According to the Office for National Statistics’ Annual Survey of Hours and Earnings, the median salary of an engineer is £38,428 whereas for solicitors it’s £38,271 and for chartered accountants it’s £34,745. The design jobs were moving abroad and the recession was about to kill all the contracts. Privacy But that’s another story. I could go on about how real Engineers who actually do something useful in society are absolutely Compared with Medical, Law and Finance Engineering pay is well below par.
Compared with the big 4 salaries after ACA qualification, starting magic circle law training contracts, investment bank starting salaries, engineering salaries are a complete joke. Wow! On jobs websites you will see salaries of £18-23k and they are for smaller firms that can’t afford to pay their staff more with little job progression. A good PM will motivate, performance manage and manage stakeholder expectations whilst also managing a projects finances. Click here for our guidelines. You would have a net income of >£208,000 a year. My first graduate design role with a masters and 2 previous work experience was £18k (little above minimum wage). Most of the graduates have no clue what they do, and their university training has no value in the work environment. On a more serious note and based purely on personal experience; I honestly think that engineering graduates are paid too much. They’ve all seen too many episodes of “Suits”. I have no idea what differing salaries in other countries are like. Personally I find the effort to financial reward ratio in an engineering career is poor compared to certain other fields.
In my experience, professional project managers are a lot like professional politicians: limited qualifications for their role and a belief that because of their title they know everything. If you took out the people that hadn’t progressed to be managers then I’m afraid the salary is very poor and typically only a few thousand more than a graduate gets. But the commments were same as my experience, engineers earn much less than in other, higher valued fields. Why is this happening? I’m not sure about any other engineering profession but Civil Engineering salaries are low. As for status – you should get status because you are an outstanding person, not because of the job title. That could mean that many graduates go into higher earning sectors but also that others work for engineering firms in non-engineering roles such as business, management or even sales.
is it all just going into my bosses pocket. Second, leaving the UK. I did my ONC, HNC and BSc in Civil Engineering whilst working as an engineering technician. What engineering are you referring to that anyone can persue? Another month’ saving for a bicycle. But part of the problem here is that our view of professional salaries is massively skewed by the very small number of people (less than 1 per cent of earners) in finance and management who receive more than £100,000 a year, or even the 5 per cent who earn more than £50,000 a year (which includes many engineers). What they do all have however is around 30 years experience a piece whereas I’ve only 8 (plus education years which don’t count). I started my career at £18k as a graduate structural engineer. Your profession is a cost centre function, whereas lawyers see themselves as revenue generating units. They come 3 months to clear the shht and then they get fired.
I’m under 35 but the salary doesn’t get higher than that unless you become an Associate/Director where you are not an engineer anymore. I am repeatedly told that my previous design experience does not apply to non-marine engineering, so I am re-training. Demand that barriers to entrepreneurship are removed, simplified and subsidised. Let’s break it down a little. Bit by bit prices will drop. The press and universities report higher pay than above. is there an exam like there is in Germany, USA, Canada? I guess in business you have to decide whether you want to be the head of the dog or the tail. I actually asked to see his degree and sure enough he does really have one. The average salary for Design Engineer jobs is £42,500. Oil & gas engineers, railway signalling engineers, mining engineers, marine salvage engineers, can often earn £90-150,000 a year, albeit sometimes working in rough locations, and often in tax-free countries. The fundamentals of capitalism which allow those few who earn outrageous amounts of money is funded by the fact their workers earn undesirable salaries and this article outlines this problem quite nicely whereby it shows how underpaid the engineering profession is.
From this you then become an engineer at around £30k-£35k, then with chartership with the ICE, you can push up to senior engineer of around £40k. With a really frugal lifestyle you spend another £10 per day and person for groceries. Now say engineers aren’t underpayed. It has also been my experience over the past forty years that there is a constant refrain about the so called shortage of engineers in the UK emanating from the IEE/IET. Owning your own business is the way a lot of people with no formal qualifications at all will beat you hollow when it comes to income. In America, the average mechanical engineering graduate starts out at around $50k. Here is the truth in your face. You might say “Well they get paid so much more in the City”. There seem to be only two ways to progress financially as an engineer. Read on to find out how much Design Engineer jobs pay across various UK locations and industries.
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