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 August 23, 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 August 23, 2014).

Share This




More Matter & Energy News

Saturday, August 23, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Is It a Plane? No, It's a Hoverbike

Is It a Plane? No, It's a Hoverbike

Reuters - Business Video Online (Aug. 22, 2014) UK-based Malloy Aeronautics is preparing to test a manned quadcopter capable of out-manouvering a helicopter and presenting a new paradigm for aerial vehicles. A 1/3-sized scale model is already gaining popularity with drone enthusiasts around the world, with the full-sized manned model expected to take flight in the near future. Matthew Stock reports. Video provided by Reuters
Powered by NewsLook.com
Coal Gas Boom in China Holds Climate Risks

Coal Gas Boom in China Holds Climate Risks

AP (Aug. 22, 2014) China's energy revolution could do more harm than good for the environment, despite the country's commitment to reducing pollution and curbing its carbon emissions. (Aug. 22) Video provided by AP
Powered by NewsLook.com
Former TSA X-Ray Scanners Easily Tricked To Miss Weapons

Former TSA X-Ray Scanners Easily Tricked To Miss Weapons

Newsy (Aug. 21, 2014) Researchers found the scanners could be duped simply by placing a weapon off to the side of the body or encasing it under a plastic shield. Video provided by Newsy
Powered by NewsLook.com
Flower Power! Dandelions Make Car Tires?

Flower Power! Dandelions Make Car Tires?

Reuters - Business Video Online (Aug. 20, 2014) Forget rolling on rubber, could car drivers soon be traveling on tires made from dandelions? Teams of scientists are racing to breed a type of the yellow flower whose taproot has a milky fluid with tire-grade rubber particles in it. As Joanna Partridge reports, global tire makers are investing millions in research into a new tire source. Video provided by Reuters
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:
from the past week

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