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发信人: turboman (沙波), 信区: AdvancedEdu
标  题: 1998 Engineering Salary Survey Results
发信站: BBS 水木清华站 (Mon Jun  7 17:19:01 1999)

1998 Engineering Salary Survey Results
This is an abridged version of the NES Engineering Salary Survey, compiled m
onthly.
For salary data based on your specific background and geography, call us at
(800) 248-7020... we will provide this information in real-time from our com
puter model.
The salary information provided is based upon extensive interaction with the
Engineering Community. The three major groups that supply data include:
? Responses from NES Engineering Salary Surveys which are mailed monthly to
thousands of design and development engineers nationwide.
? Salary information provided by the thousands of engineering candidates tha
t NES is currently representing.
? Salary offers that have recently been made to engineering candidates by NE
S clients nationwide.
The highest and lowest 15% were deleted for statistical accuracy. 98% held a
t least a BS degree, 40% earned an MS or PhD in an engineering discipline an
d 8% had an MBA.
RAISES, BONUSES & STOCK OPTIONS
Everyone is acutely aware of the shortage of technical talent nationwide &em
dash; with the major shortfall existing with Software and Electrical Enginee
rs. Because of the supply and demand problem nationwide for technical person
nel, companies are having an extremely difficult time filling critical open
requisitions. Knowing how hard it is to find and/or replace technical talent
, companies are combating attrition by offering existing employees more aggr
essive compensation packages. This compensation comes in the form of raises,
bonuses and stock options. The average software and electrical engineer rec
eived a 6% salary increase in the past year compared to a 4% increase for me
chanical and manufacturing engineers. The major increase in compensation was
seen in the form of bonuses with 67% of all engineers responding receiving
a bonus. Bonuses averaged 5.8% of the engineer's base salary. Stock options
attached with three to five year vesting parameters were also provided to em
ployees as a means of locking them into the company for the next several yea
rs.
The highest paid engineers (as a group) across all business sectors were sof
tware engineers. The average software engineer earned $64,000 in 1997.
Electrical Engineers with digital board level and/or ASIC or FPGA design wer
e a close second with an average salary of $62,700. The engineers who brough
t in the highest incomes in 1997 were those who had made a job change in the
past four years. These engineers were able to take best advantage of the su
pply and demand problem for technical talent and accepted offers that far ou
tweighed the average salary increase that would have resulted from an annual
review.
SKILLS IN DEMAND
While the heaviest demand for engineers has continued in the computer hardwa
re/software and communication/telecommunication industries, virtually all in
dustrial sectors have a strong demand for engineers. These other industries
include military electronics, medical products, consumer electronics and ind
ustrial equipment.
TECHNICAL SKILLS IN HIGHEST DEMAND:
SOFTWARE:
? Networking/Communication Software
? Embedded Software/Firmware
? Graphical User Interface Design
? Internet Related Software Design
? Database Applications
ELECTRICAL:
? ASIC/FPGA
? Digital Board Level Design
? RF and Wireless Component & System Design
? Power Supply Design
? Programmable Controller Design & Integration
MECHANICAL:
? Machine/Mechanism/Electromechanical Subsystem Design
? Electronics Packaging
? Structural & Thermal Analysis
? Plastics, Composites, Sheetmetal, Castings
? CAD/CAE/FEM
WHERE YOU CAN MAKE THE MOST MONEY:
Engineers can typically earn the most money in areas with the highest concen
tration of companies seeking technical personnel, regardless of cost of livi
ng.
Many times engineers can earn as much in a lower cost of living area as they
would in a high cost of living city due to the supply and demand for techni
cal talent. The key to earning the highest salary is to make sure that your
skills are in line with the market demand and that you position yourself in
a geography where there are several opportunities for someone with your skil
l set.
HOTTEST GEOGRAPHIC AREAS FOR ENGINEERS:
? Silicon Valley, CA
? New England (MA & NH)
? Atlanta, GA
? Washington DC Beltway including Northern VA and MD
? San Diego, CA
? Raleigh, NC
? Orlando, FL
? Northern/Central, NJ
? Chicago, IL
? Dallas/Ft Worth & Houston, TX
? Seattle, WA
? Denver, CO
? Detroit, MI
MONEY ISN'T EVERYTHING:
Trading off a high salary for an opportunity that will utilize out of date t
echnology could be career suicide. If an engineer's skill set becomes out da
ted and is not replenished with state of the art technology, his/her marketa
bility will be dramatically affected. If this person was ever put in a situa
tion where he/she needed to look for another opportunity outside of their pr
esent employer, finding another opportunity and/or salary growth would be ex
tremely hard to come by. Technology is a vital component to an engineer's ca
reer. Trading off technology for money could prove to be a very dangerous ma
neuver.

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