Engineers Get Top Pay
What is an engineering degree worth? Year after year, engineering jobs are paid the highest average starting salary. According to the U.S. Bureau of Labor Statistics (BLS) engineers have a median annual wage of $91,010 and the engineering field projects to have employment growth of nearly 140,000 new jobs over the next decade. The bottom line: it is well worth the time and effort it takes to become an engineer. So how much do engineers make?
1: Figures from payscale.com, October 2019
2, 3: Figures from National Occupational Employment and Wage Estimates, United States Department of Labor, October 2019
4: Mechatronics figures from Recruiter.com for Private Sector, October 2019
NACE's Salary Projections
Employers anticipate making engineering, computer science, and math and sciences majors the top-paid graduates from the Class of 2017, according to NACE’s Winter 2017 Salary Survey report. Engineering leads the way with an average salary of $66,097.
Bureau of Labor Statistics Occupational Outlook Handbook
"Employment is projected to grow about as fast as the average for all occupations, although growth will vary by specialty; overall job opportunities for engineers are expected to be good. A bachelor's degree in engineering is required for most entry-level jobs, but some research positions may require a graduate degree. Starting salaries are among the highest of all college graduates."
PayScale College Salary Report
"It's no surprise that STEM (science, technology, engineering and math) majors are the top college majors by salary, but that doesn't mean that we discourage students from studying majors in the humanities, social sciences, education or arts. In fact, some of those majors lead to high-paying careers as well—it just often takes a longer time for those graduates to reach their prime earning potential."