2004 Salary Survey
Kirt's Cogitations™ #90

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2004 Salary Survey

Electronic Design's 2004 Reader Profile Survey results are in. According to over 2700 respondents, 60% of us think we are paid appropriately at around $92k (average total compensation presented herein). Managers are making a little less than last year while the worker bees made about the same. Engineering managers made the highest pay, while manufacturing/production managers made the least. The salary gap between women and men is closing as women received greater raises (in %) than men. IC designers were the highest paid engineers ($97k) while MEMs designers made the least ($84k). Defense electronics engineers averaged $89k. The Pacific region had the highest compensation at $106k while NW central and SE Central regions reported $81k. Earnings peaked for engineers with 35-39 years of experience while those with 1-4 years made $62k. Those with <1 year made $70k, indicating higher starting salaries. Companies with revenues of $1B-$4.9B paid the highest while $5M-$9M companies paid $83k. Doctorates received $111k, Masters $104k, Bachelors $86k, Associates $69k, and, oddly, those with only a HS diploma made $78k. The peak earning ages are 40-49 years old ($96k), and 20-29 year-olds made $65k. %95 of us are on a payroll while only %6 are self-employed. The top job satisfaction factor was the challenge. Compensation came in 3rd. The average work week consists of 52 hours (work + home). 36% of companies are hiring and 9% of us are looking for a new job. Avionics and IC companies are doing the most hiring. Look for the full report in your mailbox or possibly online soon.

A huge collection of my 'Factoids' can be accessed from my 'Kirt's Cogitations' table of contents.

Topical Smorgasbord, another manifestation of Factoids, are be found on these pages:

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 |
| 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 |

All pertain to topics that are related to the general engineering and science theme of RF Cafe.