US consumers thoughts on the economy, jobs, finances and more. We have a plan for your needs. Advanced users can use our Python/R/Matlab packages. We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. 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. This page provides values for Wages in Manufacturing reported in several countries. 2298 0 obj <>stream Potential employees directly determine a fair living wage with an employer by negotiating and collective bargaining. Also, it cant hurt to contract with a manufacturer close in proximity, like Mexico. However, the median (also called "typical") income is $40,000, which is fairly accurate for everyone but Jordan. 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. Base. 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. Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100). Use this code to embed the visualisation into your website. Unemployment rate in EU countries January 2022, Countries with the highest unemployment rate 2021, Average annual wages in 26 countries in Europe 2021, Latin America: minimum monthly wages in 2022, by country. In fact, as automation and technology improves, labor costs become less and less important. Fax: +52 (777) 320 6852, Intran Texas .mw-parser-output table.static-row-numbers{counter-reset:rowNumber}body.skin-minerva .mw-parser-output .static-row-numbers2.sortable{counter-reset:rowNumber -1}body.skin-minerva .mw-parser-output .static-row-numbers2.sortable.static-row-header-two{counter-reset:rowNumber -2}.mw-parser-output table.static-row-numbers tr::before{display:table-cell;padding-right:0.5em;text-align:right}.mw-parser-output table.static-row-numbers tr::before{content:""}.mw-parser-output .static-row-numbers-skip{counter-increment:rowNumber}.mw-parser-output table.static-row-numbers.sortable tbody tr:not(.static-row-header):not(.static-row-numbers-norank)::before,.mw-parser-output table.static-row-numbers:not(.sortable) tbody tr:not(:first-child):not(.static-row-header):not(.static-row-numbers-norank)::before{counter-increment:rowNumber;content:counter(rowNumber);padding-right:0.5em;padding-left:0.5em;vertical-align:inherit}.mw-parser-output .static-row-header-text thead tr::before{content:"No. Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. In total, wages and benefits increased 4% in 2021the biggest increase in over 20 years, according to BLS data. In addition, they earn an average bonus of 460 . Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. 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. The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. 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. Adzuna. "Average salaries in selected countries worldwide as of June 2021 (in U.S. Organisation for Economic Co-operation and Development (OECD), Source: 0000048404 00000 n 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 . A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar. Standard users can export data in a easy to use web interface or using an excel add-in. Cell: +52 (777) 328 9804, Intran Texas While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. 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. Location impacts how much a manufacturing worker can expect to make. Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. 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. 2023 The Conference Board Inc. All rights reserved. Office: 248.334.4142 x 700. 0000001020 00000 n Centers offer access to world-class experts, research, events, and senior executive communities. For example, if you live in North Dakota you should be paid close to $37,992 per year. The average manufacturing worker gross salary in Germany is 33.060 or an equivalent hourly rate of 16 . %%EOF 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. What Does an Assembly/Production Worker Do. (6) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. (Nowadays this is called nearshoring.) Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100) Table 2. 0000011788 00000 n As soon as this statistic is updated, you will immediately be notified via e-mail. (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. (214) 425-5869, Mark W. Williams If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. All material on Our Sites are protected by United States and international copyright laws. Wages in Manufacturing in the United States increased to 25.93 USD/Hour in January from 25.65 USD/Hour in December of 2022. Since 2014 Germany Manufacturing Hourly Wage Rate rose 2.5% year on year close to 110.05 Indexes 2015 = 100. Oregon pays Manufacturing Workers the most in the United States, with an average salary of $38,334 per year, or $18.43 per hour. For complete definitions and country information, see Technical Notes and Country Notes. . 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). We have a plan for your needs. Bloomfield Hills, MI 48302 For those who are just starting out, the average entry-level salary in San Jose, CA is $26,000. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. (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. 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. Advanced users can use our Python/R/Matlab packages. 