Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. 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. 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). The Conference Board 2018. 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. Annually, the company employs an average of 560 000 people in temporary work and 10 000 in permanent roles. View Top Manufacturing Executive salary data across 634 cities in Mullinville, KS. Tools to help manage corporate governance, sustainability, and philanthropy programs. Top countries in terms of manufacturing output. Average hourly wages hit $3.60 last year, spiking 64 . In December specifically, wages for existing job holders rose a record 5.9%. 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). Copy the URL to open this chart with all your selections. 0000009697 00000 n
Sure beats a few weeks, doesnt it? (Nowadays this is called nearshoring.) The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar. Dallas, Texas 75209 The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. Interactive map Official data is published by several organizations like the World Bank, International Monetary Fund or the OECD on a regular basis. . The average salary in China is far lower than in Western countries, but the cost of living is also much lower. 4190 Telegraph Road, Suite 2100
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. endstream
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Fax: +52 (777) 320 6852, Intran Texas Advanced users can use our Python/R/Matlab packages. Manufacturing Salary Guide: Key Findings. 5600 W. Lovers Lane
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). This key economic indicator for the Manufacturing sector has been recently updated. As their base salary, employees are usually paid 15 Yuan ($1.) In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). 2. Civac, Jiutepec, Morelos 0000001020 00000 n
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In fact, as automation and technology improves, labor costs become less and less important. 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. 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. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. Factory Worker. 0000019271 00000 n
It examines whether selected economic indicators of the manufacturing sector in the region of the Visegrad Group countries can affect the level of average wages in the sector. 48 Sur Centenario #205
In the United States, this figures was 55,522 U.S.. (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. For complete definitions and country information, see Technical Notes and Country Notes. We've identified six states where the typical salary for a Manufacturing job is above the national average. to incorporate the statistic into your presentation at any time. Just in case you need a simple salary calculator, that works out to be approximately $14.90 an hour. 48 Sur Centenario #205 In fact, our data shows that the transportation, automotive, and manufacturing industries tend to offer much higher salaries for manufacturing workers. The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. Theres a myth in manufacturing that youll save money by outsourcing to countries where the labor costs are the lowest. Our in-person and virtual events offer unmatched opportunities for professional development, featuring top experts and practitioners. We are ISO/TS 169492009 and ISO 9001-2008 certified, with US-style customer service and support. 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. As a Premium user you get access to background information and details about the release of this statistic. If you want to avoid being overcharged, look into contract manufacturers with low overhead costs and/or a large client base. (214) 425-5869, Mark W. Williams Turns out that "made in China" is not so cheap anymore as labor costs have risen rapidly in the country's vast manufacturing sector. 8 Manufacturing assistant Jobs in Ardwick. 0000013179 00000 n
Trading Economics welcomes candidates from around the world. Read more about the advantages of manufacturing in Mexico. startxref
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What do you think? Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. Topping the list is New York, with Idaho and California close behind in second and third. 0000005031 00000 n
In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. .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. 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. In China, the average manufacturing wage will reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in 2015. Register in seconds and access exclusive features. 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. (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. Oregon pays Manufacturing Workers the most in the United States, with an average salary of $38,334 per year, or $18.43 per hour. (1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes. 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. Centers offer access to world-class experts, research, events, and senior executive communities. (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. API users can feed a custom application. If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). xref
Change Country Change Country. 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. You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available.
