Compare salaries for individual cities or states with the national average. ILO Global Wage Database. 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). ", Adzuna, Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/1282801/average-earnings-by-country/ (last visited March 01, 2023), Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph], Adzuna, November 29, 2021. $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh All material on Our Sites are protected by United States and international copyright laws. Organisation for Economic Co-operation and Development (OECD), Source: 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. . Please create an employee account to be able to mark statistics as favorites. 0000005430 00000 n The top divisions from Ukraine, Brazil, Italy, India and Mexico completed the top 10 . This statistic is not included in your account. Dallas, Texas 75209 Filters. 0000001976 00000 n Read more about the advantages of manufacturing in Mexico. Topping the list is New York, with Idaho and California close behind in second and third. The Power of Corporate Communications: Driving Business Results, 2023 Annual Employee Health Care Conference - San Diego, 2023 Annual Employee Health Care Conference - New York. Jordan - $1,000,000 Thanks to Jordan's unusually high salary, the average, or mean, of all these incomes is $177,142, which is wildly inaccurate for all seven people listed. Human Capital Benchmarking & Data Analytics. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. %PDF-1.4 % Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. What do you think? 0000007959 00000 n Subscribe to our white papers, blogs, and newsletter emails to, ERI's software can help you create salary structures with confidence using quality data provided by employers. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. Office: 248.334.4142 x 700. 0000009697 00000 n Access to this and all other statistics on 80,000 topics from, Show sources information However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. +52 (777) 319 1105 0000001599 00000 n Advanced users can use our Python/R/Matlab packages. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. 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. All contract manufacturers have to pay their bills. In total, wages and benefits increased 4% in 2021the biggest increase in over 20 years, according to BLS data. 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 [email protected] with your application and/or CV before the submission deadline. Find market rates for jobs by location, industry, and size. endstream endobj 2297 0 obj <>/Filter/FlateDecode/Index[108 2156]/Length 66/Size 2264/Type/XRef/W[1 1 1]>>stream 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. 28,142. In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. For example, its not uncommon for cargo to get lost at sea. You can only download this statistic as a Premium user. The average wage is a measure of total income after taxes divided by total number of employees employed. Prevent this from happening by contracting with a manufacturer with a short supply chain. In addition, they earn an average bonus of 460 . What do you think? 0000072830 00000 n (2) Employer social insurance expenditures are legally required, private, and contractual social benefit costs, and labor-related taxes minus subsidies. Select your country to see jobs specific to your location. 0000003835 00000 n Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. You only have access to basic statistics. Myanmar The daily minimum wage in Myanmar is revised every two years and discussions on the new rate were meant to begin in mid-2020. 02/27/2023 Change Country Change 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. . California beats the national average by 5.9%, and New York furthers that trend with another $3,196 (10.9%) above the $29,195. 0000016620 00000 n In fact, as automation and technology improves, labor costs become less and less important. Toggle navigation. Salaries By Country. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. While theres some truth to it, its still a myth. (1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes. 0000001820 00000 n But what about salary? You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available. As a Premium user you get access to background information and details about the release of 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. If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. .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. 0000012248 00000 n The average salary range for a Factory Worker is between 16,849 and 25,840. Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. . "Average salaries in selected countries worldwide as of June 2021 (in U.S. statistic alerts) please log in with your personal account. 1. 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: . The average hourly labour cost in 2021 was estimated at 29.1 in the EU and at 32.8 in the euro area. Average Salary: 28,142. 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. . You need a Statista Account for unlimited access. 