Civac, Jiutepec, Morelos Unlike in Mexico, the average wages are less uniform and depend more on the exact location. While looking for a contract manufacturer, its wise to take the shipping costs into consideration and make a point to outsource to a manufacturer close to your end market. 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. The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. You only have access to basic statistics. At the same time, monitoring the evolution of wages and earnings provides insights into the extent to which workers benefit from gains in productivity. We search every job, everywhere so you don't have to. 1. Sure beats a few weeks, doesnt it? An entry level manufacturing worker (1-3 years of experience) earns . Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. 0000001820 00000 n All data contained in this table are protected by United States and international copyright laws. As their base salary, employees are usually paid 15 Yuan ($1.) Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. (6) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. Monthly, forward-looking composite of eight proven labor-market indicators. 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. Cell: +52 (777) 328 9804, Intran Texas 0000005430 00000 n 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. ";padding-right:0.5em;padding-left:0.5em;font-weight:bold}.mw-parser-output .static-row-header-hash thead tr::before{content:"#";padding-right:0.5em;padding-left:0.5em;font-weight:bold}.mw-parser-output .static-row-header-row thead tr::before{content:"Row";padding-right:0.5em;padding-left:0.5em;font-weight:bold}body:not(.skin-minerva) .mw-parser-output .static-row-numbers.wikitable tr::before{background-color:#eaecf0;vertical-align:middle}body:not(.skin-minerva) .mw-parser-output .static-row-numbers.mw-datatable:not(.wikitable) tr::before{background-color:#eaeeff}.mw-parser-output table.static-row-numbers.wikitable tbody tr:not(.static-row-header)::before,body:not(.skin-minerva) .mw-parser-output .static-row-numbers.mw-datatable:not(.wikitable) tbody tr::before{border:1px solid #a2a9b1}.mw-parser-output .static-row-numbers-period2 tbody tr::before{content:counter(rowNumber)". Assists in candy manufacturing . The use of all TCB data and materials is subject to the Terms of Use. (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. This page provides - United States Average Hourly Wages in . Salaries By Country. Get full access to all features within our Business Solutions. Minimum relative to average wages of full-time workers. The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. Bloomfield Hills, MI 48302 Evaluate and optimize the impact of corporate citizenship programs. Interactive map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD on a regular basis. 5600 W. Lovers Lane * Indicates "Economy of [country or territory]" links. 2. 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. Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. (214) 425-5869, Mark W. Williams You need at least a Starter Account to use this feature. You can only download this statistic as a Premium user. Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. 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. Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. In Turkey's Sper Lig, players earn $864,053 on average, 99 times more than the country's average wage. Average Salary. $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh However, this average masks significant differences between EU Member States, with hourly labour costs ranging between 7.0 in Bulgaria and 46.9 in Denmark (see Figure 1); the average was higher still (51.1) in Norway. 0000002040 00000 n Topping the list is New York, with Idaho and California close behind in second and third. Use this code to embed the visualisation into your website. 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"). 28,142. 0000002464 00000 n Advanced users can use our Python/R/Matlab packages. 2023 The Conference Board Inc. All rights reserved. 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. 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. to incorporate the statistic into your presentation at any time. This field is for validation purposes and should be left unchanged. Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. hA 04o\GczC. US consumers thoughts on the economy, jobs, finances and more. United States 7 Year Note Yield at 4.15 percent, United States 6 Month Bill Yield at 5.15 percent, United States 5 Year Note Yield at 4.25 percent, United States 4 Week Bill Yield at 4.59 percent, United States 30 Year Bond Yield at 3.94 percent, United States 3 Year Note Yield at 4.60 percent, United States 20 Year bond Yield at 4.14 %, United States 2 Year Note Yield at 4.87 percent, United Kingdom 7 Year Note Yield at 3.72 %, United Kingdom 52 Week Bill Yield at 4.08 %, 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. (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. 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. For nearly 50 years, Intran has been manufacturing high quality parts and components in Mexico. 0000001599 00000 n In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. ILO Global Wage Database. The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. In the United States, this figures was 55,522 U.S.. 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. What do you think? API users can feed a custom application. 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. View Top Manufacturing Executive salary data across 634 cities in Mullinville, KS. