Analysis on wage growth measures the rolling year-over-year percent change in median Total Cash Compensation (TCC) for a given data sample during the time period indicated.Total Cash Compensation: TCC combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, and other forms of cash earnings, as applicable. It does not include equity (stock) compensation, cash value of retirement benefits, or value of other non-cash benefits (e.g., healthcare).
Median Pay: The median pay is the national median (50th Percentile) total cash compensation (TCC). Half the people doing the job earn more than the median, while half earn less.
% Wage Growth Rate: The percent change in median TCC between two consecutive time periods. The time periods used are the two consecutive rolling years since the date of the latest profile.
Industry: Industries are defined using the NAICS standard.
Occupation: Occupations are defined using the O*NET standard.
PayScale provides the rating scores and percent changes in employee/employer engagement question responses from PayScale’s online salary survey. This analysis includes profiles of respondents who answered one or more of the engagement sentiment questions. All questions are on or have been adapted to 5-point Likert-scale style responses:
Employer Satisfaction: : I am extremely satisfied working for my employer.
Employer Communication: There is frequent, two-way communication between management and myself.
Employer Bright Future: I am confident my employer has a bright future.
Employer Community: Interactions at my organization tend to be positive and productive.
Manager Relationship: I have a great relationship with my direct manager.
Job Satisfaction: How satisfied are you in your job? (5 – Extremely satisfied, 4 – Fairly satisfied, 3 – A little Satisfied, 2 – Dissatisfied, 1 – I hate my job)
Job Stress: How stressful is your job/work environment? (5 – Extremely stressful, 4 – Fairly stressful, 3 – A little stressful, 2 – Not stressful, 1 – My job is relaxing)
Job Meaning: Does your work make the world a better place? (5 – Very much so, 4 – Yes, 3 – A Little, 2 – No, 1 – My job makes the world a worse place)