yahoo Press
How Does Your Salary Growth Stack Up? Average Raises by Industry, From Health Services to Hospitality
Images
Workers in the financial activities industry received the highest median annual raise of 5.2% in March 2026, according to ADP Research. Information workers received the smallest raise, 3.8%, after ranking near the top five years ago. The financial activities industry topped ADP's list of industries getting the highest annual salary raises in March 2026. Workers in the sector, which includes real estate, insurance and investment, received a median annual raise of 5.2%, according to a report from ADP Research. That outpaced the annual inflation rate in March of 3.3% and topped every other industry tracked. The financial activities industry has led the rankings for five consecutive years. The industry's median raise was 4.3% in March 2021—smaller than today's 5.2%, but still ahead of every other sector that month. Raises determine whether workers can keep up with rising costs and how quickly they can pay down debt like student loans. Information workers, including those in publishing, broadcasting and data processing, received the smallest median raise, 3.8%, among industries ADP tracks. Five years earlier, the median information worker received one of the highest raises in the economy at 3.3%. Information worker raises have nudged up since, but every other industry has grown faster, pushing the sector to the bottom of the ranking. For March 2026, here are the 10 industries ranked by the highest median salary raise: Rank Industry Annual Raise Median Salary 1 Financial activities 5.2% $74,700 2 Manufacturing 4.9% $74,900 3 Construction 4.7% $72,000 4 Natural resources and mining 4.7% $67,100 5 Leisure and hospitality 4.6% $33,900 6 Trade, transportation, and utilities 4.5% $58,300 7 Professional and business services 4.3% $73,800 8 Education and health services 4.3% $48,900 9 Other services 4.2% $50,000 10 Information 3.8% $72,100 Read the original article on Investopedia
Comments
You must be logged in to comment.