The difference between a bachelors degree salary and a Phd salary is $15248? I wonder if it pays to go back to school to get a Phd?
The other oddity is that age 45-54 is the peak salary range then the decline with age. Is this age discrimination? Or are older engineers staying put in their current job knowing the likelyhood of the first thought?
One final inquiry, is the cost of living in the mountain region higher than the midwest and the southeast? They seem to make a little more than these areas. I might think about moving if the cost of living is low and the salary is higher! This is beautiful country in the Rocky mountains!
Thanks for posting this, Lauren. I'm not an engineer but it's always interesting to see what people are being paid and what the climate is for these type of jobs. I suppose it's hard to really say what "fair" pay is--I would imagine most people aren't being paid what they are really worth. But in any job, sometimes appreciation goes a long way, so good to know engineers are feeling valued by their employers.
Last year at Hannover Fair, lots of people were talking about Industry 4.0. This is a concept that seems to have a different name in every region. Iíve been referring to it as the Industrial Internet of Things (IIoT), not to be confused with the plain old Internet of Things (IoT). Others refer to it as the Connected Industry, the smart factory concept, M2M, data extraction, and so on.
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