With an average annual IT salary of around 5,000 USD, companies hire entry-level software developers. Wage and salary in Vietnam are very dissimilar across occupations and contrast starkly between urban and rural areas. Many people are in need of jobs but they cannot work jobs that pay them unfairly.

Here is an interesting article: https://qz.com/980283/a-simple-change-could-ensure-garment-workers-a-living-wage-at-minimal-cost-to-shoppers/. The minimum wage announced by the Government is only monthly minimum wage (not hourly minimum wage as in other countries). "Manufacturing Labor Costs per Hour for China, Vietnam, Mexico from 2016 to 2020 (in U.S. It is crazy that monthly wages for garment workers in Honduras are approximately 107 percent of the national average wage in the country at only $650 per month.

It is important to note, however, that the wages received by workers is more of a reflection on the nation as a whole, not just the industry. As I was looking at this article and chart I was shocked to see how much of a difference the wage levels can be in different countries.
Website (SourceToday). While factory jobs in the United States are not considered a very “skill” required opportunity and therefore does not receive much pay. But in other countries the same jobs are actually on the higher end of salaries. Being a US citizen, it is heartbreaking to see how low some of the other countries wages are. I would be interested in seeing a graph that compared wage level with cost of living. In Vietnam economy, Director is on the top list of highest earners, Get personal salary report based on your exact career. Facts and statistics about Vietnam Vietnam is a country located in the Southeast Asia region with a population of 79,832,000 and an average life span of 69.3 years. It’s very interesting to look at the difference between the wages in the U.S. and the wages in Sri Lanka, but like others have said this doesn’t mean that the U.S. is making that much more in relation to other jobs in the U.S. For example, while garment workers in the US apparently earn much more than their peers in other parts of the world, the wage level nevertheless was only 51 percent of the U.S. national average wage. I agree with and think that everything that this user pointed out was super important to consider. It is viewed by many that factory workers in other countries are underpaid, which some very well may be, however according to the charts it is actually not the case.

From learning about the working conditions in Bangladesh, this would make sense personally. Those countries therefore pay a higher wage relatively when comparing the wages to the national average. Then you can access your favorite statistics via the star in the header. It is clear that the low wages in other countries have unfortunately reached a new extreme, which is why I believe the United States should take action, but also the US consumers are responsible for demanding fast fashion and causing severe implications. Vietnam has some of the fastest growing salaries in Asia. Post was not sent - check your email addresses! The US is a capital intensive country and although the monthly wage is relatively the highest compared to the rest of the countries, it also has the highest standard of living. This first led me to believe that everyone in that country, if operating on a monthly salary of $650 is … I also think it is due to supply and demand of the market. in Fashion (VND 159,000,000) 2020 USFIA Fashion Industry Benchmarking Study Released, COVID-19 and U.S. Apparel Imports (Updated: August 2020), WTO Reports World Textiles and Apparel Trade in 2019, COVID-19 and U.S. Apparel Imports (Updated: July 2020), USTR Factsheet: Textiles and Apparel and the US-Mexico-Canada Free Trade Agreement (USMCA), Free trade agreement and trade preference program. I am wondering why these two countries are so close to the average wage level, far above all other countries? Regarding these statistics, I think it is extremely interesting that the apparel industry has duties that are 15% more than that of other consumer goods. Seeing that the lowest monthly wage of a garment worker in Sri Lanka is $194 a month, compared to the Unites States, which is $1,864 a month, shows a clear reason as to why certain companies choose to outsource for apparel manufacturing.

Then you will be able to mark statistics as favourites and use personal statistics alerts. I agree. (April 17, 2017). This is important to do because the cost of living is very different in certain places, so what seems like a low amount to us could be on the higher end for other people. The wage discrepancies across the world are an unfortunate but multifaceted issue that would take global collaboration to overcome.

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