Why are we all so dumb?

<p>Look under mean base salary on the page you posted the link for BBAs. It shows US at 53k and non-US at about 49k. The weighted average (97% are US) should be around 52, but the page shows it at 56k. The 56k is an error.</p>

<p>I estimated $62k for engineers by looking at the major ones (cheme, meche, electe) and saw they were in the range of $60-65k. I didn’t include the less well known ones.</p>

<p>The median is more meaningful than the mean. I don’t know how that is for the mean, but there’s better detail on the most recent link I posted.</p>

<p>For engineering the 5 largest programs have median starting salaries of 57250, 65500, 59500, 60000, and 60000.</p>

<p>And by the way, the weighted mean using those two numbers (which I think are probably wrong anyway) is over 53k.</p>

<p>I’d also like to point out that 68.4% (238 people) of the BBA’s are seeking employment.</p>

<p>My job offer (for my current job) came in $12k lower than I thought I was worth. I was pretty upset because I definitely thought for the work/time/results that I’d put out I should be paid more. However, it occurred to me that they have me over a barrel… If it wasn’t a requirement to pay for things in life I’d work for them for free. The opportunity was too good to pass up, even if I wasn’t making <em>that</em> much money.</p>

<p>8 months later I generally feel the same way. It isn’t about the money… though sometimes I do feel taken advantage of when working 60 hour weeks and producing results…</p>

<p>And yes, my time is worth much much more than a damn business person. I create wealth, they just move it around.</p>

<p>rocketDA, 12k lower is a lot, are you talking about 12k lower then average salary for your qualifications or relative to what you think you were worth? I ask because your saying that there are opportunities that are too good to pass up that don’t make ‘that’ much? And I thought opportunities that are too good to pass up would automatically be average or above average pay based on qualifications such as, like M.S. or Ph.d., # yrs experiences.</p>

<p>Every company that can’t pay industry average will try to sell the employees that the work they do is cool, the work environment is unbelievable, and the experience that the employee will gain is well worth the cut in pay. I drank the Koolade for a couple years fresh out of college. Then I started making real money and realized how naieve I was back then.</p>

<p>RocketDA is exactly right to say that you have to work somewhere, and in a bad economy, you might have to take less money that you want. However, I don’t see a good reason for an underpaid employee to not send their resume out and see if a higher paying company will hire them.</p>

<p>“rocketDA, 12k lower is a lot, are you talking about 12k lower then average salary for your qualifications or relative to what you think you were worth? I ask because your saying that there are opportunities that are too good to pass up that don’t make ‘that’ much? And I thought opportunities that are too good to pass up would automatically be average or above average pay based on qualifications such as, like M.S. or Ph.d., # yrs experiences.”</p>

<p>I am paid above average for an engineer right out of school. I’m paid about average for what people from my school (with BS degrees) make right out. Based upon the type of work that I would be doing and my level of experience right out of school (which I would equate to 1-2 years industry) I thought that I should be making more money. I actually still do believe that given the tasks I’m given and the timelines/ budgets/ requirements I’ve met or exceeded I should be making more money. I’m only 23 so I have quite some time…</p>

<p>“Every company that can’t pay industry average will try to sell the employees that the work they do is cool, the work environment is unbelievable, and the experience that the employee will gain is well worth the cut in pay. I drank the Koolade for a couple years fresh out of college. Then I started making real money and realized how naieve I was back then.”</p>

<p>Now many of the people that I work with (especially the ones closer to my age) have MS and PhDs. I was a bit of an exception to the norm in that I only have a BS degree. I guess I felt/feel quite honored to be given this opportunity and they did not have to toot the work environment and coolness factor. I developed that notion on my own. (Think early Google but with big space rockets!) Even if I don’t end up working here for more than a few years, it is an incredible place to learn and will ultimately be an incredible shining star on my resume (though that is NOT the reason I’m doing this!).</p>

<p>Sometimes you have to take a step back and ask, “Well, will I be making enough money to live and save a little? Am I still young and is there still time to view this as a paid learning experience? Will I be willing to live with less money to do the things I’ve wanted to do my whole life?” If you answered ‘yes’ to all of these things you’ll find yourself making a decision just like mine.</p>

<p>“RocketDA is exactly right to say that you have to work somewhere, and in a bad economy, you might have to take less money that you want. However, I don’t see a good reason for an underpaid employee to not send their resume out and see if a higher paying company will hire them.”</p>

<p>I think I generally agree with what you are saying here. </p>

<p>Don’t loose sight about what percentage of the population is really technically competent. I’d give estimates no higher than 1%. Based upon that, I think/feel that technically competent people should be the first ones to be employed. They have the power to generate wealth unlike other unskilled workers. I think that if you are good/great engineer, you should be able to find a pretty good job no matter the economic climate. Unless society completely collapses, there will always be a need for power generation, bridge maintenance/design, building design/maintenance, etc. </p>

<p>Now, whether or not that is the case is a different story. I think we are less prone to being unemployed but not completely invincible.</p>