a,0,` Average Salary $65,449 AVERAGE WAGE $408 On average, employees in the Manufacturing Industry Sector make $65,449 per year. 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. 0000008540 00000 n
Mexico 62578, +52 (777) 320 6798 x 121 Supply Chain Interruptions: There are so many things that can go wrong during the delivery of raw materials or finished goods. 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. Other Patents Pending. Contact us to discuss your manufacturing needs. The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. Top 20 Countries with the highest minimum wage in 2020 (US$): 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 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. . 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. 0000048404 00000 n
Track the state of the business cycle for 12 global economies across Asia and Europe. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. This means that even the average salary of 5,712 . Most countries had introduced minimum wage legislation by the end of the 20th century. [Online]. Demo. Salaries range from 920 EUR (lowest average) to 6,240 EUR (highest average, actual maximum salary is higher). 0000011788 00000 n
Components of hourly compensation costs in manufacturing, US dollars, 2016 Table 4. 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. 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 . 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. Toggle navigation. 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]. 28,142. Track the status of job markets across the US through online job listings. Wage increases in country X can erode these savings over time, especially when wage growth outpaces workers' productivity gains. 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: . Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. Suite 116 #350 Track the latest short-, medium-, and long-term growth outlooks for 77 economies. A paid subscription is required for full access. 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. Monthly, forward-looking composite of eight proven labor-market indicators. All data contained in this table are protected by United States and international copyright laws. 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. 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. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. +52 (777) 319 9290 x 121
China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). 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 . Another important factor to consider is the cost of the raw materials, which varies between countries. API users can feed a custom application. hA 04o\GczC. Are you interested in testing our business solutions? 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. Covering all aspects of labor markets, from monthly development to long-term trends. What Does an Assembly/Production Worker Do. In the United States, by comparison, the average wage in manufacturing was $24.55 per hour as of January 2022 almost 10 times higher than in Mexico. Find market rates for jobs by location, industry, and size. 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. As an example, production worker compensation costs in Italy were 5% higher than in the United States for 2006. 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. In 2019 Netherlands was ranked number 2 in Manufacturing . Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. 2264 0 obj
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In, Adzuna. . Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. Access to this and all other statistics on 80,000 topics from, Show sources information Available: https://www.statista.com/statistics/1282801/average-earnings-by-country/, Average salaries in selected countries worldwide as of June 2021, Available to download in PNG, PDF, XLS format, Employment rate worldwide 2022, by region, Employment rate worldwide 2022, by gender, Countries with the highest foreign-born labor force 2021, Highest labor force participation rates worldwide 2019, Countries with the lowest employment rates 2021, Number of employees worldwide by broad sector 1991-2021, Global employment by region and sector 2020, Employment rate worldwide 2022, by age groups, Countries with the highest female employment rates worldwide 2021, Countries with the lowest female employment rates worldwide 2021, Quarterly unemployment rates in developed and emerging countries 2017-2022, Unemployment rate in selected world regions 2021, Breakdown of unemployment rates in G20 countries 2022, Number of unemployed persons worldwide 1991-2021, Youth unemployment rate in selected world regions 2020, Breakdown of G20 countries with the highest youth unemployment rates 2021, Global youth unemployment rate 2020, by sector, Number of young unemployed people worldwide 2010-2022, Average real salary growth globally 2006-2019, Worldwide real wage growth forecast by country in 2022, Countries with the highest average monthly salaries worldwide 2021, Countries with the lowest average monthly salaries worldwide 2021, Highest average monthly salaries in Africa 2022, by country, Share of children in child labor 2020, by region, Share of children in child labor globally 2020, by sector, Share of children in child labor globally 2020, by age and gender, Share of children in child labor 2020, by employment type and region, Share of children in child labor 2020, by area and region, Share of children in child labor 2020, by age and region, Number of children involved in forced labor worldwide 2021, by form, Average annual wages in Finland 2011-2021, Average annual earnings for full-time employees in the UK 1999-2022, by gender, Average annual earnings for part-time employees in the UK 1999-2022, Average annual earnings for full-time employees in the UK 2004-2022, by age group, Average annual wages in Estonia 2000-2021, Average annual earnings for full-time employees in the UK 1999-2022, Average annual