Manufacturing Compensation Rose 2% in 2010

Dec. 23, 2011
Hourly compensation for manufacturing employees in the United States averaged $34.74 in 2010, an increase of about 2% from the previous year, according to a U.S. Bureau of Labor Statistics report. From 1997 to 2010, BLS noted, compensation costs in the ...

Hourly compensation for manufacturing employees in the United States averaged $34.74 in 2010, an increase of about 2% from the previous year, according to a U.S. Bureau of Labor Statistics report.

From 1997 to 2010, BLS noted, compensation costs in the United States improved relative to all but five countries: Brazil, Germany, Japan, the Phillipines and Taiwan.

Norway topped the international rankings for manufacturing costs. Compensation averaged $57.53 in 2010, an increase of approximately 8% from 2009. According to Statistics Norway, manufacturing, mining and quarrying employment in the country fell 3% from 2009 to 2010, to a total of 237,000.

Two of the United States' largest trading partners both saw manufacturing costs increase. Canada (#1) averaged $35.67 an hour, with costs going up about 17% compared to the U.S. Mexico (#3) averaged $6.23 as its costs increased about 9%.

The changes in manufacturing compensation costs in U.S. dollars are calculated based on changes in costs in a country's national currency plus the change in the value of the country's currency relative to the U.S. dollar, BLS explains.

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Steve Minter Blog | Executive Editor

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An award-winning editor, Executive Editor Steve Minter covers global economic and international trade issues, tackling subject matter ranging from manufacturing trends, public policy and regulations in developed and emerging markets to global regulation and currency exchange rates. As well, he supervises content production of all IW editorial products including the magazine, IndustryWeek.com, research and informationproducts, and executive conferences. 

Before joining the IW staff, Steve was publisher and editorial director of Penton Media’s EHS Today, where he was instrumental in the development of the Champions of Safety and America’s Safest Companies recognition programs.

Steve received his B.A. in English from Oberlin College. He is married and has two children.

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