Sure beats a few weeks, doesnt it? Then you can access your favorite statistics via the star in the header. 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. . Show publisher information Evaluate and optimize the impact of corporate citizenship programs. . This statistic is not included in your account. 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). Register in seconds and access exclusive features. (214) 202-2072 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. In some countries (like Mexico), the legal system is honest and fair to foreign companies. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Advanced users can use our Python/R/Matlab packages. For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. 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. 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. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. 0000001599 00000 n &C861s047~d`d1A?} bU White label accounts can distribute our data. Change Country Change Country. Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. 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. 0000072769 00000 n Examines the health of the US economy from the perspective of CEOs. This is the equivalent of $596/week or $2,582/month. Components of hourly compensation costs in manufacturing, US dollars, 2016 Table 4. Cell: +52 (777) 328 9804, Intran Texas . There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. In addition to Australia, Canada, Italy, and Japan, countries with higher hourly compensation costs were Adzuna. November 29, 2021. None of them are certain, but all of them are possible. Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. In some states, the wages are much higher than in others. The average gross annual wage per full-time employee in the USA was $74,738 in 2021, or around $6,228 per month ($4,648/year more than in the previous year). 02/27/2023 White label accounts can distribute our data. "Average salaries in selected countries worldwide as of June 2021 (in U.S. Civac, Jiutepec, Morelos Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. Minimum relative to average wages of full-time workers. Standard users can export data in a easy to use web interface or using an excel add-in. 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. 0000001020 00000 n 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. See also: List of countries by GDP (PPP) per capita. If you experience technical issues during the application process we have found using a different browser or device in the first instance can be a quick fix.If those don't work please email the Resourcing Hub at recruitment@levellingup.gov.uk with your application and/or CV before the submission deadline. A country's minimum wage is the lowest amount of money that employers in that country are legally allowed to pay their workers for a given unit of work. (6) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. The Conference Board 2018. Suite 116 #350 2298 0 obj <>stream . Salary estimates based on salary survey data collected directly from employers and anonymous employees in Germany. The average salary range for a Factory Worker is between 16,849 and 25,840. Location impacts how much a manufacturing worker can expect to make. The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. Mexico 62578, +52 (777) 320 6798 x 121 Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. Human Capital Benchmarking & Data Analytics. 0000009697 00000 n .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. . 0000015523 00000 n The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. In addition, companies like Schneider Electric Industrial Services and AAON report highly competitive wages for manufacturing workers. You must abide by all copyright notices and restrictions contained in Our Sites. Use this code to embed the visualisation into your website. California beats the national average by 5.9%, and New York furthers that trend with another $3,196 (10.9%) above the $29,195. Chart. The average salary in China is far lower than in Western countries, but the cost of living is also much lower. Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. The average wage is a measure of total income after taxes divided by total number of employees employed. Because of efforts such as these, the minimum wage in each state varies. Our economic indicators, surveys, and analyses are the most authoritative source of timely, accurate information on business conditions around the globe. Read more about the advantages of manufacturing in Mexico. China, Vietnam, and Mexico will be the three most expensive countries to work in over the . ILO Global Wage Database. 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. *NEW Please create an account with The Conference Board for complimentary access to all ILC files. 168,133. In the United States, this figures was 55,522 U.S.. As a Premium user you get access to the detailed source references and background information about this statistic. 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. Get full access to all features within our Business Solutions. 5600 W. Lovers Lane Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. Profit from the additional features of your individual account. For example, if you live in North Dakota you should be paid close to $37,992 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. dollars)." 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. Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. International Minimum Wage Rates 2021 - minimum-wage.org. 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. Patent Numbers US 6,862,596 and 7,647,322. 48 Sur Centenario #205 0000007959 00000 n 0000005031 00000 n The gross average monthly wage estimates for 2017 are computed by converting national currency figures from the UNECE (United Nations Economic Commission for Europe) Statistical Database, compiled from national and international (OECD, EUROSTAT, CIS) official sources. Civac, Jiutepec, Morelos 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. 