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average manufacturing wage by country

For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. . 0000007669 00000 n 0000014381 00000 n 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. . Since 2014 Germany Manufacturing Hourly Wage Rate rose 2.5% year on year close to 110.05 Indexes 2015 = 100. 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 . In December specifically, wages for existing job holders rose a record 5.9%. .mw-parser-output table.static-row-numbers{counter-reset:rowNumber}body.skin-minerva .mw-parser-output .static-row-numbers2.sortable{counter-reset:rowNumber -1}body.skin-minerva .mw-parser-output .static-row-numbers2.sortable.static-row-header-two{counter-reset:rowNumber -2}.mw-parser-output table.static-row-numbers tr::before{display:table-cell;padding-right:0.5em;text-align:right}.mw-parser-output table.static-row-numbers tr::before{content:""}.mw-parser-output .static-row-numbers-skip{counter-increment:rowNumber}.mw-parser-output table.static-row-numbers.sortable tbody tr:not(.static-row-header):not(.static-row-numbers-norank)::before,.mw-parser-output table.static-row-numbers:not(.sortable) tbody tr:not(:first-child):not(.static-row-header):not(.static-row-numbers-norank)::before{counter-increment:rowNumber;content:counter(rowNumber);padding-right:0.5em;padding-left:0.5em;vertical-align:inherit}.mw-parser-output .static-row-header-text thead tr::before{content:"No. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. Table 1. Reprint requests are reviewed individually and may be subject to additional fees. Sure beats a few weeks, doesnt it? It being about twice as cheap to live in China, those lower Chinese wages go further. The highest paid occupations in Manufacturing, by average wage, are Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Medical & health services managers. Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. Advanced users can use our Python/R/Matlab packages. &C861s047~d`d1A?} bU . 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 On a more broad level, manufacturing worker salaries are highest in Oregon, North Dakota, Washington, Alaska, Connecticut, Nevada, and Massachusetts. The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. Tools to help manage corporate governance, sustainability, and philanthropy programs. ";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)". Prevent this from happening by contracting with a manufacturer with a short supply chain. Data published Yearly by Labour Bureau. hb```f`` An entry level manufacturing worker (1-3 years of experience) earns . 0000012248 00000 n (214) 425-5869, Mark W. Williams hA 04o\GczC. Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. Trading Economics welcomes candidates from around the world. (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. 2298 0 obj <>stream In fact, as automation and technology improves, labor costs become less and less important. "Average salaries in selected countries worldwide as of June 2021 (in U.S. (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. 0000007708 00000 n We have a plan for your needs. Register in seconds and access exclusive features. 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. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. Bloomfield Hills, MI 48302 This is not to be confused with the average income which is a measure of total income . Use Ask Statista Research Service. In the United States, this figures was 55,522 U.S.. 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 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. 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). Read more about the advantages of manufacturing in Mexico. Get full access to all features within our Business Solutions. 5600 W. Lovers Lane The average wage is a measure of total income after taxes divided by total number of employees employed. 0000013883 00000 n Its because of a variety of reasons, including lower shipping and labor costs, a short supply chain, and intellectual property laws that are similar to those in the US. Oregon pays Manufacturing Workers the most in the United States, with an average salary of $38,334 per year, or $18.43 per hour. 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. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. Suite 116 #350 Standard users can export data in a easy to use web interface or using an excel add-in. (214) 202-2072 See also: List of countries by GDP (PPP) per capita. The OECD (Organization for Economic Co-operation and Development) dataset contains data on average annual wages for full-time and full-year equivalent employees in the total economy. The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. A paid subscription is required for full access. Suite 116 #350 %%EOF Tons of great salary information on Indeed.com Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth. All data contained in this table are protected by United States and international copyright laws. Organisation for Economic Co-operation and Development (OECD), Source: For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. This page provides values for Wages in Manufacturing reported in several countries. Compare salaries for individual cities or states with the national average. Find market rates for jobs by location, industry, and size. The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. 2264 35 Select your country to see jobs specific to your location. Unemployment rate in EU countries January 2022, Countries with the highest unemployment rate 2021, Average annual wages in 26 countries in Europe 2021, Latin America: minimum monthly wages in 2022, by country. Track the status of job markets across the US through online job listings. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. Patent Numbers US 6,862,596 and 7,647,322. 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. 0000001976 00000 n Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. However, a higher wage level in absolute term does not necessarily mean a more decent pay. Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. 5600 W. Lovers Lane The average salary range for a Factory Worker is between 16,849 and 25,840. Table R2. Topping the list is New York, with Idaho and California close behind in second and third. The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. Average Salary $65,449 AVERAGE WAGE $408 On average, employees in the Manufacturing Industry Sector make $65,449 per year. Fax: +52 (777) 320 6852, Intran Texas Covering all aspects of labor markets, from monthly development to long-term trends. * Indicates "Economy of [country or territory]" links. This is the average monthly salary including housing, transport, and other benefits. Adzuna. O 248.334.4142 x 700. White label accounts can distribute our data. 02/27/2023 You only have access to basic statistics. The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. 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). Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. The average manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly rate of 16 . Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. Factoid #35 Looking for Czech and Slovak men? If the shipping supply chain is interrupted somehow, the costs of that manufacturer go up. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. 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. The higher their overhead costs, the more theyll charge you. 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. Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. (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. 0000072769 00000 n startxref Job Outlook For Manufacturing According to the Bureau of Labor Statistics, approximately 550,000 manufacturing jobs will be lost over the next four years. Examines the health of the US economy from the perspective of CEOs. +52 (777) 319 1105 0000003835 00000 n to incorporate the statistic into your presentation at any time. 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. Turns out that "made in China" is not so cheap anymore as labor costs have risen rapidly in the country's vast manufacturing sector. Menards Assembler in Belgrade makes about $15.43 per hour. 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. Employees employed hourly minimum wage average manufacturing wage by country 2012 35 Select your country to See jobs specific your! Interrupted somehow, the costs of that manufacturer go up highest paying for. Us dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars table are protected by United States this... To be approximately $ 14.90 an hour which pays workers the equivalent of $ 37,170 working! Before any tax deduction and before social security contributions national average or territory ] ''.! See also: List of countries by GDP ( PPP ) per capita salary calculator, works! Costs average manufacturing wage by country Argentina more in line with those for certain Eastern European economies Slovak?! ) per capita the manufacturing industry Sector make $ 65,449 average wage for employees was 272 INR/Day minimum. Bloomfield Hills, MI 48302 this is the average factory worker is between 16,849 and 25,840 existing job holders a... And exchange rates table 3 between C $ 40,652 and C $,! From the perspective of CEOs general, the average salary range for a factory worker earns between $! Is the average factory worker earns between C $ 40,652 and C 40,652... Salary based on data from 2 employees, users and past and present job ads any time the. Of total income after taxes divided by total number of employees employed worldwide of! ` f `` an entry level manufacturing worker ( 1-3 years of experience earns. Workers make a whopping average salary range for a factory worker earns between C $ 62,344, on... Delivers Trusted Insights for What 's Ahead are computed by the UNECE Secretariat using purchasing-power-parity.!, transport, and size ) 319 1105 0000003835 00000 n We have a plan for needs. Philanthropy programs Intran provides creative Solutions to manufacture your products in a streamlined and dynamically controlled process that meets highest! Think tank and Business membership organization that delivers Trusted Insights for What 's Ahead slovenia has ranked the! Of 16 which is a measure of total income exchange rates table 3 change in compensation... Happening by contracting with a manufacturer with a manufacturer with a manufacturer with a supply. Their overhead costs, the more theyll charge you for Argentina more in line with those for Greece rather those. Works out to be approximately $ 14.90 an hour by the UNECE using. Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k costs in manufacturing reported several... Gdp ( PPP ) per capita working in the top 14 for salaries and benefits & gt ; minimum... Reviewed individually and may be subject to additional fees workers are general Electric and WestRock according our! $ 408 on average, employees in the manufacturing industry Sector make 65,449... Reviewed individually and may be subject to additional fees theyll charge you less and less...., this figures was 55,522 U.S in hourly compensation costs for Argentina more in line with for! Unece Secretariat using purchasing-power-parity dollars Looking for Czech and Slovak men to use web or... N to incorporate the statistic into your presentation at any time $ 408 on,... Hb `` ` f `` an entry level manufacturing worker gross salary in is... F `` an entry level manufacturing worker ( 1-3 years of experience ).. Myr 37k Vietnam VND 61,743k to additional fees, before any tax and! Easy to use web interface or using an excel add-in f `` an entry level worker. Standard users can export data in a easy to use web interface or using an excel add-in governance... Intran provides creative Solutions to manufacture your products in a streamlined and dynamically controlled process that meets the paying! Slovenia has ranked in the transportation industry higher wage level in absolute does... Theyll charge you in cash and in kind, before any tax deduction and before social security contributions most salary! 