Data Packages » Job Meaning » Methodology

Overview:

PayScale reported on how Job Meaning and Median Pay compare for 453 jobs from the Occupational Information Network (O*NET), as well as the following details:

  • % High Job Satisfaction
  • % High Job Stress
  • Typical Educational Level
  • Gender Breakdown
  • Job Level
  • Job Category
  • Example Jobs

Definitions:

Detailed Occupations: Job categories defined by the ONET Breadth 30 Classification: The job grouping one level below the Broad Occupations (ONET 40) as defined by the Occupational Information Network (O*NET).

Broad Occupations: Job categories defined by the ONET Breadth 40 Classification: The job grouping one level below the Minor Groups (ONET 50) as defined by the Occupational Information Network (O*NET).

Minor Groups: Job categories defined by the ONET Breadth 50 Classification: The job grouping one level below the Major Groups (ONET 60) as defined by the Occupational Information Network (O*NET).

Major Groups: Job categories defined by the ONET Breadth 60 Classification: The highest job grouping that contains the detailed occupation according to Occupational Information Network (O*NET).

Total Cash Compensation (TCC): TCC combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, and other forms of cash earnings, as applicable. It does not include equity (stock) compensation, cash value of retirement benefits, or value of other non-cash benefits (e.g., healthcare).

Median Pay: The median pay is the national median (50th Percentile) annual total cash compensation. Half the people doing the job earn more than the median, while half earn less.

% High Job Meaning: This is the percentage of respondents who answered "Very much so" or "Yes" to the question, "Does your work make the world a better place?"

% High Job Satisfaction: This is the percentage of respondents  who answered "Extremely satisfied" or "Fairly satisfied" to the question, "How satisfied are you in your job?"

% High Job Stress: This is the percentage of respondents within a given job who answered "Extremely stressful" or "Fairly stressful" when asked whether their job is stressful.

Typical Education Level: This is the most common degree level held by respondents within a given job. The required degree for entry into a job may be lower.

Job Level: This is the median years respondents have spent in their field/career broken into three categories:

  • "Starting" if the median years of experience for workers is less than 5 years.
  • "Mid-Career" if the median years of experience for workers is 5-10 years.
  • "Senior" if the median years of experience for workers is greater than 10 years.

Example Titles: These are common job titles within the ONET 30 Level.

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