Manufacturing Wage Analysis
Since 2022, manufacturers have increased wages at a higher rate than the private sector overall. Average hourly wage across all private sectors grew less than a percentage point from Q4 2022 to Q4 2024. In contrast, the manufacturing positions (hourly and salary) below surpassed that growth, some by significant margins. • 17% - Journeymen electricians experienced the highest median wage growth since 2022. • 13% - Quality inspectors, experienced tool and die makers, and painters experienced the next highest increases in median wages. • $35.10 – Hourly rate of experienced tool and die makers, the highest of all hourly occupations examined in this report. • 10% – Maintenance Supervisor experienced the highest wage increase of all salaried occupations identified in this report.
Source: Bureau of Labor Statistics and The Employers’ Association
Salary Positions
2022 Wages
2024 Wages
Percentage Growth
2%
Plant Manager
4%
Facilities Manager
3%
Quality Manager
10%
Maintenance Supervisor
9%
Facilities Supervisor
7%
Assembly Supervisor (Light Prod.)
$0
$20K
$40K
$60K
$80K
$100K
$120K
Annual Wage
Source: The Employers Association
12
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