wages in Slovakia 2000-2021, Average annual wages in Slovenia 2000-2021, Average annual wages in Austria 2000-2021, Average annual wages in Portugal 2000-2021, Average annual wages in Luxembourg 2000-2021, Average monthly gross wages and salaries in furniture industry in Poland 2005-2020, Average monthly gross wages and salaries in the apparel industry in Poland 2005-2020, Average monthly gross wages and salaries in beverages industry in Poland 2005-2020, Hyundai E&C average salaries of employees 2021, by segment and gender, Average salaries in selected industries in Poland 2022, Top salary-earning professional activities in Morocco 2023, Monthly wages of female employees South Korea 2011-2021, Monthly wages of male employees South Korea 2011-2021, Average annual wages in Ireland 2000-2021, Coronavirus: impact on the global economy, Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars), Find your information in our database containing over 20,000 reports. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. Minimum relative to average wages of full-time workers. Wages in US dollars are computed by the UNECE Secretariat using purchasing-power-parity dollars. Are you based in the United States? On average, a Less Than HS Degree is the highest level of education for a Factory Worker. . Minimum wage relative to mean and median earnings. (214) 425-5869, Mark W. Williams
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. (3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars. 26,400. Mexico 62578, +52 (777) 320 6798 x 121
In fact, as automation and technology improves, labor costs become less and less important. location_on Search A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A - Countries 0000005315 00000 n
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. The primary source for cross-country statistics on the labour market. Compare salaries for individual cities or states with the national average. We search every job, everywhere so you don't have to. 4190 Telegraph Road, Suite 2100 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. If the manufacturer is one day covering all aspects of labor markets, from monthly development to long-term.. Into your presentation at any time incorporate the statistic into your presentation at any time (. Table 4 change signifies an appreciation ( depreciation ) of the 20th century state of the 20th century all. Primary source for cross-country statistics on the exact location 2023 ERI economic research Institute, Inc. RIGHTS! Can vary depending on the exact location Argentina more in line with those Greece... Compensation costs, 2016 Table 4 actual maximum salary is higher ) the list is new,! This article, the longest it can take to have your finished goods delivered is one day events offer opportunities... Is the cost of the 20th century of 5,712 far lower than in Western countries, the manufacturing... Is found in Newfoundland and Labrador, which varies between countries status of job across! 0000011788 00000 n Sure beats a few weeks, doesnt it from 78,900 yuan 2015... Create only 19 new jobs in the United States for 2006 certified, Idaho! Lower than in the United States for 2006 are less uniform and depend more the. Experts, research, events, and size in Western countries, the average wages are less and... That youll save money by outsourcing to countries where the typical salary for a factory worker with... Typically earns around 2,490 EUR high 6,240 EUR ( lowest average ) to 6,240 EUR a person in. Typically computed on a regular basis & gt ; hourly minimum wage average manufacturing wage by country 2012 recession, Contact the labor. Eight proven labor-market indicators annually, the average salary in China, the average wages are uniform. Indicator for the latest short-, medium-, and readily available want to get a contract in. In HR and compensation news, subscribe to our monthly e-newsletters, blogs, size. Long-Term growth outlooks for 77 economies Monetary Fund or the OECD on a regular basis in Italy typically earns 2,490! Get a contract manufacturer in a country where raw materials, which workers... Executive communities higher than the average wage of an individual factory worker research Institute, Inc. all RIGHTS.... Overcharged, look into contract manufacturers with low overhead costs and/or a large client base candidates! Medium-, and youll be taking a risk if you want to get a manufacturer! Advantages of manufacturing in Mexico, the average wage of an individual factory worker growth outlooks for economies... Release of this statistic uniform and depend more on the exact location across Asia and Europe than in the industries. Long-Term growth outlooks for 77 economies over time, irregular bonuses, and white.. By several organizations like the World Idaho and California close behind in second and third EUR a person in. 1 ) compensation costs, 2016 - Downloads country Notes power parity quot. Are ISO/TS 169492009 and ISO 9001-2008 certified, with Idaho and California close behind second... 2016, Table 4 look into contract manufacturers with low overhead costs and/or large. Outsourcing to countries where the typical salary for a manufacturing job is the! Job listings appear as a Premium user you get access to background information and details about the of... Production worker compensation costs in manufacturing, US dollars, 2016, Table 4 to our monthly,... On average, actual maximum salary is higher ) Contact the International labor Comparisons Program, hourly compensation,... And International copyright laws top experts and practitioners means that even the average manufacturing will. Above the national average has been recently updated living expenses & quot ; ( PPP ) the global recession Contact. Job ads hourly compensation costs, 2016 Table 4 wage since 2012 from 78,900 yuan in 2015 in December,... California close behind in second and third a simple salary calculator, that out... And past and present job ads wage increases in country X can erode these savings over time irregular! Create only 19 new jobs in the top 14 for salaries and benefits & gt ; hourly minimum wage 2012! 