Location impacts how much a manufacturing worker can expect to make. 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. startxref 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. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. 0000009697 00000 n 2298 0 obj <>stream 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 Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. 0000007185 00000 n Get a free salary report tailored by income, experience, and education. Email: [email protected] For the latest updates,subscribeto the quarterly ILCnewsletter. Are you based in the United States? Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. Read more about the advantages of manufacturing in Mexico. (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. This is not to be confused with the average income which is a measure of total income . (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. 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. Dollars). Following the trend in the rest of the country, 68 percent of . 48 Sur Centenario #205 You may not use Our Trademarks in connection with any product or service that does not belong to us nor in any manner that is likely to cause confusion among users about whether The Conference Board is the source, sponsor, or endorser of the product or service, nor in any manner that disparages or discredits us. Data collection on wages and income. Average annual wages per full-time equivalent dependent employee 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 average usual weekly hours per full-time employee to average usually weekly hours for all employees. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. Organisation for Economic. 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. In China, the average manufacturing wage will reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in 2015. (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. . The monthly minimum wage in 56 major cities is 1,200 ringgit (US$291), whereas the minimum wage in non-urban areas and rural towns is 1,100 ringgit (US$266). The average salary in China is far lower than in Western countries, but the cost of living is also much lower. The average wage in the world is $470/month. 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. This is followed by the United States ($1. However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. While labor rates are a big part of the cost puzzle, theres a lot more to low cost manufacturing than low hourly wages. As an example, production worker compensation costs in Italy were 5% higher than in the United States for 2006. We've identified six states where the typical salary for a Manufacturing job is above the national average. Source: The Conference Board, International Labor Comparisons program, February 2018. Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. . For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Prevent this from happening by contracting with a manufacturer with a short supply chain. 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. All contract manufacturers have to pay their bills. Home; . Minimum relative to average wages of full-time workers. Lo U10X4k`w`^xr3i1`_c{eZm"+ 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. US consumers thoughts on the economy, jobs, finances and more. 0000012248 00000 n But what about salary? This key economic indicator for the Manufacturing sector has been recently updated. 2023 The Conference Board Inc. All rights reserved. Advanced users can use our Python/R/Matlab packages. Components of hourly compensation costs in manufacturing, US dollars, 2016 Table 4. ILOSTAT. hA 04o\GczC. In December specifically, wages for existing job holders rose a record 5.9%. Patent Numbers US 6,862,596 and 7,647,322. All material on Our Sites are protected by United States and international copyright laws. Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. An accountant with 0-2 years of experience earns an average salary of $25,373, a mid-career professional with 3-6 years of experience makes $31,001 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $38,634. The higher their overhead costs, the more theyll charge you. +52 (777) 319 9290 x 121 As of Feb 18, 2023, the average annual pay for a Manufacturing Worker in the United States is $30,994 a year. Supporters of minimum wage argue the opposite, saying that it increases the standard of living for workers, reduces poverty and inequality, stimulates the economy by increasing purchasing power, and boosts employee morale. . 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 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. For those who are just starting out, the average entry-level salary in San Jose, CA is $26,000. 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. 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. Civac, Jiutepec, Morelos Factory Worker. Then you can access your favorite statistics via the star in the header. In the United States, this figures was 55,522 U.S.. While looking for a contract manufacturer, its wise to take the shipping costs into consideration and make a point to outsource to a manufacturer close to your end market. The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. 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. [Online]. 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. dollars)." White label accounts can distribute our data. 4190 Telegraph Road, Suite 2100 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. 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. 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. . 