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I just cant seem to figure out why we are some of the least paid professionals around, sure we start out high(average of 50K a year) though most other majors aren't that far behind, and there education is a walk in the park compared to ours.
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<p>To be fair, I don't think that engineering is the most difficult major around. I would argue that physics is the most difficult major. Mathematics is probably 2nd. Yet those guys get paid * even less * than engineers do. </p>
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as an example, someone works there ass off through engineering and they start out making 55K a year.
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<p>Well, it should be said that not all engineering students are really 'working their ass off'. I've known quite a few engineering students who, frankly, never really worked all that hard at all. Granted, they worked harder than the laziest liberal arts students, but that's not saying much. These engineering students lollygagged around and got low grades, but grades that were still good enough to pass. And they still ended up with quite decent engineering jobs. </p>
<p>Engineering is therefore a quite good deal for those students who barely graduate. The difference in starting pay between the best engineer and a mediocre engineer is not very large. For example, in 2005, a Berkeley chemical engineer in the 75th percentile made 60k in starting salary, but one in the 25th percentile still made 50k in starting salary. It's a really good deal for that guy in the 25th percentile (although it is a rather poor deal for the guy in the 75th percentile). It means that you can graduate in the bottom of your class, and still get a pretty decent job. </p>
<p><a href="http://career.berkeley.edu/Major/ChemEngr.stm%5B/url%5D">http://career.berkeley.edu/Major/ChemEngr.stm</a></p>
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while the same person goes to a business school for management and apply for a job at a department store such as circuit city and they can become a sales manager in just a month or 2 and they will make around 50K a year. and there are alot of places to move up in a place like this, where a store manager at circuit city makes around 120K a year, some without a college education,
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<p>To be fair, I think it should be noted that not everybody gets to become a sales manager or operations manager in Circuit City. While I don't know about Circuit City specifically, I am somewhat familiar with other retail chains, and becoming a sales manager is no joke. Not everybody who wants to become one gets to become one, and even if you do, you're constantly under pressure to make your numbers, or else you'll be canned. This is certainly not a job for the weak-at-heart. So when you're looking at pay stubs of these store managers, you are just looking at those people who made it. What about all those people who didn't make it? This is survivorship bias. </p>
<p>I compare it to my former experience in technology sales (where I was the engineer). The long-time sales guys made well over 200k each. But the job was commission only, meaning that some sales guys literally made nothing for months on end. It also meant that those sales guys who weren't successful would quickly quit, because nobody wants to make nothing. If you can see that you're not going to make much, you're going to quit. So the only sales guys who stuck around were obviously the guys who were making plenty of money. I'm sure that if you factored in all those sales guys who tried it out for a few months and then quit (because they weren't doing well), and then all those other guys who never even took the job in the first place because they felt that they couldn't do well, then the 'true' compensation and desirability of that sales job would be much more apparently lower. </p>
<p>Besides, I'll put it to you this way. Engineering, for all its problems, is still far higher paying than almost any other bachelor's degree you can get. Sure, you might say that these Circuit City sales managers are making more than engineers are, but you could say the same thing about liberal arts majors. Why aren't THEY going to work at Circuit City? </p>
<p>Look at the salaries for all of the majors at Berkeley. Why don't all those guys majoring in say, History of Art, Conservation & Resource Studies, or Theatre & Performance Studies go work at Circuit City? After all, these salaries that these guys are getting with their degrees are mediocre. If anybody should seem to want to become well-paid retail managers, you would think it would be these people, as those jobs apparently pay much more than what they are currently getting. So why aren't they flocking to those jobs? </p>
<p><a href="http://career.berkeley.edu/CarDest/2005Majors.stm#salary%5B/url%5D">http://career.berkeley.edu/CarDest/2005Majors.stm#salary</a>
<a href="http://career.berkeley.edu/Major/ConsRes.stm%5B/url%5D">http://career.berkeley.edu/Major/ConsRes.stm</a>
<a href="http://career.berkeley.edu/Major/HistArt.stm%5B/url%5D">http://career.berkeley.edu/Major/HistArt.stm</a>
<a href="http://career.berkeley.edu/Major/TDPStud.stm%5B/url%5D">http://career.berkeley.edu/Major/TDPStud.stm</a></p>
<p>I think that shows that those retail manager jobs are not that easy to get and not that desirable, otherwise, all of these low-paid liberal arts guys really would be flocking to these jobs. </p>
<p>Don't get me wrong. I have often times remarked on CC about how engineers are underpaid, especially the top engineers. But I do think we have to put things in perspective. Engineering definitely has its problems, but I think it is still better than most other majors out there.</p>