Search
 

Millennials' hourly wages increasing at double the national average

According to a Paychex report, millennials make an average of $21.80 per hour, and their annual hourly earnings are growing at a rate nearly double the national rate.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The average hourly wage for a female millennial is $20.44, but $23.03 for men. (Photo: Shutterstock)

Millennials must be doing something right. According to a recent report from Paychex, The Rise of the Millennial Employee, millennial hourly wages have been steadily increasing since 2011. Though their $21.80 per hour has them lagging behind the national average of $27.58, their annual hourly earnings are growing at a rate nearly double the national rate (5.8 percent compared to 3 percent).

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.