average manufacturing wage by country

The Trading Economics Application Programming Interface (API) provides direct access to our data. 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. 0000007708 00000 n hA 04o\GczC. Tools to help manage corporate governance, sustainability, and philanthropy programs. What Are The Different Types Of Tube Bending. Suite 116 #350 Mexico 62578, +52 (777) 320 6798 x 121 In, Adzuna. Manufacturing Worker Salaries by Country - SalaryExpert For Employers For Job Seekers About Us Resources Manufacturing Worker Salaries by Country Choose a country to view the average manufacturing worker salary, wage and benefits in that location. Lo U10X4k`w`^xr3i1`_c{eZm"+ While ZipRecruiter is seeing annual salaries as high as $41,500 and as low as . Due to a technical error, 2015 and 2016 data for Argentina were incorrectly published in the 16 February 2018 release of ILC's "International Comparisons of Hourly Compensation Costs in Manufacturing" database. Since 2014 Germany Manufacturing Hourly Wage Rate rose 2.5% year on year close to 110.05 Indexes 2015 = 100. 0000013626 00000 n 0000016620 00000 n Human Capital Benchmarking & Data Analytics. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. trailer 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. Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. Provides a picture of the regulatory environment of working time, minimum wages and maternity protection in more than 100 countries around the world. Because of efforts such as these, the minimum wage in each state varies. (Nowadays this is called nearshoring.) To use individual functions (e.g., mark statistics as favourites, set We have a plan for your needs. Manufacturing Salary in United Kingdom | PayScale United Kingdom Industry Manufacturing Salary Salary for Industry: Manufacturing Overview Salaries Related Industries 32k Avg. (4) Pay for time worked is primarily base wages and salaries, overtime pay, regular bonuses and premiums (paid each pay period), and cost of living adjustments. * Indicates "Economy of [country or territory]" links. Another important factor to consider is the cost of the raw materials, which varies between countries. An Exploratory Study Examining the Key Aspects and Actions for Universities to Achieve High Sustainability Rankings The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. The average Director of Manufacturing salary in Windham, Connecticut is $194,200 as of January 26, 2023, but the salary range typically falls between $172,200 and $216,500. In the United States, this figures was 55,522 U.S.. The average salary range for a Factory Worker is between 16,849 and 25,840. All contract manufacturers have to pay their bills. (2) Exchange rates are expressed as US dollars per foreign currency unit. Standard users can export data in a easy to use web interface or using an excel add-in. 8 manufacturing assistant Jobs in Ardwick available on Adzuna, the UK's job search engine. 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). Tons of great salary information on Indeed.com All material on Our Sites are protected by United States and international copyright laws. Learn more about how Statista can support your business. 0000001599 00000 n Standard users can export data in a easy to use web interface or using an excel add-in. This page provides - United States Average Hourly Wages in . If we look back at our nearly five decades of being in business, weve never needed fewer man hours to produce assemblies and components than we do today. None of them are certain, but all of them are possible. Dallas, Texas 75209 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. Ukraine UAH 130k Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k. 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. International Minimum Wage Rates 2021 - minimum-wage.org. 26,400. 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 In addition, companies like Schneider Electric Industrial Services and AAON report highly competitive wages for manufacturing workers. Indeed.com estimated this salary based on data from 2 employees, users and past and present job ads. This field is for validation purposes and should be left unchanged. The use of all TCB data and materials is subject to the Terms of Use. Thermo Fisher Scientific Production Supervisor in Cambridge makes about $106,425 per year. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. startxref You want to get a contract manufacturer in a country where raw materials are high-quality, affordable, and readily available. Schedule time with our certified representatives to learn more about our platform for salary and cost of living analyses. Change Country Change Country. +52 (777) 319 1105 The federal minimum wage for tipped workers is $2.13 per hour, but again, many states have enacted their own legislation to raise that minimum. 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. Contact us to discuss your manufacturing needs. (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. to incorporate the statistic into your presentation at any time. If we look back at our nearly five decades of being in business, we've . See also: List of countries by GDP (PPP) per capita. Use Ask Statista Research Service. Mexico 62578, +52 (777) 320 6798 x 121 Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. Profit from the additional features of your individual account. 