The Job Chase

Discussion in 'Economy' started by rdean, Aug 18, 2010.

  1. rdean

    rdean Guest

    Seems the manufacturing location of choice has changed, so the jobs have left. It's not that there can't be more jobs; manufacturing has been driven away in search of higher profits for that shareholder meeting.

    In my friend's case, his ultimate customer has just lost some business. There's no technology in place to maintain the business. And that's really strange because the president would rather spend $100,000 to replace two people than to keep them.

    He came to realize the lack of jobs means there are fewer people to buy the goods in the first place. No working people, no income to buy goods...and so on. Although he said he understood, he made no bones about it not being his responsibility.

    Then whose responsibility is it?

    The Job Chase

    Despite Job Worries, Engineers' Salaries Show Slight Increase

    Electrical engineering is the most popular degree held by our participants (41%) and still holds the top spot for compensated degrees at $87,921, but business management and computer science degrees showed surprisingly huge jumps in our survey, ramping up to $85,577 and $83,684, respectively. Mechanical engineering degrees showed just a slight increase at $83,672. While the type of degree saw some major shuffling from 2008 results, the level of education still held true to form. Doctorate degrees dipped only slightly from $109,860 to $107,778 at the head of the pack. The remainder of education levels held fairly true to the salaries of 2008, with more education translating into a higher salary. Master's degrees demanded $98,582, and four-year college degrees earned $86,244. Almost 70% of respondents to our survey hold at least a four-year degree.

    Cashing in on Education
    Despite almost two-thirds of survey participants saying their companies laid off workers in the past 12 months and another 55% saying they had hiring freezes in place, 63% of participants said their companies offered continuing-education reimbursement, and more than half relied on supplier-led classes. Mentoring (39%), internships (33%) and company classrooms or labs (31%) also were cited as being offered by participants' companies.

    Survey respondents said that when they began their careers as controls engineers, supplier classes were important training tools for them (51%). Mentoring also was important, cited by 49% of participants. Reimbursed continuing education (40%) and first-year on-the-job training (33%) also ranked fairly high.

    2009 Salary Survey | Despite Job Worries, Engineers' Salaries Show Slight Increase | Control Design

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