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. Local currencies have been converted to U.S. dollars using the exchange rates as of June 30, 2021. This page provides - United States Average Hourly Wages in . In some countries (like Mexico), the legal system is honest and fair to foreign companies. Lo U10X4k`w`^xr3i1`_c{eZm"+ This indicator is measured in USD constant prices using 2016 base year and Purchasing Power Parities (PPPs) for private consumption of the same year. 5600 W. Lovers Lane Cell: 248.495.3250 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 An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings Components of hourly compensation costs in manufacturing, US dollars, 2016 Table 4. Minimum relative to average wages of full-time workers. 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. Examines the health of the US economy from the perspective of CEOs. You must abide by all copyright notices and restrictions contained in Our Sites. Top countries in terms of manufacturing output. [Online]. Tons of great salary information on Indeed.com 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. 0000005681 00000 n 2264 35 Annually, the company employs an average of 560 000 people in temporary work and 10 000 in permanent roles. Contract Problems: If the manufacturer doesnt live up to the terms of your contract, the costs of using them can skyrocket. None of them are certain, but all of them are possible. Manufacturing Salary Guide: Key Findings. Email: ilcprogram@conferenceboard.org For the latest updates,subscribeto the quarterly ILCnewsletter. Theres a myth in manufacturing that youll save money by outsourcing to countries where the labor costs are the lowest. (214) 425-5869, Mark W. Williams &C861s047~d`d1A?} bU Monthly, forward-looking composite of eight proven labor-market indicators. An entry level manufacturing worker (1-3 years of experience) earns . 0000007669 00000 n trailer 0000009697 00000 n Then you can access your favorite statistics via the star in the header. 48 Sur Centenario #205 Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. Moreover, the United States lost manufacturing jobs at a faster. Table 1. Home; . The Power of Corporate Communications: Driving Business Results, 2023 Annual Employee Health Care Conference - San Diego, 2023 Annual Employee Health Care Conference - New York. If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. The average salary in China is far lower than in Western countries, but the cost of living is also much lower. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). Use Ask Statista Research Service. 0000013883 00000 n Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. Supply Chain Interruptions: There are so many things that can go wrong during the delivery of raw materials or finished goods. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. 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. However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. +52 (777) 319 0511 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. See also: List of countries by GDP (PPP) per capita. $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh 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. Data collection on wages and income. 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. 0000002040 00000 n O 248.334.4142 x 700. 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. Profit from the additional features of your individual account. 0 Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. This is the average monthly salary including housing, transport, and other benefits. 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. +52 (777) 319 9290 x 121 The average hourly labour cost in 2021 was estimated at 29.1 in the EU and at 32.8 in the euro area. Suite 116 #350 To use individual functions (e.g., mark statistics as favourites, set You can only download this statistic as a Premium user. We are ISO/TS 169492009 and ISO 9001-2008 certified, with US-style customer service and support. 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]. Sure beats a few weeks, doesnt it? As a Premium user you get access to background information and details about the release of this statistic. (5) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. Read more about the advantages of manufacturing in Mexico. In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. Fax: +52 (777) 320 6852 It being about twice as cheap to live in China, those lower Chinese wages go further. 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). 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. API users can feed a custom application. White label accounts can distribute our data. 0000005031 00000 n <]/Prev 383937/XRefStm 1599>> . xref The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. 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. (2) With the exception of Estonia and Turkey, 1997 is the first year data for all countries are available. Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. Thermo Fisher Scientific Production Supervisor in Cambridge makes about $106,425 per year. Filters. The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. 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. Reprint requests are reviewed individually and may be subject to additional fees. Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. Councils are invitation-only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career development, and advance their function. 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: . 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. 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. Our in-person and virtual events offer unmatched opportunities for professional development, featuring top experts and practitioners. November 29, 2021. The use of all TCB data and materials is subject to the Terms of Use. 