average manufacturing wage by country

Civac, Jiutepec, Morelos This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. Please do not hesitate to contact me. Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth. . 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 . The Trading Economics Application Programming Interface (API) provides direct access to our data. We have a plan for your needs. The average wage is a measure of total income after taxes divided by total number of employees employed. Cell: +52 (777) 328 9804, Intran Texas Latest available data for a fixed period, 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. 0000002464 00000 n Fax: +52 (777) 320 6852 API users can feed a custom application. As of Feb 18, 2023, the average annual pay for a Manufacturing Worker in the United States is $30,994 a year. 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). 0000001599 00000 n The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. 2023 The Conference Board Inc. All rights reserved. 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"). 0000010662 00000 n If we look back at our nearly five decades of being in business, we've . Filters. 02/27/2023 Select your country to see jobs specific to your location. Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. Toggle navigation. The use of all TCB data and materials is subject to the Terms of Use. Its because of a variety of reasons, including lower shipping and labor costs, a short supply chain, and intellectual property laws that are similar to those in the US. +52 (777) 319 1105 None of them are certain, but all of them are possible. Job Outlook For Manufacturing According to the Bureau of Labor Statistics, approximately 550,000 manufacturing jobs will be lost over the next four years. The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. 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. Top countries in terms of manufacturing output. 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. In addition, they earn an average bonus of 460 . Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). The average wage is a measure of total income after taxes divided by total number of employees employed. 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. All material on Our Sites are protected by United States and international copyright laws. Trading Economics welcomes candidates from around the world. 0000014381 00000 n 0000072830 00000 n Minimum relative to average wages of full-time workers. In some states, the wages are much higher than in others. The minimum wage set by local governments must be 37 cents per hour. Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. If the shipping supply chain is interrupted somehow, the costs of that manufacturer go up. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. All data contained in this table are protected by United States and international copyright laws. The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. 2298 0 obj <>stream 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. endstream endobj 2297 0 obj <>/Filter/FlateDecode/Index[108 2156]/Length 66/Size 2264/Type/XRef/W[1 1 1]>>stream 0000001820 00000 n Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. 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). Published by Statista Research Department , Aug 5, 2022 As of June 2021, the average salaries in Germany amounted to 49,876 U.S. dollars. API users can feed a custom application. Select your country to see jobs specific to your location. 0000002649 00000 n Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. 0000005031 00000 n Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. . 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Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. 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. startxref 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. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. Moreover, the United States lost manufacturing jobs at a faster. (2) Exchange rates are expressed as US dollars per foreign currency unit. 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. %%EOF Tons of great salary information on Indeed.com Detailed information on the use of cookies on this site is provided in our, Detailed information on the use of cookies on this site is provided in our, Hourly compensation costs for Argentina, 2015-2016. . Read more about the advantages of manufacturing in Mexico. Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. 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 total, wages and benefits increased 4% in 2021the biggest increase in over 20 years, according to BLS data. 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. This page displays a table with actual values, previous values for - Real Wages & Salaries - Countries - List. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. ILO Global Wage Database. as a percent of total hourly compensation. 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. (214) 202-2072 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. This is not to be confused with the average income which is a measure of total income . White label accounts can distribute our data. Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. You need a Statista Account for unlimited access. The ideal entry-level account for individual users. Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. Show publisher information 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. Organisation for Economic Co-operation and Development (OECD), Source: Wages in Manufacturing in the United States averaged 10.11 USD/Hour from 1950 until 2023, reaching an all time high of 25.93 USD/Hour in January of 2023 and a record low of 1.27 USD/Hour in February of 1950. 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. 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