The U.S. annual median base pay rose 1.1 percent year over yearin December, to $51,210, a slight uptick from the revised 1 percentgrowth in November, according to the GlassdoorLocal Pay Reports. Pay growth peaked in January 2017 at arevised 3.5 percent.

Glassdoor’s figures are based on salary estimates for nearly 85 jobsacross 10 major metropolitan areas: Atlanta, Boston, Chicago,Houston, Los Angeles, New York City, Philadelphia, San Francisco,Seattle and Washington, D.C.

The recent stagnation in wage growth is likely due to thechanging composition of the U.S. workforce,says Glassdoor’s chief s economist Andrew Chamberlain.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

Employer-Paid
Cost-Containment
C-Suite