Utah’s Employers Council Releases 2017 Utah Benchmark Compensation Survey
Utah 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, which is available for purchase or through council membership, provides a snapshot of state and regional salary policies, including base salaries, average percent pay increases and hiring rates for a range of Utah jobs.
Recent 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. More than 153 Utah organizations participated in the 2017 Benchmark Compensation Survey, with 26,524 Utah employees reporting.
“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,” said Utah Employers Council President Ryan 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.”
Employer’s Council membership provides access to their team of attorneys and certified HR consultants. For more information on becoming a member or purchasing the HR Metrics Survey, visit www.msec.org or call 801-364-8479.