information you provide is encrypted and transmitted securely. To become an engineer, you will more than likely need a degree. The U.S. Bureau of Labor Statistics (BLS) projects employment growth for these workers, with nearly 140,000 new jobs expected for engineers over the 2016â26 decade. Click on a bar to see the engineering occupations with the most employment in the industry in 2016. If that sounds intriguing, consider a career in engineering. The range for our most popular Structural Engineer positions (listed below) typically falls between $42,894 and $120,011.
Other companies that offer high salaries for this role include Chevron Corporation and ExxonMobil Corporation, earning around $129,530 and $121,582, respectively. If you are looking for a stable and enriching career It’s important to not only consider the highest paid engineering jobs available, but also the engineering fields with the best potential for advancement and employment opportunities. Newly-graduated electrical engineers have a median starting salary of $57,330¹. Job growth, however, in closely-related fields, such as biomedical engineering, is expected to be much faster than average job growth according to the US Department of Labor. A median wage is the 50th percentile: half of workers in the occupation made less than that amount, and half made more. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,507 to $72,084 with the average total cash compensation of $65,086. Petroleum engineers design and oversee the production and methods for retrieving oil and natural gas from various depths beneath the earth's surface. Here are the current six highest paid engineering careers available and how the future looks for each. Filter by location to see Field Engineer salaries in your area.
Department of Labor Bureau of Labor Statistics data, combined with reports on salaries, unemployment, and career outlook from reputable sources, such as Universities, Forbes Magazine, US News & World Report, and reputable Engineering associations, such as the National Society of Professional Engineers and the American Society of Mechanical Engineers. As table 1 also shows, median annual wages for engineers vary. Some of the highest paying careers in the world are found in engineering. Before sharing sensitive information, Learn more about the top engineering career paths, compare the highest paid engineering jobs, view salary ranges for each engineering career, and figure out which is best for you. The base salary for Field Engineer I - Construction ranges from $57,517 to $69,988 with the average base salary of $64,167. Source: U.S. Bureau of Labor Statistics, Employment Projections program (employment and new jobs projected), Occupational Employment Statistics program (wages). Which alumni earn the most after graduation? Elka Torpey, "Engineers: Employment, pay, and outlook," Table 1. Scientific research and development services, Computer systems design and related services. The median starting salary for a materials engineer is $52,900¹. In industries where demand outstrips availability you will find the highest potential earnings along with job security. Hover over a bar in the chart to see the number of new jobs projected and the 2016 median annual wage for engineers in the industry.
You might consider an online engineering program that is currently accepting applicants. Skills that pay less than market rate include Microsoft Excel and Drilling Engineering. As of Jul 8, 2020, the average annual pay for an Oil Field Engineer in the United States is $67,921 a year. Of the industries shown, engineering services is projected to have the most new jobsâmore than 54,000âover the decade. Stop guessing. Salaries vary drastically between different Engineering careers. Source: U.S. Bureau of Labor Statistics, Occupational Employment Statistics program.
Salary and career advice to put you a step ahead. An experienced Petroleum Engineer with 10-19 years of experience earns an average total compensation of $134,830 based on 139 salaries. Typesofengineeringdegrees.org is an advertising-supported site. 1Data not published for percentile wages greater than $208,000. Petroleum engineers earned a median wage of $128,230 per year, the highest of all engineers. Halliburton Co pays the lowest at around $61,445. Median annual wages in selected engineering-related occupations, 2016, Office of Occupational Statistics and Employment Projections, Projections of occupational employment, 2016-26, STEM 101: Intro to tomorrowâs jobs Careers in mining, oil, and gas. Career Outlook, There are a number of different types of computer engineer careers, which we have listed below. Read more about engineers and related careers in the Occupational Outlook Handbook (OOH). Skills in Well Production Engineering, Reservoir Engineering and Engineering Design are correlated to pay that is above average. At the 90th percentile, these workers had an annual wage that was equal to or greater than $208,000, the top percentile wage for 2016 published by the BLS Occupational Employment Statistics program. Table 1 shows how many of the 139,300 jobs for engineers are expected to be added in each of these occupations from 2016 to 2026. U.S. Bureau of Labor Statistics, Our data is gathered from the Bureau of Labor Statistics, and combined with US Census Bureau data. Senior Field Engineers in the United States make an average salary of $126,786 per year or $60.96 per hour. For the list of sources complete with their website, go here.
The median salary for a computer hardware engineer is $117,220¹.
Engineers tend to earn in excess of the national average salary and this is expected by some reputable organizations to continue in the future¹. If you do not yet have a degree or you are looking to advance with a higher degree than you currently have, use our Engineering Degree Finder to quickly get matched to a program. Emerging along with computer and software engineering is data engineering. This is a relatively new field of engineering and some sources say that there are not enough computer engineers to keep up with demand while other sources say that the job growth for computer engineers will be below the national average. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $96,000 a year, while the top 10% makes $165,000. The OOH provides information on hundreds of occupations, including descriptions of the work performed, skills needed, and job prospects. Computer Hardware Engineer Did you use roads, electronics, or appliances today?
An entry-level Petroleum Engineer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $85,996 based on 142 salaries. Compare All Types of Engineering Programs. There are a number of degrees available for those interested in pursuing petroleum engineering including training online. Here is how you know. A mid-career Petroleum Engineer with 5-9 years of experience earns an average total compensation of $117,477 based on 207 salaries. The average Structural Engineer salary in the United States is $81,452 as of September 25, 2020. Materials engineers work at developing and testing materials used in the production of industrial and consumer products, as well as working with metals and fabrics, and understanding the uses of each in consumer products. An engineering degree can lead to a great salary and a highly stable and rewarding career in a variety of industry fields. Reported salaries are highest at Shell Oil Company where the average pay is $165,000. And in 2016, engineers had a median annual wage of $91,010âmore than twice the median wage for all workers.
The median starting salary for petroleum engineers is $79,270 ¹, with the mid-career salary of $137,720¹, and with experienced petroleum engineers making around the $193,430 mark¹ (top 90th percentile). Within manufacturing, the largest number of jobs for engineers were related to the production of computer and electronic products, transportation equipment, and machinery. Filter by location to see Entry Level Field Engineer salaries in your area. $94,000¹.
Petroleum engineers earned a median wage of $128,230 per year, the highest of all engineers. Industry groups anticipate many employees will retire in the next decade, just as the global demand for energy is increasing.
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