The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
International Comparisons of Hourly Compensation Costs in Manufacturing, 2016 - Summary Tables

Correction Statement
19 April 2018
Hourly compensation costs for Argentina, 2015-2016
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. 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. The correction makes hourly compensation costs for Argentina more in line with those for Greece rather than those for certain Eastern European economies.

16 February 2018

Back to ILC Homepage

Table 1. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100)

Table 2. Average annual percent change in hourly compensation costs in manufacturing and exchange rates

Table 3. Components of hourly compensation costs in manufacturing, US dollars, 2016

Table 4. Manufacturing hourly compensation costs in China and India, in US dollars and as a percent of costs in the United States (US =100)

TABLE 1. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100)
Hourly Compensation Costs(1)      
 Country  in US dollars   US = 100  
1997 (2) 2015 2016 (3) 1997 (2) 2015 2016
Switzerland 30.43 61.01 60.36 132 161 155
Norway 25.88 50.96 48.62 112 135 125
Belgium 28.95 47.96 47.26 126 127 121
Denmark 23.72 44.57 45.32 103 118 116
Germany 28.86 42.27 43.18 125 112 111
Sweden 25.05 41.64 41.68 109 110 107
Austria (5) 24.88 38.99 39.54 108 103 101
United States 23.04 37.81 39.03 100 100 100
Finland 22.36 38.44 38.72 97 102 99
Australia 19.29 38.59 38.19 84 102 98
France 24.87 37.31 37.72 108 99 97
Ireland 17.42 35.84 36.23 76 95 93
Netherlands 22.71 35.02 34.60 99 93 89
Italy 19.77 32.40 32.49 86 86 83
Canada 18.49 30.74 30.08 80 81 77
United Kingdom 19.30 33.01 28.41 84 82 73
Singapore 12.16 25.87 26.75 53 68 69
Japan (4) 22.00 23.60 26.46 96 62 68
New Zealand 12.04 23.23 23.67 52 61 61
Spain 13.96 23.40 23.44 61 62 60
South Korea 9.24 22.54 22.98 40 60 59
Israel 11.62 21.85 22.63 50 58 58
Argentina (4) 7.55 20.20 16.77 33 53 43
Greece 11.61 16.01 15.70 50 42 40
Estonia NA 11.00 11.60 NA 29 30
Slovakia 2.84 11.08 11.57 12 29 30
Portugal 6.44 10.99 10.96 28 29 28
Czech Republic 3.25 10.39 10.71 14 27 27
Taiwan (4) 7.07 9.49 9.82 31 25 25
Hungary 3.05 8.21 8.60 13 22 22
Poland 3.29 8.52 8.53 14 23 22
Brazil 7.03 7.73 7.98 31 20 20
Turkey NA 5.68 6.09 NA 15 16
Mexico 2.62 4.38 3.91 11 12 10
Philippines 1.24 2.15 2.06 5 6 5

NA means data not available.

For complete definitions and country information, see Technical Notes and Country Notes.

(1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes.

(2) With the exception of Estonia and Turkey, 1997 is the first year data for all countries are available.

(3) Data are ranked on the 2016 value of Hourly Compensation, US Dollars.

(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.

(5) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products.

Source: The Conference Board, International Labor Comparisons program, February 2018 

 

