Are You Paying a Competitive Wage? Free Labor Market Information for Frederick County Employers
By Wesley Leatherman, Senior Business Development Specialist
In today’s competitive labor market, knowing what to pay employees can make a significant difference in attracting and retaining talent. Frederick County Workforce Services’ Business Team offers Labor Market Information (LMI) at no cost to Frederick County employers to help businesses make informed compensation decisions.
The Business Team can provide employers with current wage data and other labor market insights for specific occupations. This information can help employers determine whether their wages are competitive with the local market and identify opportunities to strengthen their compensation strategy.
Recently, a local manufacturer reached out to the Business Team requesting LMI for 13 different positions represented in their shop. The employer wanted to evaluate whether their current wages were keeping pace with the market. The data provided valuable insight and gave the employer information they could use to support their decision to increase compensation.
The employer shared:
“Thank you so much! This is fantastic!! I am so appreciative that you took the time to get this data for me and to send it. This is going to help make sure we are paying at the market rate, and I will have this data to back it up! You are the best!”
Whether you are reviewing wages for one position or an entire workforce, the Business Team can help. Our LMI services provide Frederick County employers with data-driven insights to help ensure their wages are competitive, support recruitment and retention, and make informed workforce decisions—all at no cost to the employer.
Want to see how your wages compare to the market? Contact the Frederick County Workforce Services Business Team to request your free Labor Market Information.
Interested in an overview of the local labor market? Check out our LMI Dashboard for up-to-date stats on local industries, occupations, and demographics.