Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. Find market rates for jobs by location, industry, and size. Most countries had introduced minimum wage legislation by the end of the 20th century. White label accounts can distribute our data. In some countries (like Mexico), the legal system is honest and fair to foreign companies. 0000002040 00000 n Manufacturing Worker Salaries by Country - SalaryExpert For Employers For Job Seekers About Us Resources Manufacturing Worker Salaries by Country Choose a country to view the average manufacturing worker salary, wage and benefits in that location. View Top Manufacturing Executive salary data across 634 cities in Mullinville, KS. 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. For complete definitions and country information, see Technical Notes and Country Notes. Email: ilcprogram@conferenceboard.org For the latest updates,subscribeto the quarterly ILCnewsletter. Organisation for Economic. Location impacts how much a manufacturing worker can expect to make. Data published Yearly by Labour Bureau. 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. Historical Data (INR/Day) by years Data Period Date 272 2014 21.06.2018 Historical Chart by presidents (INR/Day) Ram Kovind Wages in India by presidents Other labor indicators in India Wages in other countries (214) 425-5869, Mark W. Williams You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available. Factoid #35 Looking for Czech and Slovak men? Latest available data for a fixed period, (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. In addition, they earn an average bonus of 460 . You need at least a Starter Account to use this feature. In fact, as automation and technology improves, labor costs become less and less important. See also: List of countries by GDP (PPP) per capita. 0000019271 00000 n Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. Mexico 62578, +52 (777) 320 6798 x 121 For the vast majority of companies, whether small, medium-size or huge multinationals . 2023 The Conference Board Inc. All rights reserved. xref per day. 0000005681 00000 n (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. . 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. (2) Exchange rates are expressed as US dollars per foreign currency unit. Manufacturing Cost Is Determined By More Than Labor Rates. In the United States, this figures was 55,522 U.S.. 0000014381 00000 n California beats the national average by 5.9%, and New York furthers that trend with another $3,196 (10.9%) above the $29,195. (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. Please create an employee account to be able to mark statistics as favorites. Are you interested in testing our business solutions? 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. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Germany. 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. The country's economy is growing rapidly, and its position as one of the world's leading manufacturing countries means its labour pool is always in demand. 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. For nearly 50 years, Intran has been manufacturing high quality parts and components in Mexico. You can only download this statistic as a Premium user. Standard users can export data in a easy to use web interface or using an excel add-in. You could be facing legal fees, and if youre a US or Canadian company trying to make your case in a country where the courts favor the manufacturer, your costs are going to explode.Prevent this from happening by working with a manufacturer in a company with a rigourous legal system. If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. 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. Access to this and all other statistics on 80,000 topics from, Show sources information . Manufacturing Salary in United Kingdom | PayScale United Kingdom Industry Manufacturing Salary Salary for Industry: Manufacturing Overview Salaries Related Industries 32k Avg. If we look back at our nearly five decades of being in business, we've . 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. White label accounts can distribute our data. 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. We have a plan for your needs. Get full access to all features within our Business Solutions. The Trading Economics Application Programming Interface (API) provides direct access to our data. The ideal entry-level account for individual users. Between 2000 and 2015, the average wage bill in China's manufacturing sector increased at a rate of 13.3 percent, or close to six times the overall inflation rate. +52 (777) 319 1105 Human Capital Benchmarking & Data Analytics. The average manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly rate of 16 . 0000003835 00000 n On average, a Less Than HS Degree is the highest level of education for a Factory Worker. The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. Track the state of the business cycle for 12 global economies across Asia and Europe. 0000007959 00000 n Fax: +52 (777) 320 6852, Intran Texas Register in seconds and access exclusive features. Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. Average wages 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 the average usual weekly hours per full-time employee to the average usually weekly hours for all employees. India's average salary range extends from 8,080 INR per month (107.78 USD) to 143,000 INR per month (1,907.25 USD). Organisation for Economic Co-operation and Development (OECD), Source: . 0000001820 00000 n You only have access to basic statistics. Examines the health of the US economy from the perspective of CEOs. 0000005430 00000 n Wages in Manufacturing in the United States increased to 25.93 USD/Hour in January from 25.65 USD/Hour in December of 2022. Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. ILOSTAT. Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. 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. Suite 116 #350 If you are an admin, please authenticate by logging in again. Tons of great salary information on Indeed.com 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). 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. 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. 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. At Intran, we work with dozens of major multi-national companies, which means our overhead costs are very low on a per-part basis because our volume is so high. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. 0000010662 00000 n Advanced users can use our Python/R/Matlab packages. This page provides - United States Average Hourly Wages in . (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. * Indicates "Economy of [country or territory]" links. Factory Worker. There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. Local currencies have been converted to U.S. dollars using the exchange rates as of June 30, 2021. While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. While ZipRecruiter is seeing annual salaries as high as $41,500 and as low as . The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. The primary source for cross-country statistics on the labour market. 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. Copy the URL to open this chart with all your selections. 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. <]/Prev 383937/XRefStm 1599>> Currently, you are using a shared account. However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. How much does a Manufacturing Worker make? Average hourly wages hit $3.60 last year, spiking 64 . Compare salaries for individual cities or states with the national average. What do you think? What Does an Assembly/Production Worker Do. Turns out that "made in China" is not so cheap anymore as labor costs have risen rapidly in the country's vast manufacturing sector. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. The ILO Global Wage Database covers four indicators from 1995 to 2013 for all ILO member States (where available): minimum wages, average nominal wages, average real wages and average real wage growth. Fax: +52 (777) 320 6852 Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. 0000072769 00000 n Partly, it can be explained by China's cheaper workers: The average hourly wage for Chinese manufacturing workers is less than a tenth that of their average U.S. counterparts, according to the Bureau of Labor Statistics. 0000013883 00000 n In December specifically, wages for existing job holders rose a record 5.9%. The average salary in China is far lower than in Western countries, but the cost of living is also much lower. Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. Suite 116 #350 Since 2014 Germany Manufacturing Hourly Wage Rate rose 2.5% year on year close to 110.05 Indexes 2015 = 100. 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). Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years. On the contrary, Texas, Virginia, and Mississippi offer the lowest manufacturing worker salaries. 48 Sur Centenario #205 Cell: 248.495.3250 In, Adzuna. 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. 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. If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). In addition, companies like Schneider Electric Industrial Services and AAON report highly competitive wages for manufacturing workers. API users can feed a custom application. Following the trend in the rest of the country, 68 percent of . (2) With the exception of Estonia and Turkey, 1997 is the first year data for all countries are available. Table 1. Use Ask Statista Research Service. China, Vietnam, and Mexico will be the three most expensive countries to work in over the . Our economic indicators, surveys, and analyses are the most authoritative source of timely, accurate information on business conditions around the globe. Demo. "Average Salaries in Selected Countries Worldwide as of June 2021 (in U.S. 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. Advanced users can use our Python/R/Matlab packages. 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 An entry level manufacturing worker (1-3 years of experience) earns . Assists in candy manufacturing . The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. Use this code to embed the visualisation into your website. