Top 10 jobs with the fastest wage growth

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Top 10 jobs with the fastest wage growth
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If you’re looking for a career with the potential for fast earnings growth, becoming a recruiter is the #1 way to go!

According to the experts at Glassdoor, the annual median base pay in the United States grew 2.1% during the 12-month period that ended in May. The figure now stands at $51,159.

However, in nine of the 10 metro areas tracked for the report, the pace of growth in May slowed compared to April.

Read more: New job alert: U-Haul is hiring for work-at-home positions

Pay increasing faster for recruiting, retail & health jobs

“The U.S. continues to experience a slight softening in wage growth during the first half of the year. However, 2.1 % is still decent growth and is higher than what we saw in 2015 and 2016. It remains above the rate of inflation, which indicates that on the whole, workers are getting ahead,” said Dr. Andrew Chamberlain, chief economist of Glassdoor. “The job market continues to be fast-growing, and we are seeing big wage gains for many jobs, especially in the retail and health care industries.”

Perhaps most surprising is the rapid wage growth in the retail industry. Despite the fact that major retailers are closing thousands of stores in 2017, store managers and cashiers are experiencing above average pay gains.

The news is also promising for warehouse associates, a critical job for expanding online retail operations.

Overall, recruiters saw the biggest year-over-year wage growth. Due to the tight labor market, Glassdoor’s experts believe there will be even higher demand for skilled recruiters going forward.

Glassdoor’s top 10 jobs with the biggest pay gains:

10. Registered Nurse

  • Wage growth year over year: 4.5%
  • Median base pay: $66,305

9. Sales Representative

  • Wage growth year over year: 4.6%
  • Median base pay: $47,629

8.  Cashier

  • Wage growth year over year: 4.6%
  • Median base pay: $27,492

7.  Maintenance Worker

  • Wage growth year over year: 5.7%
  • Median base pay: $43,175

6. Store Manager

  • Wage growth year over year: 4.9%
  • Median base pay: $48,848

5.  Bank Teller

  • Wage growth year over year: 6.1%
  • Median base pay: $28,744

4.  Warehouse Associate

  • Wage growth year over year: 6.7%
  • Median base pay: $40,882

3. Restaurant Cook

  • Wage growth year over year: 7.0%
  • Median base pay: $29,097

2. Customer Service Manager

  • Wage growth year over year: 7.1%
  • Median base pay: $54,552

1.  Recruiter

  • Wage growth year over year: 7.4%
  • Median base pay: $51,216

On the other hand, Glassdoor reports the weakest U.S. pay growth was for design engineers, a common manufacturing job. They experienced a pay decrease of 2.7% year over year, to $69,337.

Glassdoor says it’s possibly because the country is producing more services than products and the rise of automation.

Read more: 5 reasons hiring managers haven’t called you back

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Mike Timmermann About the author:
Michael Timmermann paid off his mortgage in two years. Now, he shares his money-saving tips on his blog, Save on Almost Everything.
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