TABLE 2. Average annual percent change in hourly compensation costs(1) in manufacturing and exchange rates
 Country  1998-2016   2015   2016  
National currency change Exchange rate change (2) US dollar change (3) National currency change Exchange rate change (2) US dollar change (3) National currency change Exchange rate change (2) US dollar change (3)
Japan (5) 0.4 0.6 1.0 0.1 -12.5 -12.4 0.8 11.3 12.1
Turkey NA -14.6 NA 13.5 -19.5 -8.6 19.2 -9.9 7.3
Estonia NA -0.1 NA 6.0 -16.4 -11.4 5.8 -0.3 5.5
Hungary 7.9 -2.1 5.6 3.9 -16.7 -13.5 5.6 -0.8 4.8
Slovakia 6.5 1.1 7.7 2.5 -16.4 -14.3 4.8 -0.3 4.5
Israel 4.2 -0.6 3.6 3.0 -7.9 -5.2 2.3 1.2 3.5
Taiwan (5) 2.4 -0.6 1.7 5.2 -4.8 0.1 4.8 -1.3 3.4
Singapore 3.8 0.4 4.2 4.6 -7.8 -3.6 3.9 -0.5 3.4
United States 2.8 0.0 2.8 2.1 0.0 2.1 3.2 0.0 3.2
Brazil 7.1 -6.0 0.7 4.8 -29.3 -25.9 8.3 -4.7 3.2
Czech Republic 5.0 1.4 6.5 3.5 -15.6 -12.7 2.4 0.6 3.1
Germany 2.2 -0.1 2.1 2.2 -16.4 -14.6 2.4 -0.3 2.2
South Korea 6.0 -1.0 4.9 2.5 -6.9 -4.6 4.6 -2.5 1.9
New Zealand 3.3 0.3 3.6 2.6 -15.9 -13.8 2.1 -0.2 1.9
Denmark 3.6 -0.1 3.5 1.1 -16.6 -15.7 1.7 -0.1 1.7
Austria (6) 2.6 -0.1 2.5 2.2 -16.4 -14.5 1.7 -0.3 1.4
France 2.3 -0.1 2.2 1.4 -16.4 -15.3 1.4 -0.3 1.1
Ireland 4.3 -0.4 3.9 -1.3 -16.4 -17.5 1.4 -0.3 1.1
Finland 3.1 -0.2 2.9 2.1 -16.4 -14.6 1.0 -0.3 0.7
Italy 2.8 -0.1 2.6 2.6 -16.4 -14.3 0.5 -0.3 0.3
Spain 2.9 -0.1 2.8 -0.7 -16.4 -17.0 0.5 -0.3 0.2
Poland 6.2 -1.0 5.1 3.6 -16.3 -13.3 4.7 -4.4 0.1
Sweden 3.3 -0.6 2.7 2.1 -18.7 -17.0 1.6 -1.5 0.1
Portugal 3.0 -0.2 2.8 3.6 -16.4 -13.4 0.0 -0.3 -0.3
Australia 3.7 0.0 3.7 0.6 -16.7 -16.1 0.0 -1.0 -1.0
Switzerland 1.6 2.1 3.7 -1.0 -4.8 -5.8 1.3 -2.3 -1.1
Netherlands 2.4

-0.1

2.2 -0.5 -16.4 -16.9 -0.9 -0.3 -1.2
Belgium 2.7 -0.1 2.6 1.7 -16.4 -15.0 -1.2 -0.3 -1.5
Greece 2.2 -0.6 1.6 -0.5 -16.4 -16.8 -1.7 -0.3 -1.9
Canada 2.4 0.2 2.6 3.1 -13.5 -10.8 1.4 -3.5 -2.2
Philippines 5.3 -2.5 2.7 4.3 -2.4 1.7 0.1 -4.2 -4.1
Norway 4.3 -0.9 3.4 3.7 -21.9 -19.0 -0.6 -4.0 -4.6
United Kingdom 3.1 -1.0 2.1 1.3 -7.2 -6.0 3.7 -11.6 -8.4
Mexico 6.8 -4.4 2.1 4.6 -16.1 -12.3 5.1 -15.1 -10.7
Argentina (5) 20.2 -13.2 4.3 30.6 -12.5 14.3 32.7 -37.4 -17.0

NA means data not available.

For complete definitions and country information, see Technical Notes and Country Notes.

(1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes.

(2) Exchange rates are expressed as US dollars per foreign currency unit. A positive (negative) change signifies an appreciation (depreciation) of the foreign currency relative to the US dollar.

(3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country.

(4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US 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.

(6) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products.

