2008 Salary Data
The results of our 2008 Salary Survey are finally in. Before I give you the link to all the data, here are just a few interesting observations from this year's survey.
Please note that these results are based on 898 U.S. responses only. When we initially issued the survey, we intended to compile results for both U.S. and Canada. However, we only received 150 responses from Canada, which I don't think is enough to provide meaningful results. I was hoping for a larger Canadian turnout. Of course, I expect to hear some repercussions from this decision, and I reserve the right to change my mind if the demand is high enough. Canada - let me hear you!
Now for the U.S. results...
Great news! In one year, the average overall annual salary jumped from $83,623 to $88,252...roughly a 5.5% increase since 2007. I've always said that with the skills shortage in our industry, automation professionals will be in higher demand and, as a result, they will be able to command higher salaries. This is proof of that trend.
It pays to obtain an advanced degree (or even attend some graduate school)...those with an advanced degree have a $11,566 higher annual salary ($101,332) than those with a bachelor's degree ($89,766). This salary difference increased by more than $1500 since last year.
The highest paying job function was Engineering Management at $112,118. General or Operations Management was next in line at $106,900, followed by Outside Sales at $103,060. It pays to be in management! And as you might expect the next highest salary was associated with all those hard working outside sales guys.
The highest paid degrees were Chemical Engineering at $106,500 followed by Mechanical Engineering at $98,085.
Guess which region within the U.S. demands the highest salary. If you guessed Southern California, you're WRONG. The entire Southwest region takes the cake this year with an average salary $101,199. The Pacific Northwest region came in second at $96,211, with Southern California coming in third at $93,424.
Independent contractors (7.1% of respondents) are bringing in an average of $100,000 per year compared to the $87,464 salary of direct employees...that's more than a $12,536 difference.
Professionals working for very small companies (fewer than 30 people) are paid higher than those working for companies with 30 to 49 people, or those working for companies with 250 to 499. But otherwise, the larger the company, the higher the compensation.
View the complete results of our 2008 Salary Survey.
If you are interested in comparing 2008 salary results with 2007 salary results, view 2007 Salary Results here.
If you have any comments or questions regarding our 2008 survey or results, please don't hesitate to contact me.
Enjoy the rest of this Automation Weekly!
Vice President, Publisher