Electrical Engineers See Higher Pay, But Fewer Jobs

Median salaries for U.S. electrical and electronics engineers climbed to $101,000 in 2002, up from $93,100 in 2000, according to the latest salary survey released by the Institute of Electrical and Electronics Engineers (IEEE), even as demand for their services has decreased. Represented in 2000 dollars, after accounting for inflation, this new median income amounts to $96,677, a 3.

03/01/2004


Median salaries for U.S. electrical and electronics engineers climbed to $101,000 in 2002, up from $93,100 in 2000, according to the latest salary survey released by the Institute of Electrical and Electronics Engineers (IEEE), even as demand for their services has decreased. Represented in 2000 dollars, after accounting for inflation, this new median income amounts to $96,677, a 3.8% increase over 2000 salaries.

Despite salary gains, survey responses also illustrated rising unemployment problems. The number of U.S. IEEE members reporting involuntary unemployment increased to 4% in 2003, from less than 1% in 2001. However, this figure was substantially lower than national averages. The U.S. Dept. of Labor reported that unemployment for all electrical and electronics works reached 7% in the first quarter of 2003 and was still at 6.7% in the third quarter.





No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
Combined heat and power; Assessing replacement of electrical systems; Energy codes and lighting; Salary Survey; Fan efficiency
Commissioning lighting control systems; 2016 Commissioning Giants; Design high-efficiency hot water systems for hospitals; Evaluating condensation and condensate
Solving HVAC challenges; Thermal comfort criteria; Liquid-immersion cooling; Specifying VRF systems; 2016 Product of the Year winners
Driving motor efficiency; Preventing Arc Flash in mission critical facilities; Integrating alternative power and existing electrical systems
Putting COPS into context; Designing medium-voltage electrical systems; Planning and designing resilient, efficient data centers; The nine steps of designing generator fuel systems
Designing generator systems; Using online commissioning tools; Selective coordination best practices
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.
click me