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Article: Salary linked to where you live, study shows.
- Article from:
- Fairfield County Business Journal
- Article date:
- May 17, 2004
CopyrightCOPYRIGHT 2004 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Where you live affects how much you are paid. A job that demands a salary of $30,000 nationally can pay as little as $27,180 in Birmingham, Ala., or as much as $36,780 in San Francisco, according to the 2004 Geographic Salary Differentials from Mercer Human Resource Consulting. This represents a pay variation of 32 percentage points, from 9.4 percent below the national median to 22.6 percent above.
Each year, Mercers study compares local pay rates for more than 175 cities to national medians at different pay levels. The 2004 findings suggest that geographic pay variations are less pronounced, but still evident, at higher pay levels. For a job with a median salary ...