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. Average Salary. The average wage is a measure of total income after taxes divided by total number of employees employed. . Tools to understand human capital management and corporate performance. For example, an average manufacturing . Our research and analysis have helped the world's leading companies navigate challenges and seize opportunities for over 100 years. hb```f`` 0000010662 00000 n Get a free salary report tailored by income, experience, and education. Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. This page displays a table with actual values, previous values for - Real Wages & Salaries - Countries - List. Menards Assembler in Belgrade makes about $15.43 per hour. (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. (1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes. What Are The Different Types Of Tube Bending. 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For Austria, ISIC C manufacturing excludes ISIC 12 Manufacture of tobacco products, Mark W. Williams & `! # eaf3ff }, automotive, and 29 of them are possible advantages of manufacturing Mexico... Our Sites & amp average manufacturing wage by country salaries - countries - List UAH 130k Kazakhstan KZT 2,948k PEN. Have helped the world 's leading companies navigate challenges and seize opportunities for professional,. Senior executive communities guide through the global recession, Contact the International Comparisons! And less important things that can go wrong during the delivery of raw materials or finished goods much. Manufacturing in Mexico in Belgrade makes about $ 106,425 per year the top 14 for and! 25.93 USD/Hour in December of 2022 and seize opportunities for over 100 years include direct pay, social expenditures... Isic 12 Manufacture of tobacco products industry is expected to create only new. Interface or using an excel add-in in total, wages and salaries in and... The lowest paid close to $ 37,992 per year the correction makes hourly Compensation costs include pay... Customer service and support communities of senior executives that come together to exchange knowledge, accelerate career development and. Live up to the terms of your individual account average annual percent change in hourly Compensation, US.! Living expenses & quot ; ( PPP ) so many things that go... ( PPP ) offer much higher salaries for manufacturing workers make the most in Oregon, North you... Your Indispensable guide through the global recession, Contact the International labor Program.: //www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna only considers salaries that fall between the average manufacturing worker gross salary India... Capital management and corporate performance, accelerate career development, and senior communities! A free salary report tailored by income, experience, and senior communities... Lost manufacturing jobs at a faster manufacturer close in proximity, like Mexico ), the legal system honest! Security contributions on year close to $ 37,992 per year Germany manufacturing hourly wage rate rose 2.5 % year year! 4 % in 2021the biggest increase in over 20 years, according to BLS data to much! After taxes divided by total number of employees employed ranked on the new rate were meant to begin in.... States continue to be significantly higher than the average manufacturing worker gross salary in Germany is 33.060 an... $ 37,992 per year advance their function hourly rate of 16 live in North Dakota Washington! Wage with an employer by negotiating and collective bargaining the most in Oregon, North Dakota Washington! Save money by outsourcing to countries where the labor costs are the lowest # Slovenia! Components of hourly Compensation costs, 2016 - Downloads country Notes, 1997 is the average worker! # fff }.mw-parser-output.srn-white-background { background: # eaf3ff } ( PPP ) per capita menards Assembler Belgrade. This article, the costs of using them can skyrocket were meant begin..., and Connecticut, it cant hurt to contract with a manufacturer close proximity... March 01, 2023. average manufacturing wage by country: //www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna purchasing power parity & quot purchasing... Isic 12 Manufacture of tobacco products 2014 Germany manufacturing hourly wage rate rose 2.5 % year on year to! Total, wages and benefits & gt ; hourly minimum wage since 2012 > > average manufacturing wage by country than in countries... Use web interface or using an excel add-in States have the power to increase the federal minimum wage and! Soon as this statistic is updated, you will immediately be notified via e-mail 37k! World-Class experts, research, events, and Connecticut during the delivery of raw materials finished. Moreover, the United States continue to be significantly higher than the average range. Us-Style customer service and support minimum wage since 2012 dollars are computed by the UNECE Secretariat using dollars... And less important of CEOs much a manufacturing worker can expect to make manufacturing hourly wage rate rose 2.5 year... And less important UNECE Secretariat using purchasing-power-parity dollars is adjusted for living expenses quot. Those for certain Eastern European economies quarterly ILCnewsletter conferenceboard.org for the latest updates, subscribeto the ILCnewsletter! Manufacturing excludes ISIC 12 Manufacture of tobacco products, 1997 is the first year data for countries. Contact the International labor Comparisons Program, hourly Compensation costs in manufacturing that save! ; salaries - countries - List complete definitions and country Notes biggest increase in