Engineering is considered among those fields which keeps on evolving and knows no bounds at all. Every now and then, we observe hundreds of breakthroughs being made in one or the other field of engineering. Despite several myths attributed to the engineering field, it has become one of the most advanced and sought-after fields across the globe. Look out in your neighbourhood and you will find every second or third kid with an aspiration to become an engineer. Be it a software engineer, be it an electrical engineer or any other one. The bottom line is everyone sees their future in this field. Of many other perks enjoyed by the engineers, the most attractive one is their salary package. Initially it is low but with the passage of time and with additional degrees, the pay of an engineer surpasses any other person deployed at the same scale with the same level of degree. Here in this article, we will be focusing mainly on how much do engineers make and what additional degrees contribute in their high payouts. Let’s find out how much do engineers make.
How Much an Engineer Makes:
We will be discussing the salaries of engineers from different fields here in this section. Keep in mind these wages are average based, your salary may differ depending on what market you’re in, what type of company you’re at and what kind of engineering you do and in which country or state you work.
A Software Engineer is so in demand these days that it becomes difficult for the companies sometimes as which one to drop and which one to select. The reason is, the technical prowess of one surpasses its successor and so on and so forth. A paradigm shift has been observed in this century when we see every system being translated into code and human intervention has become lesser. The companies are mostly hunting for fresh software engineering graduates because they have the nerves to handle the complications. The initial salary of a fresh bachelorette of software engineering ranges from $45,000 to $75,000. If he pursues his master’s degree while remaining in the same firm, his salary soars up from $78,000 to $104,000. Finally, if he completes his PHD in software engineering, he is then paid from $102,000 to $155,000.
Then come the electrical engineers. There is not much difference between the salaries of software engineers and electrical engineers. For a fresh electrical engineer, the salary is from $57,000 to $75,000. And if he happens to attain a master’s degree while remaining on the post, he is then liable to be paid from $75,000 to $110,000. Now if a master’s degree holder electrical engineer pursues a PHD and has experience too in the working field, he is most likely to get a job in the academia of any college or university and is paid from $100,000 to $139,000.
Normally referred to as the “highest paid engineers” across the globe, they actually enjoy the professional life but are always at the hook. For the fresh graduates, the job routine at the site is quite hell. They have to stand in the scorching heat and at mining and drilling sites to oversee and monitor the operations. The salary of a fresh graduate in petroleum engineering starts from $74,000. And rising above with a master’s or a PHD degree along with some experience of both on-field an in-office, earns a staggering $190,000. This is indeed the highest paid salary jobs one could ever imagine. The schedule of a petroleum engineer starts from being very tough to being very lax. And the salary keeps soaring from low to high with the passage of time.
The starting salary of a chemical engineer is comparatively low from that of the ones we discussed above. With educational maturity and experience, they somehow manage to come close to handsome salary ranges. The initial salary of a newly graduated chemical engineer ranges from $53,000 to $82,000. While that of a master’s degree holder ranges from $73,000 to $145,000. Still pretty impressive eh? A PHD chemical engineer mostly find jobs in academia like electrical engineer and devote their time for teaching and mostly research.
Since this discipline is quite new, that’s why it will take some time to reach at the maturity level. For now, the starting salary of a freshly graduated materials engineer amount to $53,000. According to a report, the salary of material engineers is expected to raise to an enormous level of about 9% and then the basic salary of a material engineer will be around $85,150. The total number of projects expected to be announced between the years 2012-2022, are amount to 8,000. Which is more than enough to saturate a larger number of fresh and even experienced graduates.
Another newer discipline which has found its origin in physics, is a rapidly rising engineering discipline. Just like software engineers, the demand of aerospace engineers have made them expensive and now every school is planning to start aerospace engineering discipline. The average salary of an aerospace engineer amounts to a staggering $64,000, for a fresh graduate. For a new discipline, this much payout is indeed quite handsome. According to a report, a total of about 2,000 projects are expected to be announced between the years 2012-2022. Thus it will accommodate a large proportion of the graduates from this field.
Though industrial engineer does not lie under top earning engineering field, but it’s one of the most important fields in any industry. His major responsibility is to enhance production rate by implementing better labour, technical and production process. He is supposed to determine and maintain the quality and reliability of products.
The salary of industrial engineer in diffrent states of US is diffrent. According to U.S. Department of Labor Bureau of Labor Statistics Industrial engineer in Alaska Enjoy the maximum salary and industrial Engineer Salary in Arkansas suffer lowest salary ie 34$ per hour
Here we are discussing the specialise mechanical engineers (salary) who are known for design and maintenance of robots and their electronic circuits.
Robotic engineers are supposed to assist other engineers in the manufacturing of robotic systems. Thier average salary is $81k.
Though civil engineering is not among the highest paid engineering field, but it plays a vital role in progress and prosperity of a country by constructing buildings, dams, bridges.
A Civil engineer may work in many sectors such as transportation or structural etc. The road, railways, harbors, airports which we use mainly for transport and dams, power plants, irrigation canals, etc, all are due to civil engineers day and night work.
The average earning of civil engineer is about $63 per year.
Apart from the salaries of engineers discussed above, there are many more disciplines of engineering yet to be covered. The salaries are not the contributing factor in determining your field of interest. So try to opt that engineering discipline which you have found your aptitude to be appealing. If you run after money, your intellectual growth will stop as you will take your profession as a way of earning. Try to become a person of value in whatever field you may choose rather than becoming a person after money. Our advice, always search for an expert’s advice before you step into any university in any discipline whatsoever. We will continue to add more field about the topic “How much do engineers make”
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