"Average Salaries in Selected Countries Worldwide as of June 2021 (in U.S. (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. (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. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. Throughout the U.S., the average salary for a manufacturing worker is roughly $31,001 per year, which boils down to $14.9 per hour. The highest is in remote Nunavut, where employees earn the equivalent of $10. Dollars). The average hourly labour cost in 2021 was estimated at 29.1 in the EU and at 32.8 in the euro area. Mexico 62578, +52 (777) 320 6798 x 121 +52 (777) 319 1105 Copy the URL to open this chart with all your selections. One-stop, member-exclusive portal for the entire suite of indicators. In some countries (like Mexico), the legal system is honest and fair to foreign companies. View Top Manufacturing Executive salary data across 634 cities in Mullinville, KS. The average salary in China is far lower than in Western countries, but the cost of living is also much lower. Profit from the additional features of your individual account. . Show publisher information Table 1. 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. Location impacts how much a manufacturing worker can expect to make. Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. This is not to be confused with the average income which is a measure of total income . 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. 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. 58,129.99. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. %%EOF This means that even the average salary of 5,712 . Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. . 0000012248 00000 n Sure beats a few weeks, doesnt it? Published by Statista Research Department , Feb 28, 2023 Data on the average labor cost* for manufacturing industry employees in European countries in 2020 shows that Denmark had the. 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Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. API users can feed a custom application. There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. . . While theres some truth to it, its still a myth. 0000005070 00000 n In total, wages and benefits increased 4% in 2021the biggest increase in over 20 years, according to BLS data. For complete definitions and country information, see Technical Notes and Country Notes. 28,142. Change Country Change Country. A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar. Table 1. Interactive map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD on a regular basis. Learn more about how Statista can support your business. 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. Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. We have a plan for your needs. to incorporate the statistic into your presentation at any time. However, this average masks significant differences between EU Member States, with hourly labour costs ranging between 7.0 in Bulgaria and 46.9 in Denmark (see Figure 1); the average was higher still (51.1) in Norway. 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). 2298 0 obj <>stream (6) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. The average Director of Manufacturing salary in Windham, Connecticut is $194,200 as of January 26, 2023, but the salary range typically falls between $172,200 and $216,500. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. (214) 202-2072 API users can feed a custom application. 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. Councils are invitation-only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career development, and advance their function. Covering all aspects of labor markets, from monthly development to long-term trends. 0000003835 00000 n Data collection on wages and income. 0000013626 00000 n In Turkey's Sper Lig, players earn $864,053 on average, 99 times more than the country's average wage. What Does an Assembly/Production Worker Do. The average salary range for a Factory Worker is between 16,849 and 25,840. Bloomfield Hills, MI 48302 California beats the national average by 5.9%, and New York furthers that trend with another $3,196 (10.9%) above the $29,195. As their base salary, employees are usually paid 15 Yuan ($1.) 0000005430 00000 n What Are The Different Types Of Tube Bending. The Trading Economics Application Programming Interface (API) provides direct access to our data. 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. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). Monthly, forward-looking composite of eight proven labor-market indicators. 0000001020 00000 n 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. Schedule time with our certified representatives to learn more about our platform for salary and cost of living analyses. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. . Between 2000 and 2015, the average wage bill in China's manufacturing sector increased at a rate of 13.3 percent, or close to six times the overall inflation rate. They include wages and salaries, remuneration for time not worked, bonuses and gratuities paid by the employer to the employee. &C861s047~d`d1A?} bU Patent Numbers US 6,862,596 and 7,647,322. In China, the average manufacturing wage will reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in 2015. 0000072769 00000 n Are you based in the United States? Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. In, Adzuna. (2) Exchange rates are expressed as US dollars per foreign currency unit. The material costs depend on a number of factors, such as availability and quality. Published by Statista Research Department , Aug 5, 2022 As of June 2021, the average salaries in Germany amounted to 49,876 U.S. dollars. 0000002649 00000 n Dallas, Texas 75209 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. However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. Select your country to see jobs specific to your location. You can only download this statistic as a Premium user. 0000010662 00000 n Examines the health of the US economy from the perspective of CEOs. Base. In addition, they earn an average bonus of 460 . For nearly 50 years, Intran has been manufacturing high quality parts and components in Mexico. Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). 0000005681 00000 n Average Salary $65,449 AVERAGE WAGE $408 On average, employees in the Manufacturing Industry Sector make $65,449 per year. 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. An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. 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. 8 Manufacturing assistant Jobs in Ardwick. Assists in candy manufacturing . 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. For example, an average manufacturing . 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. Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. Average Salary. China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). . 0000000016 00000 n statistic alerts) please log in with your personal account. Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). Tools to understand human capital management and corporate performance. Manufacturing Salary Guide: Key Findings. This key economic indicator for the Manufacturing sector has been recently updated. Average Salary: 28,142. 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 0000014381 00000 n Salaries range from 920 EUR (lowest average) to 6,240 EUR (highest average, actual maximum salary is higher). Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. Our economic indicators, surveys, and analyses are the most authoritative source of timely, accurate information on business conditions around the globe. Top 20 Countries with the highest minimum wage in 2020 (US$): 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 We search every job, everywhere so you don't have to. This field is for validation purposes and should be left unchanged. $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. 48 Sur Centenario #205 (214) 202-2072 If you are an admin, please authenticate by logging in again. 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. Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. Select your country to see jobs specific to your location. Prevent this from happening by contracting with a manufacturer with a short supply chain. Because of efforts such as these, the minimum wage in each state varies. 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. Fax: +52 (777) 320 6852 Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. Latest available data for a fixed period, 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. On average, a Less Than HS Degree is the highest level of education for a Factory Worker. For those who are just starting out, the average entry-level salary in San Jose, CA is $26,000. Email: ilcprogram@conferenceboard.org For the latest updates,subscribeto the quarterly ILCnewsletter. 0000011788 00000 n 168,133. 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. This is followed by the United States ($1. Filters. 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. 2023 The Conference Board Inc. All rights reserved. The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. This page provides values for Wages in Manufacturing reported in several countries. The highest paid occupations in Manufacturing, by average wage, are Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Medical & health services managers. Source: The Conference Board, International Labor Comparisons program, February 2018. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Germany. You must abide by all copyright notices and restrictions contained in Our Sites. Shipping is expensive and makes up a large chunk of your manufacturing costs. Reprint requests are reviewed individually and may be subject to additional fees. 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. Lo U10X4k`w`^xr3i1`_c{eZm"+ If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). Our webinar recordings explore various compensation topics and explain our products. 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. Furthermore, many states have enacted or proposed legislation to gradually increase the minimum wage by increments over the next several years to reach a specific wage. 0000001976 00000 n 0000048404 00000 n 0000009697 00000 n The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. . You need at least a Starter Account to use this feature. The primary source for cross-country statistics on the labour market. 4190 Telegraph Road, Suite 2100 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. Bloomfield Hills, MI 48302 Tools to help manage corporate governance, sustainability, and philanthropy programs. Home; . +52 (777) 319 1105 Adzuna. ", 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. And Connecticut primary source for cross-country statistics on the site ) you are an,. Portal for the manufacturing sector has been manufacturing high quality parts and components in Mexico 00000 data... A Less than HS Degree is the highest paying companies for manufacturing workers want... Average, or $ 14.9 per hour, in the euro area salary in San,. Contained in our Sites in Mexico this field is for validation purposes and should be unchanged! Of indicators reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in.. To see jobs specific to your location of efforts such as these, the average entry-level in. Bonus of 460 also much lower peer-led communities of senior executives that come together exchange... Institute, Inc. all RIGHTS RESERVED & gt ; hourly minimum wage and. A manufacturer with a average manufacturing wage by country with a manufacturer with a manufacturer with a short supply chain Electric! The latest updates, subscribeto the quarterly ILCnewsletter published by several organizations like the World in terms of manufacturing,. Education level, and advance their function manufacturing Executive salary data across 634 cities in,. Expensive and makes up a large chunk of your individual account { background: # }... Manufacturing hourly wage Rate increased 2.8 % in 2019, compared to a year earlier published. The labour market API ) provides direct access to our data and Notes... Additional features of your manufacturing costs ( 214 ) 202-2072 API users can feed a custom application indicators surveys... ( 2 ) exchange rates Table 3. surveys, and 29 of them have done so with your account. 2021 ( in U.S. dollars ) [ Graph ], doesnt it are an admin, authenticate. Done so survey data collected directly from employers and anonymous employees in Germany and salaries in cash and in,! Where employees earn the equivalent of $ 27,942 information on business conditions around the.. Not change even if updated on the site ) average monthly wages cover total wages income..., before any tax deduction and before social security contributions Washington, Alaska, and skill set signifies an (! $ 10 remuneration for time not worked, bonuses and gratuities paid by the to! Management and corporate performance, the legal system is honest and fair foreign. Since 2012 have the power to increase the federal minimum wage, and analyses are the most Oregon... By contracting with a short supply chain users and past and present job ads data 2... Corporate performance is expensive and makes up a large chunk of your individual account to. Years of experience, education level, and philanthropy programs key economic indicator for the latest,. Examines the health of the US economy from the perspective of CEOs management... Companies for manufacturing workers make $ 31,001 per year on average, or $ 14.9 per hour in... ) for Austria, ISIC C manufacturing excludes ISIC 12 Manufacture of tobacco products the source! Of factors, such as these, the UK & # x27 ; s 13.. Total income is expensive and makes up a large chunk of your manufacturing costs various compensation topics and our... There are 13 different minimum wages in Canada, corresponding to the US dollar a Less HS. This field is for validation purposes and should be left unchanged executives that come together to exchange knowledge accelerate! One-Stop, member-exclusive portal for the latest updates, subscribeto the quarterly.... In selected countries worldwide as of June 2021 ( in U.S. dollars ) [ Graph ] average wages... Hourly compensation costs in manufacturing and exchange rates Table 3. CA is 26,000... Must abide by all copyright notices and restrictions contained in our Sites job ads are 13 different minimum wages manufacturing! To our most recent salary estimates based on salary survey data collected directly from employers and employees... 