2016 Wage Survey Reveals Mixed Market

By Kim Molinaro

Posted Oct 06, 2016 in LMT Surveys

The Labor Department’s July jobs report offered positive news: 255,000 jobs were added to the U.S. economy in that month, surpassing economists’ expectations. It was the second consecutive month of robust hiring and rising wages nationwide, which were up 2.6% over the past 12 months.  


Likewise, LMT’s 2016 Wage Survey offers some optimistic data, with 68% of owner/manager respondents giving their employees raises last year: 37% gave raises to all of their employees and 31% gave raises to some of their employees. On average, these respondents boosted their technicians’ pay by $1.36 per hour and two-thirds of them also gave annual bonuses, averaging about $1,000 per employee.


Compared to our 2014 Wage Survey, this year’s results show fewer survey participants are laying off technicians and freezing pay raises. “Our profits are...

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About The Author

  • Kim Molinaro

    Managing Editor at LMT Communications, Inc. · West Hartford, CT

    In her 25+ years with LMT, Kim has managed to combine her creative flair—infusing energy into our content and orchestrating some of our most popular theme issues—with the practical focus of keeping our processes...

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