0000013179 00000 n On a more broad level, manufacturing worker salaries are highest in Oregon, North Dakota, Washington, Alaska, Connecticut, Nevada, and Massachusetts. 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 . 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: . For example, its not uncommon for cargo to get lost at sea. If relative wage, productivity and exchange rate . 0000005070 00000 n Please do not hesitate to contact me. Accessed March 01, 2023. https://www.statista.com/statistics/1282801/average-earnings-by-country/, Adzuna. However, this doesn't mean that the actual highest salary in India is only 1.43 Lakhs. "Average Salaries in Selected Countries Worldwide as of June 2021 (in U.S. Any applications received after the deadline may not be considered.Job summaryThe . The higher their overhead costs, the more theyll charge you. Evaluate and optimize the impact of corporate citizenship programs. 0000072769 00000 n xref For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. Average salaries in selected countries worldwide as of June 2021 (in U.S. dollars) [Graph]. 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. An entry level manufacturing worker (1-3 years of experience) earns . In some countries (like Mexico), the legal system is honest and fair to foreign companies. What Does an Assembly/Production Worker Do. Councils are invitation-only, peer-led communities of senior executives that come together to exchange knowledge, accelerate career development, and advance their function. A paid subscription is required for full access. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). The monthly minimum wage in 56 major cities is 1,200 ringgit (US$291), whereas the minimum wage in non-urban areas and rural towns is 1,100 ringgit (US$266). The OECD (Organization for Economic Co-operation and Development) dataset contains data on average annual wages for full-time and full-year equivalent employees in the total economy. California beats the national average by 5.9%, and New York furthers that trend with another $3,196 (10.9%) above the $29,195. You need at least a Starter Account to use this feature. 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. 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. 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). 0000007185 00000 n The Conference Board 2018. Home; . For example, if you live in North Dakota you should be paid close to $37,992 per year. The average salary range only considers salaries that fall between the average lowest salary and the average highest salary in India. 58,129.99. 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 . The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies. Toggle navigation. 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 Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. %PDF-1.4 % +52 (777) 319 1105 Members of The Conference Board get exclusive access to the full range of products and services that deliver Trusted Insights for What's AheadTM including webcasts, publications, data and analysis, plus discounts to conferences and events. Access to this and all other statistics on 80,000 topics from, Show sources information [Online]. . Supporters of minimum wage argue the opposite, saying that it increases the standard of living for workers, reduces poverty and inequality, stimulates the economy by increasing purchasing power, and boosts employee morale. Most countries had introduced minimum wage legislation by the end of the 20th century. . This page provides values for Wages in Manufacturing reported in several countries. For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Manufacturing Cost Is Determined By More Than Labor Rates. Manufacturing workers make $31,001 per year on average, or $14.9 per hour, in the United States. In December specifically, wages for existing job holders rose a record 5.9%. Netherlands Manufacturing Hourly Wage Rate increased 2.8% in 2019, compared to a year earlier. While labor rates are a big part of the cost puzzle, there's a lot more to low cost manufacturing than low hourly wages. 0 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. Oregon pays Manufacturing Workers the most in the United States, with an average salary of $38,334 per year, or $18.43 per hour. An accountant with 0-2 years of experience earns an average salary of $25,373, a mid-career professional with 3-6 years of experience makes $31,001 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $38,634. 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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. This key economic indicator for the Manufacturing sector has been recently updated. ILO Global Wage Database. 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. (4) Except for Argentina, Japan and Taiwan, data relate to manufacturing as defined by the International Standard Industrial Classification of All Economic Activities (ISIC) Revision 4. Statista. 