Help Wanted sign Employers with less than 50 workers are starting to get “squeezed out of the job market” by larger employers that can offer higher wages, better benefits and more opportunity for career development. (Photo: Shutterstock)

The pace of wage growth accelerated in the first quarter for both new hires, or “job switchers” and existing employees, or “job holders,” according to the ADP Research Institute’s Workforce Vitality Report.

Overall, the average wage for U.S. workers rose 3.8 percent in March from a year ago, to $28.40 an hour, according to the report. In order to attract job switchers, employers raised wages by 5.6 percent on average, to $29.66 an hour – but the boat was also lifted for job holders, who saw average wage growth of 4.8 percent, to $30.82 an hour.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?

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.

More from this author



Join BenefitsPRO

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

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

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.