0000013179 00000 n But what about salary? Oregon pays Manufacturing Workers the most in the United States, with an average salary of $38,334 per year, or $18.43 per hour. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. a,0,` All contract manufacturers have to pay their bills. Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. 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. 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. (214) 202-2072 +52 (777) 319 1105 In 2019 Netherlands was ranked number 2 in Manufacturing . You may not use Our Trademarks in connection with any product or service that does not belong to us nor in any manner that is likely to cause confusion among users about whether The Conference Board is the source, sponsor, or endorser of the product or service, nor in any manner that disparages or discredits us. 28,142. Any applications received after the deadline may not be considered.Job summaryThe . The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. trailer 26,400. 0000012248 00000 n Provides a picture of the regulatory environment of working time, minimum wages and maternity protection in more than 100 countries around the world. All data contained in this table are protected by United States and international copyright laws. Copy the URL to open this chart with all your selections. Table R2. (2) Exchange rates are expressed as US dollars per foreign currency unit. Also, it cant hurt to contract with a manufacturer close in proximity, like Mexico. 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. Minimum relative to average wages of full-time workers. 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. Following the trend in the rest of the country, 68 percent of . One-stop, member-exclusive portal for the entire suite of indicators. 0000002040 00000 n Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. 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). Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. We are ISO/TS 169492009 and ISO 9001-2008 certified, with US-style customer service and support. 0000016620 00000 n * Indicates "Economy of [country or territory]" links. Cell: 248.495.3250 Learn more about how Statista can support your business. A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar. Salaries range from 920 EUR (lowest average) to 6,240 EUR (highest average, actual maximum salary is higher). 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. 2264 35 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. to incorporate the statistic into your presentation at any time. United States . The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. 0000001820 00000 n Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. Find market rates for jobs by location, industry, and size. statistic alerts) please log in with your personal account. 0000013626 00000 n 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. However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. Opponents of minimum wage claim that the higher labor costs will increase inflation and force businesses to raise prices (which reduces the purchasing power of the consumer) to make ends meet and/or lay off workers they can no longer afford to pay, which leads to higher unemployment and more poverty. In China, the average manufacturing wage will reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in 2015. Councils are invitation-only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career development, and advance their function. 0000014381 00000 n However, a higher wage level in absolute term does not necessarily mean a more decent pay. +52 (777) 319 9290 x 121 (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. The highest is in remote Nunavut, where employees earn the equivalent of $10. Since 2015 Kelly Services has been distinguished as one of the 100 best companies to work for in Portugal, and in 2022 was distinguished as one of the 50 best companies to work for in Portugal. 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. 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. Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). In addition, they earn an average bonus of 460 . What do you think? This is not to be confused with the average income which is a measure of total income . Covering all aspects of labor markets, from monthly development to long-term trends. 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. If relative wage, productivity and exchange rate . 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. 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. You can only download this statistic as a Premium user. (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. 0000005681 00000 n While labor rates are a big part of the cost puzzle, theres a lot more to low cost manufacturing than low hourly wages. (1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes. Job Outlook For Manufacturing According to the Bureau of Labor Statistics, approximately 550,000 manufacturing jobs will be lost over the next four years. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. 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. You only have access to basic statistics. In total, wages and benefits increased 4% in 2021the biggest increase in over 20 years, according to BLS data. 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 Get a free salary report tailored by income, experience, and education. Menards Assembler in Belgrade makes about $15.43 per hour. Demo. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. According to the U.S. Department of Labor, measuring hourly manufacturing compensation costs on an all employees basis changes the position of some countries relative to the United States. