By David Taylor
Looking for a Job you love? Consider moving to the Bluff City. According to a new report from Glassdoor, Memphis is one of the best cities for jobs in 2017. Glassdoor City Score, based on a 5-point scale (5.0=best city for a job, 1.0=worst city for a job), is determined by weighing three factors equally: hiring opportunity, cost of living and job satisfaction. Hiring opportunity is the ratio of active job openings to population. Cost of living is the ratio of median base salary to median home value. This ranking values the lower cost of living in Memphis greater than the number of jobs in Nashville. A similar study by Indeed also placed Memphis in it’s top 10 cities for job seekers where cost of living seems to be a major factor.
In the Glassdoor report, Memphis landed in the 6th spot, with an overall score of 4.4. Here are the numbers for Memphis as reported in the Glassdoor report.
Job Openings: 42,347
Median Base Salary: $41,200
Job Satisfaction Rating: 3.3
Median Home Value: $119,700
Hot Jobs: Physical Therapist, Software Engineer, Maintenance Technician
Leading the way with 95,339 jobs Pittsburgh, PA took the number 1 spot. Our neighbor to the east, Nashville, is 14 spots below Memphis at number 20. Below are the factors for Nashville.
Job Openings: 80,192
Median Base Salary: $42,000
Job Satisfaction Rating: 3.4
Median Home Value: $220,100
Hot Jobs: Professor, Licensed Practical Nurse, Restaurant Server
It is always nice to have a positive story written about Memphis. But as a precaution, it should be noted that this ranking is not definitive. It is one of many rankings that come out throughout the year. In each case, the relative score depends on the factors included in the analysis and the methods used by the analysts. Memphis ranked high in this report and on the ranking produced by Indeed but the city will rank low on other rankings produced by other companies. The rankings are frequently designed for a purpose—generating publicity is a frequent case. City rankings are always a mixed bag and should be evaluated carefully before use.
Check out the full report on Glassdoor's website.
Check out the full report on Indeed's website.