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San Francisco Employers Offer Generous Salaries
A Mercer news release about its 2008 US Geographic Salary Differentials study of more than 200 cities showed that a job commanding a median $30,000 salary nationally can pay as little as $28,117 in Birmingham, Alabama, or as much as $37,023 in San Francisco, California.
Mercer said this represents a pay variation of 30 percentage points – from 6.3% below the national median to 23.4% above. For a job with a median salary of $60,000 nationally, for example, pay varies from a low of $55,509 (-7.5%) in Baton Rouge, Louisiana, to a high of $70,723 (+17.9 %) in San Jose, California.
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class=”NormalIndent2″> Pay variations by geography are even noted at a median of $90,000. Among the cities included in Mercer’s study, Little Rock, Arkansas, and Omaha, Nebraska, represent the lower end of the pay range at $83,670 and $86,980 respectively. Meanwhile, cities such as New York and San Francisco hold the top spots at $104,370 and $103,970, respectively, Mercer said.
class=”NormalIndent2″> “Mercer’s geographic analysis highlights the challenges faced by many large employers with employees in multiple locations throughout the U.S,” the company said in the news release. “Sensitive compensation issues can arise when an employee transfers from a relatively high-salary area to a relatively low-salary area, or vice versa. Good quality information on salary variances helps employers manage these situations equitably and consistently.”
class=”NormalIndent2″> The 2008 US Geographic Salary Differentials study is available for purchase from Mercer by visiting www.imercer.com or by calling 800 333 3070.
Table 1: 2008 Geographic Salary Differentials for Select US Cities
(For a job with median national salary of $30,000)
align="center"> City | align="center"> 2008 Area Median ($) | align="center"> % Difference from National Median |
San Francisco ,CA | align="center"> 37,023 | align="center"> 23.4 |
New York ,NY | align="center"> 36,013 | align="center"> 20.0 |
San Jose ,CA | align="center"> 36,000 | align="center"> 20.0 |
Washington ,DC | align="center"> 33,180 | align="center"> 10.6 |
Los Angeles, CA | align="center"> 33,160 | align="center"> 10.5 |
Seattle ,WA | align="center"> 33,157 | align="center"> 10.5 |
Boston ,MA | align="center"> 32,843 | align="center"> 9.5 |
Chicago ,IL | align="center"> 32,823 | align="center"> 9.4 |
Denver ,CO | align="center"> 31,920 | align="center"> 6.4 |
Baltimore ,MD | align="center"> 31,637 | align="center"> 5.5 |
Detroit ,MI | align="center"> 31,510 | align="center"> 5.0 |
Philadelphia ,PA | align="center"> 31,153 | align="center"> 3.8 |
Atlanta ,GA | align="center"> 31,120 | align="center"> 3.7 |
Minneapolis ,MN | align="center"> 30,960 | align="center"> 3.2 |
Milwaukee ,WI | align="center"> 30,920 | align="center"> 3.1 |
Source: Mercer