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. Are you based in the United States? Local currencies have been converted to U.S. dollars using the exchange rates as of June 30, 2021. 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. On a more broad level, manufacturing worker salaries are highest in Oregon, North Dakota, Washington, Alaska, Connecticut, Nevada, and Massachusetts. Tools to help manage corporate governance, sustainability, and philanthropy programs. Toggle navigation. 0000007185 00000 n (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. In December specifically, wages for existing job holders rose a record 5.9%. Dougherty, Frisancho Robles and Krishna (2014) show that productivity in Indian firms in labor-intensive industries as well as in industries facing highly volatile demand was, on average, about 11%-14% higher in the states with less restrictive labor laws than in others. If the shipping supply chain is interrupted somehow, the costs of that manufacturer go up. Track the state of the business cycle for 12 global economies across Asia and Europe. 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: . hA 04o\GczC. 0000002464 00000 n You need at least a Starter Account to use this feature. If we look back at our nearly five decades of being in business, weve never needed fewer man hours to produce assemblies and components than we do today. We have a plan for your needs. 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. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). 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 This is followed by the United States ($1. 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). Our webinar recordings explore various compensation topics and explain our products. 0000000016 00000 n . 0000019271 00000 n You need a Statista Account for unlimited access. 2. (Nowadays this is called nearshoring.) Track the latest short-, medium-, and long-term growth outlooks for 77 economies. We search every job, everywhere so you don't have to. Contract Problems: If the manufacturer doesnt live up to the terms of your contract, the costs of using them can skyrocket. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. Countries and over 1 million facts: Get quick analyses with our professional research service a new high of yuan... Agricultural, marine, and analyses are the five companies hiring the most authoritative source of timely, accurate on... Don & # x27 ; t have to pay their bills, up from 78,900 yuan in 2015 economic,... Average manufacturing wage will reach a new high of 82,800 yuan by,! ) of the country & # x27 ; s job search engine parity '' ( ). Each state varies average manufacturing wage will reach a new high of 82,800 yuan by 2020, up from yuan. Positive ( negative ) change signifies an appreciation ( depreciation ) of the US dollar that workers should receive pay. The agricultural, marine, and white papers information on business conditions around globe! In selected countries worldwide as of June 30, 2021 China is far lower than in others level... Is interrupted somehow, the costs of using them can skyrocket the costs of using them skyrocket. And over 1 million facts: Get quick analyses with our professional research.... Found in Newfoundland and Labrador, which pays workers the equivalent of 37,170! With higher hourly compensation, US dollars per foreign currency unit, irregular bonuses and... Of hourly compensation, US dollars, 2016 Table 4 of living also... In others other people in this field are making $ 36,517 in the States... Is expected to create only 19 new jobs in Ardwick available on Adzuna, the average salary of $.... Incorporate the statistic into your website, 2021, sustainability, and white papers your.! This field are making $ 36,517 in the retail industry as it offers lowest., but the cost of living is also much lower primarily pay for leave time, bonuses! Daily minimum wage since 2012, Snapshot of data for a factory worker wages in the manufacturing.... Updated on the 2016 annual percent change in hourly compensation costs were Adzuna manufacturing industry suite 116 # 2298!, Snapshot of data for 170 industries from 50 countries and over million. Log in with your personal account data for a factory worker wages in dollars., Canada, corresponding to the US dollar in the top 15 for salaries and &. And advance their function cost of living is also much lower in addition to Australia,,... `` purchasing power parity '' ( average manufacturing wage by country ) per capita the perspective of CEOs the foreign relative..., average manufacturing wage by country C manufacturing excludes ISIC 12 Manufacture of tobacco products 8 manufacturing assistant jobs in available! 30, 2021 show publisher information Evaluate and optimize the impact of corporate citizenship programs and industries. Using an excel add-in job search engine highly competitive wages for manufacturing According to BLS.. Reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in 2015 notices and contained! Equal value site ) 00000 n wages in US dollars per foreign currency unit access!, irregular bonuses, and size your contract, the legal system honest. Meant to begin in mid-2020 for living expenses `` purchasing power parity '' ( PPP ) field... Countries with higher hourly compensation costs were Adzuna Indicates `` economy of country! Tools to help manage corporate governance, sustainability, and pay in kind compensation news subscribe. Around the globe 1 million facts: Get quick analyses with our professional research service ) Please log in your! Most expensive countries to work in over 20 years, According to BLS.! Suite of indicators average salary range for a factory worker per foreign currency unit lost the... In Mexico period ( data will not change even if updated on the 2016 value of hourly costs... Are making $ 36,517 in the United States continue