0000005681 00000 n 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. per day. The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. Menards Assembler in Belgrade makes about $15.43 per hour. Job Outlook For Manufacturing According to the Bureau of Labor Statistics, approximately 550,000 manufacturing jobs will be lost over the next four years. They include wages and salaries, remuneration for time not worked, bonuses and gratuities paid by the employer to the employee. This is the average monthly salary including housing, transport, and other benefits. Another important factor to consider is the cost of the raw materials, which varies between countries. 0000002649 00000 n There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. On average, a Less Than HS Degree is the highest level of education for a Factory Worker. Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. Fax: +52 (777) 320 6852 The average manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly rate of 16 . (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. Bloomfield Hills, MI 48302 Table 1. Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. Annually, the company employs an average of 560 000 people in temporary work and 10 000 in permanent roles. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. On a more broad level, manufacturing worker salaries are highest in Oregon, North Dakota, Washington, Alaska, Connecticut, Nevada, and Massachusetts. This means that even the average salary of 5,712 . In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). 0000072830 00000 n "Average salaries in selected countries worldwide as of June 2021 (in U.S. Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. 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. In addition to Australia, Canada, Italy, and Japan, countries with higher hourly compensation costs were 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 average wage is a measure of total income after taxes divided by total number of employees employed. 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. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. Theres a myth in manufacturing that youll save money by outsourcing to countries where the labor costs are the lowest. One-stop, member-exclusive portal for the entire suite of indicators. The Conference Board 2018. %%EOF API users can feed a custom application. 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 . 0000072769 00000 n Wages cover the total economy and are expressed per full-time equivalent employee.[3]. See also: List of countries by GDP (PPP) per capita. * Indicates "Economy of [country or territory]" links. Standard users can export data in a easy to use web interface or using an excel add-in. Examines the health of the US economy from the perspective of CEOs. 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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. The primary source for cross-country statistics on the labour market. Dallas, Texas 75209 The use of all TCB data and materials is subject to the Terms of Use. For example, its not uncommon for cargo to get lost at sea. 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. Learn about SalaryExperts 30 years of experience in salary data and compensation analysis, Learn how SalaryExperts salary survey data can help you with your compensation planning, Reach out to us with any concerns or questions. Manufacturing Salary in United Kingdom | PayScale United Kingdom Industry Manufacturing Salary Salary for Industry: Manufacturing Overview Salaries Related Industries 32k Avg. 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. +52 (777) 319 1105 Top countries in terms of manufacturing output. An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings 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. As a Premium user you get access to background information and details about the release of this statistic. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. 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. Learn more about how Statista can support your business. Shipping is expensive and makes up a large chunk of your manufacturing costs. For nearly 50 years, Intran has been manufacturing high quality parts and components in Mexico. Cell: 248.495.3250 hb```f`` (6) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. 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. 0000007708 00000 n 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. 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. 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. Average Salary. . 0000013179 00000 n None of them are certain, but all of them are possible. Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. The material costs depend on a number of factors, such as availability and quality. Suite 116 #350 Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. 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). Change Country Change Country. +52 (777) 319 0511 Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. Tons of great salary information on Indeed.com Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. If relative wage, productivity and exchange rate . 5600 W. Lovers Lane Our webinar recordings explore various compensation topics and explain our products. 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). The average wage is a measure of total income after taxes divided by total number of employees employed. The salary for a manufacturing worker can vary depending on the years of experience that a person has, from entry level to senior level. 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. How much does a Manufacturing Worker make? 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. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. As soon as this statistic is updated, you will immediately be notified via e-mail. Please do not hesitate to contact me. 0000008540 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. 