PayScale Index Q3 2016 Highlights

  • Q3 2016 was strong at the national level in the US

    • Continued growth that was consistent with the rest of the year
      • Substantially better than forecasted (10.5% above 2006 levels vs. 9.7% above 2006 levels)

    • Increased by 0.5% from Q2 2016 and by 2.3% from Q3 2015

  • Improvements were not consistent across the country

    • Year-over-year growth ranges from 0.8% in St. Louis, MO to 3.9% in San Diego, CA

    • Metro areas with relatively large science and technology sectors (such as Seattle, San Francisco, and Boston) continue to perform well

    • Several metro areas (Dallas, Houston, Miami, and Tampa) saw wages decrease from Q2 2016 to Q3 2016
      • Houston: wage growth has been slow and inconsistent in recent years while national wage growth continues
      • Miami experienced negative wage growth in Q3, and has shown sluggish wage growth relative to the nation since 2011.
      • Dallas has exhibited consistent growth that matches national-level growth; the Q3 decline offsets higher-than-average growth from Q1 and Q2.

  • Trends across industry haven’t changed substantially since Q2 2016

    • Wages in the Mining, Oil, and Gas Exploration industry increased from quarter to quarter, but this growth was not enough to offset contracting wages in the first half of 2016. The industry experienced the lowest year-over-year of any NIACS industry by far at 0.8%.

    • Accommodation and Food Services continues to be a top performer in both quarterly and annual growth (3.6% and 1.3% respectively).

  • Wages in Legal and Sales occupations continue to grow much more slowly than other occupations

    • Sales occupations remain stagnant, growing only 3.7% since 2006
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Methodology for The PayScale Index: Trends in Compensation
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.

See full methodology for compensation trend reports.

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