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So You Want to Make the Big Bucks?

July 1, 2016
Be an Engineer! To extract the key takeaways of the most recent survey done by IEEE-USA, read a few of the highlights below, and then check out the infographic for […]

Be an Engineer!

To extract the key takeaways of the most recent survey done by IEEE-USA, read a few of the highlights below, and then check out the infographic for more big money info.

• The total median pre-tax income in the calendar year of 2014 was $133,000, up from $129,000 in 2013, and representing the largest increase since 2008.

• Communications technology continues to yield the highest median earnings ($150,000). Those working in the subspecialty of consumer electronics report the highest at $161,250. Energy and Power engineering remains at the bottom ($116,175).

• The typical respondent is a male in his mid-to-late forties, with an advanced degree, and about 22 years of professional experience.

• Women’s salaries continue to trail men’s by an average of $13,635, but the gap is down $3,000 from 2013.

•Salaries for African Americans trail Caucasians by an average of $15,482, but the gap is down $2,000 from 2013.

• 8.3% of respondents said their primary area of technical competence was communications technology. Of those, 31.3% reported working in design and development engineering and 20% in technical management.

Source: IEEE-USA 2015 Salary & Benefits survey. http://ieeeusa.org/careers/salary/

About the Author

Jim Jefferies

Jim A. Jefferies, 2015 President, IEEE-USA, worked at AT&T and Lucent Technologies for 33 years in engineering and executive positions including fiber optic cable development and manufacturing, Quality Assurance, and Supply Chain Management. He managed the engineering teams that delivered the first commercial fiber optic cables for the Bell System. IEEE-USA is an organizational unit of the Institute of Electrical and Electronics Engineers, Inc., created in 1973 to support the career and public policy interests of IEEE's US members. For more information, please visit http://ieeeusa.org.