Friday, April 25, 2014

The real income gap—the occupation, not the gender

According to ColumbusCEO magazine, May 2014, there is a considerable income gap—among professions. Salary averages for a range of executive and professional occupations:

Annual Mean Wages—BLS, May 2012, Wage estimates (it doesn’t say if this is a national or local mean)

$40,970  real estate agents

$60,829  HR specialists

$67,080,  accountants

$71,500  architects and engineers

$82,600 software application developers

$122,,810  lawyers

$169,920 CEOs

$247,240 surgeons

The BLS figures are quite removed from occupational surveys (it is much lower).  Maybe the professions are promoting a rosier picture? Or different information?  For instance the Information Architectural Institute posts the salaries closer to the high nineties and includes the age ranges, benefits, geographic spread, education level, etc.

“For example the median expected annual pay for a typical Human Resources Manager in the United States is $89,406 so 50% of the people who perform the job of Accountant I in the United Sates are expected to make less than $89,406,” reports .


The nationwide mean for CEOs is $176,840, but in Columbus it is $176,230, Indianapolis $189,100, and Cleveland $188.320, but the BLS figures are $169,920. Quite a gap between Columbus and Indianapolis, both state capitals and home of many businesses and industries.

Anyway, there is a big differences between a female real estate agent and a female surgeon, a male accountant and a male CEO.

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