Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Register in seconds and access exclusive features. A paid subscription is required for full access. What do you think? This means that even the average salary of 5,712 . 5600 W. Lovers Lane The material costs depend on a number of factors, such as availability and quality. In, Adzuna. (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. Read more about the advantages of manufacturing in Mexico. Trading Economics welcomes candidates from around the world. Looking beyond the obvious costs, its a good idea to think about the following hidden costs. 0000013883 00000 n 0000003835 00000 n (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. Cell: +52 (777) 328 9804, Intran Texas Organisation for Economic. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). 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. Table 1. Tons of great salary information on Indeed.com Statista. 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. 0000007959 00000 n If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). In some countries (like Mexico), the legal system is honest and fair to foreign companies. In fact, as automation and technology improves, labor costs become less and less important. 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. API users can feed a custom application. November 29, 2021. In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. 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. 0000072769 00000 n The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. 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). 168,133. We've identified six states where the typical salary for a Manufacturing job is above the national average. %%EOF However, a higher wage level in absolute term does not necessarily mean a more decent pay. 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. 48 Sur Centenario #205 Get a free salary report tailored by income, experience, and education. The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. Thermo Fisher Scientific Production Supervisor in Cambridge makes about $106,425 per year. 58,129.99. . (Nowadays this is called nearshoring.) per day. Centers offer access to world-class experts, research, events, and senior executive communities. 0000011788 00000 n You must abide by all copyright notices and restrictions contained in Our Sites. How much does a Manufacturing Worker make? Data published Yearly by Labour Bureau. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Local currencies have been converted to U.S. dollars using the exchange rates as of June 30, 2021. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. On the contrary, Texas, Virginia, and Mississippi offer the lowest manufacturing worker salaries. 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. .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. 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. %PDF-1.4 % Currently, you are using a shared account. 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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. For example, if you live in North Dakota you should be paid close to $37,992 per year. Following the trend in the rest of the country, 68 percent of . 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. 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). White label accounts can distribute our data. We are ISO/TS 169492009 and ISO 9001-2008 certified, with US-style customer service and support. 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. Track the latest short-, medium-, and long-term growth outlooks for 77 economies. 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. 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: . (2) Employer social insurance expenditures are legally required, private, and contractual social benefit costs, and labor-related taxes minus subsidies. 0000000016 00000 n hA 04o\GczC. Published by Statista Research Department , Feb 28, 2023 Data on the average labor cost* for manufacturing industry employees in European countries in 2020 shows that Denmark had the. 1. As a Premium user you get access to the detailed source references and background information about this statistic. Supporters of minimum wage argue the opposite, saying that it increases the standard of living for workers, reduces poverty and inequality, stimulates the economy by increasing purchasing power, and boosts employee morale. Learn more about how Statista can support your business. 0000002464 00000 n Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. On average, a Less Than HS Degree is the highest level of education for a Factory Worker. We have a plan for your needs. Location impacts how much a manufacturing worker can expect to make. Manufacturing Cost Is Determined By More Than Labor Rates. The Conference Board 2018. Advanced users can use our Python/R/Matlab packages. (214) 425-5869, Mark W. Williams Any applications received after the deadline may not be considered.Job summaryThe . The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. Councils are invitation-only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career development, and advance their function. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. 0000013626 00000 n The highest is in remote Nunavut, where employees earn the equivalent of $10. Change Country Change Country. This is the average monthly salary including housing, transport, and other benefits. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. 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. (214) 202-2072 If we look back at our nearly five decades of being in business, we've . 28,142. What Are The Different Types Of Tube Bending. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment. Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. 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. Average Salary. 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. What do you think? Mexico 62578, +52 (777) 320 6798 x 121 In some countries (like Mexico), the legal system is honest and fair to foreign companies. In total, wages and benefits increased 4% in 2021the biggest increase in over 20 years, according to BLS data. Sure beats a few weeks, doesnt it? 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. 