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Engineering grad salaries reach all-time high

According to a new study by advisory firm Korn Ferry, salaries for new engineering graduates are at an all-time high.

The researchers analyzed the salaries of 145,000 entry-level positions from more than 700 organizations across the United States. Based on this data, the firm issued a snapshot report of 25 jobs, spanning multiple industries, with their corresponding projected salaries.

Based on the 25 analyzed career positions, 2017 college graduates will earn 3 percent more than the 2016 average. Adjusted for inflation, 2017 grads will make 14 percent more than those who graduated in 2007, just months before the start of the recession.

“With unemployment rates back down to pre-recession levels and jobs requiring more highly specialized skills, companies will need to offer competitive compensation packages if they hope to attract top talent,” said Benjamin Frost, Korn Ferry Hay Group Global Product Manager.

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Embry-Riddle Aeronautical University, the world’s largest, fully accredited university specializing in aviation and aerospace, is a nonprofit, independent institution offering more than 80 baccalaureate, master’s and Ph.D. degree programs in its colleges of Arts & Sciences, Aviation, Business, Engineering and Security & Intelligence. Embry-Riddle educates students at residential campuses in Daytona Beach, Fla., and Prescott, Ariz., through the Worldwide Campus with more than 125 locations in the United States, Europe, Asia and the Middle East, and through online programs. The university is a major research center, seeking solutions to real-world problems in partnership with the aerospace industry, other universities and government agencies. For more information, visit erau.edu, follow us on Twitter (@EmbryRiddle) and facebook.com/EmbryRiddleUniversity, and find expert videos at YouTube.com/EmbryRiddleUniv.