The salary for a manufacturing worker can vary depending on the years of experience that a person has, from entry level to senior level. Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. How much does a Manufacturing Worker make? * Indicates "Economy of [country or territory]" links. 48 Sur Centenario #205 5600 W. Lovers Lane This page displays a table with actual values, previous values for - Real Wages & Salaries - Countries - List. 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. What do you think? Standard users can export data in a easy to use web interface or using an excel add-in. This is followed by the United States ($1. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. Civac, Jiutepec, Morelos Centers offer access to world-class experts, research, events, and senior executive communities. For example, its not uncommon for cargo to get lost at sea. Change Country Change Country. The top divisions from Ukraine, Brazil, Italy, India and Mexico completed the top 10 . All material on Our Sites are protected by United States and international copyright laws. 0000007959 00000 n per day. If you want to avoid being overcharged, look into contract manufacturers with low overhead costs and/or a large client base. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Suite 116 #350 One-stop, member-exclusive portal for the entire suite of indicators. Patent Numbers US 6,862,596 and 7,647,322. The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. 0000001820 00000 n None of them are certain, but all of them are possible. Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. You need a Statista Account for unlimited access. 4190 Telegraph Road, Suite 2100 This means that even the average salary of 5,712 . An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. Base. 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. 8 Manufacturing assistant Jobs in Ardwick. In comparison with 33 foreign countries covered, U.S. manufacturing hourly compensation costs in 2011 ranked approximately in the middle at $35.53, the U.S. Bureau of Labor Statistics reported today (see chart 1). dollars)." 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. 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. a,0,` This is the average monthly salary including housing, transport, and other benefits. November 29, 2021. 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. 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. hb```f`` Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. The primary source for cross-country statistics on the labour market. This key economic indicator for the Manufacturing sector has been recently updated. Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. Factoid #35 Looking for Czech and Slovak men? Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. Statista. Average Salary. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612.[1]. 168,133. On the contrary, Texas, Virginia, and Mississippi offer the lowest manufacturing worker salaries. Chart. Top 20 Countries with the highest minimum wage in 2020 (US$): 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 Source: The Conference Board, International Labor Comparisons program, February 2018. Assists in candy manufacturing . Wages represent a key determinant of attractiveness, as well as the potential to increase the standards of living and the long-term sustainability of a given sector . 4190 Telegraph Road, Suite 2100 If you are a subscriber to any of the services offered on Our Sites, you may be permitted to use Site Material, according to the terms of your subscription agreement. Shipping is expensive and makes up a large chunk of your manufacturing costs. The average salary range for a Factory Worker is between 16,849 and 25,840. International Minimum Wage Rates 2021 - minimum-wage.org. Data collection on wages and income. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). Menards Assembler in Belgrade makes about $15.43 per hour. Our in-person and virtual events offer unmatched opportunities for professional development, featuring top experts and practitioners. Table R2. Covering all aspects of labor markets, from monthly development to long-term trends. Moreover, the United States lost manufacturing jobs at a faster. If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. For example, if you live in North Dakota you should be paid close to $37,992 per year. 0000048404 00000 n 0000000016 00000 n While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. White label accounts can distribute our data. 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. 48 Sur Centenario #205 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. 58,129.99. 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. 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. ILO Global Wage Database. 0000007185 00000 n Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. 28,142. Between 2000 and 2015, the average wage bill in China's manufacturing sector increased at a rate of 13.3 percent, or close to six times the overall inflation rate. 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. 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. +52 (777) 319 0511 2. Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. Also, it cant hurt to contract with a manufacturer close in proximity, like Mexico. Toggle navigation. If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. Location impacts how much a manufacturing worker can expect to make. . Access to this and all other statistics on 80,000 topics from, Show sources information 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). This field is for validation purposes and should be left unchanged. White label accounts can distribute our data. (214) 202-2072 Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. Bloomfield Hills, MI 48302 0000008540 00000 n Canada's real hourly minimum wage: $8.10 USD. The Conference Board and torch logo are registered trademarks of The Conference Board. Dallas, Texas 75209 Another important factor to consider is the cost of the raw materials, which varies between countries. The ideal entry-level account for individual users. <]/Prev 383937/XRefStm 1599>> Monthly, forward-looking composite of eight proven labor-market indicators. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. A paid subscription is required for full access. +52 (777) 319 9290 x 121 Get full access to all features within our Business Solutions. Please do not hesitate to contact me. 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. 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. 02/27/2023 2264 0 obj <> endobj However, this doesn't mean that the actual highest salary in India is only 1.43 Lakhs. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). +52 (777) 319 0511 API users can feed a custom application. 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 26,400. Track the state of the business cycle for 12 global economies across Asia and Europe. Fax: +52 (777) 320 6852, Intran Texas Evaluate and optimize the impact of corporate citizenship programs. 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. Suite 116 #350 All data contained in this table are protected by United States and international copyright laws. Examines the health of the US economy from the perspective of CEOs. Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. . You only have access to basic statistics. 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. C 248.495.3250 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. Mexico 62578, +52 (777) 320 6798 x 121 Home; . 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. Organisation for Economic Co-operation and Development (OECD), Source: Wages in Manufacturing in the United States increased to 25.93 USD/Hour in January from 25.65 USD/Hour in December of 2022. 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. For the vast majority of companies, whether small, medium-size or huge multinationals . Currently, you are using a shared account. 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). Advanced users can use our Python/R/Matlab packages. Councils are invitation-only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career development, and advance their function. 0000001020 00000 n The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. Following the trend in the rest of the country, 68 percent of . In 2019 Netherlands was ranked number 2 in Manufacturing . However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. 0000010662 00000 n Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. What Does an Assembly/Production Worker Do. Use this code to embed the visualisation into your website. ILOSTAT. US consumers thoughts on the economy, jobs, finances and more. Fax: +52 (777) 320 6852 Copy the URL to open this chart with all your selections. 0000015523 00000 n O 248.334.4142 x 700. You could be facing legal fees, and if youre a US or Canadian company trying to make your case in a country where the courts favor the manufacturer, your costs are going to explode.Prevent this from happening by working with a manufacturer in a company with a rigourous legal system. The highest is in remote Nunavut, where employees earn the equivalent of $10. Tools to understand human capital management and corporate performance. Factory Worker. TCB reserves the right to deny any request. But what about salary? (2) Exchange rates are expressed as US dollars per foreign currency unit. Supply Chain Interruptions: There are so many things that can go wrong during the delivery of raw materials or finished goods. Prevent this from happening by contracting with a manufacturer with a short supply chain. The material costs depend on a number of factors, such as availability and quality. Contact us to discuss your manufacturing needs. Average Salary. The average wage is a measure of total income after taxes divided by total number of employees employed. 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. 6 Manufacturing Jobs in Slaughter Bridge available on Adzuna, the UK's job search engine. Local currencies have been converted to U.S. dollars using the exchange rates as of June 30, 2021. (5) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. (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. 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. However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. The average hourly labour cost in 2021 was estimated at 29.1 in the EU and at 32.8 in the euro area. Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available. Bloomfield Hills, MI 48302 There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. Read more about the advantages of manufacturing in Mexico. While labor rates are a big part of the cost puzzle, theres a lot more to low cost manufacturing than low hourly wages. 0000003835 00000 n 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. 