Source: The Conference Board, International Labor Comparisons program, February 2018 

 

TABLE 3. Components of hourly compensation costs as a percent of total hourly compensation costs in manufacturing, US dollars, 2016
  Hourly Compensation Costs(1)  as a percent of total hourly compensation  
    Total, In US Dollars  Social Insurance(2) Direct Pay  
Total Directly-Paid Benefits(3) Pay for Time Worked(4)
United States 39.03 24.0 76.0 9.4 66.6
Argentina (5) 16.77 17.4 82.6 14.0 68.6
Australia 38.19 19.1 80.9 9.6 71.3
Austria (6) 39.54 26.1 73.9 21.4 52.5
Belgium 47.26 31.0 69.0 20.5 48.5
Brazil 7.98 31.4 68.6 14.4 54.3
Canada 30.08 20.2 79.8 9.9 69.9
Czech Republic 10.71 26.6 73.4 13.0 60.4
Denmark 45.32 11.6 88.4 15.8 72.7
Estonia 11.60 26.0 74.0 9.6 64.3
Finland 38.72 20.4 79.6 20.7 58.9
France 37.72 30.4 69.6 13.2 56.4
Germany 43.18 21.9 78.1 20.6 57.5
Greece 15.70 23.5 76.5 18.2 58.4
Hungary 8.60 23.9 76.1 19.2 56.8
Ireland 36.23 16.6 83.4 21.8 61.6
Israel 22.63 18.2 81.8 8.5 73.3
Italy 32.49 29.0 71.0 18.4 52.6
Japan (5) 26.46 18.1 81.9 25.9 56.0
Mexico 3.91 29.8 70.2 NA NA
Netherlands 34.60 20.9 79.1 20.5 58.6
New Zealand 23.67 3.9 96.1 12.3 83.9
Norway 48.62 17.0 83.0 NA NA
Philippines 2.06 7.8 92.2 17.2 75.0
Poland 8.53 18.0 82.0 23.1 58.9
Portugal 10.96 19.8 80.2 20.1 60.0
Singapore 26.75 18.3 81.7 18.1 63.6
Slovakia 11.57 27.3 72.7 19.3 53.4
South Korea 22.98 19.1 80.9 NA NA
Spain 23.44 24.8 75.2 20.3 54.8
Sweden 41.68 30.8 69.2 10.8 58.4
Switzerland 60.36 18.4 81.6 19.0 62.7
Taiwan (5) 9.82 15.0 85.0 NA NA
Turkey 6.09 17.2 82.8 15.1 67.7
United Kingdom 28.41 14.5 85.5 13.6 71.9

NA means data not available.

For complete definitions and country information, see Technical Notes and Country Notes.

(1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes.

(2) Employer social insurance expenditures are legally required, private, and contractual social benefit costs, and labor-related taxes minus subsidies.

(3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind.

(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.

(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.

(6) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products.

Source: The Conference Board, International Labor Comparisons program, February 2018

 


© The Conference Board 2018. All data contained in this table are protected by United States and international copyright laws. 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. The data and analysis contained herein may not be used, redistributed, published, or posted by any means without express written permission from The Conference Board.

COPYRIGHT TERMS OF USE

All material on Our Sites are protected by United States and international copyright laws. You must abide by all copyright notices and restrictions contained in Our Sites. 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. 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.

Trademarks "THE CONFERENCE BOARD," the TORCH LOGO, and other logos, indicia and trademarks featured on Our Sites are trademarks owned by The Conference Board, Inc. in the United States and other countries ("Our Trademarks").

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.

 


The use of all TCB data and materials is subject to the Terms of Use. Reprint requests are reviewed individually and may be subject to additional fees. TCB reserves the right to deny any request.

Contact the International Labor Comparisons Program

Email: ilcprogram@conferenceboard.org

For the latest updates, subscribe to the quarterly ILC newsletter.

 View our most recent newsletter!

Member Exclusive
The Conference Board Help Wanted Online® Members Login
Hourly Compensation Costs, 2016 - Downloads

International Comparisons of Hourly Compensation Costs in Manufacturing, 2016

Summary Tables

Data Tables

Technical Notes

Country Notes

Change Notes

Key Findings