What is engineering's average salary and its rate of rise in 10 years (2 Viewers)

kooltrainer

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im doing eng/com at unsw. Went to Oweek and looked in one of the graduate booklets. I realised the pay for civil eng isnt all that great; compared to other branches of engineering.

Civil [professional]: 46k-55k
Chemical/Material: 50k-60k
Electrical : 49k-60k
Mining: 55k-80k
Mechanical: 48k-60k

In fact, its about the lowest of them all. Asked some of my friends in the commerce sector, they were all surprised coz they were all expecting something like 60-70k for their finance and/or actuarial jobs. Investment bankin gets 80k
I mean 40 ish K for civil professional, thats almost the pay for a very hard working unskilled worker. =/

Anyway, any one of u working graduates can confirm this figure?

I also heard its hard to go up the paying ladder. Not as easy as commerce jobs where pay rises from 40 to 60 in few years. Civil will be stuck under 90k even after 15 years

that graduate booklet is 2009 updated btw.
 

henry08

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The figures for Civil Eng look a little low. Grad salary would be at least 50K, althoguh not mroe than 55K yes.
 
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ahaha those figures are all very conservative i think
all grads i know started on 50k+ and many are onto 100k+ in 5 yrs
depending on hrs and shit and what they are actually doing
 

kooltrainer

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yea, i doubt eng will go anywhere near 90k in 5 years... still prob be around 60k .. ffffkk
 
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lol if you cant make over $90k after 5yrs in civil you are a fucking sped cunt and you should kill yourself

local govt engineers make that and most arent even bachelor qualified haha
 

shady145

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are those figures for 2008 and 2009? as in the time during the 'recession' :p i think they would go up.
 

duckcowhybrid

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Do Marine. My dad does it and earns 110k a year in a fairly mediocre job (Sydney Ferries).
 

goony

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Sounds pretty conservative. Most grad programs for the traditional engineering fields (electrical, mechanical, civil, material etc.) get at least $60k. Then again, not all graduating engineers go on grad programs (consulting, small private firms, etc.).

For electrical engineers at RailCorp, Transgrid, Integral, Energy Australia etc (basically anywhere in the power sector), they usually start out at around $60-70k on the grad programs and then jump to $75-90k as project or design engineers after about 1-2 years. That's pretty much where you'll stay for the next 5-10 years unless you decide to jump to management (pays upward of $100k, but there's more pressure and responsibilities) or if you're very good at what you do, or if you can fill a niche role within the organisation.
 

SylviaB

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if you're picking what branch of engineering you'll do based on the expected pay, you probably won't have the dedication to increase your salary by much
 

-Lemon-

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Civil [professional]: 46k-55k
Chemical/Material: 50k-60k
Electrical : 49k-60k
Mining: 55k-80k
Mechanical: 48k-60k
LOL thats so sad,
Finance + Honors and you start at minimum of 100k, and then within 10 years you have 150k base + 150k bonuses, then if you go to hedge fund with 7+ years of exp you'll be getting at least 250k + around 700k in bonuses per year.

Engineering is a joke., monkeys get paid peanuts I guess.
 

mitchy_boy

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It's like any proffesion, if you're good at it, the money will come.
 

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