The PayScale Index (US): Trends in Compensation

2012: After two strong quarters of growth, wages for installation, maintenance and repair workers grew more slowly in Q1 2012, gaining 0.2 percent more than the previous quarter.

2007-2011: Through 2007 and 2008, installation, maintenance and repair job earnings basically tracked the national average pay trends in The PayScale Index, ending 2009 up about the same amount since 2006 as the average of all jobs. The bad news came in 2009. While jobs on the whole dropped a little more than 1 percent, this category dropped nearly 3 percent. In 2010, wages recovered a bit, but ended the year still more than 1 percent behind the national average wage trends. By the end of 2011, wages were recovering, up nearly 2 percent year-over-year.

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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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