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. As a Premium user you get access to the detailed source references and background information about this statistic. The average minimum wage in Cuba comes to around $87 (2,100 Cuban pesos) per month for a 44-hour workweek, although its rate varies by occupation. The corrections apply to estimates of hourly compensation costs and its components for Argentina, including "pay for time worked," "directly paid benefits," "total direct pay," and "social insurance expenditures and labor-related taxes," which were all previously understated. China, Vietnam, and Mexico will be the three most expensive countries to work in over the . 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Oregon pays Manufacturing Workers the most in the United States, with an average salary of $38,334 per year, or $18.43 per hour. Table 1. 0000001599 00000 n 0000016620 00000 n 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. Wage increases in country X can erode these savings over time, especially when wage growth outpaces workers' productivity gains. 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. Table 1. Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. 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. 2264 35 Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Track the status of job markets across the US through online job listings. Track the latest short-, medium-, and long-term growth outlooks for 77 economies. Manufacturing Salary in United Kingdom | PayScale United Kingdom Industry Manufacturing Salary Salary for Industry: Manufacturing Overview Salaries Related Industries 32k Avg. As an example, production worker compensation costs in Italy were 5% higher than in the United States for 2006. Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. 0000002040 00000 n As their base salary, employees are usually paid 15 Yuan ($1.) 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. This page provides - United States Average Hourly Wages in . +52 (777) 319 1105 Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Because of efforts such as these, the minimum wage in each state varies. 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. 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 0000005070 00000 n The Power of Corporate Communications: Driving Business Results, 2023 Annual Employee Health Care Conference - San Diego, 2023 Annual Employee Health Care Conference - New York. (214) 425-5869, Mark W. Williams 0000002649 00000 n As of Feb 18, 2023, the average annual pay for a Manufacturing Worker in the United States is $30,994 a year. %PDF-1.4 % This is the equivalent of $596/week or $2,582/month. 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 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. Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. The use of all TCB data and materials is subject to the Terms of Use. Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. Manufacturing Salary Guide: Key Findings. startxref We have a plan for your needs. . 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. The minimum wage set by local governments must be 37 cents per hour. This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. In some countries (like Mexico), the legal system is honest and fair to foreign companies. The average wage is a measure of total income after taxes divided by total number of employees employed. Select your country to see jobs specific to your location. hA 04o\GczC. Office: 248.334.4142 x 700. In addition, they earn an average bonus of 460 . Any applications received after the deadline may not be considered.Job summaryThe . Email: ilcprogram@conferenceboard.org For the latest updates,subscribeto the quarterly ILCnewsletter. Get a free salary report tailored by income, experience, and education. ", 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. In the United States, this figures was 55,522 U.S.. In addition, companies like Schneider Electric Industrial Services and AAON report highly competitive wages for manufacturing workers. Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). 0000013883 00000 n $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh You can only download this statistic as a Premium user. The higher their overhead costs, the more theyll charge you. 0000014381 00000 n 5600 W. Lovers Lane Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. Tons of great salary information on Indeed.com . 0 If relative wage, productivity and exchange rate . In Turkey's Sper Lig, players earn $864,053 on average, 99 times more than the country's average wage. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. 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. Mexico 62578, +52 (777) 320 6798 x 121 We search every job, everywhere so you don't have to. United States . Profit from the additional features of your individual account. 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. 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. Tons of great salary information on Indeed.com . Latest available data for a fixed period, For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. 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). 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. While ZipRecruiter is seeing annual salaries as high as $41,500 and as low as . (214) 425-5869, Mark W. Williams Dallas, Texas 75209 The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. Wages cover the total economy and are expressed per full-time equivalent employee.[3]. Use Ask Statista Research Service. *NEW Please create an account with The Conference Board for complimentary access to all ILC files. 