WASHINGTON, Sept. 26, 2011 /PRNewswire-USNewswire/ -- Median 2010 income for electrotechnology and information technology professionals rose nearly four percent from the previous year, according to the latest IEEE-USA Salary & Fringe Benefit Survey.
Median incomes from primary sources -- salary, commissions, bonuses and net self-employment income -- for U.S. IEEE members working full-time in their primary area of technical competence (job specialty) moved from $113,500 in the 2009 tax year to $118,000 in 2010, a 3.96 percent increase.
Of the record 17,030 U.S. IEEE members who responded to the Internet-based survey, 12,877 were employed full-time in their job specialty. Those working in communications technology reported the highest median income ($135,000), while workers in circuits and devices were second ($125,252). Those in signals and applications and engineering and human environment tied for third ($125,000).
On the other end of the spectrum, energy and power engineering professionals reported a median of $107,000, followed by industrial applications ($109,350) and systems and control ($110,000).
The IEEE-USA Salary & Fringe Benefit Survey, 2011 Edition, is the 24th compensation survey the organization has conducted since 1972. It also includes income data based on things like age, ethnicity, gender, experience and years with current employer. The results are valuable to companies seeking to know what type of compensation package they should put together to attract and retain electrotechnology and IT professionals, and to employees looking to benchmark their salary and benefits.
The IEEE-USA Salary Service offers annual subscribers access to an online salary calculator and survey reports (2009-11) for accurately benchmarking technical professionals' compensation individually or organization-wide. The service combines the power of online relational databases, sophisticated regression modeling and data extracted from the annual IEEE-USA Salary & Fringe Benefit Survey. For more information, see https://ieeeusa.gallup.com.
IEEE-USA advances the public good and promotes the careers and public policy interests of 210,000 engineering, computing and technology professionals who are U.S. members of IEEE. http://www.ieeeusa.org