Salary and satisfaction go hand in hand. Those who said they are extremely or very satisfied with their job are making the highest average salary ($101,773), with a bonus of $13,389. By comparison, the average salary was $92,348 for engineers who are somewhat satisfied and $81,926 for those who are not very or not at all satisfied.
When it comes to how challenging their job is, 52 percent said their job is extremely or very challenging. Factors contributing to the daily challenge include workload, balancing work with personal life, and keeping up with technology. Compared to two years ago, 42 percent said their job is now more stressful, and 44 percent said their stress level has stayed the same.
When discussing job security, 23 percent of engineers said they are extremely or very concerned, while 42 percent said they are somewhat concerned. On the other end of the spectrum, 6 percent said they are not concerned at all. Their comments included "There are plenty of jobs out there for good engineers" and "If I become unemployed I will find another job." The remaining 30 percent said they are not very concerned about their job security.
Forty-four percent of the engineers said their company has added personnel in the past 12 months, while 27 percent said they have seen layoffs or downsizing in the last six months. The average workforce reduction reported by engineers was 15 percent; the average reported workforce increase was 14 percent.
The grass isn't always greener on the other side, but it never hurts to keep your eyes open for new opportunities, which is exactly what 33 percent of engineers are doing. Fifty-nine percent of engineers said recruiters have contacted them in the past year. On the contrary, 44 percent say they are perfectly happy with their position.
Interesting that the results of our survey seem to buck the current feeling in the general populace around a stalled economy and stagnant economic growth. I'm running into this mixed messaging a lot lately, depending on the geographic location of who I'm talking to and the type of work/industry sector that they're in. Part of me thinks some of the current economic doom and gloom is too tied to what's going on abroad and the upcoming election, yet there are still so many hard-to-ignore signs that growth hasn't returned to where people expected after four years of "the great recession." In any case, I'm pleased to see engineering as a bright spot and hope there's some kind of filter down or filter up effect for the broader, global economic ecosystem.
By refining topologies and using new fluid technology, Moog's new peak sine drive controller increases available power without increasing controller volume.
Lantronix Inc. has expanded its line of controllers for sensor networks with the release of a rugged controller that improves management of automation systems used in a number of industries, including manufacturing, oil and gas, and chemicals.
Inspired by the hooks a parasitic worm uses to penetrate its host's intestines, the Karp Lab has invented a flexible adhesive patch covered with microneedles that adheres well to wet, soft tissues, but doesn't cause damage when removed.
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A quick look into the merger of two powerhouse 3D printing OEMs and the new leader in rapid prototyping solutions, Stratasys. The industrial revolution is now led by 3D printing and engineers are given the opportunity to fully maximize their design capabilities, reduce their time-to-market and functionally test prototypes cheaper, faster and easier. Bruce Bradshaw, Director of Marketing in North America, will explore the large product offering and variety of materials that will help CAD designers articulate their product design with actual, physical prototypes. This broadcast will dive deep into technical information including application specific stories from real world customers and their experiences with 3D printing. 3D Printing is
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