- Aug 19, 2008
- 11,050
- 3,901
- 315
Speak for yourself. Scientists in private industry get paid well. I should know.
Scientists in private industry get paid well? Compared to who? Lawyers? MBAs? Doctors? Accountants? Marketing Managers? Bankers?
Scientist & engineers are the bottom of the barrel in the professional world.
Yes, they may get paid well as compared to cashiers, but that's about it.
The reason is simple - they are part of the productive end of any business, not part of the sales or administration. They are considered to be an 'expense' - not a money maker like salesman.
So in the name of holding down expenses, salaries for scientists and engineers are held down - they are also the first to get layed off.
Not when you compare the composite salaries of all engineering graduates against all graduates in other fields. Top lawyers, bankers, MBAs and accountants make big bucks. Most however, wallow in mediocrity.
Engineers and scientists are available in fewer numbers and demand a higher salary on average.
Engineers & Scientist make a bit more right out of college, but that's about it. They don't compare, top level or otherwise with lawyers, bankers, business people or doctors...not even close.
What makes yu think that their are fewer engineers and scientists that lawyers, bankers, MBAs etc.? Possibly, fewer doctoral level Scientists and Engineers, but certainly there are plenty of bachelors & masters level. (I know engineers that get doctorate get doctorates in philosophy...weird but true).
The reason why there are so few Scoentists and engineers with doctorates is that IT DOESN'T PAY. Most will choose MBAs or go to business school rather than pursue doctorates in science or engineering...
After all every scientist or engineer has a boss with an MBA.