Featured Research

from universities, journals, and other organizations

Engineering: A career that pays, new salary survey suggests

Date:
January 29, 2014
Source:
ASME (American Society of Mechanical Engineers)
Summary:
Salaries for engineers rose in 2013 amid the growing global demand for technology services across industry sectors, according to a survey.

There is good news on the employment front for engineers in the United States: salaries for engineers are rising amid the growing global demand for technology services across industry sectors, particularly healthcare and energy.

According to the latest Engineering Income and Salary Survey conducted by the American Society of Mechanical Engineers (ASME) and the American Society of Civil Engineers (ASCE), the average total annual income for engineers in 2013, including bonuses, was $104,303, nearly 0.8% higher than the previous year and almost 4.5% more than the $99,738 salary figure reported in 2011.

"Salaries for engineers have increased at a time when other professions have struggled through challenging economic conditions," said Madiha El Mehelmy Kotb, president of ASME. "The demand for engineers continues to grow, and many stimulating job opportunities are emerging."

Many of these job opportunities, according to the salary survey, are in the ocean engineering and petroleum fields, where the median income in 2013 was, respectively, $137,763 and $130,000. Other sectors showing good salaries include computer services ($124,000), nuclear energy ($119,000), and fire protection ($123,000). Based on input from 10,627 engineers in the U.S., the 2013 salary survey revealed other findings and trends, including:

  • The median income of full-time salaried engineers increased from $55,000 for recent graduates to $130,000 for those with 25 or more years of experience or more.
  • About 1,900 engineers in the survey -- or 17.8 percent -- received promotions in 2013.
  • Full-time salaried engineers holding doctoral degrees in engineering have a median income of $118,000, while those with an M.S. earn a median of $95,000 and those with a B.S. show a median income of $85,276.
  • Engineers in the Pacific Southwest took home the highest median salary of $110,000 relative to other regions in the country.

"It is an exciting time to be an engineer," said Kotb. "As the world's population increases, so will the demands on the next generation of engineers to provide solutions to global challenges. Mechanical engineers will be at the forefront of solving these problems."


Story Source:

The above story is based on materials provided by ASME (American Society of Mechanical Engineers). Note: Materials may be edited for content and length.


Cite This Page:

ASME (American Society of Mechanical Engineers). "Engineering: A career that pays, new salary survey suggests." ScienceDaily. ScienceDaily, 29 January 2014. <www.sciencedaily.com/releases/2014/01/140129134827.htm>.
ASME (American Society of Mechanical Engineers). (2014, January 29). Engineering: A career that pays, new salary survey suggests. ScienceDaily. Retrieved October 21, 2014 from www.sciencedaily.com/releases/2014/01/140129134827.htm
ASME (American Society of Mechanical Engineers). "Engineering: A career that pays, new salary survey suggests." ScienceDaily. www.sciencedaily.com/releases/2014/01/140129134827.htm (accessed October 21, 2014).

Share This



More Matter & Energy News

Tuesday, October 21, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Gulfstream G500, G600 Unveiling

Gulfstream G500, G600 Unveiling

Flying (Oct. 20, 2014) Watch Gulfstream's public launch of the G500 and G600 at their headquarters in Savannah, Ga., along with a surprise unveiling of the G500, which taxied up under its own power. Video provided by Flying
Powered by NewsLook.com
Japanese Scientists Unveil Floating 3D Projection

Japanese Scientists Unveil Floating 3D Projection

Reuters - Innovations Video Online (Oct. 20, 2014) Scientists in Tokyo have demonstrated what they say is the world's first 3D projection that floats in mid air. A laser that fires a pulse up to a thousand times a second superheats molecules in the air, creating a spark which can be guided to certain points in the air to shape what the human eye perceives as an image. Matthew Stock reports. Video provided by Reuters
Powered by NewsLook.com
Hey, Doc! Sewage, Beer and Food Scraps Can Power Chevrolet’s Bi-Fuel Impala

Hey, Doc! Sewage, Beer and Food Scraps Can Power Chevrolet’s Bi-Fuel Impala

3BL Media (Oct. 20, 2014) Hey, Doc! Sewage, Beer and Food Scraps Can Power Chevrolet’s Bi-fuel Impala Video provided by 3BL
Powered by NewsLook.com
What We Know About Microsoft's Rumored Smartwatch

What We Know About Microsoft's Rumored Smartwatch

Newsy (Oct. 20, 2014) Microsoft will reportedly release a smartwatch that works across different mobile platforms, has a two-day battery life and tracks heart rate. Video provided by Newsy
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:

Strange & Offbeat Stories


Space & Time

Matter & Energy

Computers & Math

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins