Wednesday, September 28, 2011

Salaries rise for engineers despite higher unemployment

"Salaries for engineers have been increasing, despite a weak economy and a higher-than-normal rate of unemployment for this group, according to the IEEE-USA.

"For all engineers, median income, including salary, commissions, bonuses and net self-employment income, increased from $113,500 in 2009 to $118,000 in 2010, or by 3.96%, according the IEEE-USA's annual salary survey.

"For software engineers, the median salary grew from $104,000 in 2009 to $109,000 in 2010, a 4.8% increase. That uptick helped make up some lost ground from 2008, when salaries were at $105,210.

"The IEEE-USA's data was based on responses from more than 17,000 IEEE members who responded to an Internet-based survey."


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