Report: Engineers getting larger pay raises

A study by Hewitt Associates reports that professionals in engineering will see bigger boosts in their paycheck than people in other industries.



A recent report by Hewitt Associates —a Lincolnshire, Ill.-based human-resources consulting firm—states that U.S. pay raises in 2009 will be at the lowest level in more than 30 years. However, engineers might be better off than professionals in other fields.


According to the study, salaried workers will receive an average salary increase of 2.5% in 2009, down from 3.8% as projected back in July. While the report predicts people in the automotive and banking industries will have the lowest projected increases (1.4% and 1.3%, respectively), employees in the engineering and construction fields will have the highest—4.5%.


“Engineering is an extremely hot industry and thus that is reflected in the pay increase rates,” said MacKenzie Lucas, public relations specialist for Hewitt. “Additionally, to some extent, these industries are benefiting from long-term contracts


However, as the economy continues through rough territory, those numbers could shift further. Hewitt’s report also found that the recent economic situation and/or cost pressures have prompted 50% of respondents to make significant changes to their base salary spending in 2009, and another 25% indicated that they are still considering such changes.


Hewitt’s December survey polled 640 large companies, representing nearly 13.5 million employees in the United States.


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.
Exploring fire pumps and systems; Lighting energy codes; Salary survey; Changes to NFPA 20
How to use IPD; 2017 Commissioning Giants; CFDs and harmonic mitigation; Eight steps to determine plumbing system requirements
2017 MEP Giants; Mergers and acquisitions report; ASHRAE 62.1; LEED v4 updates and tips; Understanding overcurrent protection
Power system design for high-performance buildings; mitigating arc flash hazards
Transformers; Electrical system design; Selecting and sizing transformers; Grounded and ungrounded system design, Paralleling generator systems
Commissioning electrical systems; Designing emergency and standby generator systems; VFDs in high-performance buildings
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.
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me