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7. Supply and Demand for Engineers
Pages 36-42

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From page 36...
... The National Survey of Professional, Administrative, Technical, and Clerical Pay, which provides detailed data over time, shows that engineers as a group earn more than chemists, accountants, and engineering technicians {Figure 9~. The survey also shows that, since 1963, the differential enjoyed by engineers has remained essentially the same, despite some wide variations in year-to-year salary increases.
From page 37...
... $40,000 30 000 1 20 000 1 0,000 ENGI N E ERS . CH EM ISTS ACCOUNTANTS ENGINEERING TECHNICIANS O , , , 1 1963 1968 1973 1978 1983 1 1 1 FIGURE 10 Median salaries for engineers, chemists, accountants, and engineering technicians in private industry, 1963-1983 {constant 1967 dollars)
From page 38...
... The salaries paid by industry are said to be a major attraction for academic scientists and engineers, but salary and mobility data do not appear to support this view conclusively. Industry pays doctoral mathematicians, for example, about 30 percent more than universities pay them, but universities have no trouble attracting mathematicians.
From page 39...
... $30 000 25 000 20 000 15,000 5,000 ) L CHEMISTS ENGINEERS ENGI NEERI NG TECHNICIANS ACCOUNTANTS l O L I I l l I I 1963 1965 1967 1969 1971 1973 1975 1977 1979 1981 ~1983 FIGURE 12 Entry-level median salaries for engineers, chemists, accountants, and engineering technicians in private industry, 1963-1983 {constant 1967 dollars)
From page 40...
... In periods of low growth, large companies adjust their technical work forces so that they can hire at least some engineers from schools whose graduates have worked out well; such hiring permits them to preserve working campus relationships and upgrade their staffs. These companies usually have full-time recruiters who visit schools, participate in job fairs, conduct open houses, and so forth.
From page 41...
... Co-op programs require continuous commitments from both academic institutions and industrial participants to remain viable. Nevertheless, they are affected by national economic cycles.
From page 42...
... Federal agencies also support engineering education, directly and indirectly, through a variety of mechanisms, including research contracts and grants, scholarships and fellowships, equipment and facility grants, and faculty incentive grants. Because of- the impact of the federal government on the engineering profession, committee members studied the role of the federal government in the education and utilization of the engineer; that work is summarized in Appendix E


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