Engineers are encouraged to participate in a short survey that could have long-lasting effects on their pocketbooks and job satisfaction.
Finding reliable answers to the most common and crucial employment questions should be easy. But if you’ve ever wondered any of the following, you’d know that’s not the case:
“Do I deserve a raise?”
“Is this bonus plan as good as it seems?”
“How much is a week’s vacation worth?”
An information vacuum causes many engineers to settle for compensation packages that don’t fully reflect their value to their employers. The obvious result is lower earnings over time. Less obvious results can include diminished trust in one’s employer and lower job satisfaction – outcomes neither employee nor employer wants.
With that gap in mind, Engineering.com has launched its first-ever Salary Survey.
Engineers in any role or stage of their career are encouraged to respond to the brief questionnaire available here by August 31, 2024. All responses will be collected confidentially and anonymously.
Results of the inaugural survey – which Engineering.com hopes to conduct annually – will be published in early October.
Engineering.com also aims to establish a database of compensation benchmarks relevant to specific engineering roles, positions and experience levels. Engineers could access such a repository to negotiate for higher pay or different forms of compensation and to evaluate new job and promotion offers.
The survey also asks respondents to indicate their satisfaction with types of compensation they receive. Such data could help employers match their incentives, perks and benefits options to a wider range of employees.