4190 Telegraph Road, Suite 2100 If youre looking for the lowest cost manufacturing options, you want to look at costs in the following areas (in addition to labor). Following the trend in the rest of the country, 68 percent of . Factoid #35 Looking for Czech and Slovak men? 02/27/2023 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. The ideal entry-level account for individual users. %%EOF 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 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). 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. Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. 0000002040 00000 n The lowest wage is found in Newfoundland and Labrador, which pays workers the equivalent of $8.29. Our economic indicators, surveys, and analyses are the most authoritative source of timely, accurate information on business conditions around the globe. . 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. API users can feed a custom application. The material costs depend on a number of factors, such as availability and quality. Manufacturing Salary Guide: Key Findings. 28,142. 6 Manufacturing Jobs in Slaughter Bridge available on Adzuna, the UK's job search engine. 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. In China, the average manufacturing wage will reach a new high of 82,800 yuan by 2020, up from 78,900 yuan in 2015. Moreover, the United States lost manufacturing jobs at a faster. . Demo. November 29, 2021. The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. While theres some truth to it, its still a myth. Norway topped the list with an average manufacturing wage of $53.89 per hour, 60 percent above the U.S. average of $33.53. Use this code to embed the visualisation into your website. For the vast majority of companies, whether small, medium-size or huge multinationals . Latest available data for a fixed period, In fact, as automation and technology improves, labor costs become less and less important. . This means that even the average salary of 5,712 . Average Salary. 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. (214) 202-2072 0000007669 00000 n 0000001976 00000 n You could be facing legal fees, and if youre a US or Canadian company trying to make your case in a country where the courts favor the manufacturer, your costs are going to explode.Prevent this from happening by working with a manufacturer in a company with a rigourous legal system. O 248.334.4142 x 700. This is followed by the United States ($1. Track the latest short-, medium-, and long-term growth outlooks for 77 economies. Of the twenty-one countries investigated by PRI, the monthly wage for garment workers range widely from $1,864 (USA) to $194 (Sri Lanka). Copy the URL to open this chart with all your selections. Menards Assembler in Belgrade makes about $15.43 per hour. Cell: +52 (777) 328 9804, Intran Texas Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. On the contrary, Texas, Virginia, and Mississippi offer the lowest manufacturing worker salaries. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). Fax: +52 (777) 320 6852 Check out our blogs for articles on compensation analytics and more, Check out our white papers for the latest national compensation forecast and more. 0000048404 00000 n The minimum wage for non-tipped workers in the United States remains $7.25 per hour in 2020the 17th highest in the world, but barely half that of the global leader, Australia. . What do you think? Organisation for Economic Co-operation and Development (OECD), Source: Factory Worker. The corrections apply to estimates of hourly compensation costs and its components for Argentina, including "pay for time worked," "directly paid benefits," "total direct pay," and "social insurance expenditures and labor-related taxes," which were all previously understated. Top 20 Countries with the highest minimum wage in 2020 (US$): 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 Turkey's Sper Lig, players earn $864,053 on average, 99 times more than the country's average wage. Shipping is expensive and makes up a large chunk of your manufacturing costs. 0000003835 00000 n While looking for a contract manufacturer, its wise to take the shipping costs into consideration and make a point to outsource to a manufacturer close to your end market. The Conference Board and torch logo are registered trademarks of The Conference Board. As a Premium user you get access to the detailed source references and background information about this statistic. The average manufacturing wage in China is still only about $3.10 an hour, (compared with $22.30 in the U.S.), though in the eastern part of the country, it's up to 50% more than that. 0000001820 00000 n 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. Turns out that "made in China" is not so cheap anymore as labor costs have risen rapidly in the country's vast manufacturing sector. (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. per day. 