The U.S. annual median base pay rose 1.1 percent year over year in December, to $51,210, a slight uptick from the revised 1 percent growth in November, according to the Glassdoor Local Pay Reports. Pay growth peaked in January 2017 at a revised 3.5 percent.
Glassdoor’s figures are based on salary estimates for nearly 85 jobs across 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 the changing composition of the U.S. workforce, says Glassdoor’s chief s economist Andrew Chamberlain.
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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.
