- 175,269 employers
- 2.88 million employees
- $940 average weekly wage
- The average weekly wage is 14.6% below the national average
- The cost of living is 4.2% below the national average
Types of Employers (Private Sector vs. Government Agency)
As an employer in Wisconsin, you are most likely to be running a private company rather than a government agency. 95.8% of employers run private companies in the state, 1.3% lower than the national average. The remaining 4.2% of employers are government agencies: 0.7% of employers are federal agencies, 0.4% are state agencies and 3.2% are local government agencies. The chart below illustrates this breakout.
86.8% of employees work for a private company. This is 1.6% higher than the national average of 85.2%. Local government agencies employ 9.5% of the workers in the state, state government agencies employ 2.6% of the workers and the federal government employs 1.0%. The percentage of employees working for a government agency (13.2%) is 1.6% lower than the national average.
The average pay in the state is $940, which is 14.6% lower than the national average of $1,101. Wisconsin workers that are employed by private businesses earn $941 per week, 14.5% lower than the national average for private company employees. Employees of federal government agencies in Wisconsin earn $1,293 per week, a premium of 37.4% compared to what employees of private companies earn. The chart below illustrates the average weekly by type of employer.
Leading Sectors & Industries
The sector with the greatest number of businesses in the state is Healthcare with 15.8% of the businesses in the state. Retail trade (10.5%) and Professional services (9.4%) round out the top 3 sectors. The sector that employs the greatest number of workers is Manufacturing which employs 19.0% of all workers, followed by Healthcare and Retail trade which account for 15.9% and 12.2% of private company employees. The table below illustrates the number of businesses by sector:
|Health care and social assistance||26,500||15.8%|
|Professional and technical services||15,762||9.4%|
|Accommodation and food services||14,320||8.5%|
|Other services, except public administration||14,030||8.4%|
|Finance and insurance||8,918||5.3%|
|Administrative and waste services||8,689||5.2%|
|Transportation and warehousing||5,537||3.3%|
|Real estate and rental and leasing||5,013||3.0%|
|Agriculture, forestry, fishing and hunting||2,736||1.6%|
|Arts, entertainment, and recreation||2,622||1.6%|
|Management of companies and enterprises||1,446||0.9%|
|Mining, quarrying, and oil and gas extraction||190||0.1%|
The table below lists the sectors with the greatest number of employees:
|Health care and social assistance||397,900||15.9%|
|Accommodation and food services||240,040||9.6%|
|Administrative and waste services||147,715||5.9%|
|Finance and insurance||122,170||4.9%|
|Professional and technical services||112,118||4.5%|
|Transportation and warehousing||99,257||4.0%|
|Other services, except public administration||84,169||3.4%|
|Management of companies and enterprises||67,919||2.7%|
|Arts, entertainment, and recreation||42,235||1.7%|
|Agriculture, forestry, fishing and hunting||28,300||1.1%|
|Real estate and rental and leasing||26,631||1.1%|
|Mining, quarrying, and oil and gas extraction||3,956||0.2%|
|Management of companies and enterprises||$1,946|
|Finance and insurance||$1,494|
|Professional and technical services||$1,424|
|Mining, quarrying, and oil and gas extraction||$1,263|
|Health care and social assistance||$941|
|Transportation and warehousing||$839|
|Real estate and rental and leasing||$835|
|Agriculture, forestry, fishing and hunting||$688|
|Administrative and waste services||$617|
|Arts, entertainment, and recreation||$615|
|Other services, except public administration||$588|
|Accommodation and food services||$306|
Each broad sector is made up of specific industries. In Wisconsin the industry with the most businesses is Services for the elderly and disabled (with 13,340 businesses employing 43,386 workers). The next two industries are Restaurants and other eating places and Computer systems design and related services. Here are the industries with the most businesses in the state:
|Detailed Industry||# Biz||Emp/Biz|
|Services for the elderly and disabled||13,340||3.3|
|Restaurants and other eating places||9,039||19.5|
|Computer systems design and related services||4,068||5.9|
|Residential building construction||3,200||4.0|
|Wholesale trade agents and brokers||3,127||2.3|
Restaurants and other eating places is the industry that employs the most workers, employing a total of 176,120 people in 9,039 businesses. On average, these employees are paid $290, 69.1% less than the state average. There are 19.5 employees on average in each of these businesses. The next largest employing industry is General medical and surgical hospitals.
|Detailed Industry||# Emp||Emp/Biz|
|Restaurants and other eating places||176,120||19.5|
|General medical and surgical hospitals||103,778||725.7|
|Management of companies and enterprises||67,919||47.0|
|Temporary help services||62,922||42.0|
|Offices of physicians||50,173||24.9|
|Supermarkets and other grocery stores||47,068||52.5|
The industry that pays the most (on an average weekly basis) is Portfolio management. There are 2,159 employees working in 238 businesses. The next best paying industries are Investment banking and securities dealing and Securities brokerage.
|Detailed Industry||Wkly Wage|
|Investment banking and securities dealing||$3,420|
|Monetary authorities – central bank||$2,960|
The solopreneur company, has the most businesses in Wisconsin by far. 57.7% of all businesses in the state have fewer than 5 employees. The 157,025 small businesses in the state represent 95.6% of all private businesses. The national average is 97.4%. (Small businesses have fewer than 50 employees.) The pie chart below illustrates the ratio of business sizes.
The largest companies in the state represent 8.6% of all employees, which is 2.3% lower than the national average of 11.0%. Smallest companies also employ a lower percentage of the states workforce than the largest companies. The solopreneur (those that employ fewer than 5) companies employ 5.9% of all workers, which is 1.3% lower than the national average of 7.3%. All small companies, those employing fewer than 50 people, represent 42.2% of the labor force in the state, 1.5% less than the national average of 43.6%.
Wisconsin workers in every size business are paid less than the national average. The smallest companies in Wisconsin (those with fewer than 5 employees) pay workers 13.6% less than the national average ($858 per week as compared to the national average of $975 per week. The largest companies in Wisconsin (those with more than 1,000 employees) pay 28.2% workers below the national average ($1,468 per week as compared to the national average of $1,882 per week.
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.