US demand for engineers boosts salaries

US demand for engineers boosts salaries
Tom Foremski
Strong US demand for electronic engineers has resulted in a major boost in salaries according to a survey by the IEEE-USA.
Electronic engineers earned a median salary of $82,000 in 1998 compared with $72,000 in 1997. The survey also showed an increase of almost 20 per cent for engineers working as independent contractors. The salary increase is the largest recorded during the 17 years that the IEEE has carried out its salary surveys.
The survey found that recent graduates showed the best improvement in salaries while more experienced engineers with about six years of work history were on average earning less than the recent graduates.
The top earning jobs were engineering managers, solid state circuit designers, communications engineers and developers of lasers and electro-optic circuits.

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