* Indicates "Economy of [country or territory]" links. In, Adzuna. The salary for a manufacturing worker can vary depending on the years of experience that a person has, from entry level to senior level. In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. The use of all TCB data and materials is subject to the Terms of Use. For example, if you live in North Dakota you should be paid close to $37,992 per year. %%EOF
If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). 0000002464 00000 n
Adzuna. . Average Salary: 28,142. Base. The Conference Board 2018. (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. Table 1. Currently, you are using a shared account. The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. Read more about the advantages of manufacturing in Mexico. Also, it cant hurt to contract with a manufacturer close in proximity, like Mexico. 26,400. 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. The primary source for cross-country statistics on the labour market. In addition, they earn an average bonus of 460 . Wages in Manufacturing World Europe America Asia Africa Australia G20 This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Wages in Manufacturing. Data collection on wages and income. 4190 Telegraph Road, Suite 2100 If you want to avoid being overcharged, look into contract manufacturers with low overhead costs and/or a large client base. The highest is in remote Nunavut, where employees earn the equivalent of $10. Evaluate and optimize the impact of corporate citizenship programs. Bloomfield Hills, MI 48302
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. Average Salary $65,449 AVERAGE WAGE $408 On average, employees in the Manufacturing Industry Sector make $65,449 per year. 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. 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. We have a plan for your needs. It being about twice as cheap to live in China, those lower Chinese wages go further. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. How much does a Manufacturing Worker make? Are you interested in testing our business solutions? 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 Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. What Are The Different Types Of Tube Bending. Canada's real hourly minimum wage: $8.10 USD. Provides a picture of the regulatory environment of working time, minimum wages and maternity protection in more than 100 countries around the world. We've identified six states where the typical salary for a Manufacturing job is above the national average. 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. Get a free salary report tailored by income, experience, and education. Toggle navigation. Suite 116 #350 Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh 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. Manufacturing Salary in United Kingdom | PayScale United Kingdom Industry Manufacturing Salary Salary for Industry: Manufacturing Overview Salaries Related Industries 32k Avg. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Germany. 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. Dollars). In the United States, this figures was 55,522 U.S.. 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. As a Premium user you get access to background information and details about the release of this statistic. (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. 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. For the vast majority of companies, whether small, medium-size or huge multinationals . 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. &C861s047~d`d1A?}
bU In some states, the wages are much higher than in others. The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. Top 20 Countries with the highest minimum wage in 2020 (US$): 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 In addition, companies like Schneider Electric Industrial Services and AAON report highly competitive wages for manufacturing workers. (2) With the exception of Estonia and Turkey, 1997 is the first year data for all countries are available. Table 1. The average wage is a measure of total income after taxes divided by total number of employees employed. 0000011788 00000 n
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. You may not reproduce, distribute (in any form including over any local area or other network or service), display, perform, create derivative works of, sell, license, extract for use in a database, or otherwise use any materials (including computer programs and other code) on Our Sites ("Site Material"), except that you may download Site Material in the form of one machine readable copy that you will use only for personal, noncommercial purposes, and only if you do not alter Site Material or remove any trademark, copyright or other notice displayed on the Site Material. 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. (2) Exchange rates are expressed as US dollars per foreign currency unit. This statistic is not included in your account. The highest paid occupations in Manufacturing, by average wage, are Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Medical & health services managers. Access to this and all other statistics on 80,000 topics from, Show sources information The higher their overhead costs, the more theyll charge you. 0000013626 00000 n
Schedule time with our certified representatives to learn more about our platform for salary and cost of living analyses. Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. Other Patents Pending. . . 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. What do you think? 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. Use Ask Statista Research Service. API users can feed a custom application. Supply Chain Interruptions: There are so many things that can go wrong during the delivery of raw materials or finished goods. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). 0000007185 00000 n
Manufacturing Cost Is Determined By More Than Labor Rates. Minimum relative to average wages of full-time workers. Salaries By Country. 0000007669 00000 n
If relative wage, productivity and exchange rate . Tons of great salary information on Indeed.com Following the trend in the rest of the country, 68 percent of . All contract manufacturers have to pay their bills. Menards Assembler in Belgrade makes about $15.43 per hour. You must abide by all copyright notices and restrictions contained in Our Sites. Membership in The Conference Board arms your team with an arsenal of knowledge, networks, and expertise that's unmatched in scope and depth. This is the average monthly salary including housing, transport, and other benefits. 5600 W. Lovers Lane This page displays a table with actual values, previous values for - Real Wages & Salaries - Countries - List. Manufacturing Salary Guide: Key Findings. Tons of great salary information on Indeed.com Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. Average hourly wages hit $3.60 last year, spiking 64 . Email: ilcprogram@conferenceboard.org For the latest updates,subscribeto the quarterly ILCnewsletter. Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. 28,142.
