Engineering majors most lucrative

Engineering majors most lucrative

 

 

 

 

 

 

We’ve talked several times about salary issues on EngineerBlogs.org. Over time, engineering salaries tend to level off, and one has to go into management to make more money.

On the other hand, a new study came out showing that, despite this plateau, engineers make more money over time than high school grads and nearly every other major.  If you have an degree in engineering, Education Week reports that you can expect to make $1.1 million more than a high school graduate.  (More if you have a graduate degree!)  The down side is that engineering is not considered one of the most stable areas of employment…nor was it the most unstable.

The report noted that minorities still make a significantly less than their white counterparts, and women are clustered into the lowest earning majors.

One thing the study tracked was undergraduate major, but it didn’t necessarily state that the area in which people majored was also the one where they spent their career.  I wonder if some people took their backgrounds in engineering and used them in other fields that were fairly lucrative.

So if you’re feeling down about your salary, just try to remember that it could be worse.

4 comments

If you’re feeling down about almost anything, just remember things could always be worse. If you don’t believe me, just try reading a little history.

Thank goodness salary is not the only factor in job satisfaction. It would be interesting to know where salary ranks as an indicator of job satisfaction for engineers compared to other professions. Googling around quickly I found pay was definitely not #1 overall. Engineers enjoy those salaries and make sure you also achieve the other things necessary for career happiness!

http://www.careerkey.org/asp/career_options/top_ten_expectations.asp Here is an interesting link about job satisfaction indicators.

Thanks for the expectations link above. Pay was never a primary concern for me so issues surrounding that were never really valid. I had been mucking around with things all my life so doing engineering was a natural choice.
In that respect the type of work was very important. I choose this job because of the opportunities to expand my experience and it fitted well with my philosophy. However the same can be said for the reason I would leave a job; failure to expand or a movement in the wrong direction.

Very interesting to read on. Engineering is a great job, you can earn a lot of money especially if you are a hard working person. They contributed also modern technology or new ideas to us in their field of work. Engineering gives important value or role to the society. Thanks to that 🙂

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