$9
4
,
9
0
0
$1
0
6
,
47
5
$
83
,67
2
$
87,
147
$97,74
5
$
8
0
,
8
83
$1
3
5
,
27
7
$1
43
,
01
3
$1
17,633
$17
2
,
10
2
$17
0
,
0
4
2
$16
9,
4
89
$
87,
324
$7
1
,
01
9
$7
8
,
1
0
8
$1
07,
39
5
$1
16
,
78
2
$9
0
,
8
49
High school
graduate
Some
college
Associate’s
degree
Bachelor’s
degree
Master’s
degree
Doctorate
degree
Accommodation and food services
(hotels, food and drinking places)
Agriculture, forestry, fishing and hunting
Arts, entertainment and recreation
(performing arts, museums,
amusement industries)
Construction
Educational services
Finance and insurance
Government/public administration
Health care and social assistance
Information (publishing, entertainment)
Management and administrative services
Manufacturing
Mining, quarrying, and oil and gas
extraction
Professional, scientific and technical services
Retail trade
Transportation and warehousing
Utilities
Wholesale trade
Other services
$133,123
$86,551
$103,600
$113,855
$104,413
$130,156
$99,339
$122,671
$151,588
$128,598
$116,840
$124,113
$119,394
$124,714
$127,282
$113,453
$105,653
$104,191
$102,503
Average Salary
by Highest
Level of Education
Completed
Average Salary by Industry
NOTE: The above table covers only the overall industry sectors as defined by the North American
Industry Classification System (NAICS). For more information regarding the 36 industries reported,
see the article text or request a copy of the detailed report.
Like the previous year, many
respondents saw 2016 as a year to
focus on improving their wages.
Respondents were asked to rank 14
factors commonly considered when
evaluating employment opportunities.
For this question, a ranking of “ 1”
was highest and “ 14” lowest. The
biggest consideration was wages
paid (an average rank of 3.0 and
indicated as important by 88 percent
of respondents). Job satisfaction was
again the second-most important
factor, with an average rank of 4. 4
and mentioned by 83 percent of
respondents.
The next five factors were prospect
of improved work/life balance ( 5. 1, 82
percent), benefits package (medical/
dental/vision) ( 5. 5, 81 percent), pension/
retirement plan/401(k) or similar
plan ( 5. 9, 80 percent), organizational
culture/work environment ( 6. 5, 77
percent) and financial stability of the
organization ( 6. 6, 74 percent).
The least important factors were
organizational commitment to
sustainability/social responsibility ( 13. 2,
56 percent), educational opportunities
( 11. 4, 59 percent) and health and
wellness programs ( 12. 2, 59 percent).
BONUSES, STOCK OPTIONS AND
BENEFITS
As is the case for most professions,
respondents report that bonuses and
stock options can provide a notable
boost to base pay. Sixty-six percent of
respondents received a bonus this past
year (up from 64 percent in 2015). The
average bonus was $22,900, or 19.8
percent of average base salary (down
slightly from 20 percent in 2015). The
median bonus in 2016 was $10,000, the
same as the previous year.
On average, bonuses depended on
a combination of company results
( 35 percent), department results ( 18
percent), individual results ( 23 percent)
and other results ( 24 percent). The
average of the top 10 percentile of
bonuses paid was $113,488, down 32
percent from $165,910 the previous
year. The average of the highest
5 percentile of bonuses paid was
$155,027, down 23 percent compared
to $201,923 in 2015.
