Salary Finder

Modified on Wed, 03 Apr 2024 at 09:59 AM

Review salary data at a high level, or you can apply filters to view salary data specific to your industry, geographic area, and company size. Create a Demographic Profile to quickly isolate the data that is most relevant to your workplace.


TABLE OF CONTENTS



How to Create a New Demographic Profile

We recommend creating a Demographic Profile before beginning your job search. This profile should include industry, sub-industry, company size, and geographic data.



Follow the steps to learn how to create a demographic profile.


1. Select the Add/Edit button to the right of the Demographic Profile title under Master OCC.


2. On the next pop-up, delete Default from the field next to Demographic Name. Input the title of this new demographic.


If you'd like this demographic profile to be your default profile, check the Default checkbox.


3. Specify the applicable Company Size, Industry, Sub-Industry, State, and Metro (Metro options will appear after you select your state).


Note: You do not need to select all of these categories.


4. Click Save as New to create a new Demographic Profile.


If you are updating an existing Demographic Profile, click Update.





Searching and Analyzing Salary Data

How to Search Using Job Search:

  1. Input a job title in the Job Search bar, and select the blue Search button.
  2. A list of titles will appear, along with the national salary mean. To drill down further on a job title, select the arrow next to the title.
  3. Select the title closest to your job title.
  4. Salary data will populate towards the bottom of the page.
    Nationwide data will show unless you have a demographic profile selected in the Demographic Profile dropdown.


How to Search Using Popular Titles:

  1. Select the Popular Titles tab.
  2. Under the Field table, select the industry field associated with your job title.
  3. Select your Sector.
  4. Select from the list of titles shown under the Title table.
  5. Salary data will populate towards the bottom of the page.
    Nationwide data will show unless you have a demographic profile selected in the Demographic Profile dropdown. 


My Jobs

  1. When you save salary data for a job using the Salary Finder, the reports are saved to your My Jobs tab. 
  2. Create and assign groups to help with the organization of your saved jobs. 
  3. As you click your job title, Salary data will populate towards the bottom of the page.
  4. Nationwide data will show unless you have a demographic profile selected in the Demographic Profile dropdown. 


Salary Data

Towards the bottom of your page, you will see the salary information provided for the job title you selected. 


This section will contain the following:

  1. Drilled-down data, such as nationwide, employer size, industry, and sub-industry data, depend on the demographic profile you created.
    Each segment will include the Incumbents; the Mean; and 10th, 25th, 50th, 75th, and 90th percentile data. Incumbents data is the number of people these salary data are being calculated from. 
  2. Select one or more of these segments to see the average salary data
  3. Save the job title to your My Jobs tab by selecting the green Save Jobs button. 
  4. View hourly or annual salary data by selecting the green View Hourly/New Annual salary data. 
  5. Export the salary data in an Excel spreadsheet by selecting the Export green button to the right of the View Hourly/New Annual button.




Salary Finder FAQ

How do I use survey data?

Among other things, wage and salary surveys can be used to:

  • Determine where your company's pay rates for certain jobs or groups of jobs stand in relation to the labor market.
  • Double-check the results of the company's evaluation program.
  • Determine how competitive your company's starting salaries are in relation to those elsewhere.
  • Determine the need for (and the amount of) an across-the-board increase.
  • Prepare for wage negotiations with union representatives. 

When comparing Salary Finder data with employee salaries, consider these factors:

  • In making judgments about your pay plans, look for data involving large numbers of employers.
  • The more employers that contribute data to a given job, the more reliable these data become.
  • Review the responsibilities for any position you find here before comparing it with one of your positions. In other words, don’t make comparisons by title alone.


Does Salary Finder include data from the Bureau of Labor Statistics (BLS)?

Yes. The BLS is a major surveyor of salary data, and we would be remiss if we did not include those data in BLR's salary data tools. The BLS conducts the largest nationwide salary survey, with more jobs, industries, and local areas than any other major salary data source. Additionally, the BLS surveys report data for larger groups of incumbents in each job than any other single survey. Ignoring this large piece of the compensation survey puzzle would mean giving you only part of the information you need to administer your compensation program.


How often is the salary survey data updated on the Salary Finder?

To provide you with the most current information available, we update the survey data in the SalaryCenter twice a year—in March and August.

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