Buzz
In recent years, the typical salary increase in the U.S. has remained around 3%. However, certain sectors are outperforming others. A recent Randstad report revealed which industries and jobs offer the best pay raises.
The company analyzed its own data, alongside information from the Economic Research Institute, to understand trends across various roles and industries.
Electromechanical technicians saw the largest percentage increase, with a raise of 9.3%. Electronics and computer engineers also enjoyed substantial raises, reaching 8.3% above the national average. Here's a breakdown of the highest year-over-year pay growth:
Engineering
: electronics/computer engineer (8.31%); mechanical engineer (7.38%); quality engineer (7.36%)
Information Technology:
network engineer (7.21%); software engineer (5.48%); project manager (3.87%)
Manufacturing and Logistics:
electromechanical technician (9.29%); assistant plant manager (8.05%); maintenance manager (6.65%)
Office and Administration:
office manager (6.68%); call center representative – general inquiries (4.55%); accounts receivable supervisor (4.50%)
As MarketWatch notes, the highest pay raises don’t necessarily correspond with the best opportunities for long-term growth. Reporter Catey Hill explains:
For instance, the Bureau of Labor Statistics forecasts a 1% job growth for electromechanical technicians between 2014 and 2024. Additionally, working in these fields doesn’t guarantee a raise—you may even see a larger salary increase by changing industries or roles.
For additional details and to explore their methodology, visit the links provided below.
Image courtesy of Evan Bench
