Industrial Firms Report Big Swings in Typical Worker’s Pay

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Industrial Firms Report Big Swings in Typical Worker’s Pay
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In 2018, some industrial companies paid their typical worker as little as half the amount paid in the prior year. What gives?

A union job at a shipyard, mine or factory usually comes with a steady paycheck, but some U.S. industrial companies are having a hard time figuring out who their typical workers are and how much they make.

Several S&P 500 companies in the industrials and materials sector posted big swings in what they said their median worker was paid in 2018 compared with 2017, according to an analysis by The Wall Street Journal of annual disclosures for hundreds of big U.S. companies as provided by MyLogIQ.

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