Software engineering is a smart career choice â itâs one of the most in-demand skills in the world and American software engineers earn a median salary of $112,000.. What can you get in San Francisco for $2,500? So on average an engineer has a 6 year head start. Housing is considered affordable at 24-30% of a person's annual income. This has always baffled me. Iâm an mid-career electronics engineer. I get paid £60,000 a year. Year after year, engineers are ranked among the highest-paid professionals in the U.S., both in terms of starting and mid-career salary. I started this out as a comment on Mark Harrison's answer but decided to elaborate on it a bit more. 2016-06-08T14:46:03Z The letter F. An envelope. So an MD doesnt start earning money until 11 to 15 years after high school. Are they smarter, harder working, more professional or just lucky? When I worked and an arch firm, I worked my a$$ off 6 days a week for 10-12 hours a day (at least) and made such a low salary. Why do managers get paid more than engineers even though managers have less work than engineers? The vice-president of the largest oil producer in my state told me that the reason petroleum engineers make so much money is the petroleum engineers make money for the company. Medical doctor - 4 years of Undergrad 4 years of Medical school. That means that, at $100,000 per year, you can afford up to $2,000 to $2,500 per month. Engineers are paid the going wage for their level of qualification and experience. That's actually not that high. Many top engineering graduates are working in engineering, being well paid and enjoying their life. 3 to 7 years of Residency making 42 thousand a year. Thatâs about the top salary you can get as an electronics engineer. I challenge the premise on two grounds: first, managers donât have less work than engineers, itâs just a different kind of work; second, engineers donât always get paid less. First of all, 80k is what a <10 years engineer makes. It indicates the ability to send an email. For experienced engineers, base salaries (not including bonuses, benefits, perks) are more like 100-250k. Some other jobs in the UK are paid too much, and also attract something called âstatusâ which they should not attract. Despite both engineering and law degrees taking four years, lawyers are perceived as being more highly paid than engineers. He touched upon an important point that there is a big difference between software engineer salaries in London and the rest of the UK. It explains why they took no further interest in mankind or responded to the silence of LV223 and why the docking tug accepted and greeted it return. Dave Smith. There are a few reasons why Petroleum engineers are well paid: 1 - Lack of supply. So 5 years after high school you begin earning your salary of 50 thousand, and start working your way up. I have engineer friends who do technical consulting. In honor of National Engineers Week (Feb. 17-23), weâre looking at the reasons why engineers command top-tier compensation, and what recent graduates, as well as experienced engineers, can expect to earn. That is why the allegory of the Opera is so important it indicates that these Engineers lived in splendid isolation in the Paradise created for them. If it is accurate, why do lawyers earn so much more? Then are are possibilities to earn much more. If I worked as a GP I could get paid as much ⦠Some engineering disciplines have starting salaries already at 100k (petroleum). Here's why programmers and software engineers get paid so much more than you. If you think it is all about money, then go and try to get into banking. Is this perception accurate? ) are more like 100-250k if it is accurate, why do lawyers earn much. As a comment on Mark Harrison 's answer but decided to elaborate on it a bit more medical school already! 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