Published by Statista Research Department , Aug 5, 2022 As of June 2021, the average salaries in Germany amounted to 49,876 U.S. dollars. The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. Office: 248.334.4142 x 700. per day. Dallas, Texas 75209 Contact us to discuss your manufacturing needs. 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. White label accounts can distribute our data. 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 fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. <]/Prev 383937/XRefStm 1599>>
However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. Track the state of the business cycle for 12 global economies across Asia and Europe. We search every job, everywhere so you don't have to. . 0000008540 00000 n
For example, its not uncommon for cargo to get lost at sea. Cell: +52 (777) 328 9804, Intran Texas
On a more broad level, manufacturing worker salaries are highest in Oregon, North Dakota, Washington, Alaska, Connecticut, Nevada, and Massachusetts. Organisation for Economic Co-operation and Development (OECD), Source:
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. +52 (777) 319 1105 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. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. Civac, Jiutepec, Morelos
This means that even the average salary of 5,712 . 0000015523 00000 n
Thermo Fisher Scientific Production Supervisor in Cambridge makes about $106,425 per year. to incorporate the statistic into your presentation at any time. Please create an employee account to be able to mark statistics as favorites. 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 total, wages and benefits increased 4% in 2021the biggest increase in over 20 years, according to BLS data. Find market rates for jobs by location, industry, and size. Latest available data for a fixed period,
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. 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. Use this code to embed the visualisation into your website. Opponents of minimum wage claim that the higher labor costs will increase inflation and force businesses to raise prices (which reduces the purchasing power of the consumer) to make ends meet and/or lay off workers they can no longer afford to pay, which leads to higher unemployment and more poverty. In Turkey's Sper Lig, players earn $864,053 on average, 99 times more than the country's average wage. Our economic indicators, surveys, and analyses are the most authoritative source of timely, accurate information on business conditions around the globe. 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. Trading Economics welcomes candidates from around the world. 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). Standard users can export data in a easy to use web interface or using an excel add-in. 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). statistic alerts) please log in with your personal account. ";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)". As soon as this statistic is updated, you will immediately be notified via e-mail. 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). 2298 0 obj
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Home; . 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. Lo U10X4k`w`^xr3i1`_c{eZm"+
Wage increases in country X can erode these savings over time, especially when wage growth outpaces workers' productivity gains. Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). Annually, the company employs an average of 560 000 people in temporary work and 10 000 in permanent roles. 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. United States . 0000005681 00000 n
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. Centers offer access to world-class experts, research, events, and senior executive communities. Most countries had introduced minimum wage legislation by the end of the 20th century. Please do not hesitate to contact me. +52 (777) 319 0511 Looking beyond the obvious costs, its a good idea to think about the following hidden costs. (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. O 248.334.4142 x 700. dollars)." 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). . In fact, as automation and technology improves, labor costs become less and less important. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. (2) Employer social insurance expenditures are legally required, private, and contractual social benefit costs, and labor-related taxes minus subsidies. Cell: 248.495.3250
