PayScale Index Q2 2016 Highlights

Tech centers continue to be top players in the wage growth field.

  • Metros with a high prevalence of STEM workers performed well this quarter:  Both San Francisco and Seattle were near the top of the list of metros for annual growth with 3.5 percent and 3.4 percent respectively.

  • Seattle just overtook Houston for the metro with the most wage growth since 2006: 15.2 percent vs. 14.4 percent. San Francisco is third on the list with 13.8 percent.

  • San Francisco experienced the highest quarterly wage growth across the metros – 1.6 percent.

  • Once again Transportation jobs topped the list for the highest annual wage growth – 4.0 percent, but took a slight dip in Q2 with a drop in quarterly wage growth of 0.2 percent.

  • Wages in the Mining, Oil, and Gas Exploration industry have fallen 3.5 percent over the last two quarters.

  • The Real Estate, Rental & Leasing industry topped the list for best annual wage growth in Q2 with 3.3 percent, the largest annual wage growth since mid-2014.

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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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