Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Salaries by Discipline
Old 05-19-2014, 04:58 PM   #1
Thinks s/he gets paid by the post
imoldernu's Avatar
 
Join Date: Jul 2012
Location: Peru
Posts: 4,616
Salaries by Discipline

Some interesting numbers on salary ranges by majors/profession/discipline, as they have evolved over the years.
America's Most Popular And Best-Paying Majors | Zero Hedge

Current ranges.
Attached Images
File Type: jpg salary ranges by discipline.jpg (85.8 KB, 132 views)
__________________

__________________
imoldernu is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-19-2014, 05:59 PM   #2
Thinks s/he gets paid by the post
38Chevy454's Avatar
 
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 1,584
I think these are low for some, but it does point out that Engineering and Computer Science pays a lot more than liberal arts. The interesting thing to see is what rate do these starting salaries go up at? In my experience, engineers are paid high out of school, but then the slope is very low for increases; whereas business starts lower, but increases at higher rate. A bit interesting that math and science are so low starting? Must be a supply and demand issue.
__________________

__________________
After Monday & Tuesday even the calendar says, W-T-F...

Semi-Retired 7/1/16: working part-time (60%) for now [4/24/16 changed to 80%]
Retired Aug 2, 2017; age 53
38Chevy454 is offline   Reply With Quote
Old 05-19-2014, 06:29 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2013
Posts: 5,326
Quote:
Originally Posted by 38Chevy454 View Post
I think these are low for some, but it does point out that Engineering and Computer Science pays a lot more than liberal arts.
One of our kid's joke is that his parents always encouraged him to do what he loved, between engineering or computer science, he could pick whatever major he loved the most.
__________________
daylatedollarshort is online now   Reply With Quote
Old 05-20-2014, 08:10 AM   #4
Thinks s/he gets paid by the post
JoeWras's Avatar
 
Join Date: Sep 2012
Posts: 2,524
Be aware that engineering and computer science are becoming globalized and it is having an effect which will eventually show up on these results.

Also, like actors, there are always the "1% ers" you hear the most about (those who cash in on startups, etc.) But there are a lot of rank and filers out there with flat and declining wages due to the globalization.

This especially affects those disciplines that can be easily done from afar, such as programming.
__________________
JoeWras is online now   Reply With Quote
Old 05-20-2014, 09:13 AM   #5
Thinks s/he gets paid by the post
2B's Avatar
 
Join Date: Mar 2006
Location: Houston
Posts: 4,330
Quote:
Originally Posted by daylatedollarshort View Post
One of our kid's joke is that his parents always encouraged him to do what he loved, between engineering or computer science, he could pick whatever major he loved the most.
That's pretty much what I did with my math/science inclined son only I also specified the branches of engineering to pick from. Civil Engineers get paid much less than Chemical Engineers.

Engineering salaries go up with experience but the real gains come from engineers moving into management. I'm no longer a manager but am ranked as a very senior engineer with a firm unrelated to the firms I was a manager in. I'm making about 2 1/2 times the current starting salaries for chemical engineers. There are people considered technology experts that make a bit more than I do.
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
2B is offline   Reply With Quote
Old 05-20-2014, 09:55 AM   #6
Full time employment: Posting here.
 
Join Date: Jun 2013
Posts: 620
It's interesting to see that although engineering and computer science majors make the most money, less than 10% of college degrees in the US are in these fields. It would be interesting to see the numbers for countries like India and China.
__________________
Which Roger is offline   Reply With Quote
Old 05-20-2014, 10:48 AM   #7
Thinks s/he gets paid by the post
38Chevy454's Avatar
 
Join Date: Sep 2013
Location: Cincinnati, OH
Posts: 1,584
There are a lot of H1 visas being issued to get engineering/computer science immigrants in to work the supposed shortage of US degreed Eng/CS. Which has the bad effect of lowering salaries for home-grown degreed individuals. Like a lot of things, this is a result of globalization and technology. However I also think it is a result of companies seeing a pool of lower cost workers.

The US did fall behind, but there is new emphasis on STEM curriculum in schools, hopefully that can increase the number of technical oriented students.
__________________
After Monday & Tuesday even the calendar says, W-T-F...

Semi-Retired 7/1/16: working part-time (60%) for now [4/24/16 changed to 80%]
Retired Aug 2, 2017; age 53
38Chevy454 is offline   Reply With Quote
Old 05-20-2014, 10:51 AM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2013
Posts: 5,326
Quote:
Originally Posted by 2B View Post
That's pretty much what I did with my math/science inclined son only I also specified the branches of engineering to pick from. Civil Engineers get paid much less than Chemical Engineers.
We actually never really gave our kids only those two choices, they just joke about our emphasis on ROI on college investment because they have friends now graduating with debt and no job prospects, and they are glad to not be in that spot. So it took a few years, but for once they kind of see now that not all our advice is totally useless.

It is like the Mark Twain quote, "When I was a boy of fourteen, my father was so ignorant I could hardly stand to have the old man around. But when I got to be twenty-one, I was astonished at how much the old man had learned in seven years"
__________________
daylatedollarshort is online now   Reply With Quote
Old 05-20-2014, 11:07 AM   #9
Thinks s/he gets paid by the post
2B's Avatar
 
Join Date: Mar 2006
Location: Houston
Posts: 4,330
Quote:
Originally Posted by daylatedollarshort View Post
We actually never really gave our kids only those two choices, they just joke about our emphasis on ROI on college investment because they have friends now graduating with debt and no job prospects, and they are glad to not be in that spot. So it took a few years, but for once they kind of see now that not all our advice was totally useless.

It is like the Mark Twain quote, "When I was a boy of fourteen, my father was so ignorant I could hardly stand to have the old man around. But when I got to be twenty-one, I was astonished at how much the old man had learned in seven years"
I gave my son the choice of chemical, mechanical or electrical engineering based on his favorite subjects. Civil engineering was left out because it is typically a low paying field except for principals in engineering firms. Most engineering branches, other than electrial, are related to chemical and mechanical engineering which make life more flexible. Having a degree in those lets you move easier between the fields. I'm a chemical engineer but I've also worked in plastics, petroleum and process industries.

My wife overheard my oldest daughter talking to her younger sister when she was being "helped" by me with her college choices. My oldest daughter told her to listen to me because I know what I'm talking about. That was a shock since I had gone around and around with her when she was starting college. My son was much less trouble than his sisters.
__________________

__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
2B is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Positive Discipline and Negative Discipline haha Health and Early Retirement 27 07-26-2011 01:07 AM
Worldwide Salaries Comparison FIREd FIRE and Money 77 03-01-2008 09:12 PM
Discipline, Temptation, and Asset Allocation Maurice FIRE and Money 27 10-29-2007 11:12 AM
Modern Discipline 2B Other topics 33 03-12-2007 06:48 PM
IT Salaries renferme FIRE and Money 18 02-13-2005 03:12 PM

 

 
All times are GMT -6. The time now is 09:04 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.