The vice-president of the largest oil producer in my state told me that the reason petroleum engineers make so much money is the petroleum engineers make money for the company. In honor of National Engineers Week (Feb. 17-23), we’re looking at the reasons why engineers command top-tier compensation, and what recent graduates, as well as experienced engineers, can expect to earn. There are a few reasons why Petroleum engineers are well paid: 1 - Lack of supply. I have engineer friends who do technical consulting. It explains why they took no further interest in mankind or responded to the silence of LV223 and why the docking tug accepted and greeted it return. That's actually not that high. Is this perception accurate? Many top engineering graduates are working in engineering, being well paid and enjoying their life. Why do managers get paid more than engineers even though managers have less work than engineers? If it is accurate, why do lawyers earn so much more? Then are are possibilities to earn much more. If I worked as a GP I could get paid as much … 3 to 7 years of Residency making 42 thousand a year. So 5 years after high school you begin earning your salary of 50 thousand, and start working your way up. That’s about the top salary you can get as an electronics engineer. Are they smarter, harder working, more professional or just lucky? Here's why programmers and software engineers get paid so much more than you. It indicates the ability to send an email. Medical doctor - 4 years of Undergrad 4 years of Medical school. I started this out as a comment on Mark Harrison's answer but decided to elaborate on it a bit more. First of all, 80k is what a <10 years engineer makes. Despite both engineering and law degrees taking four years, lawyers are perceived as being more highly paid than engineers. 2016-06-08T14:46:03Z The letter F. An envelope. I get paid £60,000 a year. That means that, at $100,000 per year, you can afford up to $2,000 to $2,500 per month. This has always baffled me. Engineers are paid the going wage for their level of qualification and experience. I’m an mid-career electronics engineer. Some engineering disciplines have starting salaries already at 100k (petroleum). That is why the allegory of the Opera is so important it indicates that these Engineers lived in splendid isolation in the Paradise created for them. Some other jobs in the UK are paid too much, and also attract something called “status” which they should not attract. When I worked and an arch firm, I worked my a$$ off 6 days a week for 10-12 hours a day (at least) and made such a low salary. Year after year, engineers are ranked among the highest-paid professionals in the U.S., both in terms of starting and mid-career salary. If you think it is all about money, then go and try to get into banking. What can you get in San Francisco for $2,500? He touched upon an important point that there is a big difference between software engineer salaries in London and the rest of the UK. For experienced engineers, base salaries (not including bonuses, benefits, perks) are more like 100-250k. So on average an engineer has a 6 year head start. I challenge the premise on two grounds: first, managers don’t have less work than engineers, it’s just a different kind of work; second, engineers don’t always get paid less. So an MD doesnt start earning money until 11 to 15 years after high school. Housing is considered affordable at 24-30% of a person's annual income. Dave Smith. Software engineering is a smart career choice – it’s one of the most in-demand skills in the world and American software engineers earn a median salary of $112,000.. Electronics engineer 3 to 7 years of Undergrad 4 years of medical school medical doctor - 4 years of making! Of all, 80k is what a < 10 years engineer makes engineering being... 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