Job Market Trends and News

Study Reveals That Wages for Entry-Level Retail Jobs Are Rising

A recent study by jobs review website reveals that a handful of entry-level jobs in retail are seeing solid gains in hourly wages.

The latest Local Pay Reports, released July 30, found that despite weak retail hiring in recent months, pay in July was up by 5.4 percent for retail cashiers, to $28,145 per year, compared to the previous month.

“This,” surmised the report’s authors, “may reflect shifting skills in today’s retail world, as companies’ needs shift toward workers with more specialized skills in areas like customer service and technology.”

Pay for that job’s counterpart on the e-commerce side, warehouse associate, also jumped up, to 4.8 percent (to  $43,287 yearly).

The overall pay landscape, as gauged by Glassdoor through a proprietary machine-learning statistical model that analyzes millions of individual salary reports submitted anonymously, looked similarly rosy.

Base pay grew at the fastest pace in more than a year last month, rising 2.2 percent from a year ago, to $52,267 per year. “That’s up from the 1.7 percent revised pace recorded last month,” according to the study, which characterized the healthy numbers as “more evidence that today’s hot labor market is finally translating into base pay gains for U.S. workers.”

The report listed the jobs with the fastest pay growth as: bank teller, truck driver, bartender, property manager, cashier, retail key holder, financial adviser, warehouse associate, tax manager, and design engineer.

Jobs with the slowest pay growth were found to be: network engineer, physical therapist, web designer, insurance agent, loan officer, project manager, producer, professor, operations manager, and communications manager.

Major metropolitan areas saw the biggest bump in wages across the board. The fastest year-over-pay growth in July was in Philadelphia (for the second month in a row), due in part to a “pick up in hiring for senior-level roles at health care and pharmaceutical companies in the area,” reads the report.

Other cities with healthy pay gains in July included San Francisco (up 2.7 percent to $69,404 per year), New York City (up 2.6 percent to $61,836 per year), and Los Angeles (up 2.6 percent to $60,781 per year).

Slowest annual pay gains in metro areas in July were found to be in Washington, D.C. (up 1.7 percent to $59,654 per year), Atlanta (up 1.9 percent to $53,871 per year), and Boston (up 2.0 percent to $59,698 per year).