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Engineering Salaries: Competitive Landscape & Data Points

Just how competitive are your engineering salaries? In today’s very competitive marketplace for technical talent, Wanted Analytics takes a look across the country and shares some data points:

 

Engineers are one of the most competitive jobs in the US, with hiring demand up 34% from last year. However, we noticed that advertised salary ranges for engineering jobs vary greatly across the US. While the national median advertised salary is about $81,000 per year, jobs can actually range from $32,000 all the way up to $143,000. As HR professionals know, the salary you offer may affect the overall conditions you experience when sourcing talent. If there is high competition and a small talent supply, likely meaning a job is hard-to-fill, employers may need to increase their offering to compete against other companies and attract the talent. How do you know if the salary included in your job ad is reasonable and will attract the right candidates? Below we look at some of the highest and lowest median salaries in the US.

 

Map of Salary Ranges for Engineers 

Source: WANTED Analytics

 

The map above shows average advertised salaries for engineering jobs across the US. Darker green areas show the cities where salaries are the highest. San Jose, CA leads in the US with a median advertised salary of $111,600 per year. The top 10 percentile of engineering jobs in San Jose have advertised salaries of $143,000 and higher. Keep in mind, this is not necessarily what employees are paid, just what is advertised in job ads and attracting talent to apply. Below are the 5 US metro areas with the highest advertised salaries for engineers.

 

Metro Area Median Salary
San Jose, CA $111,600
Washington, DC $102, 250
San Francisco, CA $99,500
Beaumont, TX $96,450
Merced, CA $74,600

 

In comparison, below are the 5 cities with the lowest salary ranges. Fargo, ND has the lowest median salary for engineers in the US. Here job ads for engineers average just $52,300. This is less than half of what is advertised on average in San Jose. By advertising such a low salary, employers may find it is harder to recruit qualified potential candidates. In fact, the Hiring Scale score in Fargo, ND is higher than average. The Hiring Scale, which measures the difficulty to fill by assigning a scored number between 1 and 99, scores engineering jobs at a 57 in the US. Fargo scores a 69, showing that it will be significantly more difficult to recruit qualified engineers than most of the US is likely to experience. By offering a more competitive salary, employers in Fargo may be able to relieve some of the stresses on the local talent market, attract more candidates, and fill jobs faster.

 

Metro Area Median Salary
Fargo, ND $52,300
Lubbock, TX $53,250
Holland, MI $54,200
Myrtle Beach, SC $59,650
Lincoln, NE $58,200
This entry was posted in Employers, Engineering, Hiring Trends & Data, Human Resources, Information Technology, Job Searching, Mountain Region: Mark Doyle, National: Ben Kertner, Niche: Ben Kertner, North Central Region: Lee Reynolds, South Central Region: Clint Bannerman, South Eastern Region: Brian Dillon, Western Region: Garrett Stenson. Bookmark the permalink.