New York City Wages Increased In March, According To Study

Wages in New York City were higher than the national average according to Glassdoor! People in the city have increased their earnings in the month of March, were you one of them?

Jobs in NYC are experiencing a steady growth according to a new report by Glassdoor. The job site published its most recent Local Pay Reports, which looks into the wage growth of metropolitan areas in the country for every month. This month was an especially positive one for New York. According to the data, New York City workers saw a pay increase of 1.8 percent year-over-year, above the national average of 1 percent. The median base pay in the city has now increased to $61,759. 

This same study also shows us that NYC had over 351,000 job openings in the month of March. This is a year-over-year increase of 37.2 percent. Workers in e-commerce, finance and technology are in high demand right now and are continuing to drive up wages for the numerous job roles in those fields. 

What jobs have the highest wage growth? Well that will be your web designers, bank tellers, delivery drivers and network engineers. However financial advisors saw the highest wage growth with 10.1 percent year-over-year bringing that job's median base pay to $63,018! 

This study also revealed the jobs with the lowest pay growth including professors, communications managers, bartenders, quality engineers and technicians.

“There’s sometimes a belief that only high-skill, highly paid roles see wage growth. But Glassdoor data shows there are job opportunities for many types of workers — from bank teller to delivery driver and network engineer — that are seeing spikes in pay,” Andrew Chamberlain, Glassdoor’s chief economist, said in a statement.

Photo: Getty

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