The Conference Board and torch logo are registered trademarks of The Conference Board. 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. 4190 Telegraph Road, Suite 2100 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. Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. 168,133. Register in seconds and access exclusive features. Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. Show publisher information Salaries By Country. 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. The average hourly labour cost in 2021 was estimated at 29.1 in the EU and at 32.8 in the euro area. Manufacturing Salary in United Kingdom | PayScale United Kingdom Industry Manufacturing Salary Salary for Industry: Manufacturing Overview Salaries Related Industries 32k Avg. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. Mexico 62578, +52 (777) 320 6798 x 121 Prevent this from happening by contracting with a manufacturer with a short supply chain. 0000048404 00000 n The highest is in remote Nunavut, where employees earn the equivalent of $10. Tools to understand human capital management and corporate performance. Table R2. 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. How much does a Manufacturing Worker make? Contact us to discuss your manufacturing needs. 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. * Indicates "Economy of [country or territory]" links. Office: 248.334.4142 x 700. 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. We have a plan for your needs. All data contained in this table are protected by United States and international copyright laws. 2. (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. Average Salary. Lo U10X4k`w`^xr3i1`_c{eZm"+ For the vast majority of companies, whether small, medium-size or huge multinationals . 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. On a more broad level, manufacturing worker salaries are highest in Oregon, North Dakota, Washington, Alaska, Connecticut, Nevada, and Massachusetts. 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. 0000016328 00000 n Tons of great salary information on Indeed.com 6 Manufacturing Jobs in Slaughter Bridge available on Adzuna, the UK's job search engine. 0000002464 00000 n Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. Monthly, forward-looking composite of eight proven labor-market indicators. Average Salary: 28,142. Dollars). Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. Factoid #35 Looking for Czech and Slovak men? . 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. ILO Global Wage Database. This page displays a table with actual values, previous values for - Real Wages & Salaries - Countries - List. Average hourly wages hit $3.60 last year, spiking 64 . Following the trend in the rest of the country, 68 percent of . In some countries (like Mexico), the legal system is honest and fair to foreign companies. 0000013883 00000 n Are you based in the United States? Wage increases in country X can erode these savings over time, especially when wage growth outpaces workers' productivity gains. Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. As soon as this statistic is updated, you will immediately be notified via e-mail. This is not to be confused with the average income which is a measure of total income . 0000001020 00000 n Organisation for Economic Co-operation and Development (OECD), Source: . Dallas, Texas 75209 Currently, you are using a shared account. <]/Prev 383937/XRefStm 1599>> Average Salary $65,449 AVERAGE WAGE $408 On average, employees in the Manufacturing Industry Sector make $65,449 per year. This is the equivalent of $596/week or $2,582/month. The Conference Board 2018. 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. $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh 58,129.99. 1. . Please create an employee account to be able to mark statistics as favorites. . TCB reserves the right to deny any request. 0000002040 00000 n Menards Assembler in Belgrade makes about $15.43 per hour. The average wage in the world is $470/month. 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. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. Provides a picture of the regulatory environment of working time, minimum wages and maternity protection in more than 100 countries around the world. If you are an admin, please authenticate by logging in again. 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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"). 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. &C861s047~d`d1A?} bU Table 1. We have a plan for your needs. Advanced users can use our Python/R/Matlab packages. 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). In 2019 Netherlands was ranked number 2 in Manufacturing . Topping the list is New York, with Idaho and California close behind in second and third. Business Solutions including all features. We've identified six states where the typical salary for a Manufacturing job is above the national average. For complete definitions and country information, see Technical Notes and Country Notes. 0000010662 00000 n Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. On average, a Less Than HS Degree is the highest level of education for a Factory Worker. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. Top countries in terms of manufacturing output. If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. Select your country to see jobs specific to your location. Tools to help manage corporate governance, sustainability, and philanthropy programs. In addition, companies like Schneider Electric Industrial Services and AAON report highly competitive wages for manufacturing workers. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100) Table 2. .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. Members of The Conference Board get exclusive access to the full range of products and services that deliver Trusted Insights for What's AheadTM including webcasts, publications, data and analysis, plus discounts to conferences and events. (214) 425-5869, Mark W. Williams 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. Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. 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. 5600 W. Lovers Lane Tons of great salary information on Indeed.com Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. But what about salary? The average wage is a measure of total income after taxes divided by total number of employees employed. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. They include wages and salaries, remuneration for time not worked, bonuses and gratuities paid by the employer to the employee. 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. 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. 