10 Jobs With the Fastest Wage Growth Today

Photo by dotshock / Shutterstock.com

Wages are growing, but some career fields are doing much better than others, according to the latest edition of the Glassdoor Local Pay Reports.

Overall, the pace of wage growth remains anemic, even though the economy has bounced back enough since the Great Recession that the Federal Reserve has raised its benchmark federal funds rate twice so far this year.

The latest Glassdoor statistics show that the median annual base pay for full-time workers reached $51,491 in September. That reflects a wage growth increase of 1.8 percent since September 2016.

September’s year-over-year increase is a smidgen better than that of August, 1.6 percent. But it’s still far from the peak wage growth of 3.5 percent seen in January.

Glassdoor’s chief economist, Andrew Chamberlain, notes in a blog post:

“At today’s sluggish rate of wage growth, it will take America roughly 40 years to double the nation’s median base pay.”

Glassdoor Local Pay Reports are based on an analysis of millions of salaries collected by the jobs data website.

The 10 jobs that saw the steepest rates of wage growth in September — and their median base pay — are:

  • Barista: $24,305 — up 5.6 percent from one year ago
  • Truck driver: $52,280 — up 5 percent
  • Recruiter: $50,491 — up 4.8 percent
  • Bank teller: $28,633 — up 4.3 percent
  • Restaurant cook: $28,456 — up 4.3 percent
  • Solutions architect: $102,184 — up 3.7 percent
  • Business development manager: $69,503 — up 3.6 percent
  • Store manager: $48,701 — up 3.5 percent
  • Pharmacy technician: $30,688 — up 3.4 percent
  • Web designer: $51,767 — up 3.4 percent

Despite seeing the fastest wage growth, however, baristas earned the lowest base pay of any job in the September report. Bank tellers and restaurant cooks were also among the 10 lowest-paying positions last month.

“Jobs with the highest pay growth aren’t always the ones with the highest earning potential,” Chamberlain writes in a blog post.

The 10 jobs with the highest earnings — and their median base pay and pay growth — are:

  1. Pharmacist: $127,506 — up 0.4 percent percent over the past year
  2. Solutions architect: $102,184 — up 3.7 percent
  3. Data scientist: $95,624 — up 0.6 percent
  4. Tax manager: $94,180 — 1.7 percent
  5. Attorney: $93,920 — down 1.9 percent
  6. Product manager: $91,035 — 1.2 percent
  7. Professor: $87,244 — 2.6 percent
  8. Software engineer: $85,806 — 2.7 percent
  9. Systems engineer: $78,514 — 1.8 percent
  10. UX designer: $77,994 — 1.2 percent

This list reflects a continuing trend. Chamberlain explains:

“Once again, three fields dominated the highest paying jobs in September: Healthcare, tech, and professional services. Pharmacist, solutions architect, and data scientist again topped our list as the jobs with highest U.S. median base pay in the September Local Pay Reports.”

How do you feel about the recent pace of wage growth? Sound off below or over on our Facebook page.

How to find cheaper car insurance in minutes

Getting a better deal on car insurance doesn't have to be hard. You can have The Zebra, an insurance comparison site compare quotes in just a few minutes and find you the best rates. Consumers save an average of $368 per year, according to the site, so if you're ready to secure your new rate, get started now.

Read Next
5 Reasons You Should Claim Social Security ASAP
5 Reasons You Should Claim Social Security ASAP

Experts often recommend postponing claiming your Social Security retirement benefits. But there are situations in which you should start taking the money sooner.

10 Tools You Need for Financial Stability
10 Tools You Need for Financial Stability

Have these tools and accounts in place so you can weather whatever comes your way.

22 Purchases You Should Never Skimp On
22 Purchases You Should Never Skimp On

With some items, it makes sense to pay a little more rather than hopping on the lowest price.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started


Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.

Trending Stories