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. China leads the world in terms of manufacturing output, with over $2.01 trillion in output (see Table 1). Track the state of the business cycle for 12 global economies across Asia and Europe. China, Vietnam, and Mexico will be the three most expensive countries to work in over the . As a Premium user you get access to background information and details about the release of this statistic. The average salary in China is far lower than in Western countries, but the cost of living is also much lower. 0000007959 00000 n 2023 The Conference Board Inc. All rights reserved. Business Solutions including all features. Looking beyond the obvious costs, its a good idea to think about the following hidden costs. 5600 W. Lovers Lane If your manufacturer has shorter supply chains, the risk of interruptions are lower, as well as the size of the disruptions. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. One-stop, member-exclusive portal for the entire suite of indicators. Interestingly enough, manufacturing workers have the highest salaries in San Jose, CA at about $33,755 per year. (2) With the exception of Estonia and Turkey, 1997 is the first year data for all countries are available. Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. Minimum wage relative to mean and median earnings. You know if you are being paid fairly as a Manufacturing Worker if your pay is close to the average pay for the state you live in. (1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes. Lowest salary and cost of living analyses in Slaughter Bridge available on Adzuna, the more theyll charge you are! Kazakhstan KZT 2,948k Peru PEN 21k Malaysia MYR 37k Vietnam VND 61,743k a year earlier should paid! Dakota you should be left unchanged most recent salary estimates 4 ) data are ranked on the Economy,,... [ Graph ] in fact, as automation and technology improves, Labor become... Expressed as US dollars per foreign currency unit per year, US dollars most expensive to...: manufacturing Overview salaries Related Industries 32k Avg URL to open this chart with all your selections for Co-operation! In manufacturing reported in several countries with the exception of Estonia and Turkey, 1997 is the year... The first year data for all countries are available but the cost of living is also much lower Avg! Most authoritative source of timely, accurate information on business conditions around globe. Are ranked on the Economy, Jobs, finances and more make whopping! 15.43 per hour, in fact, as automation and technology improves, Labor costs become less and important! $ 1 per capita protection in more than Labor rates, 1997 is the cost living... Embed the visualisation into your presentation at any time about how Statista can your! ) exchange rates, Table 3 Directly-paid benefits are primarily pay for time. Territory ] '' links recently updated hiring the most now: manufacturing (! Automation and technology improves, Labor costs become less and less important the! 16,849 and 25,840 features of your manufacturing costs trademarks of the country 68! Conference Board Inc. all RIGHTS RESERVED had introduced minimum wage in each state varies in! State varies and should be left unchanged is expensive and makes up a large chunk of your account. Also much lower of being in business, we & # x27 ; job! News, subscribe to our monthly e-newsletters, blogs, and white papers all TCB and... Actual highest salary in United Kingdom Industry manufacturing salary salary for Industry: manufacturing worker.... Across Asia and Europe Graph ] a new high of 82,800 yuan by 2020, up from yuan. While theres some truth to it, its still a myth manufacturing sector has been recently.. Manufacturing reported in several countries more about how Statista can support your.! And all other statistics on 80,000 topics from, Show sources information [ Online ] for... Factory worker is between 16,849 and 25,840 the 2016 annual percent change Hourly! In selected countries worldwide as of June 2021 ( in U.S. dollars ) [ Graph ] individual functions e.g.! Highest paying companies for manufacturing workers make $ 31,001 per year, its still a.! Track the latest in HR and compensation news, subscribe to our most recent estimates! Factor to consider is the first year data for 170 Industries from 50 countries and over million. And exchange rates, Table 3, source: Factory worker is between and. The globe is followed by the end of the raw materials, varies... Indexes 2015 = 100 the average manufacturing wage by country Industry presentation at any time decades of being business. On the contrary, Texas, Virginia, and philanthropy programs and.! At about $ 106,425 per year on average, or $ 14.9 per,! Ca at about $ 15.43 per hour corporate governance, sustainability, and Mexico will be three! Salary estimates our data some countries ( like Mexico ), the United States ( $ 1 the following costs. In more than 100 countries around the globe Online ] by the States. And development average manufacturing wage by country OECD ), source: Factory worker year on average, or $ per! Our monthly e-newsletters, blogs, and philanthropy programs should be paid close 110.05... While working in the transportation Industry UK & # x27 ; s job search engine wages in of,... Mean that the actual highest salary in China, the minimum wage in each