logos

Overall Salaries Up 2.9% Over Past 4 Years

April 17th, 2017 Comments off
Talent Factor April 17

While wages and salaries across all industries nationally increased by 2.9 percent between 2011 and 2016, that growth was far from uniform.

According to CareerBuilder’s 2017 Salary Guide, many sectors greatly outpaced the national growth rate. Wages and salaries in the information sector grew by 13.3 percent — more than any other sector — followed by real estate rental and leasing (8.1 percent) and crop and animal production (7 percent).

 

What Does This Mean for You?

The single, most persuasive incentive to job seekers is pay. So if you want to attract the best talent, your best bet is to offer a competitive salary. In order to do this, it’s important not only to benchmark against your competitors, but also against industries seeking workers with similar skills. Salary trends can reveal untapped talent pools – or even looming threats.

To learn more about today’s most dominant salary trends, download CareerBuilder’s 2017 Salary Guide.

How to Stay Ahead of Salary Trends in Your Industry

May 24th, 2016 Comments off
Stay Ahead of Salary Trends in Your Industry

 You can’t step into a fancy steakhouse and expect to spend less than $10. You pay top dollar, expecting to get your money’s worth in quality. Similarly, you can’t attract a lot of people if you’re not willing to pay market price. Paying competitively not only helps you attract high quality candidates, but it can also help to reduce turnover among your existing workforce.

So do yourself a favor and get industry-specific data to help you stay a step ahead of salary trends in your industry with CareerBuilder’s 2016 Salary Trends Guide.

In this guide, you will find:

  • Salary trends for some foundational industries between 2010 and 2015.
  • The fastest- and slowest-growing sectors between 2010 and 2015.
  • The five top and bottom salary growth industries between 2010 and 2015.

 

Download CareerBuilder’s 2016 Salary Trends Guide here:

Check Out These Salary Trends That May Surprise You

May 11th, 2016 Comments off
Check Out These Salary Trends That May Surprise You

Like man buns and raindrop cakes, there are some trends that have taken the nation by storm yet no one could have predicted them. Similarly, there are surprising salary trends that have taken place between 2010 and 2015 that talent acquisition pros like yourself probably couldn’t have predicted.

So settle in and take a look at some of these surprising salary trends that have taken place between 2010 and 2015 that you probably didn’t know about. And while you’re at it, get your hands on noteworthy salary trends as well as industry — and location — specific data so you can stay a step ahead of the competition.

Download CareerBuilder’s 2016 Salary Trends Guide right here.

Your Guide to Understanding 2016 Salary Trends

April 26th, 2016 Comments off
Your Guide to Understanding 2016 Salary Trends

It’s 2016 — whether you’re buying a new car or booking a flight, you can compare prices with a simple click. You should be able to make the same easy comparisons and glean the necessary data when it comes to salary decisions in recruiting and retaining top talent.

Why is it important?

More than 3 in 4 full-time employed workers (76 percent) are either actively looking or open to new job opportunities, according to CareerBuilder’s 2016 Candidate Behavior Study. Half of them are doing so because they want a higher base salary. And of those who aren’t looking, the majority (59 percent) say that a higher base salary would make them look.

Salary matters!

Check out some of the biggest salary trends that have taken place between 2010 and 2015 — including ones that may surprise you.