The PayScale Index (US): Trends in Compensation

Anywhere there are systems or machinery in need of installation, improvement or repairs, you can find these professionals. Some work on security alarm or HVAC systems in the construction industry, while others work in transportation or manufacturing.

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Installation, maintenance and repair (SOC Codes 49-0000.00 Installation, Maintenance, and Repair Occupations) workers maintain things that are working, and fix things that are broken. These “things” can be anything from wind turbines and jet aircraft to coin-operated vending machines and bicycles. While some professionals in this category, like security alarm and HVAC installers, do work in the construction industry, on the whole these occupations can be employed across a spectrum of industries like transportation, manufacturing, and other service industries.

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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