Corporate Salaries in Philadelphia Higher Than National Average, But Lower Than in Other East Coast Cities

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While salaries for the most in-demand corporate jobs in Philadelphia are higher than the national average, they are still lower than in other nearby East Coast cities.

While salaries for the most in-demand jobs in and around Philadelphia are higher than the national average, they are still lower than in other nearby East Coast cities, writes Lizzy McLellan Ravitch for The Philadelphia Inquirer.

According to Robert Half’s 2024 Salary Guide, Philadelphians working these jobs are currently paid about 18 percent above the national average.

That is significantly better than other talent markets in the state, like Reading and Harrisburg, where such salaries are around five percent under the national average.

However, when compared to other similarly sized cities, the pay scales in Philadelphia are behind. For example, pay for some in-demand roles in New York was 38 percent higher than the national average.

Brittany Nisenzon, a regional director for Robert Half said that the difference affects the retention of young talent in high-paid industries during the length of their careers. While Philadelphia has made major progress in that regard in the past two decades, more could be done.

“Something I encourage companies to try to do is create a healthy path for entry-level up … into senior level,” she said. With that effort, “within the next five to 10 years, we can be highly competitive with those other markets.”

Read more about why salaries for in-demand jobs are higher in Philadelphia than the national average, but lag behind nearby East Coast cities in The Philadelphia Inquirer.

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