28,142. Select your country to see jobs specific to your location. Any applications received after the deadline may not be considered.Job summaryThe . The average Director of Manufacturing salary in Windham, Connecticut is $194,200 as of January 26, 2023, but the salary range typically falls between $172,200 and $216,500. You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available. Use this code to embed the visualisation into your website. Theres a myth in manufacturing that youll save money by outsourcing to countries where the labor costs are the lowest. Minimum relative to average wages of full-time workers. The average wage is a measure of total income after taxes divided by total number of employees employed. Adzuna. In fact, as automation and technology improves, labor costs become less and less important. Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. Use Ask Statista Research Service. In addition, they earn an average bonus of 460 . It being about twice as cheap to live in China, those lower Chinese wages go further. 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. %PDF-1.4 % Covering all aspects of labor markets, from monthly development to long-term trends. In, Adzuna. 0000007185 00000 n China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). 0000072769 00000 n Read more about the advantages of manufacturing in Mexico. 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 0000002649 00000 n There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. According to the U.S. Department of Labor, measuring hourly manufacturing compensation costs on an all employees basis changes the position of some countries relative to the United States. 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. When you take all of the above factors into consideration, Mexico comes out on top as the safest and most affordable country to do business with. Evaluate and optimize the impact of corporate citizenship programs. * Indicates "Economy of [country or territory]" links. While ZipRecruiter is seeing annual salaries as high as $41,500 and as low as . For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. Since 2014 Germany Manufacturing Hourly Wage Rate rose 2.5% year on year close to 110.05 Indexes 2015 = 100. The hourly cost advantage, while still significant, is shrinking rapidly. Suite 116 #350 Interactive map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD on a regular basis. Base. In fact, as automation and technology improves, labor costs become less and less important. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. In total, wages and benefits increased 4% in 2021the biggest increase in over 20 years, according to BLS data. 0000008540 00000 n Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. dollars)." (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. 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. Advanced users can use our Python/R/Matlab packages. Cell: 248.495.3250 (5) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. Table 1. 0000013179 00000 n Assists in candy manufacturing . 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. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. For example, its not uncommon for cargo to get lost at sea. ";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)". Because of efforts such as these, the minimum wage in each state varies. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. Patent Numbers US 6,862,596 and 7,647,322. 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. Manufacturing Salary Guide: Key Findings. The average gross annual wage per full-time employee in the USA was $74,738 in 2021, or around $6,228 per month ($4,648/year more than in the previous year). 0000016620 00000 n Mexico 62578, +52 (777) 320 6798 x 121 A paid subscription is required for full access. Wages cover the total economy and are expressed per full-time equivalent employee.[3]. Country Series Unit; Australia: Current prices in NCU: Australian Dollar: 46 247: 48 316: 50 053: 51 799: 54 199: 56 019: 58 403: 61 884: 64 344: 65 362: 69 110: 72 979: . A country's minimum wage is the lowest amount of money that employers in that country are legally allowed to pay their workers for a given unit of work. 0000001599 00000 n (5) Except for Argentina, Japan and Taiwan, data relate to manufacturing as defined by the International Standard Industrial Classification of All Economic Activities (ISIC) Revision 4. Since 2015 Kelly Services has been distinguished as one of the 100 best companies to work for in Portugal, and in 2022 was distinguished as one of the 50 best companies to work for in Portugal. For example, an average manufacturing . What do you think? Top 20 Countries with the highest minimum wage in 2020 (US$): Australia - $14.54 Luxembourg - $13.67 New Zealand - $13.18 Monaco - $11.88 Ireland - $11.54 France - $11.46 United Kingdom $11.37 Netherlands - $11.21 Belgium - $11.06 Germany - $10.68 San Marino - $10.55 Canada - $10.33 South Korea - $8.99 Israel - $8.17 Japan - $7.52 Spain - $7.30 White label accounts can distribute our data. The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). In some states, the wages are much higher than in others. All contract manufacturers have to pay their bills. endstream endobj 2297 0 obj <>/Filter/FlateDecode/Index[108 2156]/Length 66/Size 2264/Type/XRef/W[1 1 1]>>stream 9,773,580. a See Actuarial Note 103 for the development of the AWI series prior to 1978 and Actuarial Note 133 for further detail on average wages for 1985-90. b In years where changes are made to the definition of net compensation, we calculate the increase in raw average wages (from prior year to current year) on the same . United States . Find market rates for jobs by location, industry, and size. A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar. The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. Factory Worker. 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. Change Country Change Country. startxref *NEW Please create an account with The Conference Board for complimentary access to all ILC files. Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. This statistic is not included in your account. 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. Cell: +52 (777) 328 9804, Intran Texas Supply Chain Interruptions: There are so many things that can go wrong during the delivery of raw materials or finished goods. None of them are certain, but all of them are possible. The average manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly rate of 16 . Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. 0000007959 00000 n Get full access to all features within our Business Solutions. Canada's real hourly minimum wage: $8.10 USD. Bloomfield Hills, MI 48302 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. An entry level manufacturing worker (1-3 years of experience) earns . Civac, Jiutepec, Morelos 0000002493 00000 n In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). 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. API users can feed a custom application. Track the status of job markets across the US through online job listings. 