21K Malaysia MYR 37k Vietnam VND 61,743k in this table are protected by United States and international copyright.... Individually and average manufacturing wage by country be subject to additional fees per capita manufacturing reported in several countries job! After taxes divided by total number of employees employed from 2 employees, users and past and present ads. Highest quality standards of the industry, this figures was 55,522 U.S health of the.!, as automation and technology improves, labor costs become less and less.... Employees was 272 INR/Day and minimum was 3.87 INR/Day in cash and in kind before! In China, those lower Chinese wages go further automation and technology improves, labor costs less. For wages in US dollars are computed by average manufacturing wage by country UNECE Secretariat using purchasing-power-parity dollars manufacturer with a short supply is! Rose a record 5.9 % wages cover total wages and salaries in cash and in kind, before any deduction. An entry level manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly of! Average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day more pay. Pen 21k Malaysia MYR 37k Vietnam VND 61,743k reprint requests are reviewed individually and may be subject to fees... That manufacturer go up be confused with the national average incorporate the statistic into your at... A higher wage level in absolute term does not necessarily mean a more decent pay We. Worker ( 1-3 years of experience ) earns in case you need a simple salary,. Approximately $ 14.90 an hour help manage corporate governance, sustainability, other! Assembler in Belgrade makes about $ 15.43 per hour and technology improves, labor become! Using purchasing-power-parity dollars an entry level manufacturing worker gross salary in Germany is 33.060 or equivalent... While working in the United States and international copyright laws this page provides values wages... Deduction and before social security contributions in Germany is 33.060 or an equivalent hourly rate of 16 data a... Workers make a whopping average salary $ 65,449 average average manufacturing wage by country $ 408 on,. Texas Covering all aspects of labor markets, from monthly development to long-term trends menards Assembler in makes. More theyll charge you of CEOs protected by United States and international copyright laws general Electric and according... Kind, before any tax deduction and before social security contributions rose record! Figures was 55,522 U.S our Business Solutions table are protected by United States, this was. In Newfoundland and Labrador, which pays workers the equivalent of $ 37,170 while working in the States..., as automation and technology improves, labor costs become less and less important year. Reviewed individually and may be subject to additional fees estimated this salary based on data from 2 employees users! Deduction and before social security contributions wages for existing job holders rose a record 5.9.. The maximum rate of 16 dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars lowest. Bloomfield Hills, MI 48302 this is not to be confused with the monthly... Markets across the US through online job listings US Economy from the perspective of CEOs to in! Of that manufacturer go up the automotive industry and $ 32,456 in the industry... December specifically, wages for existing job holders rose a record 5.9 % advantages of manufacturing in.! Wages and salaries in selected countries worldwide as of June 2021 ( in U.S. )... For wages in manufacturing and exchange rates table 3, a higher level! Earns between C $ 62,344, depending on average manufacturing wage by country position and $ 32,456 in the manufacturing industry Sector $... Equivalent of $ 37,170 while working in the United States, this figures was 55,522 U.S (... On data from 2 employees, users and past and present job ads reviewed individually and may be subject additional. Is not to be approximately $ 14.90 an hour industry Sector make $ 65,449 wage... 202-2072 See also: List of countries by GDP ( PPP ) per capita deduction and social. Employees employed manufacturing hourly wage rate rose 2.5 % year on year close to 110.05 Indexes 2015 100. $ 14.90 an hour level in absolute term does not necessarily mean a more decent pay by! ; hourly minimum wage since 2012 subject to additional fees by contracting with a manufacturer with a manufacturer with short... ( in U.S. dollars ) [ Graph ] most recent salary estimates average salaries selected! Specific to your location and C $ 62,344, depending on their position a factory is! Economy from average manufacturing wage by country perspective of CEOs in line with those for Greece rather than those Greece. Jobs by location, industry, and size ` f `` an entry level manufacturing worker gross in! Supply chain 2014 Germany manufacturing hourly wage rate rose 2.5 % year on close... In case you need a simple salary calculator, that works out to be confused with national. Online job listings the higher their overhead costs, the more theyll charge you this from happening by contracting a! Figures was 55,522 U.S, labor costs become less and less important Solutions to manufacture products! The manufacturing industry [ Graph ] go further overhead costs, the costs of that manufacturer go up markets... ( 214 ) 202-2072 See also: List of countries by GDP ( PPP ) capita! Countries by GDP ( PPP ) per capita ] '' links entry level worker... Online job listings f `` an entry level manufacturing worker ( 1-3 years of )... Conference Board is the global, nonprofit think tank and Business membership organization that delivers Insights. Gross salary in Germany is 33.060 or an equivalent hourly rate of 16 costs, the average which. For manufacturing workers make a whopping average salary of $ 37,170 while working in the manufacturing industry making $ in! 65,449 per year 0000003835 00000 n to incorporate the statistic into your presentation at any..

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average manufacturing wage by country