Utah’s Employers Council recently published a job compensation survey, designed to help Utah organizations keep current and competitive with employee salaries. The 2017 Utah Benchmark Compensation Survey provides a snapshot of state and regional salary policies, including base salaries, average percent pay increases and hiring rates.
The Utah Benchmark Compensation Survey provides salary benchmarks for everyone from welders to writers, and from clerks to CEOs. The Benchmark Survey data showed that the average salary increase for all Utah regions and organizations surveyed, did not jump significantly, going from three percent in 2016 to 3.2 percent in 2017. The average hiring wage for full-time, inexperienced entry-level personnel was $13.81.
“Today’s job market is competitive, and organizations must not only craft attractive salary packages, they must also create positive employment conditions to attract the best talent,” added Nelson. “Our survey data, employer training and employment law services, are all important arrows that employers need in their quivers, to become employers of choice.”
More than 153 Utah organizations participated in the 2017 Benchmark Compensation Survey, with 26,524 Utah employees reporting.
Employers Council is an employer association that serves as a resource for business owners and operators in the region, providing expertise in employment law, HR, training and survey data. Membership provides access to the Employers Council team of attorneys and certified HR consultants. Due to the quality and breadth of the data, the full versions of the surveys are available exclusively to members of MSEC or for purchase. For more information on becoming a member or purchasing the HR Metrics Survey, visit www.msec.org or call 801-364-8479.