Salary Trends

Ask For A Pay Raise … Or Get A Root Canal?

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New Study Reveals What People Would Rather Do Than Ask for a Raise and Provides Insight Into Worker Confidence About Salary and Jobs. If the thought of asking for a raise makes you want to scrub the floors, update your resume or spend quality time at the dentist’s office, you’re not alone. While 89 percent of U.S. workers surveyed by staffing firm Robert Half believe they deserve a raise, just over half (54 percent) plan to ask for one this year. Instead of making the case for a pay bump, many workers would rather clean the house (32 percent), look for a new job (13 percent), get a root canal (7 percent) or be audited by the Internal Revenue Service (IRS) (6 percent).

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STEM Graduates: Salary Expectations Fall Short of Actual Salaries

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When it comes to starting salaries, do the starting salary expectations of students earning degrees in the highly prized STEM fields align with reality? No—but not because students majoring in science, technology, engineering, and mathematics-related disciplines have overly lofty expectations, according to results of a new report published by the National Association of Colleges and Employers (NACE).

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Registered Nurse is Largest Occupation with an Above Average Wage $69,790

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The occupations with the largest employment in May 2014 were retail salespersons and cashiers, the U.S. Bureau of Labor Statistics reported today. These two occupations combined made up nearly 6 percent of total U.S. employment, with employment levels of 4.6 million and 3.4 million, respectively. Of the 10 largest occupations, only registered nurses, with an annual mean wage of $69,790, had an average wage above the U.S. all occupations mean of $47,230. The highest paying occupations overall included several physician and dentist occupations, chief executives, nurse anesthetists, and petroleum engineers. National employment and wage information for all occupations is shown in table 1.

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One-Quarter of CFOs Have Lost Good Employees to Companies Offering Higher Compensation

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The U.S. Bureau of Labor Statistics recently reported 2.7 million people quit their jobs in February, up by nearly a quarter million year over year, and separate research suggests below-market compensation could be one of the causes of continuing turnover. In a new survey from global staffing firm Robert Half, one in four (25 percent) chief financial officers (CFOs) interviewed said he or she has lost a good employee in the past year to a job that paid more. This comes on the heels of previous Robert Half research, which found salary was the top reason people quit their jobs.

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Average State Personal Income Growth Accelerated to 3.9 Percent

Average state personal income growth accelerated to 3.9 percent in 2014 from 2.0 percent in 2013, according to estimates released today by the U.S. Bureau of Economic Analysis. Growth of state personal income–the sum of net earnings by place of residence, property income, and personal current transfer receipts–ranged from 0.5 percent in Nebraska to 5.7 percent in Alaska and Oregon, with 45 states growing faster in 2014 than in 2013. Inflation, as measured by the national price index for personal consumption expenditures, was 1.3 percent in 2014 and 1.2 percent in 2013.

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Engineers Prioritize Pay over Culture as Talent War Cranks Up

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Experis, the global leader in professional resourcing within ManpowerGroup,  today revealed that increased pay is the top consideration for American engineers seeking a new job, while electrical engineers are in greatest demand by the country’s employers. The Survey, released ahead of National Engineers Week (22-28 February), found that 40% of engineers searching for a new position prioritize increased salary, bonuses and / or incentives.  In contrast, only 18% consider a better work environment or culture the most important factor. More interesting or challenging work, access to better professional training and career development or improved work / life balance are the biggest considerations for 17%.

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2015 Salary Negotiation Guide

Payscale Salary Negotiation Guide Tavorro Jobs

Report highlights Gender and Generational Differences in Career and Employment Related Negotiations; The Higher An Annual Salary, The More Likely Raises Are Granted PayScale, Inc., the world’s leading provider of on-demand compensation data and software, today announced the publication of its official Salary Negotiation Guide.  The  Salary Negotiation Guide includes negotiation advice from prominent career experts and analysis of proprietary data, collected from employees who successfully completed PayScale’s Employee Survey, about salary negotiation practices and attitudes.

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College Salary Report Focusing On Graduate Degrees

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For the first time ever, PayScale is releasing alumni outcome data for graduate school alumni with advanced degrees from: 55 law schools 166 business schools 336 non-MBA master’s schools 49 doctorate-granting research universities PayScale is also releasing alumni outcome data for graduate school alumni in 232 fields of study (majors/specialties), as defined by the Classification of Instructional Programs (CIP).

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