There will be an 11 percent growth rate in the U.S.
engineering labor market from now through 2023, according to Kelly Services'
latest Engineering Employment Outlook, which forecasts work conditions in the
coming decade. High-growth sectors and industries such as oil and gas,
aerospace and renewable energy will make up more than a third of new
engineering jobs available in metropolitan areas such as Houston, Los Angeles
and Washington, D.C.
Here are five of the best paying engineering jobs and
the skills and companies that pay upwards $65K.
Also Read: how much money does an engineer make
Project Manager | Median Annual Salary: $83,890
Salary outlook: In addition to leading a team of engineers
and producing product development plans, engineering project managers are
responsible for ensuring conformity with safety regulations, promoting best
practices, preparing cost proposals and maintaining financial records. The
particular firm, experience level and geography, respectively are the factors
weighing most on salary.
Schlumberger is one of the highest-paying companies
for this role, paying $133,000, followed by Jacobs Engineering Group
($128,000), Chevron Corporation ($127,000) and Lockheed Martin at $119,000.
Those with 10 to 20 years of experience average $95,000 annually. Skills that
correlate with greater pay include systems engineering, budget management,
product development and contractor management. Job satisfaction is reported to
be very high. Houston pays engineering project managers 25 percent above the
national average of $86,592, followed by Los Angeles at 13 percent.
Process Engineer | Median Annual Salary: $78,186
Salary outlook: Process engineers with five to 10 years of
experience generally see the greatest salary increases. Los Angeles pays 27
percent above the national average of $71,797, followed by Houston and Austin,
tied at 18 percent. These roles specialize in evaluating the efficiency,
quality and safety of the product process within the context of chemical
engineering. Process engineers are responsible for implementing process
improvements to reduct cost and increase efficiency and for performing
troubleshooting on plant equipment and systems. The Chevron Corporation pays an
average $100,000 for this position.
Electrical Engineer | Median Annual Salary: $71,567
Salary outlook: Electrical engineers with more than 10 years
of experience can make anywhere from $90K to $100K. Best-paying locations for
this role start with San Jose, which pays 16 percent above the national average
of $70,363, followed by Washington, which pays 12 percent more than the rest of
the country. Job satisfaction is very high for electrical engineers and they
can make more than 80K at companies like IBM and L-3 Communications. This job's
responsibilities include designing, maintaining, implementing and improving
electrical equipment and instruments. Applying principles of electrical theory
to engineering projects and inspecting completed projects to ensure conformance
with design standards are crucial.
Also Read: best engineering jobs for the future
Project Engineer | Median Annual Salary: $68,362
Salary outlook: If you're looking to make top dollar in this
field, you want to work with The Boeing Company and/or Skanska, which both pay
more than $100K salaries. Project engineers plan and organize technical
projects from conception to completion and utilize engineering knowledge for
project management, estimating timelines and schedules and they anticipate
risks and costs related to technical aspects of projects. Project engineers
with more than 10 years of experience can make upwards $80K in general and
top-paying skills include AutoCAD, engineering design and project management.
This role can make 22 percent above the national average of $67,138 in Houston.
Mechanical Engineer | Median Annual Salary: $66,492
Salary outlook: Mechanical engineers work in the planning
and manufacturing of new products by developing, designing and testing
mechanical devices. This job requires a bachelor of science in mechanical
engineering or a related degree. Responsibilities include writing technical
reports, estimating project completion timelines and researching designs and
making recommendations based on appearance, safety, budget and function.
Companies like Schlumberger and General Dynamics Electric Boat may pay $80K or
more. Your best start may be in Houston, which pays 15 percent more than the
national average of $65,595.
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