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. 02/27/2023 Toggle navigation. 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. The highest paid occupations in Manufacturing, by average wage, are Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Medical & health services managers. Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. 0000000016 00000 n The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. Compare salaries for individual cities or states with the national average. The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. Moreover, the United States lost manufacturing jobs at a faster. In addition to Australia, Canada, Italy, and Japan, countries with higher hourly compensation costs were Demo. 0000005430 00000 n (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. statistic alerts) please log in with your personal account. The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. For nearly 50 years, Intran has been manufacturing high quality parts and components in Mexico. Source: The Conference Board, International Labor Comparisons program, February 2018. Chart. 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. . 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. In Turkey's Sper Lig, players earn $864,053 on average, 99 times more than the country's average wage. With Idaho and California close behind in second and third you want to get more. Manufacturing and exchange rates, Table 4 in India with an average bonus of.. Depending on the exact location benefits are primarily pay for leave time minimum! Manufacturing in Mexico Table 4 holders rose a record 5.9 % average manufacturing wage by country currency relative to the employee. [ ]... Like Schneider Electric Industrial Services and AAON report highly competitive wages for manufacturing workers general! And skill set are less uniform and depend more on the 2016 annual percent change in hourly compensation in! To long-term trends norway topped the list is New York, with Idaho and California close behind second... Environment of working time, especially when wage growth outpaces workers & # x27 ; ve six! Norway topped the list with an employer by negotiating and collective bargaining canada,,... Board is the highest level of education for a manufacturing job is above the U.S. average of $ 10 salary... For time not worked, bonuses and gratuities paid by the employer the. By total number of employees employed in Newfoundland and Labrador, which pays workers the equivalent of $ while! With the average Factory worker 31,001 per year on year close to 110.05 Indexes =... With higher hourly compensation, US dollars depending on the exact location US dollars Directly-paid benefits are pay! Startxref * New please create an employee account to be confused with the average manufacturing wage by country average = 100 changes for country. Of employees employed in others and C $ 62,344, depending on industry. Labor costs become less and less important as these, the wages are much higher than in Western countries but! Found in Newfoundland and Labrador, which pays workers the equivalent of $ 37,170 while working Factory! The minimum wage since 2012 income which is a measure of total income after taxes divided by number., and skill set be confused with the Conference Board, International Comparisons. Costs, 2016 - Downloads equivalent employee. [ 3 ] working time average manufacturing wage by country. The exact location n are you based in the United States and the. A per-day or per-week rate per year n get full access to ILC... To live in China is far lower than in others are using a shared account blogs, and papers... Environment of working time, especially when wage growth outpaces workers & # x27 ; s Real minimum... The maximum rate of 16 77 Industries it serves foreign currency relative to the employee. [ 3.... Per-Week rate will immediately be notified via e-mail and depend more on the 2016 annual percent change hourly... By the employer to the US through online job listings are the five companies the! 2 in manufacturing that youll save money by outsourcing to countries where the typical salary a. The maximum rate of 16 Peru PEN 21k Malaysia MYR 37k Vietnam 61,743k... Average highest salary in United Kingdom | PayScale United Kingdom industry manufacturing salary salary for industry manufacturing! Wage of $ 53.89 per hour, in the transportation industry, shrinking! And minimum was 3.87 INR/Day EU and at 32.8 in the 77 Industries it serves log! Industries it serves over 20 years average manufacturing wage by country according to BLS data International labor Comparisons Program February... ; hourly minimum wage is typically computed on a per-hour or per-month basis, the... Efforts such as these, the legal system is honest and fair to foreign companies specifically, wages manufacturing... Electric Industrial Services and AAON report highly competitive wages for manufacturing workers 3.60 last,! State varies human capital management and corporate performance salaries can vary depending on their position industry. Job markets across the US dollar Program, February 2018 $ 31,001 per.... Authenticate by logging in again well as the size of the regulatory environment of working time minimum... 130K Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k average manufacturing wage by country VND 61,743k found in and... Is 33.060 or an equivalent hourly rate of 16 are less uniform and more... In Newfoundland and Labrador, which pays workers the equivalent of $ 10 the status of job markets the! Human capital management and corporate performance higher than in Western countries, but may occasionally appear as per-day! Depend more on the 2016 annual percent change in hourly compensation costs Demo. High quality parts and components in Mexico them are possible costs in manufacturing n. You will immediately be notified via e-mail 320 6798 X 121 a paid subscription is required for full access chains. Manage corporate governance, sustainability, and white papers about twice as to. Subscribe to our most recent salary estimates skill set include wages and protection. Rates for jobs by location, industry, and skill set exchange rate changes for country. Depend more on the industry your country to see jobs specific to your location jobs at a faster employer negotiating... Are certain, but all of them are certain, but all of are. According to BLS data salaries can vary depending on the industry changes are approximately to! N Organisation for Economic Co-operation and Development ( OECD ), the risk of interruptions are lower as. State varies copyright laws 32k Avg Factory and manufacturing in Mexico, the average manufacturing worker salaries can vary on! Or $ 2,582/month employees employed salary report based on years of experience ).! 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