28,142. While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. . If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. Contract Problems: If the manufacturer doesnt live up to the terms of your contract, the costs of using them can skyrocket. 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. +52 (777) 319 0511 Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). 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. 0000048404 00000 n This is the equivalent of $596/week or $2,582/month. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). 02/27/2023 This page provides - United States Average Hourly Wages in . For example, if you live in North Dakota you should be paid close to $37,992 per year. We search every job, everywhere so you don't have to. Our in-person and virtual events offer unmatched opportunities for professional development, featuring top experts and practitioners. If the shipping supply chain is interrupted somehow, the costs of that manufacturer go up. Because of efforts such as these, the minimum wage in each state varies. This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. Business Solutions including all features. The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. 0000013626 00000 n A paid subscription is required for full access. You must abide by all copyright notices and restrictions contained in Our Sites. Looking beyond the obvious costs, its a good idea to think about the following hidden costs. China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. 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. Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). Read more about the advantages of manufacturing in Mexico. as a percent of total hourly compensation. 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. Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years. 48 Sur Centenario #205 Table R2. (214) 202-2072 Canada's real hourly minimum wage: $8.10 USD. 0000005070 00000 n Schedule time with our certified representatives to learn more about our platform for salary and cost of living analyses. This page displays a table with actual values, previous values for - Real Wages & Salaries - Countries - List. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. O 248.334.4142 x 700. 0000005315 00000 n 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. You don & # x27 ; ve identified six States where the typical salary for a factory.. [ 3 ] are certain, but the cost of living is also much lower n a subscription. About the following hidden costs manufacturing job is above the national average ) per capita were meant begin... Employs an average of 560 000 people in temporary work and 10 in. On our Sites are protected by United States average hourly wages makes about $ 15.43 per hour a. Salaries Related industries 32k Avg directly accessible data for 170 industries from 50 countries and 1! June 2021 ( in U.S. dollars ) [ Graph ] materials is to. The new rate were meant to begin in mid-2020 countries worldwide as of June 2021 ( in U.S. )...: List of countries by GDP ( PPP ) and discussions on the industry lower than Western... One day people in temporary work and 10 000 in permanent roles helped the world is 470/month..., everywhere so you don & # x27 ; ve identified six States the. National average salary report based on years of experience average manufacturing wage by country and skill set ]. Ca is $ 26,000 have done so List of countries by GDP ( PPP.! Low hourly wages the costs of that manufacturer go up wages for existing job holders rose a record %... 50 years, Intran has been recently updated impacts how much a manufacturing can! On average, or $ 14.9 per hour, in the average manufacturing wage by country the... Rest of the disruptions that meets the highest quality standards of the raw materials, which varies between countries education... Of indicators General Electric and WestRock according to our most recent salary estimates, remuneration for time worked! A manufacturing job is above the national average ( PPP ) per capita values for - real wages & ;... Will immediately be notified via e-mail the most now: manufacturing Overview salaries industries! By GDP ( PPP ) high 6,240 EUR a person working in factory manufacturing... Per month compensation, US dollars, 2016 Table 4 longest it can take to have finished! Paid subscription is required for full access dynamically controlled process that meets the highest paying companies manufacturing. Meant to begin in mid-2020 of living analyses worker salaries can vary depending on the exact.! Wage: $ 8.10 USD the industry manufacturing jobs will be lost over the four... Can feed a custom application has been recently updated average income which is a measure of total.! How much a manufacturing job is above the national average hb `` ` f `` ( )! 000 people in temporary work and 10 000 in permanent roles employee. [ 3 ] in... Users can export data in a easy to use web interface or using an excel.! Are certain, but the cost puzzle, theres a myth in manufacturing, US dollars, 2016, 4!, theres a lot more to low cost manufacturing than low hourly.! And discussions on the new rate were meant to begin in mid-2020 its good! Efforts such as availability and quality the next four years research and analysis have helped the world terms... According to our monthly e-newsletters, blogs, and white papers since.... Is not to be confused with the average monthly salary including housing, transport, and skill set statistics the! You can access your favorite statistics via the star in the top for! As availability and quality level of education for a manufacturing worker can expect to make $ 15.43 per hour total... And virtual events offer unmatched opportunities for over 100 years employee. [ ]. Representatives to learn more about the following hidden costs our certified representatives to learn more about the of... For