Manufacturing Industry Pay Trends

Updated

Here are the companies that make actual, physical products, rather than providing a service or information. Typical manufacturing industry employers include food, clothing, and plastic product manufacturers, as well as sawmills and petroleum refineries.

Wage Growth for Manufacturing, Q4 2023

0.2%
since last quarter
4.6%
year over year
32.6%
since 2006
SEE METHODOLOGY

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Methodology for The Payscale Index: Trends in Compensation

The Payscale Index tracks quarterly changes in total cash compensation for full-time, private industry employees and education professionals in the United States. In addition to a national index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes. The Payscale Index uses 2006 average total cash compensation as a baseline.

See full methodology for compensation trend reports.

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