Page 1 of 2 12 LastLast
Results 1 to 15 of 20
  1. #1
    Addict
    Points: 76,133, Level: 85
    Level completed: 76%, Points required for next Level: 417
    Overall activity: 17.0%
    Achievements:
    VeteranCreated Album pictures50000 Experience Points

    Join Date
    Mar 2006
    Location
    Houston, TX
    Posts
    5,469
    Points
    76,133
    Level
    85
    Thumbs Up
    Received: 234
    Given: 404

    Compare Your Salary Growth - by Major.

    Salary Increase By Major

    WSJ.com

    Your parents might have worried when you chose Philosophy or International Relations as a major.

    But a year-long survey of 1.2 million people with only a bachelor's degree by PayScale Inc. shows that graduates in these subjects earned 103.5% and 97.8% more, respectively, about 10 years post-commencement.

    Majors that didn't show as much salary growth include Nursing and Information Technology


    "We are first and foremost an educational institution that values integrity, honesty and treating others with fairness and respect".

    -ISU President Gregory Geoffroy; circa May 2003.

  2. #2
    Pro
    Points: 51,052, Level: 69
    Level completed: 93%, Points required for next Level: 98
    Overall activity: 5.0%
    Achievements:
    Veteran50000 Experience Points

    Join Date
    Apr 2006
    Location
    Burnsville, MN
    Posts
    3,354
    Points
    51,052
    Level
    69
    Thumbs Up
    Received: 249
    Given: 50

    Re: Compare Your Salary Growth - by Major.

    Yes, they have good growth, but look at where they started.
    Can't really say that this study makes me regret a major in Engineering.



  3. #3
    Addict
    Points: 89,559, Level: 93
    Level completed: 11%, Points required for next Level: 1,691
    Overall activity: 11.0%
    Achievements:
    Veteran50000 Experience Points
    BigBake's Avatar
    Join Date
    Mar 2006
    Location
    U'dale
    Posts
    5,937
    Points
    89,559
    Level
    93
    Thumbs Up
    Received: 174
    Given: 204

    Re: Compare Your Salary Growth - by Major.

    true but when ur salary is high like IT u don't get much of a % raise but it's still a large raise because it's x% of a big number.

    Someone with more time could probably show that a 5% raise on a 100,000 yr salary is equal to a 25% raise on a 25,000 salary.

    "Son....go into IT"
    Posted via Mobile Device



  4. #4
    Addict
    Points: 76,133, Level: 85
    Level completed: 76%, Points required for next Level: 417
    Overall activity: 17.0%
    Achievements:
    VeteranCreated Album pictures50000 Experience Points

    Join Date
    Mar 2006
    Location
    Houston, TX
    Posts
    5,469
    Points
    76,133
    Level
    85
    Thumbs Up
    Received: 234
    Given: 404

    Re: Compare Your Salary Growth - by Major.

    Quote Originally Posted by MNclone View Post
    Can't really say that this study makes me regret a major in Engineering.
    ........Starting Salary.....Mid-Career Salary......%change.

    Chemical Engineering $63,200.00 $107,000.00 69.3


    "We are first and foremost an educational institution that values integrity, honesty and treating others with fairness and respect".

    -ISU President Gregory Geoffroy; circa May 2003.

  5. #5
    Pro
    Points: 33,306, Level: 56
    Level completed: 22%, Points required for next Level: 944
    Overall activity: 5.0%
    Achievements:
    Veteran25000 Experience Points
    iowast8fan's Avatar
    Join Date
    Aug 2006
    Location
    Ankeny
    Posts
    2,169
    Points
    33,306
    Level
    56
    Thumbs Up
    Received: 57
    Given: 26

    Re: Compare Your Salary Growth - by Major.

    Well, I've been out of school and working for about 10 years and I am almost exactly at the mid-career salary that the site gave. So seems accurate to me.



  6. #6
    Legend
    Points: 215,696, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 17.0%
    Achievements:
    SocialCreated Album picturesVeteran50000 Experience Points
    dmclone's Avatar
    Join Date
    Oct 2006
    Location
    50131
    Posts
    14,313
    Points
    215,696
    Level
    100
    Thumbs Up
    Received: 578
    Given: 855

    Re: Compare Your Salary Growth - by Major.

    A lot of generalizations with this type of chart. For example, where do you live, public/private, etc.