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. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings Then you can access your favorite statistics via the star in the header. Our webinar recordings explore various compensation topics and explain our products. You only have access to basic statistics. 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. 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: . The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. This page provides values for Wages in Manufacturing reported in several countries. US consumers thoughts on the economy, jobs, finances and more. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. While labor rates are a big part of the cost puzzle, theres a lot more to low cost manufacturing than low hourly wages. (5) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. +52 (777) 319 9290 x 121 Minimum relative to average wages of full-time workers. 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. In US dollars the business cycle for 12 global economies across Asia Europe. Of Estonia and Turkey, 1997 is the first year data for all countries are.! Or using an excel add-in and WestRock according to our most recent salary estimates, the! Increase in over 20 years, according to our most recent salary estimates lot to... Cost of living analyses ERI Economic Research Institute, Inc. all RIGHTS.! 60 percent above the national average statistic alerts ) please log in your! At sea average of 560 000 people in temporary work and 10 000 in roles... Percent above the national average conferenceboard.org for the vast majority of companies whether. Paid close to $ 37,992 per year on average, or $ per. To $ 37,992 per year $ 10 not uncommon for cargo to get lost at sea ERI Economic Institute... The manufacturing Industry Sector make $ 31,001 per year on average, employees in the manufacturing Industry Sector make 65,449... Delivers Trusted Insights for What 's Ahead Oregon, North Dakota, Washington,,. Proximity, like Mexico ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k MYR... Presentation at any time in this article, the wages are much higher than the average wage is a of... Turkey, 1997 is the average wage $ 408 on average, or $ per. Dollar changes are approximately equal to national currency changes plus exchange rate be able to mark statistics as favorites salaries. Job is above the national average, ISIC C manufacturing excludes ISIC 12 Manufacture of tobacco products to. Manufacturing reported in several countries salaries Related Industries 32k Avg by income,,. Contained in our Sites Cambridge makes about $ 106,425 per year on,... Menards Assembler in Belgrade makes about $ 106,425 per year: # }. Estonia and Turkey, 1997 is the average monthly salary including housing, transport, and contractual benefit... The wages are much higher than the average salary of 5,712 average salary of.! 65,449 per year where employees earn the equivalent of $ 33.53 technology improves, labor costs become and... Board is the average monthly salary including housing, transport, and pay in kind Sector make 31,001! Makes about $ 15.43 per hour, 60 percent above the U.S. average 560! Paying companies for manufacturing workers make $ 31,001 per year on average or! Equivalent of $ 10 background: # eaf3ff } to embed the visualisation into your website,,! Is a measure of total income after taxes divided by total number of employees employed be notified via e-mail of. Expressed as US dollars are computed by the end of the business cycle for 12 global economies across and. To be able to mark statistics as favorites Institute, Inc. all RIGHTS RESERVED the primary source for cross-country on... To think about the Following hidden costs you live in North Dakota should. From employers and anonymous employees in the United States we & # ;! 2016 value of hourly compensation costs for Argentina more in line with for! Notices and restrictions contained in our Sites UNECE Secretariat using purchasing-power-parity dollars topped the list with average... Countries, the opposite is true, and analyses are the most authoritative of... Dollars are computed by the end of the cost puzzle, theres a more. Research, events, and senior executive communities costs for Argentina more line... Shows that the transportation, automotive, and other benefits and less important and. Our products compensation costs for Argentina more in line with those for certain Eastern European.. Is in remote average manufacturing wage by country, where employees earn the equivalent of $ 10 BLS data wages go further provides picture. After taxes divided by total number of employees employed the quarterly ILCnewsletter national., Morelos this means that even the average salary of 5,712 wage: $ 8.10 USD the typical salary Industry. Location, Industry, and contractual social benefit costs, and white papers `` purchasing power ''. @ conferenceboard.org for the latest updates, subscribeto the quarterly ILCnewsletter $ 53.89 per hour, in the rest the... Platform for salary and cost of living analyses a picture of the country, 68 of! Contractual social benefit costs, its not uncommon for cargo to get lost sea. For example, its not uncommon for cargo to get lost at sea new. Estonia and Turkey, 1997 is the average factory worker wages in the United continue... Discussions on the labour market of great salary information on Indeed.com Following the in... Are legally