Chemical Engineering Question:

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AIChE just came out with the results of a ChE salary survey (See Chemical Engineering Progress, September 2000). To answer your question depends on years of service, the type of degree, the size of the company and the type of industry, i.e. Engineering, Design & Construction (E&C), Plant work, Self Employed as examples. To summarize briefly, median starting salary is about $50,000 per year. Median salary among all Chemical Engineers is about $77,200 and annual raises are averaging 4.4%. As far as job prospects that again depends in which area you are interested. In general, jobs are still looking good. However, be forewarned, Chemical Engineers no longer command the job security that we once had. In economic downturns, it can get nasty.