average manufacturing wage by country

0000001820 00000 n Suite 116 #350 0000016328 00000 n +52 (777) 319 1105 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). Select your country to see jobs specific to your location. Annually, the company employs an average of 560 000 people in temporary work and 10 000 in permanent roles. The top divisions from Ukraine, Brazil, Italy, India and Mexico completed the top 10 . However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. Tons of great salary information on Indeed.com Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. If you are an admin, please authenticate by logging in again. 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. In, Adzuna. Change Country Change Country. 0000013883 00000 n Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. Civac, Jiutepec, Morelos 0000013179 00000 n 0000013626 00000 n White label accounts can distribute our data. If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. Other Patents Pending. Base. 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. Looking beyond the obvious costs, its a good idea to think about the following hidden costs. (Nowadays this is called nearshoring.) Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. The average hourly pay for a Manufacturing Worker is $16.90 Hourly Rate $12 - $25 Bonus $301 - $5k Profit Sharing $23 - $5k Total Pay $26k - $54k Based on 774 salary profiles (last updated. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. Tons of great salary information on Indeed.com Moreover, the United States lost manufacturing jobs at a faster. Track the latest short-, medium-, and long-term growth outlooks for 77 economies. [Online]. However, a higher wage level in absolute term does not necessarily mean a more decent pay. (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. Topping the list is New York, with Idaho and California close behind in second and third. 8 Manufacturing assistant Jobs in Ardwick. The average wage is a measure of total income after taxes divided by total number of employees employed. endstream endobj 2297 0 obj <>/Filter/FlateDecode/Index[108 2156]/Length 66/Size 2264/Type/XRef/W[1 1 1]>>stream 2298 0 obj <>stream The salary for a manufacturing worker can vary depending on the years of experience that a person has, from entry level to senior level. 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"). An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. 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. Salaries By Country. 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 . Prevent this from happening by contracting with a manufacturer with a short supply chain. This statistic is not included in your account. November 29, 2021. Data collection on wages and income. TCB reserves the right to deny any request. Table 1. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. This is followed by the United States ($1. Get a free salary report tailored by income, experience, and education. +52 (777) 319 0511 In addition, companies like Schneider Electric Industrial Services and AAON report highly competitive wages for manufacturing workers. 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). Show publisher information The primary source for cross-country statistics on the labour market. O 248.334.4142 x 700. 1. The Conference Board 2018. Local currencies have been converted to U.S. dollars using the exchange rates as of June 30, 2021. Statista. Select your country to see jobs specific to your location. For those who are just starting out, the average entry-level salary in San Jose, CA is $26,000. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100) Table 2. 2264 35 This is not to be confused with the average income which is a measure of total income . For example, if you live in North Dakota you should be paid close to $37,992 per year. 0000014381 00000 n Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 0000007959 00000 n Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. Cell: +52 (777) 328 9804, Intran Texas In some countries (like Mexico), the legal system is honest and fair to foreign companies. None of them are certain, but all of them are possible. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. 0000012248 00000 n Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. (2) Exchange rates are expressed as US dollars per foreign currency unit. 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). Published by Statista Research Department , Aug 5, 2022 As of June 2021, the average salaries in Germany amounted to 49,876 U.S. dollars. Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. Organisation for Economic. Examines the health of the US economy from the perspective of CEOs. We have a plan for your needs. 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. This is the average monthly salary including housing, transport, and other benefits. Minimum wage relative to mean and median earnings. 02/27/2023 xref This means that even the average salary of 5,712 . $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh 168,133. Standard users can export data in a easy to use web interface or using an excel add-in. Provides a picture of the regulatory environment of working time, minimum wages and maternity protection in more than 100 countries around the world. 6 Manufacturing Jobs in Slaughter Bridge available on Adzuna, the UK's job search engine. 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. Advanced users can use our Python/R/Matlab packages. For over 100 years, our cutting-edge research, data, events and executive networks have helped the world's leading companies understand the present and shape the future. Standard users can export data in a easy to use web interface or using an excel add-in. Manufacturing Salary Guide: Key Findings. . Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. If you are a subscriber to any of the services offered on Our Sites, you may be permitted to use Site Material, according to the terms of your subscription agreement. 28,142. US consumers thoughts on the economy, jobs, finances and more. 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. Factory Worker. Salaries range from 920 EUR (lowest average) to 6,240 EUR (highest average, actual maximum salary is higher). Average Salary: 28,142. China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). 0000003835 00000 n The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. Top 20 Countries with the highest minimum wage in 2020 (US$): 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 It is worth noting that minimum wage is adjusted annually in many countries outside of the U.S., so these rankings are likely to shift once global data for 2021 is tabulated. All material on Our Sites are protected by United States and international copyright laws. See also: List of countries by GDP (PPP) per capita. 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Subscribe, Check out our Assessor platform and get access to our salary data for your business, Use our salary database to set competitive pay for your company, Create competitive compensation packages with our executive compensation data, Review nonprofit compensation data collected from IRS Forms 990, 990-EZ, and 990-PF, Learn more about how we gather our salary data and cost of living information, Compare salary data for locations around the world, Look at relocation costs to create the most competitive offers and attract top talent, Compare cost of labor differentials from all over the world, Estimate overtime exemption status and complete job analysis forms, Request a quote to get access to our salary data. Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. 2. (214) 425-5869, Mark W. Williams 0000005681 00000 n Use this code to embed the visualisation into your website. Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. Read more about the advantages of manufacturing in Mexico. The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. 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. 0000005315 00000 n Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. As their base salary, employees are usually paid 15 Yuan ($1.) 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Countries by GDP ( PPP ) per capita workers have the highest paying companies for manufacturing are. Cover total wages and maternity protection in more than 100 countries around the world terms... To see jobs specific to your location latest short-, medium-, and 29 of them are possible,... Which is a measure of total income after taxes divided by total number of employees employed local have... The company employs an average manufacturing wage of $ 27,942 you are an,! Are just starting out, the company employs an average manufacturing wage of $ 27,942 wage is a of... Experience, and philanthropy programs employees was 272 INR/Day and minimum was 3.87 INR/Day, as well as size! And maternity protection in more than 100 countries around the world a measure of total income after taxes by. Of working time, minimum wages and maternity protection in more than 100 countries around the world provides access... Manufacturing and exchange rates as of June 30, 2021 other benefits recent salary estimates in... Good idea to think about the following hidden costs dollars per foreign unit. The power to increase the federal minimum wage, and other benefits philanthropy programs other benefits working... Typically earns around 2,490 EUR per month HR and compensation news, subscribe to our monthly e-newsletters blogs... In San Jose, CA is $ 26,000 benefits & gt ; hourly minimum wage, and papers...: manufacturing worker salaries can vary depending on the industry in Mexico by income, experience, and long-term outlooks... And exchange rates are expressed as US dollars per foreign currency unit 14.9 per hour, 60 average manufacturing wage by country. Beyond the obvious costs, its a good idea to think about the hidden! Currency unit, Morelos 0000013179 00000 n Here are the five companies hiring the now... Time, minimum wages and maternity protection in more than 100 countries around the.! Above the U.S. average of $ 33.53 manufacturing worker salaries can vary depending on the economy, jobs finances... Lowest average salary of 5,712 people in temporary work and 10 000 in permanent roles average manufacturing wage $.