WASHINGTON, Aug. 29 2012 /PRNewswire-USNewswire/ -- Median income for electrotechnology and information technology professionals continued to rise in 2011, but the increase was less than half what it was in 2010, according to the latest IEEE-USA Salary & Benefits 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) rose from $118,000 in the 2010 tax year to $119,950 in 2011, a 1.7 percent increase. The rise from 2009 ($113,500) to 2010 was 3.96 percent.
The results are based on responses from 10,235 people who reported working full-time in their job specialty. Technology professionals employed in communications technology once again enjoyed the highest median earnings ($135,087), followed by circuits and devices ($129,000) and signals and applications ($127,000).
The lowest median incomes were recorded by those in energy and power engineering ($107,820), industrial applications ($110,000) and systems and control ($112,000).
Salary Calculator Available to Members and HR Professionals
IEEE members who completed the 2011 salary survey are entitled to five free uses of the IEEE-USA Salary Calculator (https://ieeeusa.gallup.com). This online tool helps you benchmark your salary and benefits against other professionals in your job specialty and in areas like age, years in the profession and geographic location. Members who would like more uses can purchase additional five-use packages of the salary calculator. This is a member-only benefit.
Members and human resources professionals can also purchase an unlimited annual subscription to the IEEE-USA Salary Service (https://ieeeusa.gallup.com). This provides companies access to the IEEE-USA Salary Calculator so they can set attractive compensation packages to recruit and retain electrotechnology and IT professionals. IEEE-USA Salary & Benefits Survey eReports (2009-2012) are included.
The IEEE-USA Salary Service combines the power of a large number of respondents with online relational databases, the ability to search on many variables and sophisticated regression analysis.
The IEEE-USA Salary & Benefits Survey, 2012 Edition, is the 25th compensation survey IEEE-USA has conducted since 1972.
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.