
October salary growth (0.48%) is down from the July 1 data release (0.57%), which is lower than the predicted quarterly rate of 0.69%. Growth over the past year has been 2.27%, with an average quarterly growth of 0.57%. To
put this into context, the average quarterly growth over the past 20 years has been 0.71%.
An examination of where the salary movement has departed from the expected trend gives us information regarding how salaries might move in the future. Specifically, 2014 through 2020 saw actual salaries grow at a rate that was within the range of expected growth, with higher growth starting in 2021 and peaking in 2022. Compensation growth has slowed since that peak.


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.