Average annual pay up 2.7 percent in 2016

January 3, 2017

 

waitressMILL VALLEY — Annual base pay for the average American worker grew 2.7 percent in 2016, according to Glassdoor Economic Research.

The average base pay was $51,750 a year by December 2016.

Researchers found that pay growth slowed at the end of the year, but they don’t consider cause for concern.

“The Glassdoor Local Pay Reports show a slight dip in wage growth across the U.S. compared to last month. With a healthy 2.7 percent year-over-year growth, however, this slowing isn’t cause for alarm. With wages across the nation growing rapidly for in-demand positions like customer service manager, machine operator and recruiter, the economy shows no sign of a slowdown,” said Glassdoor Chief Economist Andrew Chamberlain.

Highest and lowest paying jobs

The Glassdoor Local Pay Reports also tracked the highest and lowest paying jobs. In December, these jobs had the nation’s highest annual median base pay:

  • Physician, $202,395
  • Product manager, $94,391
  • Attorney, $93,453

The lowest paying jobs:

  • Bank teller, $27,754
  • Cashier, $28,787
  • Restaurant cook, $29,797

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