ASE, Michigan’s trusted HR partner, released the results of the 2021 Michigan Compensation Survey, the most comprehensive salary data in Michigan.
Overall wage growth in Michigan was just 2.1%.
“Our data, collected directly from local employers, shows that overall employers were conservative with their wage increases this past year,” stated Mary E. Corrado, ASE President & CEO. “This was expected given the recent recession and the economic hardships brought on by the pandemic.”
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Some job families increased at rates higher than the overall survey average. The Production/Manufacturing job family experienced a 2.8% increase year over year. Light Assembly climbed to $15.14 per hour, a more than 6% increase from 2020.
Additional Survey Highlights:
- The Detroit area saw slightly higher wage increases. The metro Detroit area increased 2.3% year over year (compared to an average of 2.1% statewide).
- Merit increase budgets averaged 2.8% for 2021. This is slightly above levels seen in 2020, and more consistent with 2019 merit budgets.
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“Employers of all sizes should take steps now to evaluate their wages and salaries,” stated Corrado. “As employers emerge from the pandemic, they are still contending with its lingering effects – specifically, a lack of available workers.”
2021 Survey Demographics
A total of 301 companies, 57% of them located in the metro Detroit region, responded to the survey, which was distributed to HR professionals in January 2021. Nearly 40% of the respondents are automotive suppliers, and 461 jobs were reported on. 82% of the organizations have 1-500 employees.
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