Today we launched our fifth release of The PayScale Index, which tracks changes in the price of labor since 2006. And for the first time since 2008, wage increases are being seen across the board.
Previously, wage growth winners were typically in just high-tech and energy industries, while workers in most other industries experienced no growth or even a loss in wages. However, the tides have turned as even workers in previously failing industries, such as construction and manufacturing, are seeing wage increases.
In this post I will look deeper into the wage trends experienced by different industries, job families and cities. These wage trends are useful for individuals to understand how overall market prices for broad labor markets are changing on average, but they won't define your individual market price. To find out what you are worth given your job title, experience level, educational background and numerous other factors, take the comprehensive PayScale Salary Survey.