Engineering jobs remain strong, financially lucrative

While unemployment remains high, the demand and pay for engineers--especially electrical engineers--remain high.

08/01/2011


Engineering jobs are a hot commodity, even in the wake of the Great Recession. Demand for people who can build, engineer, and design infrastructure in major projects all over the country remains very strong.

According to the Bureau of Labor Statistics there are more than 2.3 million jobs in the architecture and engineering fields, which often work close together on numerous projects. Electrical engineers, in particular, have 148,770 jobs as of May 2010, making it one of the largest in the field. Only civil and mechanical engineers totaled more in terms of personnel (margin of error 0.4%).

The pay isn’t too bad, either. According to PayScale, the median starting pay for an entry-level worker in electrical engineering field is $60,800. Median overall pay is tied for fourth amongst all listed positions at $104,000 per year. Only aerospace, chemical, and petroleum (tops at $157,000) average more than electrical engineers. 

Best Undergrad College Degrees By Salary

Degrees

 

Blue bars represent 'Starting Median Pay' - Silver bars represent 'Mid-Career Median Pay'


Methodology


Annual pay for Bachelors graduates without higher degrees. Typical starting graduates have 2 years of experience; mid-career have 15 years. See full methodology for more.

The chart from PayScale also shows that of the top 10 college majors in terms of pay, seven of them are in the engineering field. All of the top 10 are either in math or science. With an added emphasis in recent years on math and science, especially with the U.S. test scores at an all-time low compared to the rest of the industrialized world, the people who excel in both and have a desire to join the engineering field will likely be rewarded with their hard work.

- Edited by Chris Vavra, Consulting-Specifying Engineer, www.csemag.com



No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
2016 Product of the Year; Diagnose bearing failures; Asset performance management; Testing dust collector performance measures
Safety for 18 years, warehouse maintenance tips, Ethernet and the IIoT, GAMS 2016 recap
2016 Engineering Leaders Under 40; Future vision: Where is manufacturing headed?; Electrical distribution, redefined
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Safety at every angle, Big Data's impact on operations, bridging the skills gap
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
Applying network redundancy; Overcoming loop tuning challenges; PID control and networks
Driving motor efficiency; Preventing arc flash in mission critical facilities; Integrating alternative power and existing electrical systems
Package boilers; Natural gas infrared heating; Thermal treasure; Standby generation; Natural gas supports green efforts

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role of plant safety and offers advice on best practices.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me