<p>Engineering</a> Salary Calculator | EngineerSalary.com</p>
<p>Fun way to kill time.</p>
<p>Engineering</a> Salary Calculator | EngineerSalary.com</p>
<p>Fun way to kill time.</p>
<p>What was your salary?</p>
<p>I’m taking my email to HR!!</p>
<p>Wow. I am super-crazy overpaid, according to this. I will <em>not</em> be taking my e-mail to HR.</p>
<p>Aibarr, come on now. We all know that there’s no such thing as an overpaid engineer.</p>
<p>Now, overpaid consultants and investment bankers, we’ve plenty of those.</p>
<p>Oh, right. I forgot. I remember now, I’m underpaid and shall complain accordingly. ;)</p>
<p>Grossly overpaid at the expense of taxpayer… :p</p>
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<p>Well, you should complain. You deserve to be paid more.</p>
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<p>We’re having more layoffs tomorrow. I think I’ll wait a couple weeks.</p>
<p>Practically every engineering company that I know conforms to the 20/80 rule, where the top 20% of the employees do 80% of the work. From everything I can tell, you’re clearly within that top 20%. What I think companies should do is fire that bottom 80% and redirect their pay to the top 20%.</p>
<p>That’s really neat.</p>
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<p>But who would I feel superior to, then? ;)</p>
<p>Well, if I got paid 5x more (by firing the bottom 80%), I don’t think I’d need to feel superior to anyone. =D</p>
<p>Good point, Kyt! =)</p>
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<p>Agreed…</p>
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<p>All joking aside, aibarr, from the admittedly limited information I obtain on this forum, you truly are one of the more talented and dedicated engineers, and you probably do deserve higher pay. Granted, I understand that demanding it now would be politically infeasible, but when the economy recovers, you should feel no compunction whatsoever in demanding every penny that you’re worth. I only wish that every talented engineer would do the same. That way, the best engineers really would earn just as much as the investment bankers do.</p>
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<p>A sr. engineer at LA DWP is paid around 200ish k/yr, and that is after 20 something years of career…
An associate at an ibanking firm is probably paid that much money right after he/she got an MBA, not to mention that he/she’s probably in his early or mid 30’s.</p>
<p>Sadly, I don’t think engineer’s salary is going to match ibanker’s in the next 10-20 years…</p>
<p>And the DWP is probably amongst the highest paying engineering firms I’ve ever known. Most engineers could never even dream of making $200k at any time in their entire careers unless they move to management, and even then it would be a stretch.</p>
<p>More importantly, Ibanking pay at the (MBA) associate level is around $200k-$250k * just to start*: pay can rise very rapidly afterwards, potentially hitting 7 figures after 5-10 years. Goldman Sachs may pay average bonuses of nearly $800,000 to each employee - including secretaries and lower-level analysts - for this fiscal year. Now, obviously, the secretaries and lower-level analysts will make bonuses that are far smaller than that average, but that must then mean that the higher-level bankers will make far more. I doubt there’s an engineer in the world who could ever dream of making 7 figures in a single year from a pure engineering pay packet (that is, not counting entrepreneurship or startup equity).</p>
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<p>Out of curiosity, where are you getting that info? On the Zweig White salary survey for civil engineers, there isn’t a single salary on there that’s even <em>close</em> to that high…</p>
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<p>Thank you for the compliment… I always negotiate my salary, and I always negotiate for annual raises when the economy doesn’t foreshadow layoffs. It’s generally a good idea to negotiate for raises if you’re contributing good things to your company… The worst they can really say is “no”.</p>
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[Los</a> Angeles Daily News LADWP Salaries Search](<a href=“http://lang.dailynews.com/socal/ladwpsalaries/?appSession=950183237080493&RecordID=&PageID=2&PrevPageID=2&cpipage=1&CPIsortType=asc&CPIorderby=AnnualSalary]Los”>http://lang.dailynews.com/socal/ladwpsalaries/?appSession=950183237080493&RecordID=&PageID=2&PrevPageID=2&cpipage=1&CPIsortType=asc&CPIorderby=AnnualSalary)</p>
<p>It’s also mentioned here [More</a> than 13% of DWP workers are paid $100,000 and up - LA Daily News](<a href=“http://www.dailynews.com/ci_7040820]More”>http://www.dailynews.com/ci_7040820)</p>
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My point exactly… engineering salary is not comparable with ib associates, and will not be in God knows how many years. I’ve known some people that went to USC for their MBA and managed to switch to ib from boeing or northrop.</p>
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If the economy wasn’t this bad, one of many ways people usually get their raises is to move to different companies…</p>