Utah’s Employers Council Publishes 2019 Benchmark and IT Compensation Surveys
Salt Lake City— Employers Council recently published two job compensation surveys, including the 2019 Utah Benchmark Compensation Survey and the Information Technology Compensation Survey.
The comprehensive Utah Benchmark Compensation Survey provides salary benchmarks for positions of all kind, ranging from clerks to CEOs. The survey highlights that the average salary increase for Utah rose 3.3 percent, up from the 3.1 percent increase documented in 2018. The average hiring wage for full-time, inexperienced entry-level personal is $14.88, up from $14.28 in 2018.
The Information Technology Compensation Survey takes a deeper look into the technology industry in Utah, Colorado, Wyoming, and Arizona, providing useful insights for tech company owners. The survey’s data reveals an industry average salary increase of 3.3 percent, compared to Arizona at 2.5 percent and Colorado’s 3.1 percent.
“Employers Council’s Compensation Surveys are highly sought-after resources for employers and HR directors needing data to support key policies and decisions,” said Ryan Nelson, president of Employers Council’s Utah office. “Our priority at Employers Council is to benefit and support employers, which enables employers to create a workplace that attracts and retains quality talent and expertise.”
With the intent to help Utah organizations stay current and competitive with employee salaries, these surveys provide a thorough examination of state and regional salary policies, including base salaries, average percent pay increases and hiring rates.
More than 400 positions were surveyed in the 2019 Benchmark Compensation Survey, with 39,000 employees participating. Likewise, nearly 100 jobs were surveyed, and 7,200 employees participated in the Information Technology Compensation Survey.
For more information on Employers Council or to purchase the full surveys, visit employerscouncil.org or call 801-364-8479.