Data

Minimum Wage Data

Stay on top of minimum wage changes across the United States. We have the data you need to keep pace with the most recent wages by individual states, cities, counties, and even municipalities.

Comprehensive Database
  • Discover Data: Instantly find minimum wage data for tipped and non-tipped employees across all US geographies.

  • Forecast Changes: Assess planned changes in minimum wage based on future dates.

  • Find Company-Specific Data: Easily identify how company size, location or industry effects minimum wages across the US.

Frequently Asked Questions

What Is Pay Equity?

How we define pay equity has evolved over recent years. Pay equity today ensures equal compensation for comparable roles, emphasizing internal fairness, external competitiveness, and clear, transparent communication. From the employee perspective, we're seeing them view pay equity through a broader lens. Yes, employees want to know that they are being paid fairly, but now they also want assurances that everyone else in their company is paid fairly, too.

How Does Equity Pay Work?

Pay equity processes ensure employees are compensated fairly based on the value of their work, regardless of factors like gender, race, or other personal characteristics. This involves assessing roles for comparable responsibilities, skills, and qualifications, conducting regular pay audits to identify disparities, and aligning compensation with job market standards. Transparent pay communication and consistent reviews help maintain fairness and compliance with pay equity laws.

How to Do a Pay Equity Analysis?

To conduct a pay equity analysis, start by defining the scope, collecting employee data (job titles, pay rates, and demographics), and grouping comparable roles. Analyze pay gaps using statistical methods, investigate causes, and address unjustified disparities through adjustments and policy changes. Learn how you can easily and effectively do this with CompAnalyst Pay Equity Suite.

Why Is Pay Equity Important?

Paying equitably and fairly offers both ethical and business advantages. Fairly compensated employees tend to be more productive and innovative, while employers who prioritize pay equity foster an environment that attracts and retains top talent. In recent years pay equity and pay transparency have become the law.

What Should Be Included in a Pay Equity Audit?

A pay equity audit should include employee data, job classifications, current compensation policies, a detailed analysis of pay gaps, a root cause analysis, an action plan for improvement, and a compliance review to ensure adherence to legal standards.

How Big Is the Gender Pay Gap?

On average, in the U.S., women make 83 cents for every dollar men earn. The gender wealth gap is even worse, as women have only 32% of the wealth men have accumulated.

Insights You Need to Get It Right

The latest research, expert advice, and compensation best practices all in one place.
Top 5 Factors: Evaluating Compensation Management Solutions
Top 5 Factors: Evaluating Compensation Management Solutions Blog
Figure out which compensation management solution is the best fit for your organization.

Read More

Addressing Problems with Minimum Wage
Addressing Problems with Minimum Wage Guide
Key takeaways on solving minimum wage problems and partnering with expert consultants.

Read More

Building and Analyzing Salary Structures
Building and Analyzing Salary Structures White paper
Learn how to maintain and update pay structures within your organization.

Read More

Creating a Compensation Plan
Creating a Compensation Plan Blog
How the compensation and total rewards planning process create a compensation plan.

Read More

Understanding the Gender Pay Gap in America
Understanding the Gender Pay Gap in America Blog
Women in the United States earn 80 cents for every dollar paid to men.

Read More

It's Easy to Get Started

Transform compensation at your organization and get pay right — see how with a personalized demo.