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Salary Survey

It is true that every occupation has its independent salary and wages structure depending on job profile, responsibility and accountability, tenure, performance and geographical area. Typical earnings in the field of engineering are compensated as piece rate, hourly wages, annual salaries, commission, tips and bonuses.

A handbook of survey carried out in year 2008 holds data matrix primarily provided by Occupational Employment Statistics (OES) Survey where it says about the statistics of salary and compensation offered by engineers of various disciplines. The information was provided by Bachelor, Master and Ph.D. students, professional associations, private companies and unions. According to the survey, the salary and compensation for engineers significantly varies by education, specialty and industry. Following is the data matrix showing the wage distribution in year 2008 which was published by United States Department of Labor.

Engineering Specialty Lowest [10%] Lowest [25%] Median Highest [25%] Highest [10%]
Aerospace engineers $58,130td> $72,390 $92,520 $114,530 $134,570
Agricultural engineers 43,150 55,430 68,730 86,400 108,470
Biomedical engineers 47,640 59,420 77,400 98,830 121,970
Chemical engineers 53,730 67,420 84,680 105,000 130,240
Civil engineers 48,140 58,960 74,600 94,470 115,630
Computer hardware engineers 59,170 76,250 97,400 122,750 148,590
Electrical engineers 52,990 64,910 82,160 102,520 125,810
Electronics engineers, except computer 55,330 68,400 86,370 106,870 129,920
Environmental engineers 45,310 56,980 74,020 94,280 115,430
Health and safety engineers, except mining safety engineers and inspectors 43,540 56,190 72,490 90,740 106,220
Industrial engineers 47,720 59,120 73,820 91,020 107,270
Marine engineers and naval architects 43,070 57,060 74,140 94,840 118,630
Materials engineers 51,420 63,830 81,820 102,040 124,470
Mechanical engineers 47,900 59,230 74,920 94,400 114,740
Mining and geological engineers, including mining safety engineers 45,020 57,970 75,960 96,030 122,750
Nuclear engineers 68,300 82,540 97,080 115,170 136,880
Petroleum engineers 57,820 80,040 108,020 148,700 166,400
Engineers, all other 49,270 67,360 88,570 110,310 132,070

The average starting salary of engineers is the highest as compared to graduates from any other field of study. Besides the significant salary and wages compensation, the engineering students also enjoy benefits like health insurance, sick leave (in some cases) and paid vacation. Besides these traditional benefits, flexible hours of working, profit sharing plans are also offered to highly skilled engineers. Some of the companies also provide tuition for dependent children, childcare, housing assistance and summers off.

According to the National Association of colleges and employers survey carried out in year 2009, the starting salary of graduates of Bachelor degree of engineering students earn as follows:

Engineering Specialty Average Salary
Petroleum $83,121
Chemical 64,902
Mining and Mineral 64,404
Computer 61,738
Nuclear 61,610
Electrical/electronics and communications 60,125
Mechanical 58,766
Industrial/manufacturing 58,358
Materials 57,349
Aerospace/aeronautical/astronautical 56,311
Agricultural 54,352
Bioengineering and biomedical 54,158
Civil 52,048

 

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