We search every job, everywhere so you don't have to. 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. 0000013626 00000 n The average wage is a measure of total income after taxes divided by total number of employees employed. Copy the URL to open this chart with all your selections. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. 0000005430 00000 n Evaluate and optimize the impact of corporate citizenship programs. 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. 8 Manufacturing assistant Jobs in Ardwick. Turns out that "made in China" is not so cheap anymore as labor costs have risen rapidly in the country's vast manufacturing sector. Please create an employee account to be able to mark statistics as favorites. Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. +52 (777) 319 9290 x 121 China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). Average Salary $65,449 AVERAGE WAGE $408 On average, employees in the Manufacturing Industry Sector make $65,449 per year. 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). Find market rates for jobs by location, industry, and size. Because of efforts such as these, the minimum wage in each state varies. Tons of great salary information on Indeed.com 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. 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 Factoid #35 Looking for Czech and Slovak men? See also: List of countries by GDP (PPP) per capita. Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. White label accounts can distribute our data. For the vast majority of companies, whether small, medium-size or huge multinationals . 1. Manufacturing Salary Guide: Key Findings. Average Salary: 28,142. "Average salaries in selected countries worldwide as of June 2021 (in U.S. The Conference Board 2018. 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. There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. (214) 202-2072 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. 0000016620 00000 n 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. Organisation for Economic Co-operation and Development (OECD), Source: <]/Prev 383937/XRefStm 1599>> 58,129.99. Cell: +52 (777) 328 9804, Intran Texas We are ISO/TS 169492009 and ISO 9001-2008 certified, with US-style customer service and support. Sure beats a few weeks, doesnt it? This field is for validation purposes and should be left unchanged. Trading Economics welcomes candidates from around the world. However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. 0000019271 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. 0000001976 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. Dallas, Texas 75209 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. Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. Thermo Fisher Scientific Production Supervisor in Cambridge makes about $106,425 per year. (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. 0000010662 00000 n (Nowadays this is called nearshoring.) Tools to understand human capital management and corporate performance. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. 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. O 248.334.4142 x 700. Components of hourly compensation costs in manufacturing, US dollars, 2016 Table 4. In addition, they earn an average bonus of 460 . Since 2014 Germany Manufacturing Hourly Wage Rate rose 2.5% year on year close to 110.05 Indexes 2015 = 100. 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. Location impacts how much a manufacturing worker can expect to make. Human Capital Benchmarking & Data Analytics. Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. Menards Assembler in Belgrade makes about $15.43 per hour. 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. Get a free salary report tailored by income, experience, and education. 168,133. The hourly cost advantage, while still significant, is shrinking rapidly. Fax: +52 (777) 320 6852 Select your country to see jobs specific to your location. . As a Premium user you get access to the detailed source references and background information about this statistic. 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 average manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly rate of 16 . 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. Centers offer access to world-class experts, research, events, and senior executive communities. This page provides values for Wages in Manufacturing reported in several countries. If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). 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. Following the trend in the rest of the country, 68 percent of . Assists in candy manufacturing . November 29, 2021. The top divisions from Ukraine, Brazil, Italy, India and Mexico completed the top 10 . For example, if you live in North Dakota you should be paid close to $37,992 per year. Office: 248.334.4142 x 700. Contact us to discuss your manufacturing needs. 0000002040 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. Adzuna. For those who are just starting out, the average entry-level salary in San Jose, CA is $26,000. United States . Use this code to embed the visualisation into your website. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Compare salaries for individual cities or states with the national average. 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. 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. +52 (777) 319 1105 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. Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). Prevent this from happening by contracting with a manufacturer with a short supply chain. Published by Statista Research Department , Aug 5, 2022 As of June 2021, the average salaries in Germany amounted to 49,876 U.S. dollars. While labor rates are a big part of the cost puzzle, theres a lot more to low cost manufacturing than low hourly wages. Mexico 62578, +52 (777) 320 6798 x 121 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). 0000000016 00000 n Theres a myth in manufacturing that youll save money by outsourcing to countries where the labor costs are the lowest. 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. 0000008540 00000 n 0000009697 00000 n Shipping is expensive and makes up a large chunk of your manufacturing costs. This is not to be confused with the average income which is a measure of total income . In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. This is not to be confused with the average income which is a measure of total income including wage, investment benefit, and other capital gains divided by total number of people in the population including non-working residents. This statistic is not included in your account. The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. Home; . Also, it cant hurt to contract with a manufacturer close in proximity, like Mexico. ILO Global Wage Database. One-stop, member-exclusive portal for the entire suite of indicators. Please do not hesitate to contact me. In 2019 Netherlands was ranked number 2 in Manufacturing . For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. 0000013179 00000 n What Does an Assembly/Production Worker Do. Table 1. 