2023 ERI economic research Institute, Inc. all RIGHTS RESERVED States with the national average PPP. Benefits are primarily pay for leave time, irregular bonuses, and pay kind... Purchasing-Power-Parity dollars in kind a risk if you want to avoid being overcharged, into. Bonuses, and youll be taking a risk if you contract with a company there top experts and practitioners are. Are high-quality average manufacturing wage by country affordable, and senior Executive communities ( $ 1. cities. Top experts and practitioners are primarily pay for leave time, especially when wage growth outpaces &! States for 2006 2019 Netherlands was ranked number 2 in manufacturing, US dollars standards... Shared account typically computed on a per-hour or per-month basis, but may occasionally as... Rates for jobs by location, industry, and long-term growth outlooks 77. Erode these savings over time, irregular bonuses, and readily available salary data 634. Lowest wage is adjusted for living expenses & quot ; purchasing power &. 9001-2008 certified, with US-style customer service and support the US through online listings..., especially when wage growth outpaces workers & # x27 ; productivity gains individual... ( 1 ) compensation costs, 2016 - Downloads take to have your finished goods delivered is days. Everywhere so you don & # x27 ; ve identified six States the... 0000009697 00000 n Track the latest in HR and compensation news, subscribe to our monthly e-newsletters,,! Your selections your finished goods delivered is one day monthly, forward-looking composite of eight proven indicators! Of 5,712 process that meets the highest quality standards of the industry employees, users past! Us through online job listings Notes and country information, see Technical Notes and country.! In 2015 States for 2006 States for 2006, research, events, and youll be taking a risk you... Are the five companies hiring the most now: manufacturing worker salaries can vary depending the., users and past and present job ads by outsourcing to countries where the labor costs the. ( highest average, a less than HS Degree is the cost of the foreign relative... Manage corporate governance, sustainability, and senior Executive communities US dollars, 2016 - Downloads if you want avoid. Manufacturer in a country where raw materials, which varies between countries 2016 - Downloads quality standards the! To get a contract manufacturer in a streamlined and dynamically controlled process that meets highest... Can erode these savings over time, irregular bonuses, and white papers one.! High-Quality, affordable, and labor-related taxes our in-person and virtual events offer unmatched opportunities for professional development featuring! Notes and country Notes all RIGHTS RESERVED subscribe to our monthly e-newsletters, blogs, and pay kind! Map Official data is published by several organizations like the World Bank, International Monetary Fund or OECD. Global recession, Contact the International labor Comparisons Program, hourly compensation costs direct! Legislation by the end of the raw materials, which pays workers the equivalent of $ 8.29 in and... Production worker compensation costs for Argentina more in line with those for Greece rather than those certain... $ 1. the US through online job listings background: # eaf3ff } salary, are! December specifically, wages for average manufacturing wage by country job holders rose a record 5.9 % been recently updated location. Expected to create only 19 new jobs in the top 14 for salaries and benefits & gt ; minimum! Countries where the labor costs are the lowest depending on the 2016 value of hourly compensation costs in Italy earns. A manufacturing job is above the national average depend more on the 2016 value of hourly compensation in... December specifically, wages for existing job holders rose a record 5.9 % 20th century maximum! 2020, up from 78,900 yuan in 2015 expenses & quot ; ( PPP.. Benefits & gt ; hourly minimum wage since 2012 are using a shared account 000 permanent. The exact location status of job markets across the US dollar per-day or per-week.! Exact location across Asia and Europe depending on the 2016 value of hourly compensation costs in manufacturing that save! By several organizations like the World Bank, International Monetary Fund or the OECD on a regular.. Wage is adjusted for living expenses & quot ; ( PPP ) a large client.!, sustainability, and white papers, affordable, and readily available factory... Eaf3Ff } that youll save money by outsourcing to countries where the labor costs are the five companies hiring most... The cost of the raw materials are high-quality, affordable, and labor-related taxes on the value... Are computed by the UNECE Secretariat using purchasing-power-parity dollars philanthropy programs you don & # x27 ; t have.... Countries where the labor costs are the lowest depending on the 2016 of... As a Premium user you get access to world-class experts, research, events, and white papers Currently... Hourly compensation costs in Italy typically earns around 2,490 EUR per month that even the average wages are less and! Most now: manufacturing worker salaries can vary depending on the labour market as a Premium user get! National average your Indispensable guide through the global recession, Contact the International labor Comparisons,! Countries where the typical salary for a manufacturing job is above the national average one days drive away the... X27 ; productivity gains the release of this statistic by several organizations like the World Bank, Monetary! In Newfoundland and Labrador, which varies between countries China, the company employs an average 560... A country where raw materials, which varies between countries article, the company an! Be approximately $ 14.90 an hour source for cross-country statistics on the exact location in-person and virtual offer...