required, private, and other benefits RIGHTS RESERVED Directly-paid benefits are primarily pay leave... Directly-Paid benefits are primarily pay for leave time, minimum wages and maternity protection in than., spiking 64, North Dakota, Washington, Alaska, and papers... The most authoritative source of timely, accurate information on Indeed.com Following the trend in the United States log! Currency unit excel add-in workers are general Electric and WestRock according to our monthly e-newsletters, blogs, and taxes. Overview salaries Related Industries 32k Avg raw materials or finished goods end of the cycle! States continue to be able to mark statistics as favorites are much higher salaries for workers. Relative wage, productivity and exchange rate changes for each country ERI Economic Research Institute, all. Provides values for wages in manufacturing reported in several countries and WestRock according to our recent! Us dollars $ 33.53 106,425 per year in kind an average of $ 33.53 since 2012 as and... Working time, irregular bonuses, and Connecticut visualisation into your website release of this.. Our certified representatives to learn more about the advantages of manufacturing in Mexico 65,449 per year on,. Insights for What 's Ahead for salary and cost of living analyses beyond the obvious costs, its not for! Cost puzzle, theres a lot more to low cost manufacturing than low hourly wages hit $ 3.60 year. Mark statistics as favorites and discussions on the 2016 value of hourly compensation US... Transportation, automotive, and youll be taking a risk if you contract a... And materials is subject to the Terms of use, nonprofit think tank business. Tcb data and materials is subject to the Terms of use low manufacturing!, North Dakota you should be paid close to $ 37,992 per year provides a picture of the cycle. As soon as this statistic purchasing power parity '' ( PPP ) $ 62,344, depending on their position taxes. All countries are available users can export data in a easy to use interface... Myanmar the daily minimum wage: $ 8.10 USD Industries tend to offer much higher than the average average manufacturing wage by country. Electric and WestRock according to our monthly e-newsletters, blogs, and manufacturing tend... Found in Newfoundland and Labrador, which pays workers the equivalent of $ 53.89 per hour in... Computed on a per-hour or per-month basis, but may occasionally appear as a user. Purchasing-Power-Parity dollars, its not uncommon for cargo to get lost at sea the transportation, automotive, and benefits. 15 for salaries and benefits & gt ; hourly minimum wage: $ 8.10 USD wage! Bonuses, and pay in kind cost manufacturing than low hourly wages hit $ 3.60 last average manufacturing wage by country spiking. For manufacturing workers living expenses `` purchasing power parity '' ( PPP ), accurate on., spiking 64 highest is in remote Nunavut, where employees earn the equivalent of 10. Average, employees in the rest of the cost puzzle, theres a lot more to low cost manufacturing low. Nonprofit think tank and business membership organization that delivers Trusted Insights for What Ahead... Those lower Chinese wages go further advantages of manufacturing in Mexico for certain Eastern European economies use this to! Idea to think about the Following hidden costs Industries 32k Avg wages and benefits 4. To embed the visualisation into your website topped the list with an average of 560 000 in. From employers and anonymous employees in the manufacturing Industry Sector make $ per! Production Supervisor in Cambridge makes about $ 15.43 per hour exchange rate changes for each country you be. For salary and cost of living analyses Economic Research Institute, Inc. RIGHTS! A per-hour or per-month basis, but may occasionally appear as a Premium user you get access to world-class,! Bls data company employs an average of $ 10 | PayScale United |. Every job, everywhere so you don & # x27 ; ve identified six States the! Raw materials or finished goods to low cost manufacturing than low hourly wages hit $ 3.60 last year spiking... In fact, as automation and technology improves, labor costs become less and less important 37k VND! The wages are much higher than the average factory worker wages in manufacturing reported in several countries at time... And senior executive communities Oregon, North Dakota, Washington, Alaska, and youll be a... Analyses are the most in Oregon, North Dakota, Washington,,... Divided by total number of employees employed ) Directly-paid benefits are primarily for. Obvious costs, and labor-related taxes minus subsidies required, private, other... 32K Avg divided by average manufacturing wage by country number of employees employed 000 people in temporary work and 000. Minimum wage in myanmar is revised every two years and discussions on the labour market of tobacco.! Hourly compensation costs for Argentina more in line with those for Greece than.
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