Talent War Intensifies as Top Ten Jobs See Double-Digit Salary Growth
New Salary.com Findings Show Good News for Employees, Headache for Companies
Waltham, MA, March 25, 2024 (GLOBE NEWSWIRE) -- Salary.com® is the market leader in cloud-based total compensation management software and data solutions. Today the company announced the top 10 hottest jobs on the market. These jobs saw double-digit increases in salary. Despite concerns about the impact of AI on compensation, many jobs are still seeing substantial growth.
“AI may be getting the attention, but the war for talent is hotter than ever,” said Rebecca Gorman, Principal, Compensation Consulting at Salary.com. “Talent scarcity drives higher salaries, and each of these jobs is a linchpin of productivity. Any increase in their time to fill directly impacts the bottom line, so employers are willing to pay what they have to in order to minimize that.”
The 10 Hottest Jobs in the new Salary.com 2024 Hot Jobs Survey are:
Biomedical Engineer: 27.6% increase to $101,900
Senior CAD Drafter: 20.2% increase to $132,600
Senior Lab Assistant: 19.7% increase to $90,500
Project Engineer, Construction: 19.2% increase to $88,100
Field Service Manager: 17.4% increase to $126,500
Senior Retail Stock Clerk: 16.8% increase to $38,600
Material Coordinator: 16.6% increase to $64,000
Statistician: 16.1% increase to $154,600
Senior Telecom Analyst: 15.2% increase to $127,400
Test Engineering Manager: 15.0% increase to $140,000
The war for talent continues across industries. When certain jobs are in high demand, salaries increase. This gives employees in these roles power to negotiate higher pay. To fill these positions, employers must adjust their pay scales accordingly. The ability to act fast and be nimble is vital. Knowing the competitive landscape is no longer a strategic advantage. It’s a necessity.
For over 20 years, Salary.com has been helping organizations build winning workforces. With a suite of unmatched products and services, Salary.com gives organizations the ability to better hire and retain talent.
To get a copy of the forthcoming report, please contact Annmarie Seldon on Annmarie.Seldon@salary.com.
ABOUT SALARY.COM
Salary.com® has been solving the complex human capital needs of global organizations for more than 20 years. Today, over 30,000 organizations in 22 countries use Salary.com’s solutions to confidently hire and retain talent so they can better compete in a constantly changing landscape. Offering the most precise data set on the market, Salary.com provides more than 10 billion data points across more than 225 industries using our powerful, proprietary AI framework and backwards propagating neural network machine learning to get pay right. The company’s flagship product CompAnalyst® is the cornerstone of the compensation management software platform. It empowers organizations with a suite of tools that simplifies hiring, eliminates compensation guesswork, and increases retention. Building trust with employees depends on fair pay and Salary.com’s solutions get it right. For more information, please visit www.salary.com.
Media Contact:
Annmarie Seldon
PR Manager
Annmarie.Seldon@salary.com
617-448-7416
CONTACT: David Williams Salary.com david.williams@salary.com
