Job Switchers See Pay Increases Despite Low Hiring Market
In August 2026, job switchers in the private sector saw a notable rise in base pay compared to those who stayed at their jobs. According to ADP data, base pay for job changers increased by 4.7%, while it rose only 3% for stayers. Gross pay, including bonuses and commissions, also showed significant growth—up 7.3% for switchers versus 4.4% for those who remained in their roles. The Atlanta Fed reported similar trends: the median pay increase for job changers reached 5%, up from 4.4% in July, while stayers saw a consistent rise of 3.6%. ADP's chief economist noted that despite an overall low-hire and low-fire labor market, there is still opportunity to boost wages by changing jobs. However, the benefits vary across sectors. Construction workers see some of the highest pay increases for job changers due to hiring challenges, while leisure and hospitality reward stability more than mobility. Hourly wage earners and Gen Z workers are also experiencing significant pay bumps as small businesses struggle with a shortage of qualified applicants.
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Topics: ADP report Atlanta Fed data job switching wages