<p>I guess what I’m trying to get at is that over the past few months when things have been rough (and believe me, they can get pretty rough when you are a young person with such huge shoes to fill), I do remember that I am 23 and highly skilled compared to the vast majority of the population and that I can likely make a living doing something other than waiting tables should I get fired tomorrow. It is empowering to know that even if your employer decides to pull the plug because they set impossible expectations for you that you can turn around and become their worst nightmare by working for a competing company and making it personal.</p>

<p>:P</p>

<p>Just my 2 pesos.</p>

<p>Here a case in point. I think this job opening just screams “low pay”.</p>

<p>The most awesome job you’ll ever have… </p>

<p>Mechanical engineer to design and test subsystems for unmanned aerial vehicles (UAV’s), sound studies, acoustic analysis, shock and vibration studies, test fixture design, fabrication skills and enthusiasm about getting your hands dirty a must! We work with a variety of projects from engines to fiberglass to acoustics. Very high responsibility-lead designs as a new grad.
Awesome, small-co, We work in a small town. We work fast with the best equipment, but we work in a beautiful rural setting. Excellent Benefits! </p>

<p>If you’re looking for glitz, glitter, and a sea of Dilbert-type cubicles this is not for you. If, on the other hand, you’re after max-experience, in min-time and kick-ass projects, then compete for a job at Sagetech. </p>

<p>Due to our military contracts, US citizenship is required. This is for hard working people only. If you have a problem working on military systems this isn’t the job for you. You’ll have more responsibility and gain experience faster in this job than working for large firms… Guaranteed. </p>

<p>R/C Modeling experience is a plus. </p>

<p>Proficiency with Windows applications including Microsoft office suite a must. Computer programming and knowledge about electronics is a plus. This is for hard working people only. Applicants must be very fast and highly fluent using a computer. If Windows confuses you, this job is not for you. </p>

<p>Position located in White Salmon, WA, an awesome place to live and a veritable sports mecca. World-class windsurfing, kite-boarding, mountain biking, kayaking, skiing, snowboarding, snowshoeing, hiking, rock climbing, mountain climbing all right here! </p>

<p>We think White Salmon is an ideal place to raise a family because most of the residents have made a conscious decision to live here. This means that the community is more pro-active and friendly than you might find in other areas. It’s not the big city (Portland is an hour by car), but it has more charm than anyplace we’ve been. </p>

<p>Excellent Benefits!!! Fantastic full health/vision plan, 13days paid time off/year PLUS holidays. 401K match, free sodas at work, free meals for late workers, the list goes on.</p>

<p>rocketDA, OK I was thinking you meant below average</p>

<p>At my company, a new engineer who works here and does 60 hour weeks for a year will pull in around $80k.</p>

<p>bigtrees, out of 37 applications only three bothered to review my resume. Thats not an ordinary company to begin with. Lucky you.</p>

<p>Well in my country by doing engineering u secure your future as it is easy to get a decent paying job for an engineer. However business majors have to sruggle realy hard to find a half decent job. But if they find something good they usualy hit the jackpot and make big bucks but how many of the thousands of business major actually get one? Only a handfull.
About the mid career pay dont some of the businessmen usualy go onto make millions by this time whereas quite a few of the others only go not much higher than what they started with. When you average the salaries of the 2 groups thats why their salaries end up so hiegh up</p>

<p>Where do all y’all work at? If you don’t mind saying.</p>

<p>Live in Pakistan. I am going to do engineering in undergrad.</p>

<p>“Where do all y’all work at? If you don’t mind saying.”</p>

<p>Actually, I DO mind. Let’s talk about where other people work (rather than me)…</p>

<p>rocketDA, get over yourself. If you really do not want people to inquire about where you work you would not post stuff like this. Instead you always post things that simply draw more attention. If you don’t want people to know where you work you should never even talk about the slightest details about your company and you would have no problem. You act like you are the only person who works in defense contracting or somewhere that is very specialized or well known in a certain area. If you really don’t want people to ask about your company, you should be more reserved about details.</p>

<p>There are thousands of people that do not want to reveal where they work, they just don’t go on the internet and make insinuations about it.</p>

<p>I’ve heard that Blue Origin is a great place to be a summer intern.</p>

<p><a href=“http://talk.collegeconfidential.com/engineering-majors/856708-best-summer-internships.html?highlight=blue+origin[/url]”>http://talk.collegeconfidential.com/engineering-majors/856708-best-summer-internships.html?highlight=blue+origin&lt;/a&gt;&lt;/p&gt;

<p>Ali, are you Nustian?</p>

<p>“There are thousands of people that do not want to reveal where they work, they just don’t go on the internet and make insinuations about it.”</p>

<p>Wow ME76. </p>

<p>Let me just reassure that I am not on here to get warm fuzzies from high schoolers… Yeah, because that provides a lot of satisfaction in my life… NOT.</p>

<p>You have a PM, ME76.</p>

<p>i was thinking the same thing, it’s kind of funny…you do it often too rocketDA…no judgement though, i’m sure it’s unintended</p>