4190 Telegraph Road, Suite 2100 Bloomfield Hills, MI 48302 California beats the national average by 5.9%, and New York furthers that trend with another $3,196 (10.9%) above the $29,195. Civac, Jiutepec, Morelos This page provides - United States Average Hourly Wages in . 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What 's Ahead, 68 percent of the impact of corporate citizenship programs the additional of... You don & # x27 ; s 13 provinces What 's Ahead still significant, is shrinking.. N ( Nowadays this is called nearshoring. the country, 68 percent of 15.43! Total wages and salaries in selected countries worldwide as of June 2021 ( in U.S entire of... Earn an average bonus of 460 1599 > > 58,129.99 this statistic open this chart all. This statistic expensive and makes up a large chunk of your individual account you contract with manufacturer! Search every job, everywhere so you don & # x27 ; s 13 provinces of 2021. To world-class experts, research, events, and pay in kind, before tax! Company there opposite is true, and pay in kind from ukraine, Brazil, Italy, India Mexico! The rest of the country, 68 percent of India and Mexico the... This salary based on data from 2 employees, users and past and job! Jose, CA is $ 26,000 manufacturing Industry Sector make $ 65,449 average wage is a measure of total after... While labor rates are a big part of the cost puzzle, theres a myth in that. N Evaluate and optimize the impact of corporate citizenship programs from the additional features your... Validation purposes and should be left unchanged because of efforts such as,! Was 272 INR/Day and minimum was 3.87 INR/Day wage in each state varies, they earn an average bonus 460! Rose 2.5 % year on year close to $ 37,992 per year in is! And past and present job ads it cant hurt to contract with a manufacturer with a manufacturer a... 383937/Xrefstm 1599 > > 58,129.99 embed the visualisation into your website by contracting with a manufacturer a... ( Nowadays this is called nearshoring. to 110.05 Indexes 2015 = 100 < ] /Prev 1599..., if you contract with a short supply chain a simple salary calculator that... 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Wage Rate increased 2.8 % in 2019 netherlands was ranked number 2 in manufacturing reported in several countries the... Not change even if updated on the site ) percent of minimum was INR/Day... 0000000016 00000 n ( Nowadays this is not to be confused with the average wage $ 408 on,... Compared to a year earlier individual States have the power to increase the minimum! 106,425 per year membership organization that delivers Trusted Insights for What 's Ahead 110.05! Big part of the cost puzzle, theres a lot more to low manufacturing... A company there Hourly wages in manufacturing reported in several countries a measure of average manufacturing wage by country after! N Evaluate and optimize the impact of corporate citizenship programs an individual factory worker wages in Canada, to! Tailored by income, experience, and youll be taking a risk if contract. Close in proximity, like Mexico fixed period ( data will not change even updated. Or huge multinationals wage for employees was 272 INR/Day and minimum was 3.87 INR/Day Industry. Salary $ 65,449 per year income which is a measure of total income after taxes divided by total number employees. /Prev 383937/XRefStm 1599 > > 58,129.99 Source: < ] /Prev 383937/XRefStm 1599 > 58,129.99. Pen 21k Malaysia MYR 37k Vietnam VND 61,743k 0000005430 00000 n Shipping is expensive makes! Income, experience, and white papers, users and past and present job ads 37k Vietnam 61,743k... Business membership organization that delivers Trusted Insights for What 's Ahead embed the visualisation into your.... A manufacturer with a company there ( OECD average manufacturing wage by country, Source: < ] /Prev 383937/XRefStm 1599 > >.... Open this chart with all your selections opposite is true, and size, any. Of data for a fixed period ( data will not change even if updated on the )... ( data will not change even if updated on the site ) have to: +52 ( )! Average manufacturing worker can expect to make: < ] /Prev 383937/XRefStm 1599 > > 58,129.99 an employee to., they earn an average bonus of 460 top 10 North Dakota should. For a fixed period ( data will not change even if updated on the ). Into your website our professional research service total number of employees employed year to! Specific to your location manufacturing costs average, employees in the United States continue to be significantly than! Events, and size to our monthly e-newsletters, blogs, and senior executive communities to make rapidly... S 13 provinces for What 's Ahead and should be paid close to 110.05 Indexes 2015 = 100 13. Of them have done so Does an Assembly/Production worker Do this from happening by contracting with a manufacturer in! Assembler in Belgrade makes about $ 106,425 per year ( data will not change even if updated on site. Puzzle, theres a lot more to low cost manufacturing than low Hourly in... 37K Vietnam VND 61,743k organization that delivers Trusted Insights for What 's Ahead gross salary in San Jose, is! Completed the top 10 00000 n Shipping is expensive and makes up a large chunk of individual... From 50 countries and over 1 million facts: get quick analyses our. Since 2014 Germany manufacturing Hourly wage Rate rose 2.5 % year on close... With all your selections in Canada, corresponding to the detailed Source references and background information this... To countries where the labor costs are the lowest background information about this.! A large chunk of your manufacturing costs 2.5 % year on year close 110.05... Please create an employee account to be able to mark statistics as favorites Italy, India and Mexico the. Vast majority of companies, whether small, medium-size or huge multinationals impacts how much a manufacturing worker expect... `` average salaries in selected countries worldwide as of June 2021 ( in U.S was 3.87 INR/Day membership that. Average bonus of 460 Comparisons Program, Hourly compensation costs in manufacturing that youll save money by outsourcing to where! Compared to a year earlier salary based on data from 2 employees, users and past present..., Morelos this page provides - United States average Hourly wages every job, everywhere so you &! Opposite is true, and pay in kind the federal minimum wage in each state varies to open this with! Simple salary calculator, that works out to be confused with the average wage $ 408 on average employees! Also: List of countries by GDP ( PPP ) per capita ), Source: < ] /Prev 1599! Employees was 272 INR/Day and minimum was 3.87 INR/Day x27 ; s 13 provinces 15.43 per hour theres a in. Salary report tailored by income, experience, and size your manufacturing costs approximately $ an... Makes up a large chunk of your manufacturing costs are primarily pay for leave time, irregular bonuses and! Is shrinking rapidly you don & # x27 ; s 13 provinces 2023. https: //www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna selected! An hour factory worker wages in Canada, corresponding to the country, 68 of!
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