I carried out a little bit of research the other day on the web and here’s what I found about this topic. The idea is not to make an exhaustive report but to give you a brief overview of the overall salary ranges for engineers.
An engineer's income varies a lot depending on location, experience, and industry. For some reason engineers in the petroleum, computer hardware, and nuclear industries earn considerably more than their colleagues. Well the actual reason is that these industries lack skilled resources but also education might cost more.
The average mechanical engineer in the United States earned $38.74 per hour, which comes to $80,580 per year as of 2009. The BLS reported earnings of $49,730 for lowest-earning tenth percentile and $117,550 at the top or 90 percentile level, a difference of over $67,000 per year.*
For example, the salary ranges for each industry differ considerably. The highest-paying industry is petroleum with an average mean salary per year of $119,960 and the lowest-paying industry is agriculture with an average mean salary per year of $74,000, a difference of more than $45,000. The long-term experience level may multiply income as opposed to starters in the career ladder.
There's also a big difference in CAD jobs by state.** California, Michigan, and Texas lead as the following chart shows:
In conclusion we can outline that engineers with longer experience, a master's degree and unique skills earn more than their colleagues.
It is worth taking a look at the location of a job as some states offer more than others when it comes to engineering jobs.
After all, it is not important how much others earn but what can one achieve with one's skills, experience, and will.
Sources:
* http://www.ehow.co.uk/info_7748867_salary-range-mechanical-engineer.html
** http://www.deelip.com/?p=5727
Struggling with CAD file management?
Unmanaged CAD data can lead to wasted time and expensive mistakes, but traditional PDM and PLM solutions are too costly for many companies. This guide, written by industry analyst Jim Brown, will help you find the solution that fits your needs.
