According to our 2003 Salary Survey, the "average" process control engineer's salary increased only 1.2% over the previous year--a far cry from the past year's 6% increase and even farther from 2001's 6.8% increase. Still, 1.2% is better than no increase at all and way better than being in the unemployment line.
The picture drawn from the results of our survey reflects the general mood of the economy: struggling, ho-hum, wobbly, mediocre--pick your adjective. The full effects of the slam into the 9/11 brick wall are finally showing up in our survey, and the halcyon days of 6% raises and fat bonues appear to be behind us, at least for a while.
Still, things are not all gloom and doom. Our average process control professional is making $78,842 this year and will score better than three weeks of vacation. If he (and it usually is a "he") was one of the lucky 40% who got a bonus, it was an average of $1,500. That's enough to keep most folks from being reduced to living in a refrigerator box under a bridge.
Maybe it's a matter of perspective. Few of you are doing as well as you were in the glory days of the late 1990s--nor was well as you'd like to be--but you're not hurting either.
In this first installment, we'll show the hard numbers: who's making how much and how the numbers compare to others in the field.
Two months down the road (in both the August issue of CONTROL magazine and about that same time on this web site) we'll talk about the "soft" side of the equation--job satisfaction, working conditions, hopes for the future. In short, what makes the control job worth doing even when the numbers are not as good as any of us would like or had hoped.