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"Joe the Plumber" Is Not Alone

New PayScale Compensation Analysis Shows That Most Americans
Are Trying to Stay Afloat in the Same Economic Boat

Seattle, WA, - October 23, 2008 - With less than two weeks to go before the presidential election and echoes of "Joe the Plumber" reverberating up and down the campaign trail, PayScale - which operates the world's largest database of individual employee compensation profiles - decided to crunch the salary numbers on behalf of millions of Joe the Plumber's middle-class counterparts.

The findings show that most Americans are trying to stay afloat in the same economic boat; and, like Joe the Plumber, "Regina the Registered Nurse," "Charlie the Certified Public Accountant," "Marion the Mechanical Engineer" and "Paulette the Pediatrician" all make less than $250,000 a year in total cash compensation (salary, bonus, commissions, overtime but not equity or stock payments).

"The middle class in America is much wider and deeper than most people suspect," explains Al Lee, Director of Quantitative Analysis for PayScale. "The interesting thing is that a wide range of challenging and respected professions offer middle-class compensation."

PayScale is a non-partisan company, and its special election numbers support some of the claims made by both presidential candidates. The data backs up John McCain's contention that "Joe the Plumber" is a solid proxy for middle-income wage earners in the United States; but the statistics also reinforce the thinking behind one of Barack Obama's core economic plans, which asserts that 95 percent of all Americans - everyone making below $250,000 a year - won't pay more in taxes.

"They're both right," says Lee. "There are a lot of Joe the Plumbers out there, and there are also a huge number of people making less than $250,000 a year in our country."

Paying homage to the electoral map, PayScale looked at several key battleground states and analyzed median middle-class compensation for employees with 15-plus years in their profession:

Plumber

Ohio - $47, 500

Florida - $54,800

Colorado - $54,900

Registered Nurse

Ohio - $60,200

Florida - $62,800

Colorado - $68,900

Certified Public Accountant (CPA)

Ohio - $69,700

Florida - $76,900

Colorado - $67,600

Mechanical Engineer

Ohio - $78,800

Florida - $82,000

Colorado - $89,400

The PayScale numbers offer some surprises. The median national annual compensation for corporate attorneys, pediatricians, vice presidents of operations and chief financial officers (at companies with approximately 500 employees) is well under $250,000:

Corporate Attorney

$141,000

Pediatrician

$151,000

Vice President, Operations

$153,000

Chief Financial Officer (CFO)

$167,000

So who's in that rarified e slice of America that will end up paying more taxes, under Obama's tax plan and has benefited from the Republicans' tax cuts over the past few years?

Chief Executive Officer (CEO)*
*at approximately 500 employee company

$251,100

Cardiologist

$270,500

Surgeon (all types)

$298,600

About PayScale
PayScale.com (www.payscale.com) is the world's largest ongoing salary survey. With the world's largest database of individual employee compensation profiles, PayScale provides an immediate and precise snapshot of current market salaries. PayScale's patent-pending real-time profiling technology collects and indexes employee pay attributes worldwide and makes this data available through its online salary tools and salary benchmarking reports. PayScale was founded in 2002 and is headquartered in Seattle, Washington USA.

For More Information, Please Contact:

Steven Gottlieb
steven@gottliebgroupcom.com or (206) 427-9591