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Factory and Manufacturing Average Salaries in Serbia 2023

How much money does a person working in Factory and Manufacturing make in Serbia?

Average Monthly Salary
95,700 RSD
( 1,150,000 RSD yearly)


A person working in Factory and Manufacturing in Serbia typically earns around 95,700 RSD per month. Salaries range from 35,500 RSD (lowest average) to 240,000 RSD (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Factory and Manufacturing careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Assembly Foreman36,900 RSD
Assembly Line Worker35,200 RSD
Assembly Supervisor55,400 RSD
Assistance Maintenance Manager140,000 RSD
Assistant Shipping Manager122,000 RSD
Chemical Equipment Controller90,400 RSD
Chemical Technican Apprentice74,800 RSD
CNC Machinist81,300 RSD
CNC Operator76,900 RSD
CNC Programmer88,500 RSD
Colour Technologist47,200 RSD
Contracts Manager154,000 RSD
Data Collection Coordinator61,900 RSD
Demand Planner53,100 RSD
Derrick Operator37,900 RSD
Director of Manufacturing227,000 RSD
Dock Worker36,500 RSD
Drying Technician36,600 RSD
Equipment Operator34,800 RSD
Export Sales Coordinator115,000 RSD
Factory Superintendent55,200 RSD
Factory Worker38,500 RSD
Failure Analysis Technician55,400 RSD
Fiberglass Laminator40,400 RSD
Food Technologist70,000 RSD
Forklift Driver36,300 RSD
Forming Machine Operator40,400 RSD
Furnace Operator38,400 RSD
Gas Appliance Repairer38,700 RSD
General Warehouse Associate64,100 RSD
Heavy Equipment Operator48,200 RSD
HSE Manager157,000 RSD
Industrial Engineer120,000 RSD
Industrial Machinery Mechanic75,800 RSD
Industrial Production Manager214,000 RSD
Industrial Safety and Health Engineer116,000 RSD
Intake Operator51,000 RSD
Key Account Manager174,000 RSD
Lift Truck Operator37,700 RSD
Loading Supervisor64,400 RSD
Logistic Coordinator100,000 RSD
Logistics Clerk44,300 RSD
Machine Operator36,100 RSD
Machinist38,000 RSD
Maintenance Manager137,000 RSD
Maintenance Store Clerk41,400 RSD
Manufacturing Engineer115,000 RSD
Manufacturing Engineering Manager182,000 RSD
Manufacturing Engineering Technologist136,000 RSD
Manufacturing Manager200,000 RSD
Manufacturing Operative62,700 RSD
Manufacturing Production Technician48,000 RSD
Manufacturing Supervisor109,000 RSD
Manufacturing Technician44,100 RSD
Materials Supervisor102,000 RSD
Mechanical Fitter Engineer123,000 RSD
Mechanical Foreman37,000 RSD
Merchandise Planner65,900 RSD
Metrology Engineer111,000 RSD
Operations Engineer113,000 RSD
Operations Manager180,000 RSD
Order Management Coordinator99,900 RSD
Order Processing Manager155,000 RSD
Order Selector45,400 RSD
Package Handler35,000 RSD
Packaging Manager124,000 RSD
Packer36,700 RSD
Packing Deputy Supervisor97,600 RSD
Planning Manager180,000 RSD
Plant Manager207,000 RSD
Precision Instrument Repairer59,500 RSD
Process Technician45,000 RSD
Product Manager194,000 RSD
Production Analyst159,000 RSD
Production Director237,000 RSD
Production Engineer117,000 RSD
Production Engineering Supervisor189,000 RSD
Production Inspector124,000 RSD
Production Laborer35,500 RSD
Production Manager229,000 RSD
Production Scheduler89,100 RSD
Production Supervisor116,000 RSD
Quality Control Analyst161,000 RSD
Quality Control Inspector129,000 RSD
Quality Control Manager179,000 RSD
Service Technician47,100 RSD
SHEQ Officer55,600 RSD
Shipping Manager193,000 RSD
Small Engine Mechanic61,900 RSD
Spray Painter38,300 RSD
Sterile Processing Technician43,100 RSD
Structural Welder32,800 RSD
Supply Chain Operative104,000 RSD
Technical Operator49,700 RSD
Technology Development Manager213,000 RSD
Testing Technician87,100 RSD
Toolmaker59,800 RSD
Warehouse Operative40,300 RSD
Warehouse Worker40,000 RSD
Warranty Handler66,800 RSD
Welder36,700 RSD
Workshop Manager138,000 RSD

Factory and Manufacturing Jobs Salary Distribution in Serbia

Median and salary distribution monthly Serbia Factory and Manufacturing
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The median, the maximum, the minimum, and the range

  • Salary Range

    Factory and Manufacturing salaries in Serbia range from 35,500 RSD per month (minimum average salary) to 240,000 RSD per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 97,700 RSD per month, which means that half (50%) of people working in Factory and Manufacturing are earning less than 97,700 RSD while the other half are earning more than 97,700 RSD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Factory and Manufacturing are earning less than 59,900 RSD while 75% of them are earning more than 59,900 RSD. Also from the diagram, 75% of people working in Factory and Manufacturing are earning less than 172,000 RSD while 25% are earning more than 172,000 RSD.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.

Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Serbia costs anywhere from 701,000 Serbian Dinar(s) to 2,100,000 Serbian Dinar(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Factory and Manufacturing Salary Comparison By Gender

Salary comparison by gender monthly Serbia Factory and Manufacturing
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Serbia who work in Factory and Manufacturing earn 5% more than their female counterparts on average.

98,100 RSD
93,000 RSD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Serbia for all Careers

Salary comparison by gender monthly Serbia
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Factory and Manufacturing Average Annual Salary Increment Percentage in Serbia

How much are annual salary increments in Serbia for Factory and Manufacturing professionals? How often do employees get salary raises?

Factory and Manufacturing

Factory and Manufacturing professionals in Serbia are likely to observe a salary increase of approximately 7% every 20 months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.

Annual Salary Increment Rate Serbia Factory and Manufacturing
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Serbia / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Serbia is 4%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Serbia for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Worldwide Salary Raises: All Countries and All Jobs

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Factory and Manufacturing Bonus and Incentive Rates in Serbia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Serbia Factory and Manufacturing
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Factory and Manufacturing is considered to be a low bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

75% of surveyed staff in Factory and Manufacturing reported that they haven't received any bonuses or incentives in the previous year while 25% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Factory and Manufacturing Hourly Average Wage in Serbia

550 RSD per hour

The average hourly wage (pay per hour) in Serbia is 550 RSD. This means that the average person in Serbia earns approximately 550 RSD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Factory and Manufacturing VS Other Jobs

Salary Comparison Between Factory and Manufacturing and Factory and Manufacturing monthly Serbia
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The average salary for Factory and Manufacturing is 32% less than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Belgrade104,000 RSD
Novi Sad99,700 RSD

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Serbia earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
131,000 RSD
Public Sector+14%
150,000 RSD
Percentage increase and decrease are relative to the previous value

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