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Industrial Engineering Salary
Engineers, in general, can earn some of the highest starting salaries of college graduates and are among the highest holding bachelor degrees. Industrial engineers are the third most common type of engineer after civil and mechanical engineers. This and a lot of pertinent information here has come from the United States Department of Labor and Bureau of Labor Statistics which collects a lot of the best employment and career data out there and compiles it into one large database. Averaging starting industrial engineering salary data resulted in a range of $55,000 to $60,000 a year. A median industrial engineering salary was found to be about $70,000 a year and the top 10 percent limit topped $100,000 a year. This is fairly accurate data from the above source and only a few years old.
The industrial engineering salary is hard to predict exactly as so many factors affect one’s overall income. It is also hard to predict precisely because it is practically impossible to record every industrial engineer salary and then average all existing salaries; only averaging a sample of the starting salaries can really be achieved. Prevailing economic conditions, the cost of living in a certain area, benefit packages and experience all come into play when one negotiates a salary and actually ends up earning one. Stock options, alternative compensation or other perks, such as a company vehicle, might come into play as well. Every organization is different when it comes to salaries.
An industrial engineer salary can be a good incentive to look into the career. Engineering curricula can be challenging with so many students drawn to the field. If you are dedicated enough to commit four years to rather complex material, you should have the opportunity to be rewarded with an industrial engineer salary.
Jobs Requirements and Job Prospects
The paths towards any academic program and career is going to be different for everyone. But most colleges require a high school diploma or the equivalent and often have minimum standardized test scores. Checking with admissions offices should allow you the opportunity to get all the guidelines for submitting a successful application.
Once in college look for internships and register with the college’s career center as they have these listings and actual positions once you graduate. The good news here is that these centers have position listings that are sometimes only available to alumni.
If you are a returning student, transferring or just want a flexible way to earn college credits you might consider taking online classes. Even current college students take online courses, in the summer for instance, because of their flexibility and convenience. Check to make sure your online school is accredited and that important credits transfer.
This can be a very rewarding career and the job prospects are expected to be strong in the near future for these highly trained experts in improving manufacturing and operational processes. More companies and organizations are looking for ways to save money and reduce waste and should have no problem investing in an industrial engineering salary.
