Wages and Benefits

Local Wages

The Lubbock median hourly rate for all occupations is 19 percent below the Texas median hourly rate of $15.55 and 24.6 percent below the national median hourly rate of $16.71.

In most occupational categories, the median wage in the Lubbock MSA falls well below the national wage range. For higher skilled jobs in medicine, law, engineering, etc., the national wage spectrum is wide, so a low local median in these categories is more significant than for lesser skilled occupational groups where the national wage ranges are much narrower.

 

Workers’ Compensation

Workers’ compensation is a state-regulated insurance system that provides covered employees with income and medical benefits if they are injured on the job or have a work-related injury or illness. Workers’ compensation insurance coverage limits an employer’s liability if an employee brings suit against the employer for damages. In Texas, private employers can choose whether or not to carry workers’ compensation insurance coverage.

Click here to find out more about workers’ compensation.