Each quarter, ERI SalaryExpert examines the rate at which compensation has increased and provides guidance on expected increases for the upcoming year. These rates are calculated using ERI SalaryExpert’s Salary Assessor and ERI SalaryExpert’s Salary Increase Survey & Forecast.
The Construction Compensation Trends report is designed to capture salary changes across jobs in the construction industry found in the United States economy. This index shows how national compensation has changed over the 20 years prior to the time of publication.
April salaries for the construction industry in the U.S. have increased by 0.43% over the January 1 data release. This rate of growth is lower than the predicted quarterly rate of 0.74%. Growth over the past year has been 2.41%, with an average quarterly growth of 0.60%. To put this into context, the average quarterly growth over the past 20 years has been 0.66%.
Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations.
SalaryExpert conducts advanced analytics to accurately capture the market value of each occupation in our salary survey database
Explore SalaryExpert’s wage, salary, and compensation databases of over 11,000 job titles, 1,100 industries, and 8,500 locations.
After compiling the data, we conduct QA to ensure data are of the highest quality.
SalaryExpert analysts double-check the results for each job every quarter.
Data are gathered from 3 sources: surveys we conduct, surveys purchased from other organizations, and reports from publicly traded organizations.
After compiling the data, we conduct QA to ensure data is vetted, verefied, and of the highest quality.
SalaryExpert conducts advanced analytics to accurately capture the full scope of each occupation in our salary survey database.
SalaryExpert analysts double-check the results for each job every quarter. Our verified salary survey information helps set the benchmark pay.
Explore SalaryExpert’s wage, salary, and compensation databases of over 11,000 job titles, 1,100 industries, and 8,500 locations.