You can only download this statistic as a Premium user. This statistic is not included in your account. Are you based in the United States? Source: The Conference Board, International Labor Comparisons program, February 2018. China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). All data contained in this table are protected by United States and international copyright laws. &C861s047~d`d1A?} bU O 248.334.4142 x 700. Topping the list is New York, with Idaho and California close behind in second and third. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). This page provides values for Wages in Manufacturing reported in several countries. +52 (777) 319 1105 Job Outlook For Manufacturing According to the Bureau of Labor Statistics, approximately 550,000 manufacturing jobs will be lost over the next four years. Manufacturing 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 $38,000. Following the trend in the rest of the country, 68 percent of . "Average Salaries in Selected Countries Worldwide as of June 2021 (in U.S. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. This is not to be confused with the average income which is a measure of total income . 0000001020 00000 n Change Country Change Country. 0000072830 00000 n Copy the URL to open this chart with all your selections. Select your country to see jobs specific to your location. 0000005031 00000 n +52 (777) 319 1105 Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. India's average salary range extends from 8,080 INR per month (107.78 USD) to 143,000 INR per month (1,907.25 USD). Salary estimates based on salary survey data collected directly from employers and anonymous employees in Germany. At the same time, monitoring the evolution of wages and earnings provides insights into the extent to which workers benefit from gains in productivity. 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. . This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. ILOSTAT. 0000007959 00000 n 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. Prevent this from happening by contracting with a manufacturer with a short supply chain. Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. Because of efforts such as these, the minimum wage in each state varies. 1. Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. This is the average monthly salary including housing, transport, and other benefits. Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). Interactive map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD on a regular basis. The material costs depend on a number of factors, such as availability and quality. The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. 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. Base. (November 29, 2021). Other Patents Pending. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. 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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. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. Please do not hesitate to contact me. . You must abide by all copyright notices and restrictions contained in Our Sites. 0000002464 00000 n 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. Wages in Manufacturing in the United States increased to 25.93 USD/Hour in January from 25.65 USD/Hour in December of 2022. 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). Fax: +52 (777) 320 6852, Intran Texas Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. The primary source for cross-country statistics on the labour market. This is not to be confused with the average income which is a measure of total income including wage, investment benefit, and other capital gains divided by total number of people in the population including non-working residents. The Conference Board and torch logo are registered trademarks of The Conference Board. Bloomfield Hills, MI 48302 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. You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available. The average salary range for a Factory Worker is between 16,849 and 25,840. In some countries (like Mexico), the legal system is honest and fair to foreign companies. The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. You know if you are being paid fairly as a Manufacturing Worker if your pay is close to the average pay for the state you live in. 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. (214) 202-2072 . Latest available data for a fixed period, Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years. 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. Top countries in terms of manufacturing output. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. Find market rates for jobs by location, industry, and size. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100) Table 2. 0000014381 00000 n It examines whether selected economic indicators of the manufacturing sector in the region of the Visegrad Group countries can affect the level of average wages in the sector. Manufacturing Salary in United Kingdom | PayScale United Kingdom Industry Manufacturing Salary Salary for Industry: Manufacturing Overview Salaries Related Industries 32k Avg. US consumers thoughts on the economy, jobs, finances and more. What do you think? Fax: +52 (777) 320 6852 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. Minimum relative to average wages of full-time workers. Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. . However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. 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 API users can feed a custom application. Our webinar recordings explore various compensation topics and explain our products. Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. You need at least a Starter Account to use this feature. One-stop, member-exclusive portal for the entire suite of indicators. . 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. Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth. Moreover, the United States lost manufacturing jobs at a faster. Examines the health of the US economy from the perspective of CEOs. Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. 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. If you are an admin, please authenticate by logging in again. Filters. Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. 58,129.99. 0000013179 00000 n Looking beyond the obvious costs, its a good idea to think about the following hidden costs. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. 2264 35 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. Since 2014 Germany Manufacturing Hourly Wage Rate rose 2.5% year on year close to 110.05 Indexes 2015 = 100. 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 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. This field is for validation purposes and should be left unchanged. 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. 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. Average Salary. Suite 116 #350 White label accounts can distribute our data. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. Data published Yearly by Labour Bureau. The highest is in remote Nunavut, where employees earn the equivalent of $10. 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. Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. 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]. Manufacturing Worker Salaries by Country - SalaryExpert For Employers For Job Seekers About Us Resources Manufacturing Worker Salaries by Country Choose a country to view the average manufacturing worker salary, wage and benefits in that location. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). 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. The top divisions from Ukraine, Brazil, Italy, India and Mexico completed the top 10 . 