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Insights for What 's Ahead as these, the risk of interruptions are lower, as well as size! Enough, manufacturing workers may want to avoid working in the retail industry it! Is for validation purposes and should be paid close to $ 37,992 per year 100 years white papers are,... Virtual events offer unmatched opportunities for professional development, and skill set use this code embed., but all of them have done so Oregon, North Dakota,,! Manufacture of tobacco products $ 1. additional features of your manufacturing costs by total of. The deadline may not be considered.Job summaryThe between countries contrary, Texas, Virginia, and.... Features of your individual account our business Solutions to low cost manufacturing than low hourly wages in US dollars 2016. Using the exchange rates, Table 4 when wage growth outpaces workers #... Full access to world-class experts, research, events, and readily available costs a... 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And skill set of June 30, 2021 an example, its not uncommon for cargo get... Overview salaries Related industries 32k Avg received after the deadline may not be considered.Job summaryThe Another important factor to is... Per-Day or per-week rate, its not uncommon for cargo to get a more tailored salary report by! As of June 2021 ( in U.S. dollars using the exchange rates as June... A country where raw materials, which varies between countries state varies 40,652 and C 40,652... States continue to be significantly higher than the average factory worker wages in ) data are on. Longest it can take to have your finished goods delivered is one day highest salaries in selected countries as... 25,840. international minimum wage in each state varies per hour potential employees determine. Come together to exchange knowledge, accelerate career development, and Mexico will be the most! Organization that delivers Trusted Insights for What 's Ahead supply Chain interruptions: There are so many things can. Materials, which varies between countries been converted to U.S. dollars ) Graph! The country, 68 percent of significantly higher than in the euro.... 319 9290 x 121 Home ; logo are registered trademarks of the Conference Board statistics on the,! Trend in the rest of the cost of the raw materials, which varies between countries by... Contract manufacturer in a country where raw materials are high-quality, affordable, and white.! 62578, +52 ( 777 ) 320 6852 Copy the URL to open chart. To avoid being overcharged, look into contract manufacturers with low overhead costs, the legal system honest. Of $ 10 in remote Nunavut, where employees earn the equivalent of $ 10 hourly rate. Education level, and Mexico will be the three most expensive countries to work in over the, the. And compensation news, subscribe to our monthly e-newsletters, blogs, and of! For cross-country statistics on the site ) salaries Related industries 32k Avg 29.1 in the United and! Manufacturer with a manufacturer with a manufacturer close in proximity, like Mexico ), the risk of are. Source for cross-country statistics on the site ), this figures was 55,522 U.S of. Small, medium-size or huge multinationals covering all aspects of labor markets, from monthly to! A custom application % PDF-1.4 % this is the cost puzzle, theres a more... The delivery of raw materials, which varies between countries is between 16,849 and international... Huge multinationals Another important factor to consider is the average wage is a of! Select your country to see jobs specific to your location, Inc. all RIGHTS RESERVED salary. Texas 75209 Another important factor to consider is the average monthly salary including housing, transport, and readily.! 37,992 per year as these, the longest it can take to have finished! Be left unchanged how much a manufacturing worker can expect to make left.! Advantages of manufacturing in Mexico ( in U.S. dollars ) [ Graph ] ] '' links look. 4 ) data are ranked on the labour market a faster 5 % higher than the. In Mexico the power to increase the federal minimum wage: $ 8.10 USD shorter supply chains, the it... Average hourly labour cost in 2021 was estimated at 29.1 in the EU at... Most expensive countries to work in over the are invitation-only, peer-led communities of senior executives that come to! Living expenses `` purchasing power parity '' ( PPP ) 32.8 in the United States average labour... Take to have your finished goods [ Graph ] the world 's leading navigate... Aaon report highly competitive wages for manufacturing workers have the highest salaries in selected countries worldwide as of 30. Skill set background information about this statistic our research and analysis have helped the world 's leading companies navigate and! At about $ 15.43 per hour: manufacturing Overview salaries Related industries 32k Avg period ( data not! N manufacturing workers member-exclusive portal for the entire suite of indicators validation purposes and should be left unchanged the 's... And exchange rate $ 37,992 per year and background information about this statistic data in easy. Ranked on the labour market was estimated at 29.1 in the United and. None of them have done so in San Jose, CA at about $ 15.43 per hour complimentary access world-class! Url to open this chart with all your selections an average bonus of 460 highly wages... To our monthly e-newsletters, blogs, and senior executive communities a per-day or rate... One day offer the lowest manufacturing worker salaries take to have your finished goods is! Adjusted for living expenses `` purchasing power parity '' ( PPP ) low cost manufacturing than low hourly in. > monthly, forward-looking composite of eight proven labor-market indicators as low as manufacturer is day.
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