Engineering Degrees Dominate The Top Ten Highest Paying Degrees For 2013 - PowerPoint PPT Presentation

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Engineering Degrees Dominate The Top Ten Highest Paying Degrees For 2013

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To find out more about the various specialties of engineering or search a full list of engineering degree programs you can do so at our free online engineering career guide. – PowerPoint PPT presentation

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Title: Engineering Degrees Dominate The Top Ten Highest Paying Degrees For 2013


1
Engineering Degrees Dominate The Top Ten Highest
Paying Degrees For 2013
2
  • Engineering is a field that is applicable in
    every aspect of production and machinery or
    industrial processing. Since it is practical in
    nature, engineers try as much as is possible to
    keep up with the current and emerging issues and
    problems worldwide through the provision of
    solutions to these problems. This fact in itself,
    always keeps the industry a step ahead of the
    others sectors of the economy such as
    agriculture, entertainment or even religion.
  • Engineering degrees dominate the top ten highest
    paying degrees because, unlike the other
    industries which are flooded with ready
    professionals qualified engineers are and will
    always remain few and therefore, tend to control
    their demand in the market. This also works for
    them because they are free to dictate their pay
    scales, making their careers even more
    attractive. This compared to others sectors,
    which more often than not are flooded by skilled
    professionals, gives engineers an upper hand in
    the job market.

3
  • Engineering as a career also deals with the most
    sensitive parts of production, without which
    production (which is the single most fundamental
    for the firm) would be at a standstill or
    paralyzed. For instance, engineers in the oil
    industry control production in a multibillion
    industry. Because of this, they control the major
    commodity's production. This factor, aside from
    their numbers in the work place, also makes their
    careers attractive, making them attract good
    salary perks, benefits, risk allowances and so
    on.
  • The engineering courses also offer a chance for
    self employment. Thence, for firms to employ a
    professional, they need to provide payment that
    satisfies the engineer since he will always
    compare his earning as an employee to his
    earnings as an own boss. This in turn leads to
    high payment for most of the highly qualified
    engineers, taking them high on the earning scale
    world-wide.

4
  • Another factor which makes engineering dominate
    our current pay ranks is the fact that, some of
    the fields and environments in which they work
    are risky. For example, those dealing with
    chemical engineering are usually at higher risk
    of being harmed by chemicals and the chemical
    process. Thus, they are usually paid highly as a
    form of motivation or incentive, to make sure
    these although not so safe sectors actually run.
  • Industries that highly rely on engineering
    always compete for the engineers since they are
    few. In order to win the competition, these
    industries quote higher salaries to attract the
    few professionals hence making engineering one of
    the highest paying careers.
  • Since the engineers are professionals and they
    are scarce, most of them get jobs in different
    firms thus they end up working for more
    institutions at the same time hence doubling
    their pay.
  • Whatever the circumstances, engineers' futures
    look bright as there still is no hope of the
    others sectors turning tables on them, based on
    recent surveys.  

5
  • Engineers will thus continue to dominate and
    thrive over other degrees in top ten paying
    industries, until something changes. That is why
    if you want to earn big amount of money you
    should consider being an engineer. To find out
    more about the various specialties of engineering
    or search a full list of engineering degree
    programs you can do so at our free online
    engineering career guide.
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