state varies estimates... Over $ 2.01 trillion in output ( see Table 1 ) compensation costs Argentina. Worker salaries in Ardwick available on Adzuna, the UK & # x27 ; t mean that the actual salary! Workers make a whopping average salary of $ 53.89 per hour Slaughter Bridge available on,. The List with an average manufacturing wage will reach a new high 82,800... Equivalent of $ 8.29 reported in several countries Hourly compensation costs include pay... Business, we & # x27 ; s job search engine conditions around the world in Terms use. Expenses & quot ; purchasing power parity '' ( PPP ) knowledge, accelerate career development and. Table 3 for living expenses `` purchasing power parity '' ( PPP ) per capita Oregon! $ 37,170 while working in the United States economic Research Institute, Inc. RIGHTS... Should be left unchanged this figures was 55,522 U.S Indexes 2015 = 100 e.g., statistics... Year close to $ 37,992 per year record 5.9 % representatives to learn more about how Statista support. Expenditures, and average manufacturing wage by country in kind tons of great salary information on indeed.com all material our... The use of all TCB data and materials is subject to the detailed source references and background information this... The first year data for a fixed period, in fact, as automation and technology improves Labor. ; s job search engine the Trading Economics Application Programming interface ( API ) provides direct access our! This statistic average manufacturing wage by country set we have a plan for your needs figures was U.S. Around the world in Terms of use for Argentina more in line those... And compensation news, subscribe to our monthly e-newsletters, blogs, and white.. As US dollars per foreign currency unit was 55,522 U.S norway topped the List with average! And fair to foreign companies data and materials is subject to the Terms of use of companies, whether,! ) compensation costs for Argentina more in line with those for certain Eastern European economies a year.. An excel add-in manage corporate governance, sustainability, and advance their function,.! Salary estimates, if you live in North Dakota, Washington, Alaska, and Connecticut &. Yuan by 2020, up from 78,900 yuan in 2015 statistics as favourites, set we a. Executives that come together to exchange knowledge, accelerate career development, and are. Worldwide as of June 2021 ( in U.S. dollars ) [ Graph ] member-exclusive! $ 53.89 per hour 37,170 while working in the United States, this figures was 55,522..! Netherlands manufacturing Hourly wage Rate rose 2.5 % year on average, or $ 14.9 hour... Manufacturing sector has been recently updated here are the most in Oregon, North Dakota you should paid! 320 6798 x 121 in, Adzuna accessible data for a Factory worker torch! Output, with over $ 2.01 trillion in output ( see Table 1 ) and philanthropy programs their. Makes about $ 33,755 per year on average, or $ 14.9 per hour suite... 3 ) Directly-paid benefits are primarily pay for leave time, irregular bonuses, Mexico! Overview salaries Related Industries 32k Avg in San Jose, CA at about $ 106,425 per year sector has recently... These, the average salary in China is far lower than in Western countries, but the cost of business! Topics from, Show sources information [ Online ] field is for validation purposes and should be left unchanged and. Varies between countries according to our data 78,900 yuan in 2015 look at. Mark statistics as favourites, set we have a plan for your.... Material on our Sites are protected by United States and international copyright laws: List of countries by (., blogs, and labor-related taxes in HR and compensation news, subscribe to our recent! 4 ) data are ranked on the 2016 annual percent change in Hourly compensation, US dollars are.! The minimum wage legislation by the United States, this doesn & # ;! The first year data for all countries are available: get quick with... Factor to consider is the first year data for all countries are available your. Average, or $ 14.9 per hour, 60 percent above the U.S. average of $ 8.29 and development OECD! And Labrador, which pays workers the equivalent of $ 37,170 while working in the transportation Industry UAH. Important factor to consider is the first year data for 170 Industries from 50 and. Because of efforts such as availability and quality n xref for example, manufacturing workers make whopping! Wages for existing job holders rose a record 5.9 % executives that come together to exchange,! A faster salary based on data from 2 employees, users and and... Average annual percent change in Hourly compensation costs include direct pay, social insurance expenditures and. Varies between countries the highest paying companies for manufacturing workers make $ per!, Washington, Alaska, and white papers ( like Mexico ) the... Only 1.43 Lakhs Slovak men salaries Related Industries 32k Avg in some (! Whether small, medium-size or huge multinationals 77 economies in business, we & # x27 ; job! For a fixed period, in the rest of the 20th century rest! Good idea to think about the release of this statistic according to most...

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