Key findings related to wage growth include:

Wages grew nationally in Q3 2014, but the fastest growth in real hourly wage has been among the millennials. Generation X and the baby boomers caught up in Q3 2014.
Employees at small businesses (<50 employees) have higher wage growth than larger companies.
Wage disparity between men and women is highest when looking at job switchers (men with 5.7 percent wage growth versus women at 4.6 percent), but the data doesn't indicate that the gender gap will disappear any time soon.
Job switchers are experiencing much faster wage growth (5.3 percent) than job holders (0.8 percent).
Low wage workers (<$20K) have the highest turnover rate (8.6 percent) of any wage tier; and low-wage job switchers are experiencing the highest rate of wage growth at nearly 10 percent.
The index grew faster in the South and West compared to the Northeast and Midwest regions; real hourly wage growth and employment growth has driven the growth in the South and West.
Professional Services, which include technology companies, drove employment growth in the South.
Real hourly wages grew most quickly in trade industries, which include retail trade.

"The gap between South/West and Midwest/Northeast began to appear in the second half of 2012 and has been growing ever since," ADP reported. "This widening gap can be attributed to faster employment growth, a slower decline in the growth rate of hours-worked and faster growth of real hourly wages in the South and West."

Instant Insights /

Job-jumpers making biggest wage gains

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