Price Engineering and Science Jobs with Fresh Salary Surveys
The engineering and science industry requires a data-driven approach to setting and managing compensation. To get pay right, you need up-to-date salary data to determine pay increases and benchmark jobs unique to the engineering and science industry. Payscale can help.
Top Challenges for the Engineering and Science Industry
The pandemic and post-pandemic economy has created increased demand in the science and engineering industry. Compelling salary offers and total rewards packages are essential to attract talent in a competitive job market.
In a hot job market, you have to think about pay equity. The talent you are most anxious to keep is also the talent you are most likely to lose if your employees' pay doesn't keep pace with their peers.
The science and engineering industry is investing in more technology and seeing emerging demand for hard-to-price analytical jobs as a result, with the need for unique market data insights to compensate hot skills.
Following the pandemic, employees want to be able to work from home at least some of the time. Businesses are now having to consider location-based pay strategies that can accommodate remote work.
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Salary data available from Payscale right now
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Stay in the know with the Payscale Index
The Payscale Index tracks quarterly changes in total cash compensation for full-time, private industry employees and education professionals. In addition to a U.S. trends index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes.
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End of Year Report on the Hottest Jobs of 2021
Payscale analyzes which positions job seekers were most eager to research salaries for in the 2021 calendar year and ranked the top ten with additional data and insights on the fastest growing jobs by wages and guidance around compensation planning.
Compensation Best Practices Report
Payscale’s annual Compensation Best Practices Report (CBPR) is the largest survey dedicated to compensation, gathering information from thousands of respondents with data cuts by industry, performance, and organizational size.
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