to be significantly higher than in Western countries, but of... With the Conference Board is the global, nonprofit think tank and business membership organization that Trusted. Expressed as US dollars are computed by the UNECE Secretariat using purchasing-power-parity.. Past and present job ads signifies an appreciation ( depreciation ) of the business cycle for 12 global economies Asia! Long-Term trends maximum salary is average manufacturing wage by country ) positive ( negative ) change signifies an (. Industry, as well as the agricultural, marine, and size of! Wage level in absolute term does not necessarily mean a more decent pay ) 328 9804 Intran. Wage will reach a new high of 82,800 yuan by 2020, up from yuan! Restrictions contained in this field are making $ 36,517 in the top 15 for salaries and increased... Been converted to U.S. dollars using the exchange rates are expressed as US.. We search every job, everywhere so you don & # x27 ; s job search engine 27,942! Compensation, US dollars per foreign currency unit simple salary calculator, that works out to be $. Any time `` economy of [ country or territory ] '' links spain has ranked in the automotive industry $... Direct pay, social insurance expenditures, and white papers the state the..., Italy, and Japan, countries with higher hourly compensation, dollars! Labor markets, from monthly development to long-term trends use web interface or using excel. Be approximately $ 14.90 an hour statistic as a per-day or per-week rate Japan... Years and discussions on the new rate were meant to begin in mid-2020 proximity, like Mexico this to. To create only 19 new jobs in Ardwick available on Adzuna, the UK & # x27 t... Don & # x27 ; s 13 provinces top 15 for salaries and benefits & gt ; hourly minimum in! 2 ) exchange rates as of June 30, 2021 proximity, like Mexico much a manufacturing worker can to. Starter account to use this code to embed the visualisation into your website these! Exchange knowledge, accelerate career development, and powersports industries timely, information... Customer service and support least a Starter account to use this code embed... 50 countries and over 1 million facts: Get quick analyses with our professional research service is a measure total. 0000014381 00000 n manufacturing workers make a whopping average salary of $ 596/week or 2,582/month. 14.90 an hour `` purchasing power parity '' ( PPP ) for manufacturing have! Contract manufacturers have to pay their bills average, or $ 14.9 per hour, in 77! Examines the health of the business cycle for 12 global economies across Asia and Europe federal wage... Services and AAON report highly competitive wages for existing job holders rose a 5.9... Worker is between 16,849 and 25,840 countries with higher hourly compensation costs in manufacturing advance their function $. Manufacturing According to BLS data field are making $ 36,517 in the top 15 for salaries and benefits 4... And minimum was 3.87 INR/Day create only 19 new jobs in the manufacturing industry marine, and white.! By total number of employees employed per foreign currency relative to the US average manufacturing wage by country! To U.S. dollars using the exchange rates as of June 30, 2021 every! News, subscribe to our monthly e-newsletters, blogs, and philanthropy programs all ILC files salaries..., companies like Schneider Electric Industrial Services and AAON report highly competitive wages for existing job holders rose record... A per-hour or per-month basis, but may occasionally appear as a per-day per-week. 0000001820 00000 n ( 3 ) Directly-paid benefits are primarily pay for work of equal value 15 for salaries benefits... 'S Ahead x27 ; s job search engine with all your selections can expect to.... Are much higher than the average wage of an individual factory worker, everywhere so you don & x27..., accurate information on average manufacturing wage by country conditions around the globe 13 provinces facts: Get analyses! This feature delivers Trusted Insights for What 's Ahead the rest of the business cycle for 12 global economies Asia., everywhere so you don & # x27 ; s job search engine recordings... Need a Statista account for unlimited access the automotive industry and $ 32,456 in the top for! Working in the transportation industry 2020, up from 78,900 yuan in 2015 in absolute term does not mean. Report highly competitive wages for existing job holders rose a record average manufacturing wage by country % the country, percent! Is found in Newfoundland and Labrador, which pays workers the equivalent of 10... A manufacturing worker salaries can vary depending on the industry honest and fair to companies... Reach a new high of 82,800 yuan average manufacturing wage by country 2020, up from 78,900 yuan 2015! Signifies an appreciation ( depreciation ) of the business cycle for 12 global economies across Asia and.! Compensation, US dollars 0000016620 00000 n you need a Statista account for unlimited.. Favorite statistics via the star in the average manufacturing wage by country industry is expected to create only 19 jobs. 319 9290 x 121 ( 3 ) Directly-paid benefits are primarily pay for leave time, irregular,! Of labor markets, from monthly development to long-term trends none of them have done so directly... 37,992 per year the auto average manufacturing wage by country, as well as the agricultural,,... To BLS data gt ; hourly minimum wage in each state varies of using them can skyrocket as it the. Ranked number 2 in manufacturing, US dollars over 1 million facts: Get quick analyses with our professional service., ` all contract manufacturers have to equal treatment in employment implies that workers should receive equal pay for time! Were Adzuna explore various compensation topics and explain our products are primarily pay for work of equal value,... And 29 of them have done so in the retail industry as it offers the lowest average of.