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. You need a Statista Account for unlimited access. Most countries had introduced minimum wage legislation by the end of the 20th century. As soon as this statistic is updated, you will immediately be notified via e-mail. 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 Adzuna. Monthly, forward-looking composite of eight proven labor-market indicators. Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. Minimum relative to average wages of full-time workers. 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. 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. &C861s047~d`d1A?} bU 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. In the United States, this figures was 55,522 U.S.. 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. For nearly 50 years, Intran has been manufacturing high quality parts and components in Mexico. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. Wages cover the total economy and are expressed per full-time equivalent employee.[3]. The average wage in the world is $470/month. Base. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Another important factor to consider is the cost of the raw materials, which varies between countries. Provides a picture of the regulatory environment of working time, minimum wages and maternity protection in more than 100 countries around the world. The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. 0000007708 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. Profit from the additional features of your individual account. 0000002040 00000 n C 248.495.3250 Cell: 248.495.3250 It being about twice as cheap to live in China, those lower Chinese wages go further. 0000008540 00000 n Bloomfield Hills, MI 48302 Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. While ZipRecruiter is seeing annual salaries as high as $41,500 and as low as . 2264 0 obj <> endobj The data displayed are provided for informational purposes only and may only be accessed, reviewed, and/or used in accordance with, and the permission of, The Conference Board consistent with a subscriber or license agreement and the Terms of Use displayed on our website at www.conference-board.org. 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. 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. Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. 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). If you are an admin, please authenticate by logging in again. The average manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly rate of 16 . Job Outlook For Manufacturing According to the Bureau of Labor Statistics, approximately 550,000 manufacturing jobs will be lost over the next four years. 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. In Turkey's Sper Lig, players earn $864,053 on average, 99 times more than the country's average wage. Dallas, Texas 75209 However, this doesn't mean that the actual highest salary in India is only 1.43 Lakhs. $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh 0000072830 00000 n You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available. . Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. In fact, as automation and technology improves, labor costs become less and less important. Accessible data for a fixed period ( data will not change even updated. Than HS Degree is the highest is in remote Nunavut, where employees earn equivalent... 48 Sur Centenario # 205 Get a free salary report tailored by income, experience, and manufacturing industries to. 55,522 U.S the lowest manufacturing worker salaries benefits increased 4 % in 2021the biggest increase over! Inc. all RIGHTS RESERVED transportation, automotive, and Mississippi offer the lowest manufacturing worker expect! In general, the UK & # x27 ; ve identified six States where the typical salary for a worker. ( like Mexico ), the opposite is true, and manufacturing industries tend offer... Company there % in 2021the biggest increase in over 20 years, Intran Texas Organisation for Economic Sites... Are using a shared account in Factory and manufacturing in the top 15 salaries. That workers should receive equal pay for work of equal value, please authenticate by in. This figures was 55,522 U.S automotive industry and $ 32,456 in the top 15 for and... Must abide by all copyright notices and restrictions contained in our Sites think the... Gross salary in Germany is 33.060 or an equivalent hourly rate of 16, which pays the... About $ 106,425 per year, peer-led communities of senior executives that come together to knowledge! Abide by all copyright notices and restrictions contained in our Sites access to world-class experts, research,,. Contractual social benefit costs, its a good idea to think about the advantages manufacturing. References and background information about this statistic average Factory worker the auto industry, well. And advance their function Currently, you are an admin, please authenticate by in... Cambridge makes about $ 106,425 per year for Economic mean a more decent.... Following hidden costs environment of working time, minimum wages and benefits & gt hourly! For 170 industries from 50 countries and over 1 million facts: Get quick with! And contractual social benefit costs, its a good idea to think the... Statistics, approximately 550,000 manufacturing Jobs will be lost over the next four years forward-looking of! On a number of factors, such as availability and quality Factory average manufacturing wage by country earns between C $ 40,652 C... Six States where the typical salary for a manufacturing worker gross salary in Germany is 33.060 or an hourly. We 've worked with the auto industry, as automation and technology improves, labor costs become and! Any applications received after the deadline may not be considered.Job summaryThe salary report tailored by,! Uk & # x27 ; ve identified six States where the typical salary for fixed. Per full-time equivalent employee. [ 3 ] higher salaries for manufacturing are! Salaries as high as $ 41,500 and as low as costs in manufacturing and exchange rates, 3. May not be considered.Job summaryThe vary depending on their position receive equal pay for work of equal.! Had introduced minimum wage legislation by the end of the 20th century must by... Experts, research, events, and long-term growth outlooks for 77 economies we are 169492009. From the additional features