While money is the obvious concern when conducting a salary survey,
one far more subtle theme has remained prevalent throughout the past
decade of economic upturns and downturns: Engineers want open and honest
communications with their employers. And for the most part, the readers
we interviewed in conjunction with the 2008 EE--Evaluation Engineering
Salary Survey agreed, saying job security and satisfaction come from
being informed about the health of the company.
But before delving deeper into the job security/satisfaction issue,
let's get a profile of the more than 1,600 people who responded to
the survey. The median age of respondents was 50, and the overall median
salary was $81,000, slightly down from $84,000 in 2007.
Regionally, salary survey participants working in the Pacific
sector of the nation were compensated the highest with $97,000 as a
median salary. The Mountain region ranked second at $85,000, followed by
the Northeast at $80,000, the Southeast at $78,000, and the Central
region with a $76,000 median salary (Figure 1).
The survey participants represented 10 segments of the electronics
industry ranging from field service to design/development engineering.
The people involved in corporate or general management received the
highest median salary of $99,000; second were workers in R &
D/scientific at $94,000. Placing third were component and evaluation
engineers with a median wage of $91,000 (Figure 2).
Job Security and Satisfaction
Now let's look more carefully into the roles of job security
and satisfaction. According to the survey results, 38% of those who
participated feel very secure in their present job. A total of 52% said
they are somewhat secure, and only 10% felt they were not secure.
However, 65% of the respondents indicated they did not feel more secure
in their job this year compared to last year. A total of 35% said they
did feel more secure.
"I think job security is more important than salary,"
said Mark Bunds, an HMI and software engineer for IDM Group in Houston.
He said if his employer, a company that builds large land-based oil and
gas drilling rigs, keeps him up-to-date about the company's
financial status, he can plan accordingly for the future. His job duties
also include evaluating electronic solutions for power, operator, and
logic controls.
"It is much more painful to suddenly discover that you have
been downsized," Mr. Bunds said. "To have job security, I need
open communications with management. For me, being secure doesn't
necessarily mean that I must feel like my current employment will never
end, but more that it won't end without warning."
Jim Haas, a senior design engineer for Micro-Med in Louisville, KY,
agreed that job security is more important than salary. "To have a
feeling of job security, I think it is important for the company to
communicate well with its employees," he said. "This
doesn't just include financial status but also the company's
future outlook and growth plans." Micro-Med primarily develops
products for the eye-care industry, such as digital imaging.
"Salary is not more important than job security," said
Kevin Mobley, a hardware lab manager and engineering technician for
Extreme Networks in Santa Clara, CA. "To have job security, the
company needs to provide a product roadmap to the employees of what they
will be working on," he said. Extreme Networks designs and
manufactures gigabit Ethernet switches.
Does job and career satisfaction carry the same importance as job
security? You be the judge. Of those responding to the survey, 32% said
they were very satisfied with their current job, 55% were satisfied, and
13% were not satisfied. About their overall career, 34% indicated they
were very satisfied, 56% were satisfied, and 11% were not.
"Salary is really secondary," said Mr. Bunds. "I
find that job satisfaction comes with successfully addressing challenges
that arise with the projects I work on as well as having opportunities
to advance by learning and expanding into new areas," he said.
Salary is connected to job satisfaction for Mr. Mobley, but it is
not the primary reason, he said. Good management of the company and
managers that provide support are factors that create a satisfying work
environment, the hardware lab manager explained.
"Salary is indirectly related to my job satisfaction,"
said Mr. Haas. "I have high satisfaction from working on exciting
and difficult projects and using my talents to create innovative
solutions. As an employee, I need to feel valued for those solutions,
and typically salary is one of the best ways to show it."
"I do not see where salary is directly connected to job
satisfaction," said John Sink, a senior electronic engineer at QSC
Audio Products in Costa Mesa, CA. A very high salary for a job with
stress does not help in balancing your life."
QSC Audio Products supplies sound systems used in theater, concert
venues, sports complexes, and places of worship. Mr. Sink researches new
power electronic ideas and designs, tests, and evaluates new products.
His latest work may lead to additional patents. He views the design
staff of his company as the "best group I have ever been with.
"I see work/life balance as important," Mr. Sink
continued. "A job is to get enough money to have a life. A job is
not your life."
Top Career Issues
The EE Salary Survey asked respondents to choose three of eight
career issues that were most important to them. The selection included
continuing education, job security, outsourcing, pension, professional
ethics, salary, technical obsolescence, and work/life balance. The top
picks were salary (67%), work/life balance (63%), and job security
(62%).
Mike Bowman, a test engineer at Mid-South Industries in Gadsden,
AL, said the survey results match his choice of most important career
issues. "I like to know that management appreciates me and my work
by giving me proper compensation," he said. "I also like to
have enough free time to work out and pursue leisure activities. And, I
want to know I have a job to go to."
Mr. Bowman designs and develops test solutions at Mid-South, a
company that takes ODM/OEM products from product design to manufacturing
and test. Though salary is on his list, he said it is not on the top and
does not create happiness for him in the workplace. "The current
tools and support from management" along with completing a job
successfully bring him satisfaction.
After a long career with the U.S. Air Force as a communications
electronics engineering officer and civil engineering officer, Cale
Benton Yates has a different perspective on what career issues matter to
him. He is concerned the survey results indicate that respondents care
more about how much money they make rather than the quality of service
they give to their clients.
"I absolutely require a work environment where honor and
ethics are really practiced rather than merely given lip service,"
he said. "Being professionally competent, such as not allowing my
technical knowledge to become obsolete, is a very close second priority.
Continuing education follows as my third priority."
While on active duty, Mr. Yates developed Air Force communications
systems, and as a reserve officer, he prepared and maintained squadron
civil engineering plans for use during wartime. Retired from the Air
Force and living in Independence, MO, he continues to work in the
electronics industry.
Paul Levin has always placed ethics high on his list of important
career issues. "It amazes me how often workers tell the boss what
they want to hear when they know it isn't true," he said.
"That doesn't do anyone any good, especially the
company." Mr. Levin runs his own business called APCL Enterprise in
Tampa, FL, and contracts to work with companies on projects such as
making and reselling security products.
Education and Longevity
Of the educational levels polled in the survey, the largest group
was B.S. in electrical engineering. But not everyone is a B.S.E.E. with
a median salary of $85,900. Since education is one solid basis on which
you can compare yourself to others in the industry, Figure 3 gives you
some insight into today's job market. And, as usually is the case,
the more education you have, the bigger your paycheck.
More time in the classroom seems to pay off, but does longevity in
the industry have the same return for the dollar? According to the
survey, those who worked 25 to 29 years in the field earned a median
salary of $91,000, after which there was a modest reduction. But those
who worked less than three years made substantially more money than
those who had three to five years vested in the industry. For more
results on this topic, see Figure 4.
The largest group participating in the salary survey, 28%, had
worked in the electronics industry for 30 or more years, and the second
largest, 16%, was employed for 25 to 29 years in the field. A total of
19% of the respondents said they have worked with their current employer
for six to nine years, and 18% said 10 to 14 years, ranking as the two
biggest groups in that survey category.
A total of 35% of the respondents said they anticipate that the
number of engineers at their company will increase in 2008,15% said they
predict a decrease, and the majority, 50%, foresee no change in the
number of engineers.
Of those responding to the survey, 76% also indicated that they did
not actively look for or accept a new job during the last year, and 69%
said they don't plan to actively look for a new job in 2008. Not
surprising, 80%, indicated that they do not expect to receive a
promotion this year.
COPYRIGHT 2008 Nelson
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