The engineering and science industry requires a data-driven approach to setting and managing compensation. To get pay right, you need up-to-date salary data to determine pay increases and benchmark jobs unique to the engineering and science industry. Payscale can help.
The pandemic and post-pandemic economy has created increased demand in the science and engineering industry. Compelling salary offers and total rewards packages are essential to attract talent in a competitive job market.
In a hot job market, you have to think about pay equity. The talent you are most anxious to keep is also the talent you are most likely to lose if your employees' pay doesn't keep pace with their peers.
The science and engineering industry is investing in more technology and seeing emerging demand for hard-to-price analytical jobs as a result, with the need for unique market data insights to compensate hot skills.
Following the pandemic, employees want to be able to work from home at least some of the time. Businesses are now having to consider location-based pay strategies that can accommodate remote work.
Payscale gives you access to current salary data that you can cut any way you like it — even by competitors! — so you can make pay decisions right now.
Learn more about our dataExplore the products that are transforming pay practices.
View Payscale productsLearn how organizations like yours consolidated salary data onto one trusted platform and modernized their compensation management practices with Payscale.
View more customer stories
The Payscale Index is publicly available data that tracks and compares wage growth by city, industry, company size, and job category. The Payscale Index draws from Payscale's Crowdsourced data which includes a salary data cut specific to the finance and insurance industry.
Payscale analyzes which positions job seekers were most eager to research salaries for in the 2021 calendar year and ranked the top ten with additional data and insights on the fastest growing jobs by wages and guidance around compensation planning.
Payscale’s annual Compensation Best Practices Report (CBPR) is the largest survey dedicated to compensation, gathering information from thousands of respondents with data cuts by industry, performance, and organizational size.
