The PayScale Index (US): Trends in Compensation

The latest medicines and most-efficient fuels come from the minds and hands of science and biotech professionals. Those with scientific know-how find work as physicists, chemists and crime scene technicians. In private industry, these workers are mostly found in the research labs of major corporations as well as think tanks and research institutes.

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Science and biotech (SOC Codes 11-9120.00 Natural Sciences Managers; 19-0000.00 Life, Physical, and Social Science Occupations) jobs use the scientific method to understand the world and the people in it. From physicists and biochemists to crime scene technicians and urban planners, these specialists help us answer the questions of what, how and why, and then show how to use this knowledge to advance human welfare. In private industry, these workers are mostly found in the research labs of major corporations as well as think tanks and research institutes.

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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