Real wages declined significantly in past 7 years — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Real wages declined significantly in past 7 years

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in Compensation and Benefits,Human Resources

Real wages are down almost 8% since 2006, according to the compensation research firm PayScale, which analyzed Consumer Price Index data and information provided by 3,000 clients.

Exceptions: People employed in the health care and engineering sectors have seen real wages grow by more than 10% since 2006.

Another silver lining: HR jobs have experienced a recent wage boost, growing 1.3% since late 2013.

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