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Job-jumpers making biggest wage gains

Wages grew nationally in Q3 2014, with the fastest growth in real hourly wage among millennials.

By Dan Cook | Updated on October 09, 2014
(Image courtesy of imagerymajestic/FreeDigitalPhotos.net)

An analysis of a large amount of workforce data authored by ADP Research Institute finds that wages are going up and directly contributing to a more vital U.S. economy. Those who job-hop are making the greatest gains in wages, far outstripping those who remain in the same job. And small-business employees are experiencing higher wage hikes than those who work for large corporations.

Those are among the takeaways from ADP’s Vitality Index, which crunches data drawn from four major workforce components:

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Dan Cook

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

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