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The number of participants in the survey also has steadily increased with 1,830 for this years survey versus 1,258 in 2006 and 1,205 in 2005 the first year the survey was available. Chemical Processing readers were invited via e-mail, electronic newsletter or at www.ChemicalProcessing.com to participate in the online survey.
Perhaps the survey respondents sum things up best. The future of an engineering degree appears to be brighter than ever, says one participant. The U.S.A. will continue to need bright and dedicated individuals to apply their technical skills and knowledge to solve ongoing problems for many years. Therefore, I would tell an individual that if they have an interest in things technical, an engineering degree will open many doors, and provide a fruitful and fulfilling career.
Good opportunities lie ahead, comments another participant.
Stick with it. Engineering is a challenging field, but the rewards are worth the time and effort spent, says yet another.
Further delving into the survey results reveals the average age of respondents has dipped to 46.3 this year, compared to 47 in each of the prior surveys. The top three annual salary ranges for respondents are between $95,001 to $100,000 (128 or 7.3%), followed closely by the $125,001 to $150,000 category (127 or 7.2%) and then the $90,001 to $95,000 (119 or 6.8%) range.
For wage increases, 1,066 (61.6%) of respondents say they received a raise of between 2.5% to 5%. Another 319 (18.4%) say they received a less than 2.5% raise, while 135 (7.8%) got 5.1% to 7.5%. Additionally, 88 (5.1%) or respondents garnered more than 10% while 27 (1.6%) received a pay cut. More people reported having received a salary increase in less than one year (1,215 or 69.7%) compared to 2006 respondents when (770 or 63.5%) said the same.
Does the job bring satisfaction?
Not surprisingly, along with salaries, bonuses and raises, respondents overall job satisfaction also improved (Figure 1).