Researching wages is an important part
of examining the labor relations of a particular firm.
Say that you need to resources that have wage rate information
searchable by these three criteria: (1) NAICS code,
(2) Local, regional, and national area,
and (3) Skill level (entry level and highest paid level). Here are suggestions on how to
- The Bureau of Labor Statistics provides
some of the information you need. Entitled: Wages by Area and Occupation:
- The National Compensation Survey (NCS) is another survey. The NCS is a
little more current than the Bureau of Labor Statistics. It has fewer occupations, but does include
skill levels for some of the occupations. The NCS
is based on "personal interviews and visits,"
supposedly making the survey data a little more accurate.
It provides comprehensive measures of occupational
earnings; compensation cost trends, benefit incidence,
and detailed plan provisions. Detailed occupational
earnings are available for metropolitan and non-metropolitan
areas, broad geographic regions, and on a national
basis. The index component of the NCS (ECI) measures
changes in labor costs. Average hourly employer cost
for employee compensation is presented in the ECEC.
- On this page: http://lehd.did.census.gov/led/index.html,
click on the link for QWI Online. The QWI is the Quarterly
Workforce Indicators database. It only has state and
metro level data, and only for participating states.
Alabama is a participating state. You can search by
metro area and also get state level data. You can
also search by 2-digit NAICS code for industries.
The wage data, unfortunately, is only average monthly
earnings and average new hire earnings.
- Also try O'Net; (Occupational Information Network). This site has most SIC codes.
- Salary.com will cover geographic area,
and skill level.
can offer some great insights on your company's salaries for different
positions. Vault collects surveys completed by employees covering such
topics as the company's culture, to salaries, to it's strengths and
weaknesses. See example for Apple Computer. (Appointment
required for access.)