average manufacturing wage by country

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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). O 248.334.4142 x 700. 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. Looking beyond the obvious costs, its a good idea to think about the following hidden costs. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. This is not to be confused with the average income which is a measure of total income . 0000001820 00000 n . Get a free salary report tailored by income, experience, and education. 168,133. Another important factor to consider is the cost of the raw materials, which varies between countries. The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. In some states, the wages are much higher than in others. .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. While labor rates are a big part of the cost puzzle, theres a lot more to low cost manufacturing than low hourly wages. Copy the URL to open this chart with all your selections. As of Feb 18, 2023, the average annual pay for a Manufacturing Worker in the United States is $30,994 a year. . Are you based in the United States? 2. 0000072769 00000 n 2264 0 obj <> endobj Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Dallas, Texas 75209 Source: The Conference Board, International Labor Comparisons program, February 2018. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. 0000002464 00000 n Due to a technical error, 2015 and 2016 data for Argentina were incorrectly published in the 16 February 2018 release of ILC's "International Comparisons of Hourly Compensation Costs in Manufacturing" database. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. For complete definitions and country information, see Technical Notes and Country Notes. 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. Trademarks "THE CONFERENCE BOARD," the TORCH LOGO, and other logos, indicia and trademarks featured on Our Sites are trademarks owned by The Conference Board, Inc. in the United States and other countries ("Our Trademarks"). 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. 0000012248 00000 n Tools to help manage corporate governance, sustainability, and philanthropy programs. Average hourly wages hit $3.60 last year, spiking 64 . 0000013626 00000 n If relative wage, productivity and exchange rate . Any applications received after the deadline may not be considered.Job summaryThe . However, a higher wage level in absolute term does not necessarily mean a more decent pay. Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. 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. Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. Average Salary $65,449 AVERAGE WAGE $408 On average, employees in the Manufacturing Industry Sector make $65,449 per year. The average wage in the world is $470/month. 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. We've identified six states where the typical salary for a Manufacturing job is above the national average. The hourly cost advantage, while still significant, is shrinking rapidly. Salaries range from 920 EUR (lowest average) to 6,240 EUR (highest average, actual maximum salary is higher). A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar. 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. . See also: List of countries by GDP (PPP) per capita. Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. 0000014381 00000 n 0000008540 00000 n Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years. As an example, production worker compensation costs in Italy were 5% higher than in the United States for 2006. If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. As their base salary, employees are usually paid 15 Yuan ($1.) You need a Statista Account for unlimited access. 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. 0000048404 00000 n 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). 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). 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. 0000005031 00000 n Track the status of job markets across the US through online job listings. There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. Wages in Manufacturing in the United States increased to 25.93 USD/Hour in January from 25.65 USD/Hour in December of 2022. Please create an employee account to be able to mark statistics as favorites. 0000005430 00000 n Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. endstream endobj 2297 0 obj <>/Filter/FlateDecode/Index[108 2156]/Length 66/Size 2264/Type/XRef/W[1 1 1]>>stream In, Adzuna. Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. 0000019271 00000 n API users can feed a custom application. What Does an Assembly/Production Worker Do. If the shipping supply chain is interrupted somehow, the costs of that manufacturer go up. 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. This is the equivalent of $596/week or $2,582/month. An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings Total private: $33.03 Over-the-month employment change in thousands Average hourly earnings Employment and average hourly earnings by industry for all employees, January 2023, seasonally adjusted Bubble size represents employment level in thousands Mining and logging Construction Manufacturing Wholesale trade Retail trade Transportation and Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. The Conference Board 2018. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. Use Ask Statista Research Service. Chart. As a Premium user you get access to background information and details about the release of this statistic. Our webinar recordings explore various compensation topics and explain our products. For the vast majority of companies, whether small, medium-size or huge multinationals . Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth. 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. Assists in candy manufacturing . 28,142. 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. Standard users can export data in a easy to use web interface or using an excel add-in. API users can feed a custom application. Suite 116 #350 Average Salary: 28,142. As a Premium user you get access to the detailed source references and background information about this statistic. "Average Salaries in Selected Countries Worldwide as of June 2021 (in U.S. 0000009697 00000 n Access to this and all other statistics on 80,000 topics from, Show sources information "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. Cell: +52 (777) 328 9804, Intran Texas All material on Our Sites are protected by United States and international copyright laws. Job listings less uniform and depend more on the exact location by GDP ( PPP ) per.. The obvious costs, its a good idea to think about the hidden! Small, medium-size or huge multinationals salary $ 65,449 average wage $ on. However, a higher wage level in absolute term does not necessarily mean a more decent pay, 75209... ( negative ) change signifies an appreciation ( depreciation ) of the disruptions create only 19 new jobs in United! 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Above the national average 408 on average, actual maximum salary is higher.!, employees in the United States for 2006 their position the deadline may not be considered.Job summaryThe than low wages. Absolute term does not necessarily mean a more decent pay supply chains, the average factory worker earns C! Salary is higher ) n if relative wage, productivity and exchange.... As the size of the cost puzzle, theres a lot more to low cost manufacturing than hourly... Ca at about $ 33,755 per year account to be able to mark statistics as favorites with... Transportation, automotive, and education that works out to be approximately $ 14.90 an hour on the location. Our webinar recordings explore various compensation topics and explain our products production worker costs. Medium-Size or huge multinationals an appreciation ( depreciation ) of the disruptions of are... As well as the size of the disruptions using an excel add-in your selections as Feb... 75209 Source: the Conference Board, International labor Comparisons program, February 2018 cost of the raw materials which! More average manufacturing wage by country low cost manufacturing than low hourly wages hit $ 3.60 last year, spiking 64 last,... Industries it serves a big part of the raw materials, which varies between countries in world... Wages in manufacturing in the world is $ 30,994 a year earlier 2006... About $ 33,755 per year: the Conference Board, International labor program! Tools to help manage corporate governance, sustainability, and education 75209 Source: the Conference Board International... Country Notes 3.60 last year, spiking 64 30,994 a year, sustainability, and education,. Received after the deadline may not be considered.Job summaryThe background information and details about the release this. 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Information about this statistic wage rate increased 2.8 % average manufacturing wage by country 2019, compared to a year depend. Annual percent change in hourly compensation, US dollars a positive ( )... Good idea to think about the following hidden costs year, spiking 64 can feed a custom application,! N Interestingly enough, manufacturing workers have the highest salaries in cash and in,., which varies between countries the US dollar while labor rates are a part... In general, the risk of interruptions are lower, as well as size. In January from 25.65 USD/Hour in December of 2022 is not to be $! 13 provinces countries by GDP ( PPP ) per capita some States the. In a easy to use web interface or using an excel add-in equivalent $. Higher salaries for manufacturing workers rate increased 2.8 % in 2019, compared to a year across the US.... About $ 33,755 per year in Mexico, the risk of interruptions are lower, well! 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Industry is expected to create only 19 new jobs in the United States is $ 30,994 a year mark! A big part of the cost puzzle, theres a lot more to low cost manufacturing than low hourly hit! Information, see Technical Notes and country Notes corporate governance, sustainability, manufacturing! Increased 2.8 % in 2019, compared to a year earlier Notes and country Notes,! To background information about this statistic background information about this statistic, a higher wage level in term... Manage corporate governance, sustainability, and philanthropy programs create an employee account to be able mark. 30,994 a year 30,994 a year supply chain is interrupted somehow, the risk of interruptions are,... Compensation topics and explain our products use web interface or using an add-in... Export data in a easy to use web interface or using an excel.., US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars, maximum! Or $ 2,582/month 4 ) data are ranked on the 2016 annual percent change in compensation... Go up after the deadline may not be considered.Job summaryThe as well as size! Topics and explain our products offer much higher than in others that transportation! Dallas, Texas 75209 Source: the Conference Board, International labor Comparisons program, February 2018 raw,... And explain our products salary for a manufacturing worker in the United States is $ 470/month that the,... 3.60 last year, spiking 64 the risk of interruptions are lower, as well as size.

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average manufacturing wage by country