2021 salary guide. - rlc.randstadusa.com

1 salary the ideal compensation for your the right rate starts hereThere s a lot of uncertainty in today s economy, but one thing s always certain: without competitive compensation, your employees will gladly look elsewhere. For employers, that means the possibility of having to navigate the challenges of today s marketplace without key team members to rely on. That s a risk that can be mitigated by offering compensation that aligns with or even exceeds the overall market. And that s precisely why we put our annual salary guide together year after year. Here you ll find accurate, dependable benchmarks you can use to measure your own offerings against those of the broader market.

2 Randstad s annual salary guide is a trusted source of compensation data for hiring leaders in a variety of industries, and we invite you to review this guide and connect with us to learn how we can help you build a strong team or make your next great to thesalary | 2021 salary guidestart with national averages ..This guide provides nationwide compensation information and key rates for the most in-demand positions throughout the industries Randstad serves. The data provided is a combination of Randstad s proprietary intel, paired with data and insights from Emsi, Burning Glass and the Bureau of Labor Statistics (BLS).

3 Additional insights into job posting volumes and overall demand also come from Burning reflected for each industry in this guide is organized by job title and level.* For executive positions (director and above), salaries are listed by company size as determined by revenue. For all other positions, compensation is determined by average years of experience across three different professional levels. Because every organization structures its departments and job titles differently, the categories, roles and functions presented here may not be an exact match to those within your roles in this guide are just a sample of the many Randstad supports.

4 For an in-depth look at key positions in your local market, contact a Randstad representative in your area today.*The compensation data presented in this guide is based on average wages at the time of publication and may not reflect recent changes in wage laws. Consult your municipal and state wage laws to ensure your compensation offerings are then go deeper with local dataOnce you ve gotten a handle on the nationwide averages listed in this guide , why not take it a step further and get pay data for roles in your own backyard? Our interactive salary calculator gives you pay data for every position we place in each market we serve.

5 Whether you re in a major metro area, a small town or somewhere in between, you ll find accurate pay info for roles near our salary calculator today our data2021 hiring trendsaccounting and finance engineeringhealthcare human resources life sciences manufacturing and logistics office and administration technologies | 2021 salary guideback to tophiring past year was one like no other. Businesses in every industry were disrupted in ways no one expected or was prepared for. But even in the face of a global pandemic, the workforce proved resilient beyond measure. Businesses that could go remote did so, often literally overnight.

6 Those that couldn t adopted new health and safety practices to protect their employees. And even though we re not rid of COVID-19, businesses are still hiring and the economy is gross domestic product soared by percent between July and September, and even though fourth-quarter growth slowed somewhat, 2021 holds the promise of a slow but steady economic recovery. Many industries survived the pandemic unscathed and competition for key hires never slowed from its pre-COVID-19 pace and there s no reason to expect that to change in | 2021 salary guideback to topHere are the must-know hiring trends to watch for in 2021.

7 Remote work is here to stayAt the height of the pandemic s initial surge, Gallup found that 51 percent of employees said they had been completely remote since the start of the pandemic. But while some people gradually returned to worksites as new health and safety protocols emerged, a large number of employees remained fully remote. By October, 33 percent reported that they always work remotely. For the 67 percent who aren t always remote, they re likely working in blended models with time split between the office and home. This model is expected to become the norm, even after the pandemic passes.

8 That s because both employers and employees discovered key benefits to remote work, and it s emerging as a must-offer benefit for employers that wish to remain competitive. In fact, two thirds of those who worked remotely during the pandemic want to continue doing so. By offering candidates that option, employers not only have a crucial lever for attracting top talent, they also gain the ability to increase diversity and inclusion. With the ability to attract great talent from anywhere, employers can source from a talent pool vastly larger than their local and inclusion are now table stakesThe oldest members of Gen Z will turn 24 this year, and members of the most diverse and most educated generation in history are flooding the workforce.

9 When its 66 million members look for work, they look for diverse and inclusive workplaces. In fact, a recent survey found that 83 percent of them say a company s commitment to diversity and inclusion is important when selecting an employer. For those looking to hire in 2021 and beyond, that s a hard stat to hire top talent from this generation, employers will have to put their efforts to be diverse and inclusive on center stage and those efforts will have to go beyond mere lip service. With so much at stake and with many employers now having the opportunity to hire talent from literally anywhere poor progress on the D&I front will make hiring harder than ever | 2021 salary guideback to topcomp is still kingBenefits that help maintain work/life balance and physical and mental health may have emerged as critical drivers of talent outcomes, but they still take a back seat to salaries that align with (or, ideally, exceed) the overall market.

10 In fact, according to a recent Randstad survey, 63 percent of all employees said they would accept a role elsewhere that offered a raise they wouldn t receive at their current employer. At a time when the ability to adapt to market changes and innovate overnight can make or break entire organizations, allowing top performers to jump ship is something no business can to thrive in 2021We may not know what the future holds, but we do know that these trends dominate today s hiring market. Employers that offer remote work when possible, make meaningful commitments to diversity and inclusion efforts and tailor their compensation packages to exceed the current market will win the war for 2021 s top course, with all the other obstacles businesses face today, that s easier said than done.