Laleh Hassibi, PayScale
The PayScale Index for Q4 2013 shows an 18 percent rise in Oil and Gas sector wages since 2006; small company wage growth has stalled; annual wage growth of 0.7 percent is predicted for Q1 2014.
Our first forecast was very close
Last quarter, we predicted U.S. national wages would grow 0.1 percent between Q3 and Q4 2013. The actual quarterly growth calculated for this Q4 2013 release is 0.2 percent. We were so close! For Q1 2014, we forecast quarterly wage growth to be a slight uptick of 0.2 percent, resulting in annual wage growth of 0.7 percent.