<DrumBeat: January 9, 2008The Oil DrumPeak Oil, Peak Food, Peak Risk >

89 comments on Turning an Oil Tanker

Comments can no longer be added to this story.

Heading Out on January 9, 2008 - 1:25am Permalink | Subthread | Parent | Comments top

Starting salaries for some engineering disciplines are as follows:
Aerospace Engineering $50,642
Architectural Engineering $46,830
Business & Management $44,711
Chemical Engineering $55,418
Civil Engineering $45,173
Computer Engineering $52,850
Computer Science $51,308
Electrical Engineering $52,963
Geological Engineering $46,300
Information S & T $47,750
Mechanical Engineering $52,252
Metallurgical Engineering $51,626
Mining Engineering $52,755
Nuclear Engineering $57,800
Petroleum Engineering $75,750

Source MO S&T

0
Comments can no longer be added to this story.
DRAGONDONK on January 9, 2008 - 1:48am Permalink | Subthread | Parent | Comments top

Mmmmm petroleum! Where do I sign?

0
Comments can no longer be added to this story.
TJ on January 9, 2008 - 7:33am Permalink | Subthread | Parent | Comments top

Where I live plumbers make $40/hr, so about $60,000/yr. When the median salary in the U.S. is about $45,000/yr, those starting salaries are fairly pathetic. If there was an actual engineering shortage, they'd be much higher.

Any field where a significant fraction of the BS graduates cannot find a job when they get out isn't experiencing any real shortage. It does however look as though your area, petro engineering, might have a shot at attracting more people.

0
Comments can no longer be added to this story.
Robert Rapier on January 10, 2008 - 10:30am Permalink | Subthread | Parent | Comments top

Where I live plumbers make $40/hr, so about $60,000/yr.

Note, though, that those are starting salaries. They will approximately double for an engineer with 5-10 years of experience.

0
Comments can no longer be added to this story.
TJ on January 10, 2008 - 12:53pm Permalink | Subthread | Parent | Comments top

Hardly, unless you make it into management. This is more typical:

5-10 years

0
Comments can no longer be added to this story.
Robert Rapier on January 10, 2008 - 1:09pm Permalink | Subthread | Parent | Comments top

Those ranges were in the 80's to 100's, which is about double the starting salaries. In my own experience, everyone I work with had doubled their salaries by the 10 year mark at the latest. I did it in 4 years, but only because I accepted an international assignment which comes with several premiums.

0
Comments can no longer be added to this story.
offGridInVT on January 10, 2008 - 10:43pm Permalink | Subthread | Parent | Comments top

$40 is not starting salary! In VT it takes 5 yrs to be a master plumber. And guess what, you'll likely start at $12! After 5 years, if you pass the test, you're still no where near $40, if you work for someone else.

0
Comments can no longer be added to this story.
Robert Rapier on January 11, 2008 - 5:44am Permalink | Subthread | Parent | Comments top

My comment was that the engineering salaries are starting salaries. What is being compared is an established plumber's salary versus a starting engineering salary - an invalid comparison.

0
Comments can no longer be added to this story.
offGridInVT on January 10, 2008 - 10:58pm Permalink | Subthread | Parent | Comments top

TJ
Where do you live? I just checked the dept of labor site. Median wage is $20.50 (national). Highest state was $29.

0
Comments can no longer be added to this story.
jmac70 on January 9, 2008 - 8:54am Permalink | Subthread | Parent | Comments top

Granddaughter, a senior ME at UVA, has several good offers for June. One is a major oil refining Company on the East Coast offering over $60,000.

0
Comments can no longer be added to this story.