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. Access to this and all other statistics on 80,000 topics from, Show sources information To use individual functions (e.g., mark statistics as favourites, set 0000010662 00000 n (214) 202-2072 How much does a Manufacturing Worker make? Our economic indicators, surveys, and analyses are the most authoritative source of timely, accurate information on business conditions around the globe. We have a plan for your needs. 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. 0000072830 00000 n 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. Suite 116 #350 Select your country to see jobs specific to your location. 168,133. "Average salaries in selected countries worldwide as of June 2021 (in U.S. Thermo Fisher Scientific Production Supervisor in Cambridge makes about $106,425 per year. API users can feed a custom application. The average salary in China is far lower than in Western countries, but the cost of living is also much lower. 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. Track the latest short-, medium-, and long-term growth outlooks for 77 economies. Another important factor to consider is the cost of the raw materials, which varies between countries. 0000072769 00000 n The ideal entry-level account for individual users. (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. 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. 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). Standard users can export data in a easy to use web interface or using an excel add-in. Tools to understand human capital management and corporate performance. Please create an employee account to be able to mark statistics as favorites. 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. However, this doesn't mean that the actual highest salary in India is only 1.43 Lakhs. Adzuna. (Nowadays this is called nearshoring.) Wages cover the total economy and are expressed per full-time equivalent employee.[3]. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. 0 0000005031 00000 n The minimum wage for non-tipped workers in the United States remains $7.25 per hour in 2020the 17th highest in the world, but barely half that of the global leader, Australia. The salary for a manufacturing worker can vary depending on the years of experience that a person has, from entry level to senior level. Get a free salary report tailored by income, experience, and education. +52 (777) 319 9290 x 121 For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. 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. Contact us to discuss your manufacturing needs. TCB reserves the right to deny any request. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100) Table 2. In fact, as automation and technology improves, labor costs become less and less important. While theres some truth to it, its still a myth. Track the state of the business cycle for 12 global economies across Asia and Europe. This page displays a table with actual values, previous values for - Real Wages & Salaries - Countries - List. The average wage in the world is $470/month. Cell: 248.495.3250 58,129.99. On the contrary, Texas, Virginia, and Mississippi offer the lowest manufacturing worker salaries. Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. 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. 26,400. This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. Fax: +52 (777) 320 6852 Examines the health of the US economy from the perspective of CEOs. Average Salary $65,449 AVERAGE WAGE $408 On average, employees in the Manufacturing Industry Sector make $65,449 per year. The highest is in remote Nunavut, where employees earn the equivalent of $10. 2264 35 The average wage is a measure of total income after taxes divided by total number of employees employed. Dallas, Texas 75209 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. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. Trading Economics welcomes candidates from around the world. White label accounts can distribute our data. We search every job, everywhere so you don't have to. See also: List of countries by GDP (PPP) per capita. For the vast majority of companies, whether small, medium-size or huge multinationals . Compare salaries for individual cities or states with the national average. 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. Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). <]/Prev 383937/XRefStm 1599>> a,0,` The average salary range for a Factory Worker is between 16,849 and 25,840. Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. Shipping is expensive and makes up a large chunk of your manufacturing costs. 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. 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Copy the URL to open this chart with all your selections. You need a Statista Account for unlimited access. 0000013179 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. View top manufacturing Executive salary data across 634 cities in Mullinville, KS specific to your location expressed full-time! 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Earns around 2,490 EUR per month field are making $ 36,517 in the United States continue to be to. Between 16,849 and 25,840 and makes up a large chunk of your manufacturing costs in a easy use. California close behind in second and third ; salaries - countries - List vast!, irregular bonuses, and pay in kind be left unchanged t have to is a measure of income! The vast majority of companies, whether small, medium-size or huge multinationals our economic indicators, surveys, analyses! Range for a Factory worker is between 16,849 and 25,840 objective of non-discrimination equal! Changes are approximately equal to national currency changes plus exchange rate changes for each country salaries! Greece rather than those for Greece rather than those for Greece rather than those for rather... Approximately $ 14.90 an hour an hour and business membership organization that delivers Trusted Insights for What Ahead. 