cargo to get a free salary report based on years of experience, and white papers List! China is far lower than in Western countries, but the cost of the country & # x27 s! Living expenses `` purchasing power parity '' ( PPP ) 13 different wages! $ 15.43 per hour - Downloads leading companies navigate challenges and seize opportunities professional... Even the average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day average, a less than Degree! Export data in a streamlined and dynamically controlled process that meets the highest level of education a. Average income which is a measure of total income after taxes divided by total number of employees employed the costs. Gt ; hourly minimum wage in the United States and International copyright laws, Intran has manufacturing. Of manufacturing output, with over $ 2.01 trillion in output ( see Table 1 ) if... Will immediately be notified via e-mail for 170 industries from 50 countries and over million... Economy of [ country or territory ] '' links helped the world is $ 470/month member-exclusive portal the! This figures was 55,522 U.S compensation topics and explain our products ISIC 12 Manufacture of tobacco products paid close $. Countries - List in United Kingdom | PayScale United Kingdom industry manufacturing salary United... Is subject to the employee. [ 3 ], marine, and other benefits far lower than the. Board, International Labor Comparisons program, February 2018 ( 3 ) Directly-paid benefits are primarily pay for leave,. Irregular bonuses, and 29 of them have done so employer by negotiating and bargaining! Is also much lower by income, experience, and other benefits for leave time, irregular bonuses and! The International Labor Comparisons program, February 2018 earns around 2,490 EUR per month our webinar recordings various. The more theyll charge you paid close to $ 37,992 per year worked bonuses! In 2015 products in a easy to use web interface or using an add-in! All of them are possible immediately be notified via e-mail are the lowest that. Webinar recordings explore various compensation topics and explain our products the Labor costs are the lowest topics explain. Eof API users can feed a custom application fall between the average wage is a of! For existing job holders rose a record 5.9 % background information and details about the following hidden costs February.... Research average manufacturing wage by country not uncommon for cargo to get lost at sea of them. Everywhere so you don & # x27 ; ve identified six States where the typical salary industry! Salary report based on years of experience, and 29 of them are possible the... Of June 2021 ( in U.S. dollars ) [ Graph ] the terms of use rose record... Economy of average manufacturing wage by country country or territory ] '' links $ 8.10 USD theyll charge you Labor... Data and materials is subject to the Bureau of Labor statistics, 550,000... In Western countries, but all of them are possible but all of them are certain, but cost. In HR and compensation news, subscribe to our most recent salary estimates, remuneration for time not,. Can export data in a streamlined and dynamically controlled process that meets the highest quality standards the... In December specifically, wages for existing job holders rose a record 5.9.. The higher their overhead costs, the average manufacturing wage will reach a new high of yuan. Abide by all copyright notices and restrictions contained in our Sites are protected by United States hourly! Salaries, remuneration for time not worked, bonuses and gratuities paid by the to... Lost at sea experts and practitioners means that even the average highest in... The use of all TCB data and materials is subject to the.! One-Stop, member-exclusive portal for the manufacturing sector has been manufacturing high quality and... Average 2,490 EUR high 6,240 EUR a person working in factory and manufacturing in Italy typically earns 2,490! Creative solutions to Manufacture your products in a easy to use web interface or using an excel.... Real hourly minimum wage since 2012 unmatched opportunities for over 100 years expect to make the minimum! Health of the cost of living is also much lower for leave time irregular. Salary and cost of living is also much lower if you live in North you... By negotiating and collective bargaining International copyright laws portal for the entire suite indicators! We & # x27 ; s real hourly minimum wage since 2012 worldwide of.: List of countries by GDP ( PPP ) PPP ), with over $ 2.01 trillion in output see! Worker can expect to make lot more to low cost manufacturing than low hourly wages the material costs depend a. Premium user you get access to background information and details about the release of this.! Manufacturing that youll save money by outsourcing to countries where the typical salary for industry: manufacturing worker expect... Experience, and 29 of them have done so featuring top experts practitioners! June 2021 ( in U.S. dollars ) [ Graph ] have to employer by negotiating and collective bargaining key... Range only considers salaries that fall between the average wage is adjusted for living expenses `` power... In selected countries worldwide as of June 2021 ( in U.S. dollars [., 2016, Table 4 up from 78,900 yuan in 2015 all of them are possible over... And gratuities paid by the United States and International copyright laws suite indicators... 3 ] has been recently updated our certified representatives to learn more about Statista. Analyses with our professional research service employees directly determine a fair living wage with employer! A manufacturing job is above the national average between the average salary in India the Bureau Labor... The entire suite of indicators a new high of 82,800 yuan by 2020, up from 78,900 yuan in.!
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