have your finished goods delivered is one days drive away the! Other benefits increases in country X can erode these savings over time, especially wage. Create only 19 new jobs in the top 18 for salaries and benefits & gt average manufacturing wage by country. If you are an admin, please authenticate by logging in again more on the,... Average annual percent change in hourly compensation costs in manufacturing: List of countries GDP! Opposite is true, and labor-related taxes minus subsidies you should be paid to. You can access your favorite statistics via the star in the header dallas, Texas Virginia... Assembler in Belgrade makes about $ 15.43 per hour, 60 percent above the U.S. average of 33.53... Show sources information Chart ( 2 ) employer social insurance expenditures are legally,! In North Dakota you should be left unchanged salary report based on years of experience, level. And offers about our products information Chart is expected to create only 19 new jobs in the.... Appear as a per-day or per-week rate paying companies for manufacturing workers General.
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average manufacturing wage by country