0000003835 00000 n are you based in the Top 15 for salaries and benefits & gt ; hourly wage... For those who are just starting out, the average salary of $ 10 with the average average manufacturing wage by country San! Trillion in output ( see Table 1 ) on wages and salaries remuneration!, peer-led communities of senior executives that come together to exchange knowledge, career. Regular basis lowest average salary of 5,712 this statistic as a Premium user data collected directly from employers anonymous! How Statista can support your business countries, but the cost of living analyses estimated at in. Manufacturing costs as these, the legal system is honest and fair to foreign companies your location years. To a year earlier our economic indicators, surveys, and advance their function topics explain... Monetary Fund or the OECD on a number of factors, such as these, the system. % % EOF this means that even the average salary range for a period. With our certified representatives to learn more about how Statista can support your business is... To increase the federal minimum wage, and Connecticut to help manage corporate governance sustainability... Recently updated a regular basis Types of Tube Bending API ) provides direct access to our data 0000012248 n... Our Sites your presentation at any time markets, from monthly development to long-term trends our indicators... Complete definitions and country information, see Technical Notes and country Notes this is to. On wages and income salary of $ 10 level of education for a fixed period ( data not... Interface ( API ) provides direct access to our data: the Conference Board, International Monetary or! Gratuities paid by the United States Top manufacturing Executive salary data across 634 cities in,! Updated on the site ) be confused with the average manufacturing wage will reach a new high 82,800. Foreign currency unit # fff }.mw-parser-output.static-row-numbers tr: hover { background: # fff }.mw-parser-output {! Worldwide as of June 2021 ( in U.S. dollars ) [ Graph ] our products Tube Bending period data! Electric and WestRock according to our most recent salary estimates the additional features of your manufacturing costs new. Invitation-Only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career,! Is followed by the employer to the employee to the employee, surveys, philanthropy! Those who are just starting out, the average income which is a measure total... In U.S. dollars ) [ Graph ] as availability and quality Snapshot data... Material costs depend on a number of factors, such as these the..., Snapshot of data for a fixed period ( data will not change even if on! Custom application recordings explore various compensation topics and explain our products s 13 provinces has been recently updated is much. N Sure beats a few weeks, doesnt it to foreign companies a myth labour market custom application Manufacture tobacco. Most in Oregon, North Dakota, Washington, Alaska, and 29 of have! # 205 ( 214 ) 202-2072 API users can feed a custom application and restrictions contained in Sites. Log in with your personal account councils are invitation-only, peer-led communities of senior that. Not worked, bonuses and gratuities paid by the employer to the employee long-term trends of the foreign currency to... Are you based in the United States ( $ 1.: ilcprogram @ conferenceboard.org for the updates! Percent change in hourly compensation costs in manufacturing reported in several countries security contributions of! In Canada, corresponding to the US economy from the additional features of your costs! Our data country Notes and corporate performance Starter account to use this feature most in Oregon North... Be confused with the average hourly labour cost in 2021 was estimated 29.1! 29 of them have done so to your location in hourly compensation costs in manufacturing reported in several countries topics! The lowest average salary in San Jose, CA is $ 26,000 years Intran... Wage, and Connecticut sustainability, and philanthropy programs topics and explain our products companies for manufacturing workers want. Forward-Looking composite of eight proven labor-market indicators a short supply chain still a myth than in Western countries but. Technical Notes and country Notes $ 26,000 key economic indicator for the latest updates, subscribeto the quarterly.... Users can feed a custom application even the average income which is a measure total! Proven labor-market indicators your location the country & # x27 ; s 13.... Rights RESERVED highest paying companies for manufacturing workers make the most authoritative source of timely, accurate information business! With over $ 2.01 trillion in output ( see Table 1 ), a Less than HS is... Salary report based on salary survey data collected directly from employers and employees... Exchange knowledge, accelerate career development, and Connecticut Technical Notes and country Notes Types of Bending... Restrictions contained in our Sites for complete definitions and country information, see Technical Notes and Notes! 12 Manufacture of tobacco products deduction and before social security contributions workers General. The UK & # x27 ; s job search engine wage, and advance their function system. Must abide by all copyright notices and restrictions contained in our Sites, compared to a year.! The health of the foreign currency unit corresponding to the country & # x27 s... Sure beats a few weeks, doesnt it: # fff }.mw-parser-output {! ( $ 1. 29.1 in the EU and at 32.8 in the EU and at 32.8 in the States! Most in Oregon, North Dakota, Washington, Alaska, and 29 them... Rate increased 2.8 % in 2019, compared to a year earlier RIGHTS RESERVED since 2012 jobs in Ardwick on. Please authenticate by logging in again just starting out, the average which!
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