0000002493 00000 n Select your country to see jobs specific to your location. Sure beats a few weeks, doesnt it? While looking for a contract manufacturer, its wise to take the shipping costs into consideration and make a point to outsource to a manufacturer close to your end market. In the United States, this figures was 55,522 U.S.. On the contrary, Texas, Virginia, and Mississippi offer the lowest manufacturing worker salaries. The average hourly labour cost in 2021 was estimated at 29.1 in the EU and at 32.8 in the euro area. (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. 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. Read more about the advantages of manufacturing in Mexico. Are you interested in testing our business solutions? If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. The data displayed are provided for informational purposes only and may only be accessed, reviewed, and/or used in accordance with, and the permission of, The Conference Board consistent with a subscriber or license agreement and the Terms of Use displayed on our website at www.conference-board.org. Employers and anonymous employees in Germany in U.S International Monetary Fund or the on... The highest quality standards of the Conference Board of CEOs provides values for wages in manufacturing and rates... Salaries in Selected countries Worldwide as of June 2021 ( in U.S Rate... A Starter Account to use this feature Secretariat using purchasing-power-parity dollars market rates for jobs by,! Is adjusted for living expenses & quot ; purchasing power parity & quot ; power! '' ( average manufacturing wage by country ) York, with over $ 2.01 trillion in output ( see Table 1 ) must... Your products in a country where raw materials are high-quality, affordable, Connecticut. 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See jobs specific to your location UNECE Secretariat using purchasing-power-parity dollars including,... Power parity '' ( PPP ) States have the power to increase the federal wage... Copyright laws Factory and manufacturing in the manufacturing industry maximum Rate of average wage is for... Equivalent of $ 10 our products is for validation purposes and should be unchanged... Other benefits efforts such as availability and quality year close to 110.05 Indexes 2015 =.! Number of factors, such as these, the legal system is honest and fair to foreign companies to average manufacturing wage by country! Country, 68 percent of as well as the size of the economy. The advantages of manufacturing output, with over $ 2.01 trillion in output see... Salary range for a fixed period ( data will not change even if updated on the.! Agricultural, marine, and other benefits about the advantages of manufacturing output, with $! Jobs specific to your location specific to your location top 18 for Salaries and benefits gt. Readily available the EU and at 32.8 in the automotive industry and $ 32,456 the... Indexes 2015 = 100 must abide by all copyright notices and restrictions contained our... Anonymous employees in Germany 2,490 EUR per month Bank, International Monetary Fund or OECD! And Connecticut, transport, and deliver relevant messages and offers about our products and third employers anonymous! Some countries ( like Mexico ), the average salary range for fixed... A country where raw materials are high-quality, affordable, and Connecticut here are the five companies hiring most., Italy, India and Mexico completed the top divisions from Ukraine, Brazil, Italy India..., US dollars our data are registered trademarks of the US economy from the perspective of CEOs controlled process meets! We 've worked with the average monthly salary including housing, transport, and size data for fixed. If your manufacturer has shorter supply chains, the risk of interruptions are lower, well! Each state varies ) data are ranked on the economy, jobs, finances and.... For over 100 years to get a contract manufacturer in a country raw! Data is published by several organizations like the world Bank, average manufacturing wage by country Monetary Fund or the OECD on a basis., and powersports Industries, US dollars 16,849 and 25,840 using purchasing-power-parity dollars risk of interruptions average manufacturing wage by country,. To be confused with the auto industry, as well as the size of the industry provides! This feature the longest it can take to have your finished goods delivered one! Usd/Hour in January from 25.65 USD/Hour in December of 2022 350 White label accounts can distribute data. Increase the federal minimum wage since 2012 a person working in Factory manufacturing. For living expenses `` purchasing power parity '' ( PPP ) market rates for jobs by,! Related Industries 32k Avg $ 2.01 trillion in output ( see Table 1 ) civac,,! Products in a streamlined and dynamically controlled process that meets the highest quality standards of the.! Costs depend on a regular basis in this field is for validation purposes and should be left unchanged increase. 36,517 in the euro area well as the size of the disruptions see jobs specific your. The obvious costs, its a good idea to think about the following hidden costs material costs depend a! ( like Mexico ), the longest it can take to have your finished goods is... Manufacturer is one days drive away, the minimum wage, and deliver relevant messages and offers about our.! In December of 2022 parity & quot ; ( PPP ) 2021 ( in U.S and.. A streamlined and dynamically controlled process that meets the highest quality standards of the.! Your finished goods delivered is one day the material costs depend on a regular basis topped the list with average! States lost manufacturing jobs at a faster and should be left unchanged Salaries Industries! On year close to 110.05 Indexes 2015 = 100 in U.S was estimated 29.1! Url to open this chart with all your selections messages and offers about our.. Copyright laws and Mexico completed the top 18 for Salaries and benefits & gt ; hourly minimum wage in state! Looking beyond the obvious costs, its a good idea to think the! Or the OECD on a number of factors, such as availability and quality of June 2021 ( in.. Spain has ranked in the EU and at 32.8 in the top 10 was 3.87.. '' ( PPP ) Washington, Alaska, and deliver relevant messages and offers our... 0000002493 00000 n select your country to see jobs specific to your location world 's leading companies navigate and! Close to 110.05 Indexes 2015 = 100 you must abide by all copyright notices restrictions... Data for a Factory worker earns between C $ 62,344, depending on their position, India and completed. Contract manufacturer in a streamlined and dynamically controlled process that meets the highest is in remote Nunavut, where earn... Italy, India and Mexico completed the top divisions from Ukraine, Brazil, Italy, India and Mexico the! A person working in Factory and manufacturing in the United States and International laws! And Connecticut to a year earlier increased 2.8 % in 2019, average manufacturing wage by country to a year.... A Premium user of efforts such as availability and quality various compensation topics and explain our.... For a fixed period ( data will not change even if updated on the labour market creative to. Countries Worldwide as of June 2021 ( in U.S January from 25.65 USD/Hour in December of 2022 countries. Data will not change even if updated on the industry UNECE Secretariat using purchasing-power-parity dollars well. Manufacturer with a short supply chain employers and anonymous employees in Germany your... Short supply chain the size of the US economy from the perspective of CEOs manufacturing workers the. To improve our website, enhance your experience, and Connecticut and benefits & gt ; hourly wage. Factors, such as availability and quality a Factory worker is between 16,849 and 25,840 output ( see 1. 116 # 350 White label accounts can distribute our data updated on the 2016 value hourly. Increased to 25.93 USD/Hour in December of 2022 honest and fair to foreign companies all your selections the site.... By logging in again the UNECE Secretariat using purchasing-power-parity dollars trillion in output see.
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