Source: The Conference Board, International Labor Comparisons program, February 2018. Average Salary: 28,142. %PDF-1.4 % (214) 202-2072 Manufacturing Salary in United Kingdom | PayScale United Kingdom Industry Manufacturing Salary Salary for Industry: Manufacturing Overview Salaries Related Industries 32k Avg. (214) 425-5869, Mark W. Williams In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. Tools to help manage corporate governance, sustainability, and philanthropy programs. Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. In Turkey's Sper Lig, players earn $864,053 on average, 99 times more than the country's average wage. ILOSTAT. Access to this and all other statistics on 80,000 topics from, Show sources information (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. 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). In some countries (like Mexico), the legal system is honest and fair to foreign companies. Monthly, forward-looking composite of eight proven labor-market indicators. 48 Sur Centenario #205 International Minimum Wage Rates 2021 - minimum-wage.org. What Does an Assembly/Production Worker Do. Organisation for Economic Co-operation and Development (OECD), Source: Most countries had introduced minimum wage legislation by the end of the 20th century. ILO Global Wage Database. Dougherty, Frisancho Robles and Krishna (2014) show that productivity in Indian firms in labor-intensive industries as well as in industries facing highly volatile demand was, on average, about 11%-14% higher in the states with less restrictive labor laws than in others. Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. 0000005681 00000 n Track the status of job markets across the US through online job listings. For those who are just starting out, the average entry-level salary in San Jose, CA is $26,000. 0000016328 00000 n This field is for validation purposes and should be left unchanged. The highest is in remote Nunavut, where employees earn the equivalent of $10. EUR AVERAGE 2,490 EUR HIGH 6,240 EUR A person working in Factory and Manufacturing in Italy typically earns around 2,490 EUR per month. Bloomfield Hills, MI 48302 All data contained in this table are protected by United States and international copyright laws. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. List of countries by GDP (PPP) per capita, Disposable household and per capita income, List of countries by GDP (nominal) per capita, List of European countries by average wage, "Average wages, median wages, and wage dispersion", "Labour > Earnings > Average annual wages", "Gross Average Monthly Wages by Country and Year (2015)", https://en.wikipedia.org/w/index.php?title=List_of_countries_by_average_wage&oldid=1142252108, This page was last edited on 1 March 2023, at 10:06. . 0000007959 00000 n 28,142. Standard users can export data in a easy to use web interface or using an excel add-in. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. +52 (777) 319 9290 x 121 The highest paid occupations in Manufacturing, by average wage, are Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Medical & health services managers. 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). +52 (777) 319 1105 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. (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. 0000001599 00000 n Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. 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 This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. 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. The average salary range for a Factory Worker is between 16,849 and 25,840. Dollars). Contract Problems: If the manufacturer doesnt live up to the terms of your contract, the costs of using them can skyrocket. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment. Because of efforts such as these, the minimum wage in each state varies. We search every job, everywhere so you don't have to. 0 (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. (2) Exchange rates are expressed as US dollars per foreign currency unit. However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. In China, the average manufacturing wage will reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in 2015. Are you interested in testing our business solutions? 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. . 0000016620 00000 n Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth. Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. Wages in Manufacturing in the United States increased to 25.93 USD/Hour in January from 25.65 USD/Hour in December of 2022. 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. China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). 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. For example, its not uncommon for cargo to get lost at sea. *NEW Please create an account with The Conference Board for complimentary access to all ILC files. If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). 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. You need a Statista Account for unlimited access. While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. In some countries (like Mexico), the legal system is honest and fair to foreign companies. 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. Table 1. 5600 W. Lovers Lane O 248.334.4142 x 700. Change Country Change Country. 2264 35 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. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Germany. Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. 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. For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. Profit from the additional features of your individual account. We search every job, everywhere so you don't have to. The ideal entry-level account for individual users. On average, a Less Than HS Degree is the highest level of education for a Factory Worker. The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. 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. 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None of them are certain, but all of them are possible. 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. Are you based in the United States? 0000013626 00000 n Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. +52 (777) 319 1105 It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Use Ask Statista Research Service. Factoid #35 Looking for Czech and Slovak men? They include wages and salaries, remuneration for time not worked, bonuses and gratuities paid by the employer to the employee. Email: ilcprogram@conferenceboard.org For the latest updates,subscribeto the quarterly ILCnewsletter. 0000005430 00000 n Dallas, Texas 75209 Minimum wage relative to mean and median earnings. Select your country to see jobs specific to your location. Get a free salary report tailored by income, experience, and education. If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. . Track the state of the business cycle for 12 global economies across Asia and Europe. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. The higher their overhead costs, the more theyll charge you. Menards Assembler in Belgrade makes about $15.43 per hour. Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. hA 04o\GczC. Oregon pays Manufacturing Workers the most in the United States, with an average salary of $38,334 per year, or $18.43 per hour. As of Feb 18, 2023, the average annual pay for a Manufacturing Worker in the United States is $30,994 a year. 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. White label accounts can distribute our data. (4) Pay for time worked is primarily base wages and salaries, overtime pay, regular bonuses and premiums (paid each pay period), and cost of living adjustments. Fax: +52 (777) 320 6852 On the contrary, Texas, Virginia, and Mississippi offer the lowest manufacturing worker salaries. 0000013883 00000 n In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. A paid subscription is required for full access. endstream endobj 2297 0 obj <>/Filter/FlateDecode/Index[108 2156]/Length 66/Size 2264/Type/XRef/W[1 1 1]>>stream Prevent this from happening by contracting with a manufacturer with a short supply chain. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. . Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. Fax: +52 (777) 320 6852, Intran Texas "Average salaries in selected countries worldwide as of June 2021 (in U.S. California beats the national average by 5.9%, and New York furthers that trend with another $3,196 (10.9%) above the $29,195. 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