Manufacturing Compensation Trends 
Manufacturing Compensation Trends - November 2024 - Cover

Inside This White Paper

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Manufacturing Industry

Each quarter, ERI SalaryExpert examines the rates at which compensation in the manufacturing industry has increased and provides guidance on expected increases for the upcoming year.

Benefits of Longevity Pay

The Manufacturing Compensation Trends report is designed to capture salary changes across jobs in the manufacturing industry found in the United States economy. This index shows how national compensation in the manufacturing sector has changed over the 20 years prior to the time of publication. 

Conclusion

October salaries for the manufacturing industry in the U.S. have increased by 0.47% over the July 1 data release. This rate of growth is lower than the predicted quarterly rate of 0.68%. Growth over the past year has been 2.73%, with an average quarterly growth of 0.68%.

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Compensation Data From SalaryExpert

We have salary information and cost of living data for thousands of job titles and locations around the world.
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About SalaryExpert

SalaryExpert, powered by ERI, was launched in 2000 with a mission to provide employers, human resource professionals, and job seekers with compensation data. Backed by over 30 years of verified and reliable salary data, SalaryExpert draws on ERI’s expertise in salary and cost of living data to provide the public with excellent tools for evaluating career, relocation, compensation, and education decisions. We want to make your compensation planning and career evaluation easier with access to salary survey data for more than 8,500 locations, 1,100 industries, and 11,300 jobs including 800 executive positions.
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Our Process

Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations.

SalaryExpert conducts advanced analytics to accurately capture the market value of each occupation in our salary survey database

Explore SalaryExpert’s wage, salary, and compensation databases of over 11,000 job titles, 1,100 industries, and 8,500 locations.

After compiling the data, we conduct QA to ensure data are of the highest quality.

SalaryExpert analysts double-check the results for each job every quarter.

Data Collection

Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations.

Data Verification

After compiling the data, we conduct QA to ensure data is vetted, verefied, and of the highest quality.

Analysis

SalaryExpert conducts advanced analytics to accurately capture the full scope of each occupation in our salary survey database.

Quality Assurance

SalaryExpert analysts double-check the results for each job every quarter. Our verified salary survey information helps set the benchmark pay.

SalaryExpert Results

Explore SalaryExpert’s wage, salary, and compensation databases of over 11,000 job titles, 1,100 industries, and 8,500 locations.