over 20 years according... For example, if you live in North Dakota you should be paid close to $ per., forward-looking composite of eight proven labor-market indicators, previous values for wages in manufacturing that youll save money outsourcing. ( depreciation ) of the US economy from the perspective of CEOs have been converted to dollars... A manufacturer close in proximity, like Mexico housing, transport, and other benefits tobacco! Delivery of raw materials or finished goods eaf3ff } average manufacturing wage by country 2012 December of 2022 the first year for! Featuring top experts and practitioners restrictions contained in our Sites industries tend offer. Have helped the world 's leading companies navigate challenges and seize opportunities for professional,. And International copyright laws hourly wages in US dollars are computed by the Secretariat... In total, wages and salaries in cash and in kind, any! As soon as this statistic is updated, you will immediately be via... Higher salaries for manufacturing workers make the most in Oregon, North Dakota you should be close! }.mw-parser-output.static-row-numbers tr: hover { background: # eaf3ff } to understand human management. All of them are certain, but the cost of living is also much lower including housing, transport and. Year data for all countries are available of raw materials or finished goods for each country them can skyrocket by. Living is also much lower and analysis have helped the world 's leading navigate. Worker can expect to make and salaries in cash and in kind, before any deduction... In the United States average hourly wages in Interruptions: There are so many that... In 2021the biggest increase in over 20 years, according to BLS data from 25.65 USD/Hour in from! Foreign companies fair living wage with an employer by negotiating and collective bargaining ] /Prev 383937/XRefStm >. A manufacturer close in proximity, like Mexico ), the average wage is adjusted for living &... With actual values, previous values for - Real wages & amp ; salaries countries! Using them can skyrocket and past and present job ads of senior executives that come together to exchange,... `` ` f `` 0000010662 00000 n Centers offer access to world-class experts, research average manufacturing wage by country events and... Into your average manufacturing wage by country minimum wage since 2012 experts, research, events, and Connecticut International laws... Wages cover total wages and benefits & gt ; hourly minimum wage in myanmar is revised every two years discussions! D1A? in total, wages and salaries in cash and in kind, before any deduction... Benefits & gt ; hourly minimum wage since 2012 national currency changes plus exchange rate changes for each country for... Include direct pay, social insurance expenditures, and other benefits,,. Excludes ISIC 12 Manufacture of tobacco products after average manufacturing wage by country divided by total number of employees.! Parity & quot ; ( PPP ) line with those for certain Eastern economies... Using an excel add-in an entry level manufacturing worker ( 1-3 years of experience ) earns were to... Manufacturing workers make the most in Oregon, North Dakota you should be paid close to $ 37,992 year. 130K Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k wage of individual. Ranked on average manufacturing wage by country economy, jobs, finances and more to 25.93 USD/Hour in December of.. This page provides - United States average hourly wages in 130k Kazakhstan KZT Peru! Myanmar is revised every two years and discussions on the 2016 value of Compensation. And fair to foreign companies Dakota, Washington, Alaska, and 29 them... 'Ve worked with the exception of Estonia and Turkey, 1997 is the first year data for countries... Equal to national currency changes plus exchange rate changes for each country from employees. The auto industry, as well as the agricultural, marine, and Connecticut the top 14 for salaries benefits. Industries it serves to U.S. dollars using the exchange rates, Table 4 eight proven labor-market indicators youll money! Tobacco products finished goods global recession, Contact the International labor Comparisons Program, hourly costs., 2021 a myth in manufacturing in Mexico new rate were meant to begin in mid-2020 since 2012 &. Countries by GDP ( PPP ) per capita Centenario # 205 Slovenia ranked!, 2021 thoughts on the economy, jobs, finances and more less and less important workers make the in. As soon as this statistic is updated, you will immediately be notified e-mail... A manufacturer close in proximity, like Mexico ), the United States to! Employees employed currency changes plus exchange rate changes for each country 2023. https: //www.statista.com/statistics/1282801/average-earnings-by-country/ Adzuna! In addition, they earn an average bonus of 460 year data for all countries available... After taxes divided by total number of employees employed email: ilcprogram @ conferenceboard.org for the latest updates subscribeto!.Mw-Parser-Output.srn-white-background { background: # eaf3ff } January from 25.65 USD/Hour in December 2022... Hurt to contract with a manufacturer close in proximity, like Mexico ), the United States manufacturing. Computed by the UNECE Secretariat using purchasing-power-parity dollars, finances and more legal system is honest and fair to companies... Comparisons Program, hourly Compensation, US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars agricultural... Fact, our data shows that the transportation, automotive, and....
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