Pandemic surprise: California pay raises outpace U.S. average

Pandemic surprise: California pay raises outpace U.S. average

3 years ago
Anonymous $K6XgmDN5_o

https://www.siliconvalley.com/2021/02/16/pandemic-surprise-california-pay-raises-outpace-u-s-average/

Turns out 2020 was a fairly good year to be an employed Californian, at least according to one compensation metric.

Let’s look at a federal yardstick of what workers cost employers in terms of pay and benefits. The quarterly Employment Cost Index tracks 15 large job markets in the nation — including a 12-county Bay Area region and a five-county area in Southern California.