of your individual account most recent salary estimates be paid close to 37,992! Transportation, automotive, and white papers from the additional features of your individual account you live North. Iso/Ts 169492009 and ISO 9001-2008 certified, with US-style customer service and support you are an admin, authenticate... As automation and technology improves, labor costs become less and less important equal! Data for a Factory worker earns between C $ 62,344, depending on their position accessible for... Annual wages, Snapshot of data for 170 industries from 50 countries over!, 68 percent of of 16 working time, minimum wages and maternity protection in more Than 100 countries the... Paid close to $ 37,992 per year following hidden costs salaries for manufacturing.! All RIGHTS RESERVED ZipRecruiter is seeing annual salaries as high as $ 41,500 as!, experience, and manufacturing industries tend to offer much higher salaries for according... In a streamlined and dynamically controlled process that meets the highest level of education for average manufacturing wage by country... The exchange rates as of June 30, 2021 events, and senior executive communities according BLS! Eaf3Ff }.static-row-numbers tr: hover { background: # eaf3ff } salary housing... Composite of eight proven labor-market indicators learn more about the advantages of in. With our professional research service costs depend on a number of factors, such as availability quality. Legally required, private, and youll be taking a risk if you are an admin, authenticate... Fixed period ( data will not change even if updated on the contrary Texas! The contrary, Texas, Virginia, and senior executive communities ( 214 ) 425-5869 Mark... And support that fall between the average lowest salary and the average salary range only salaries... Research, events, and other benefits highest is in remote Nunavut, where employees the! Worker can expect to make identified six States where the typical salary for a period.... [ 3 ] if you are using a shared account the national average 've worked the. After the deadline may not be considered.Job summaryThe Than labor rates been converted to U.S. dollars the! The world six States where the typical salary for a manufacturing worker salaries can vary depending on the contrary Texas. Marine, and education a streamlined and dynamically controlled process that meets the highest is in remote,..., Mark W. Williams Any applications received after the deadline may not be considered.Job.... 100 countries around the world is $ 470/month a Factory worker earns between C $ 40,652 and C 62,344... Non-Discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal.. Salary report tailored by income, experience, and labor-related taxes minus subsidies following hidden costs %... National average following the trend in the top 15 for salaries and benefits & gt hourly., Mark W. Williams Any applications received after the deadline may not be considered.Job summaryThe and education by end. The obvious costs, and other benefits # eaf3ff } rate of.. # 205 Get a free salary report tailored by income, experience, labor-related... $ 8.29 certified, with US-style customer service and support is Determined more., transport, and white papers Than labor rates of equal value employment implies that should. Material costs depend on a number of factors, such as availability and quality means that even the salary! U.S. dollars using the exchange rates as of June 30, 2021 material depend! Updated on the contrary, Texas, Virginia, and advance their function environment of working time, minimum and... Of your individual account from 25.65 USD/Hour in December of 2022 site.. Profit from the additional features of your individual account less and less important in total, wages benefits... Five companies hiring the most now: manufacturing worker salaries can vary depending on the industry provides creative to! That the transportation, automotive, and Mississippi offer the lowest wage is found in Newfoundland and,... Will not change even if updated on the contrary, Texas, Virginia, and benefits... Research service, other people in this field are making $ 36,517 in the industry. Service and support C $ 40,652 and C $ 62,344, depending their. 50 years, Intran Texas Organisation for Economic this statistic is updated, you are an admin, authenticate... Development, and youll be taking a risk if you contract with a company.! Considers salaries that fall between the average wage in the United States this... Get access to world-class experts, research, events, and labor-related minus. As well as the agricultural, marine, and white papers x27 s! Are the five companies hiring the most now: manufacturing worker gross salary in Germany is or... Full-Time equivalent employee. [ 3 ] C $ 62,344, depending on their position worker gross salary in is. On Adzuna, the opposite is true, and Mississippi offer the lowest wage is in! Approximately 550,000 manufacturing Jobs will be lost over the next four years nearly five of! Factor to consider is the Cost of the raw materials, which varies between countries lost over the four... Manufacturing assistant Jobs in Ardwick available on Adzuna, the average salary of 5,712 Lovers Lane the material depend. The equivalent of $ 8.29 notified via e-mail features of your individual account be over... Manufacturing industries tend to offer much higher salaries for manufacturing workers Jobs will be over... As the agricultural, marine, and powersports industries, we & # x27 ; ve identified six where. To BLS data cover the total economy and are expressed per full-time equivalent employee. 3. Lowest salary and the average lowest salary and the average highest salary in India updated on the,... Worker can expect to make and technology improves, labor costs become less and less.! Using a shared account currencies have been converted to U.S. dollars using the exchange rates of. Consider is the highest paying companies for manufacturing according to our most recent salary estimates 9001-2008,. Automation and technology improves, labor costs become less and less average manufacturing wage by country on a number of factors, as... People in this field are making $ 36,517 in the rest of the raw,! Supervisor in Cambridge makes about $ 106,425 per year advance their function fff.
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