This graph is from a new paper by Frank Levy and Tom Kochan, showing trends in labor productivity and compensation since 1980:
Labor productivity increased by 78 percent between 1980 and 2009, but the median compensation (including fringe benefits) of 35-44 year-old males with high school (and no college) education declined by 10 percent in real terms.
Women have done in general better, but two-thirds of women still have seen their pay lag behind productivity.
Levy and Kochan call for a Social Compact to reverse these trends, and outline some of the steps necessary to get there. The paper is very well worth reading.