Professional Documents
Culture Documents
Chemical Salaries Show
Chemical Salaries Show
������� ���������������
���������������
������� ���������������
five-year-long slump ������ ������
���������������
������ ���������������
������
D
������ * Dashed lines
uring the first half of this de-
indicate 2004
cade, painting a rosy salary pic- � data that have
� � � � �� �� �� �� �� �� �� �� �� been adjusted
ture for chemical engineers has for inflation to
��������������������������������
been impossible at times, and at Source: EWC 2005 equivalency
best required a creative flair. Forget
FIGURE 1. According to the latest figures from the Engineering Workforce Commis-
gaining ground — amid salary freezes sion of the American Association of Engineering Societies, Inc. (EWC; Washington,
or raises that lagged inflation, Ch.E.s C.C.; aaes.org/ewc), U.S. ChEs were generally worse off in 2005 than they were in
were doing well in 2005 if they didn’t 2004 if inflation is considered (Table 1). If the EWC’s 2006 survey, to be published in
take steps backward (Figure 1). For- September, follows suit with the industry surveys that have been published so far,
more-favorable results will be in the cards
tunately, the first salary data and em-
ployment analysis for 2006 suggests employees, he says. Counter-offers wit- nearly five years. “There have been 33
that we’ve come to a turning point. The nessed by his firm are currently at an consecutive months of job growth, and
pot of gold may still be out of sight, but all-time high. “Whereas two years ago,” earnings over the past twelve months
the silver lining is shining bright. he compares, “a company would wish have increased by 3.7%.” A relevant
The job market for chemical engi- you well and send you on your way.” fact that Chao’s assessment doesn’t
neers is as active as we’ve seen it in In the U.S., this positive outlook consider, however, is that another fa-
the past five years, says Rich Brandeis, reflects the generally improved stand- miliar measure of economic activity —
a senior partner for CPS, Inc. (West- ing of the American worker these inflation — saw a 3.7% leap between
chester, Ill.; cps4jobs.com), a recruiting days. Referring to the U.S. Bureau of 2005 and 2006.
firm that specializes in placement of Labor Statistics’ May 2006 employ- Such devaluation is what takes the
Ch.E.s. While initial salary offers are ment numbers that were released last kick out of the increases that many
certainly improving, the most notable month, U.S. Labor Secretary Elaine National Society of Professional En-
difference is in the aggressive efforts L. Chao said that unemployment in gineers’ (NSPE; Alexandria, Va.; nspe.
that employers are taking to retain this country is at its lowest point in org) Engineering Income and Salary
���������������������������������������������������� ������������������
������� �������
�����������������������������
���� �����
�������
���������������������
���� �������
�������
�������
������
������
������
������
������ ������
������ ������
�
� �
���
��
�
��
��
�� ��
�
��
��
��
��
�� ��
��
��
��
��
���
��
��
��
�� ��
���
��
��
��
�
��
���
��
��
�� �
��
��
�
�� ��
��
��
FIGURE 2. In terms of compensation, chemical and petro- FIGURE 3. According to 2006 NSPE respondent data (Table 3),
leum engineers are usually at or near the top (Table 2) the Ch.E. gender gap may be headed for extinction
Circle 17 on p. 43 or go to adlinks.che.com/6514-17
Newsfront
the fact that female engineers, at least last word on the global situation for power sector has seen the most dra-
historically, have not necessarily been chemical engineers, so it's encourag- matic rise, of 17%, over the past two
promoted as quickly as their male ing to hear that the picture in the U.K. years, and the survey now reports a
counterparts. is fairly bright. Salary data collected median salary of £50,000 for chartered
Data from a report released in May by the Institute of Chemical Engi- chemical engineers.
2005 by the U.S. Department of Labor neers (IChemE; Rugby, U.K.; icheme.
appears to support the conclusion that org) shows that the average earnings ChE graduates still in the lead
glass ceilings are giving way to equal for chartered chemical engineers in In a job market that is seeing higher
mobility. According to Women in the the U.K. and in the Republic of Ireland starting-salary offers to college gradu-
Labor Force, women in the U.S. held now exceed £53,000. Published in May, ates, chemical-engineering majors
half of all management, professional, the biennial salary survey reveals can expect to see the highest offers,
and related occupations in 2004. And, that salary increases have kept ahead on average, according to a report by
from 1979 to 2004, women’s earnings of inflation across all CPI sectors, and the National Association of Colleges
as a percent of men’s increased by 18%, that chemical engineering maintains and Employers (NACE; Bethlehem,
from 62 to 80%. Meanwhile, nearly its position as the best paid of all the Pa.; naceweb.org). The 2005-2006 en-
33% of women age 25 to 64 held a col- mainstream engineering disciplines. gineering majors garnered the four
lege degree in 2004, compared with Like those of U.S. surveys, results highest starting-salary offers and
about 11% in 1970; and, among 2004 from over 3,500 IChemE respondents five of the top-10 spots, says Marilyn
high school graduates, young women show that the oil sector continues to Mackes, NACE’s executive director.
were more likely than young men to be the most lucrative sector, with sala- Nearly all engineering disciplines
enroll in college (72% versus 61%). ries averaging £70,000 for chartered posted solid increases, the survey says.
engineers. Contracting and consul- The average starting offer to chemical
Earnings outside the U.S. tancy rank in second and third place, engineering graduates rose 4.2%, to
Economic activity in the U.S. is some- with salaries averaging £59,000 and $56,549. ■
what representative, but hardly the £53,000 respectively. Income in the Rebekkah Marshall
Circle 19 on p. 43 or go to adlinks.che.com/6514-19
24 CHEMICAL ENGINEERING WWW.CHE.COM JULY 2006