Why are engineering salaries so low?

Why are engineering salaries so low?

It is simply supply and demand. If the number of people allowed to do engineering work were cut by 80\%, then they would be paid as much as, or more than, doctors.

Do Electronic engineers make good money?

Electrical engineering jobs are among the most profitable jobs out there, an electrical engineer salary can exceed $254,000 per year. An Electrical Engineer tends to earn more than the national average salary, and this is expected to continue. On average, an Electrical Engineer earns a salary of $71,000 per year.

What is the lowest pay for electrical engineer?

National Salary Range The lowest-paid 10 percent of electrical engineers made $26.30 or less per hour and $54,710 or less per year. The highest-paid 10 percent earned well over double this amount, reporting hourly wages of $63.30 or more and annual salaries of $131,660 or more.

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Why do electrical engineers get paid more?

On average, they make less than database administrators but more than nanotechnology engineers….How do electrical engineer salaries compare to similar careers?

Career Median Salary
Environmental engineer salary $103K
Mechanical engineer salary $101K

Where do electrical engineers make the least money?

The bottom-10 states where electrical engineers make the least money are a geographically largely composed of states in the South and Midwest. Hawaii is a notable outlier, being in the U.S. West.

Is there a shortage of Electrical Engineers in the US?

The slow rate of growth in most manufacturing sectors is getting much of the blame for the stall in this occupation. This bleak view of the field is in direct contrast with industry claims that the United States has a massive shortage of skilled electrical engineers.

What is the average salary of an electronics engineer?

The average annual salary for electronics engineers in the United States is $99,769. Yearly earnings can vary though between $36,000 and $195,000. Experience is a key salary indicator, with senior electronics engineers earning more than entry-level employees. Advanced degrees and licensing are also typically rewarded with higher salaries.

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Are Electrical and Electronics Engineers in demand?

Are electrical engineers in demand? According to the U.S. Bureau of Labor Statistics (BLS), two occupations long associated with innovation – electrical and electronics engineering – have all but stalled in their growth. The slow rate of growth in most manufacturing sectors is getting much of the blame for the stall in this occupation.