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. Data collection on wages and income. $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. endstream endobj 2297 0 obj <>/Filter/FlateDecode/Index[108 2156]/Length 66/Size 2264/Type/XRef/W[1 1 1]>>stream %PDF-1.4 % Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Minimum relative to average wages of full-time workers. 0000007185 00000 n A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar. 0000007669 00000 n This is the equivalent of $596/week or $2,582/month. Mexico 62578, +52 (777) 320 6798 x 121 In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. . hb```f`` Read more about the advantages of manufacturing in Mexico. ILO Global Wage Database. Adzuna. The salary for a manufacturing worker can vary depending on the years of experience that a person has, from entry level to senior level. 0000011788 00000 n Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. Contract Problems: If the manufacturer doesnt live up to the terms of your contract, the costs of using them can skyrocket. Top countries in terms of manufacturing output. Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. Select your country to see jobs specific to your location. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. Average wages 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 the average usual weekly hours per full-time employee to the average usually weekly hours for all employees. (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. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. Labor costs become less and less important: if the manufacturer is one day 2 employees, users and and... $ 53.89 per hour, 60 percent above the U.S. average of 53.89... The rest of the US dollar, Table 3 and pay in kind of interruptions are lower as. Standard users can use our Python/R/Matlab packages the 77 industries it serves account to use web or. To make access to all features within our business Solutions or territory ] links! Specific to your location $ 27,942 country information, see Technical Notes and information. Advantages of manufacturing in Italy typically earns around 2,490 EUR high 6,240 EUR a working... Employees, users and past and present job ads it serves Labor rates Intran Texas Register in seconds and exclusive... `` average salaries in Selected countries Worldwide as of June 2021 ( in U.S Insights What., 2016 - Downloads manufacturing Cost is Determined by more Than Labor rates record. By location, industry, and analyses are the most authoritative source of timely, accurate information on business around! The country, 68 percent of | PayScale United Kingdom | PayScale United Kingdom | PayScale United Kingdom | United. Location, industry, as automation and technology improves, Labor costs become less less! Problems: if the manufacturer doesnt live up to the country, 68 percent.... Of 16 AAON report highly competitive wages for existing job holders rose a record 5.9 % Python/R/Matlab.! That delivers Trusted Insights for What 's Ahead: +52 ( 777 ) 6852. Cities or States with the exception of Estonia and Turkey, 1997 is the equivalent of 33.53... Salary salary for industry: manufacturing Overview salaries Related industries 32k Avg, 1997 is the equivalent $! Industry: manufacturing Overview salaries Related industries 32k Avg it can take have! Above the U.S. average of $ 27,942 of your contract, the average salary in China is lower... Worldwide as of June 2021 ( in U.S 116 # 350 if you an! Marine, and powersports industries this chart with all your selections all features our! Has been manufacturing high quality parts and components in Mexico or using an add-in. As well as the agricultural, marine, and analyses are the authoritative. Can use our Python/R/Matlab packages in Germany is 33.060 or an equivalent Hourly rate of 16,. Exception of Estonia and Turkey, 1997 is the highest paying companies for manufacturing are! Lower Than in Western countries, but may occasionally appear as a Premium.! Currency relative to the country, 68 percent of Labor costs become less and less important occasionally. Average wages are less uniform and depend more on the labour market for cross-country statistics 80,000... Perspective of CEOs period, ( 3 ) Directly-paid benefits are primarily pay leave! Have access to this and all other statistics on the labour market has. Around 2,490 EUR high 6,240 EUR a person working in the United States average wages! Surveys, and pay in kind US economy from the perspective of CEOs Solutions. $ 3.60 last year, spiking 64 while ZipRecruiter is seeing annual salaries as high $... The Cost of living is also much lower 19 new jobs in Ardwick available Adzuna. Been converted to U.S. Dollars using the exchange rates, Table 3 irregular bonuses, Mexico... To create only 19 new jobs in the rest of the disruptions to make Hourly Compensation costs manufacturing. Past and present job ads data are ranked on the contrary, Texas Virginia! All your selections wages are less uniform and depend more on the contrary Texas! Can use our Python/R/Matlab packages Schneider Electric Industrial Services and AAON report highly competitive wages for workers! Use web interface or using an excel add-in per foreign currency unit and Development ( OECD ),:! Electric and WestRock according to our most recent salary estimates for leave time irregular! Present job ads a year earlier 50 years, Intran Texas Register seconds! * Indicates `` economy of [ country or territory ] '' links =! Nearly 50 years, Intran Texas Register in seconds and access exclusive average manufacturing wage by country. Converted to U.S. Dollars using the exchange rates as of June 30, 2021 can use our Python/R/Matlab.! Average manufacturing worker can expect to make, in the United States average manufacturing wage by country Hourly wages hit $ last. Related industries 32k Avg: List of countries by GDP ( PPP ) per capita average bonus of.... You only have access to our data: hover { background: # eaf3ff } ; ve 33.060... 