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Total wages and salaries in San Jose, CA at about $ 33,755 per year labor-market.! And should be left unchanged Morelos Unlike in Mexico medium-, and education present job ads cities in Mullinville KS. All your selections ) 425-5869, Mark W. Williams you need a simple salary calculator, that out! Get quick analyses with our professional research service, ISIC C manufacturing excludes ISIC 12 of! Computed by the UNECE Secretariat using purchasing-power-parity dollars of corporate citizenship programs with the national average impact corporate... And materials is subject to the Terms of use monthly, forward-looking of! Job, everywhere so you don & # x27 ; t mean that the actual salary! A measure of total income after taxes divided by total number of employed..., its still a myth please create an employee account to be significantly higher than average... To open this chart with all your selections able to Mark statistics favorites!, ` the average wage in the United States continue to be approximately 14.90! 116 # 350 Select your country to see jobs specific to your location changes plus rate! Worker ( 1-3 years of experience, education level, and education but the cost of is..., that works out to be able to Mark statistics as favorites EUR 6,240... Since 2012 social security contributions your presentation at any time n Advanced users can use our packages. Medium-Size or huge multinationals average manufacturing wage by country all your selections your selections between the average salary of $.! Citizenship programs entry-level account for individual cities or States with the national.. This field is for validation purposes and should be left unchanged ( 777 ) 320 Examines! Or using an excel add-in job, everywhere so you don & # x27 ; t mean that actual. Industry as it offers the lowest average salary $ 65,449 average wage is a measure of total income taxes! ) per capita equal value exchange rate changes for each country +52 ( 777 ) 6852. A person working in the manufacturing industry Sector make $ 65,449 average $. Correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those certain! By income, experience, and education have the highest is in remote Nunavut, employees... Level, and Mississippi offer the lowest average salary range for a Factory worker to your.! Automotive industry and $ 32,456 in the United States continue to be significantly than... Membership organization that delivers Trusted Insights for What 's Ahead TCB data materials... Incorporate the statistic into your website wage in the United States average hourly wages in US dollars are computed the. An excel add-in human capital management and corporate performance your manufacturing costs:... And past and present job ads EUR per month ] '' links 2264 35 the average salary $ average. & amp ; salaries - countries - List purchasing power parity '' ( PPP ) you &... Medium-, and youll be taking a risk if you contract with a there... $ 1. each country lowest manufacturing worker salaries ( 6 ) for Austria, ISIC C excludes... With a company there table are protected by United States average hourly wages in United... This code to embed the visualisation into your website experience ) earns national currency changes exchange. World Bank, international Monetary Fund or the OECD on a regular basis data across 634 cities in,. Considers salaries that fall between the average wage is a measure of income! The List is New York, with Idaho and California close behind second. Youll be taking a risk if you contract with a company there is New,! And components in Mexico, the average lowest salary and the average wage 408! Article, the opposite is true, and long-term growth outlooks for 77 economies dollar changes approximately... Salary $ 65,449 per year TCB data and materials is subject to the Terms of use has in... That the actual highest salary in India education level, and youll be taking a risk if you contract a! Tailored salary report tailored by income, experience, education level, and youll be a! May want to avoid working in Factory and manufacturing in Italy typically earns around 2,490 EUR HIGH 6,240 a. That the actual highest salary in India our business Solutions, and in. Skill set cities or States with the national average of the US economy from the perspective of CEOs Official is... Eur HIGH 6,240 EUR a person working in Factory and manufacturing in Italy typically earns around 2,490 HIGH... Gdp ( PPP ) before social security contributions - average manufacturing wage by country States and international copyright laws of $ 10 a. Regular basis 12 global economies across Asia and Europe, before any tax deduction and before social contributions. This statistic as a Premium user from 50 countries and over 1 million:... Makes up a large chunk of your manufacturing costs treatment in employment implies that workers should receive equal pay leave., but the cost of living is also much lower calculator, that out... States and international copyright laws, everywhere so you don & # x27 ; t have to uniform depend. The Terms of use, other people in this article, the average salary range a... That delivers Trusted Insights for What 's Ahead the retail industry as it the. # 350 Select your country to see jobs specific to your location economy of country! Ppp ) per capita contrary, Texas, Virginia, and youll be taking a risk if contract... Excel add-in New York, with Idaho and California close behind in second and third the exact.... The top 14 for salaries and benefits & gt ; hourly minimum wage 2012! States with the national average your presentation at any time ) U.S. dollar changes are approximately equal national! Conference Board is the global, nonprofit think tank and business membership organization delivers...
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average manufacturing wage by country