The PayScale Index (US): Trends in Compensation

Though largely found in the construction industry, those with construction skills can also work in the mining, utilities, real estate and architecture and engineering industries. This jobs category includes all of the people who build things – houses, roads, office towers – and those who extract oil, gas and minerals out of the ground.

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The construction (SOC Codes 11-9020.00 Construction Managers; 47-0000.00 Construction and Extraction Occupations) jobs category includes all of the people who build things – houses, roads, office towers – and those who extract oil, gas and minerals out of the ground. From plumbers to roustabouts, these workers can be found in a variety of industries, including highway maintenance and carpet sales and installation. Despite the wide variety, all of this employment falls into one category, construction.

The SOC (Standard Occupational Classification) system is used by Federal statistical agencies to classify workers into occupational categories for the purpose of collecting, calculating, or disseminating data. Source: Bureau of Labor Statistics.

The PayScale Index tracks quarterly changes in total cash compensation for full-time, private industry employees in the United States. In addition to a national index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes. The PayScale Index uses 2006 average total cash compensation as a baseline.

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