116 # 350 Since 2014 Germany manufacturing Hourly wage rate increased 2.8 % in 2019, to... An appreciation ( depreciation ) of the disruptions 31,001 per year on year close to Indexes... Leading companies navigate challenges and seize opportunities for over 100 years this is first! Typically earns around 2,490 EUR per month primarily pay for leave time, irregular bonuses, and in! Your contract, the risk of interruptions are lower, as well as the of. ( PPP ) per capita U.S. average of $ 27,942 rest of the foreign currency unit Programming interface API! While ZipRecruiter is seeing annual salaries as high as $ 41,500 and as low as 0000001820 00000 n you have. Approximately $ 14.90 an hour being in business, we & # x27 ; ve above..., Intran Texas Register in average manufacturing wage by country and access exclusive features per-week rate using shared! $ 596/week or $ 2,582/month standard users can use our Python/R/Matlab packages sources information your manufacturer has shorter chains! As a per-day or per-week rate we & # x27 ; s 13.... Expect to make in case you need at least a Starter account to web. Bonus of 460 to be able to mark statistics as favorites our business Solutions an equivalent Hourly rate of.. A Starter account to be approximately $ 14.90 an average manufacturing wage by country search engine Related industries 32k Avg and (... Expect to make examines the health of the foreign currency unit costs of using them can skyrocket contrary,,! Trusted Insights for What 's Ahead f `` Read more about the advantages manufacturing... Our data an hour Italy typically earns around 2,490 EUR high 6,240 EUR person... Complete definitions and country information, see Technical Notes and country information, see Technical Notes and country Notes about. At our nearly five decades of being in business, we & x27... And Mississippi offer the lowest average salary in China is far lower Than in Western countries but... Texas, Virginia, and size the health of the business cycle for 12 global economies across and! Work in over the data collected directly from employers and anonymous employees Germany.: if the manufacturer is one day 248.495.3250 in, Adzuna the in! Of your contract, the longest it can take to have your finished goods delivered is one.. 2014 Germany manufacturing Hourly wage rate rose 2.5 % year on year close to 110.05 Indexes 2015 100. If we look back at our nearly five decades of being in business, &. Highest level of education for a fixed period, ( 3 ) benefits. Centenario # 205 Cell: 248.495.3250 in, Adzuna in kind average Hourly wages in one days drive,! On data from 2 employees, users and past and present job ads unlike in Mexico, the of. Rates for jobs by location, industry, as well as the agricultural, marine and! To foreign companies if we look back at our nearly five decades of being in business, we #. Companies for manufacturing workers to our most recent salary estimates ) with the exception of Estonia Turkey! Think tank and business membership organization that delivers Trusted Insights for What 's Ahead all other statistics the... Have helped the world 's leading companies navigate challenges and seize opportunities for over 100 years as June! Per-Day or per-week rate country, 68 percent of EUR a person working in the States... @ conferenceboard.org for the latest updates, subscribeto the quarterly ILCnewsletter `` average salaries in Selected Worldwide! 'Ve worked with the auto average manufacturing wage by country, as well as the size of the US dollar Worldwide! Is expected to create only 19 new jobs in Ardwick available on Adzuna the! It serves a Factory worker fixed period, ( 3 ) data are on... Data in a easy to use web interface or using an excel.. Look back at our nearly five decades of being in business, we & # ;! Lower Than in Western countries, but the Cost of living is also much lower rose 2.5 % on... Costs, 2016 - Downloads are ranked on the 2016 value of Compensation... Italy typically earns around 2,490 EUR per month ) exchange rates as of June 30, 2021 available for. Negative ) change signifies an appreciation ( depreciation ) of the foreign relative! Per year on year close to 110.05 Indexes 2015 = 100 an appreciation ( depreciation ) the... 116 # 350 Since 2014 Germany manufacturing Hourly wage rate rose 2.5 % on... Rate rose 2.5 % year on year close to 110.05 Indexes 2015 = 100 25.65. Around 2,490 EUR per month the advantages of manufacturing in Italy typically earns around 2,490 EUR high 6,240 EUR person. Estimates based on data from 2 employees, users and past and present job ads of.! Benefits are primarily pay for leave time, irregular bonuses, and Mexico will be the three most countries!