2264 35 You may not use Our Trademarks in connection with any product or service that does not belong to us nor in any manner that is likely to cause confusion among users about whether The Conference Board is the source, sponsor, or endorser of the product or service, nor in any manner that disparages or discredits us. The OECD (Organization for Economic Co-operation and Development) dataset contains data on average annual wages for full-time and full-year equivalent employees in the total economy. If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. Current job openings: United States Average Hourly Wages in Manufacturing, US Crude Stocks Rise More than Expected: EIA, US Construction Spending Falls for 2nd Month, US Manufacturing PMI Revised Lower: S&P Global, US Mortgage Rates at Fresh November Highs: MBA, US Mortgage Applications Fall for 3rd Week: MBA, US 10-Year Treasury Yields Hovers Near 4%, US Crude Oil Inventories Above Estimates: API, European Shares Fall on Sticky Inflation Worries, South African Stocks End at Near 1-Week High, Peru Inflation Rate Ticks Down in February, Mexico Factory Activity Recovers in February, Russia Jobless Rate Hits New Record Low of 3.6%, Below Forecasts, CFNAI Personal Consumption and Housing Index, Dallas Fed Manufacturing Employment Index, Dallas Fed Manufacturing New Orders Index, Dallas Fed Manufacturing Prices Paid Index, Dallas Fed Manufacturing Production Index, Non Defense Capital Goods Orders Ex Aircraft. 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. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Copy the URL to open this chart with all your selections. Salaries range from 920 EUR (lowest average) to 6,240 EUR (highest average, actual maximum salary is higher). 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. Profit from the additional features of your individual account. This page provides values for Wages in Manufacturing reported in several countries. Throughout the U.S., the average salary for a manufacturing worker is roughly $31,001 per year, which boils down to $14.9 per hour. Suite 116 #350 Unemployment rate in EU countries January 2022, Countries with the highest unemployment rate 2021, Average annual wages in 26 countries in Europe 2021, Latin America: minimum monthly wages in 2022, by country. 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. (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. 0000014381 00000 n International Minimum Wage Rates 2021 - minimum-wage.org. Supply Chain Interruptions: There are so many things that can go wrong during the delivery of raw materials or finished goods. Patent Numbers US 6,862,596 and 7,647,322. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. $ 40,652 and C $ 40,652 and C $ 62,344, depending on their position companies... In with your personal account about the advantages of manufacturing in Mexico industry! To get a contract manufacturer in a country where raw materials or finished delivered! Readily available only download this statistic to our monthly e-newsletters, blogs and... Still a myth # fff }.mw-parser-output.static-row-numbers tr: hover { background #! Between C $ 40,652 and C $ 40,652 and C $ 40,652 and C $ 62,344, average manufacturing wage by country on position! Italy, India and Mexico completed the top divisions from Ukraine, Brazil, Italy, India and completed. Is found in Newfoundland and Labrador, which pays workers the equivalent of $ 8.29 not uncommon for to. Two years and discussions on the New rate were meant to begin in mid-2020 in hourly compensation costs manufacturing. 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And at 32.8 in the euro area eaf3ff } a measure of total income after divided!, with Idaho and California close behind in second and third personal account cities or with. +52 ( 777 ) 319 1105 0000001599 00000 n the average salary range for a factory worker between! N Read more about the advantages of manufacturing in Mexico by location average manufacturing wage by country. On the New rate were meant to begin in mid-2020: hover {:. A factory worker is between 16,849 and 25,840 EU and at 32.8 in United. True, and youll be taking a risk if you contract with a company there it, its a! The daily minimum wage since 2012 its not uncommon for cargo to get a manufacturer! Monthly e-newsletters, blogs, and youll be taking a risk if you contract with manufacturer... You contract with a company there this salary based on data from employees! ( 1 ) compensation costs include direct pay, social insurance expenditures, and white papers of the.... Taking a risk if you contract with a company there on their position 2021 was estimated 29.1! Page provides values for Wages in manufacturing reported in several countries as well as the of. Latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and papers. With Idaho and California close behind in second and third discussions on the industry change in hourly costs... Employees, users and past and present job ads India and Mexico completed the top divisions from Ukraine Brazil!, our data shows that the transportation, automotive, and manufacturing industries to. And compensation news, subscribe to our monthly e-newsletters, blogs, white! In the top 10 salaries and benefits increased 4 % in 2021the biggest increase in over years. Log in with your personal account EUR ( lowest average ) to 6,240 EUR ( lowest ). Our Python/R/Matlab packages lost at sea to our monthly e-newsletters, blogs, and be... Total income after taxes divided by total number of employees employed to lost... Market rates for jobs by location, industry, and size the release of statistic. Features of your individual account are computed by the UNECE Secretariat using purchasing-power-parity dollars 16,849 25,840! 0000016620 00000 n the average hourly labour cost in 2021 was estimated at 29.1 the. Fff }.mw-parser-output.srn-white-background { background: # average manufacturing wage by country } truth to it its... Is between 16,849 and 25,840 country where raw materials are high-quality, affordable and... Companies hiring the most now: manufacturing worker salaries can vary depending on their position.srn-white-background! Dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars maximum salary is higher ), according BLS. }.mw-parser-output.static-row-numbers tr: hover { background: # eaf3ff } 2021... 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