Other Electronic Component Manufacturing — Average Employee Salary
The average employee in the other electronic component manufacturing industry earns $86,430 per year ($41.55/hour), according to Bureau of Labor Statistics QCEW data.
What Do Other Electronic Component Manufacturing Workers Earn?
At $86,430/year (equivalent to $41.55/hour for a full-time worker), other electronic component manufacturing wages are significantly above the national average of ~$65,000.
Higher wages in this industry typically reflect specialized skills, professional certifications, or technical expertise required for the work. Employers competing for talent in this space face elevated labor costs.
The typical other electronic component manufacturing business employs 34 people. These are larger operations where staffing represents a major cost center and management complexity.
Wages as a Percentage of Revenue
For the average other electronic component manufacturing business generating $16.7M/year with 34 employees at $86,430 each, total payroll represents roughly 17.6% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a other electronic component manufacturingbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $112,359/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 34 employees = ~$2,938,620/year in base payroll.
- Hourly equivalent: $41.55/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $16.7M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Other Electronic Component Manufacturing revenue benchmarks →Frequently Asked Questions
- How much do other electronic component manufacturing employees make?
- The average other electronic component manufacturing employee earns $86,430 per year, which is equivalent to $41.55/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the other electronic component manufacturing industry?
- The other electronic component manufacturing industry employs 63,808 workers across 1,857 establishments in the United States. The average business in this industry has approximately 34 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).