peopleanalyst

← HR Metrics·Compensation & Benefits

Market Median Hourly Wage

BLS OEWS median hourly wage by SOC × geography, via multi-tier resolution (observed national > observed subnational > geo-index projected > national projected).

How it’s computed

median(OEWS hourly wage | SOC, geography)

What the evidence shows

Evidence (effect sizes, priors, validity) is syncing from Principia.

Run it on your data

This metric is computed in the People Analytics Toolbox on your own numbers. See pricing — posted, no quotes.

sources: toolbox:metrics-catalog

What the literature says

The measurement literature behind this signal — sourced, so you can defend it.

  • This can be seen by comparing average wages across the rows of the table, and the ratio of women-to-men wages is shown in the third column. Thus, years on the job is an important determinant of earn- ings, but seniority does not adequately explain the pattern of women earning…

    The Practice of Social Researchmatch 52%

  • Here, the values of percentiles, usually the “standard” percentiles of P10, P25, P50, P75, and P90 are plotted versus the category for which they were calculated. To illustrate this, we go to BPD’s mining division, and suppose you calculated the standard percentiles of the pay…

    Statistics for Compensationmatch 51%

  • (Source: Data from Bureau of Labor Statistics, Highlights of Women’s Earnings in 2010 , Report 1031, July 2011)Industry DifferencesIndustry also plays a role in the gender pay gap. Figures 9-5A through 9-5D shows three pieces of information for each of the thirteen broad…

    Compensating Employees Fairlymatch 51%

Resources: The Practice of Social Research · Statistics for Compensation · Compensating Employees Fairly