  7. #7
    Legend
    Points: 175,317, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 11.0%
    Achievements:
    SocialVeteran50000 Experience Points
    The_Architect's Avatar
    Join Date
    Apr 2006
    Location
    Focus Town
    Posts
    12,203
    Points
    175,317
    Level
    100
    Thumbs Up
    Received: 688
    Given: 2,858

    Re: Compare Your Salary Growth - by Major.

    IT ftw!


    Kansas wears Adidas.

  8. #8
    Speechless
    Points: 352,771, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0%
    Achievements:
    SocialVeteran50000 Experience Points
    ISUFan22's Avatar
    Join Date
    Apr 2006
    Location
    Grimes, IA
    Posts
    33,315
    Points
    352,771
    Level
    100
    Thumbs Up
    Received: 1,077
    Given: 621

    Re: Compare Your Salary Growth - by Major.

    Yeah, IT has been kinda good to me.



  9. #9
    Legend
    Points: 396,315, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 22.0%
    Achievements:
    SocialRecommendation Second ClassVeteran50000 Experience Points
    bos's Avatar
    Join Date
    Apr 2006
    Posts
    24,521
    Points
    396,315
    Level
    100
    Thumbs Up
    Received: 1,341
    Given: 1,089

    Re: Compare Your Salary Growth - by Major.

    Yay, Im undervalued!! I love the Sioux City IT market. It rules.

    I will say I do love my job at the moment, so it I guess it does even out.



  10. #10
    Speechless
    Points: 429,887, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 28.0%
    Achievements:
    SocialOverdriveVeteran50000 Experience Points
    Wesley's Avatar
    Join Date
    Apr 2006
    Location
    Omaha
    Posts
    64,436
    Points
    429,887
    Level
    100
    Thumbs Up
    Received: 1,364
    Given: 1,016

    Re: Compare Your Salary Growth - by Major.

    Guess you would not want to graduate from Morehead State under Colleges. Lowest of the low.


    Being an Economist is not bad, especially this year.


    Let my Fred's Posse Ride: Georges, 3sus, Hallice, Deonte, Dustin, Abdel, Monte, Matt, and McKaT.

  11. #11
    All-Star
    Points: 18,733, Level: 41
    Level completed: 76%, Points required for next Level: 217
    Overall activity: 0%
    Achievements:
    Veteran10000 Experience Points

    Join Date
    Mar 2006
    Posts
    1,053
    Points
    18,733
    Level
    41
    Thumbs Up
    Received: 3
    Given: 0

    Re: Compare Your Salary Growth - by Major.

    I think the more important question is simply who makes more money 10 years out of college? Engineers are certainly making more than Philosophy majors on average. Unfortunately, I think engineers lose out long-term to business-related majors, particularly finance. I spent five years as an engineer with almost zero wage growth. I went and got my MBA and experienced >300% wage growth in two years. Looking forward, my long-term wage growth is probably still higher in percent terms than it would be if I were an engineer. As long as I don't get fired for sucking.

    The moral of the story is that engineers really get screwed compared to the skill needed to do their jobs.



  12. #12
    Speechless
    Points: 264,042, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 3.0%
    Achievements:
    SocialVeteran50000 Experience PointsCreated Album pictures
    BryceC's Avatar
    Join Date
    Mar 2006
    Posts
    17,122
    Points
    264,042
    Level
    100
    Thumbs Up
    Received: 405
    Given: 0

    Re: Compare Your Salary Growth - by Major.

    Where is the "English majors working in the banking or finance industry" section?



  13. #13
    Prospect
    Points: 3,524, Level: 17
    Level completed: 19%, Points required for next Level: 326
    Overall activity: 0%
    Achievements:
    Veteran1000 Experience Points

    Join Date
    Jul 2008
    Posts
    29
    Points
    3,524
    Level
    17
    Thumbs Up
    Received: 0
    Given: 0

    Re: Compare Your Salary Growth - by Major.

    I'm surprised architecture is that low compared to some others



  14. #14
    Pro
    Join Date
    Jul 2008
    Location
    Ames, IA
    Posts
    3,273
    Thumbs Up
    Received: 0
    Given: 0

    Re: Compare Your Salary Growth - by Major.

    A couple of things:

    1) There's more to a career than your salary. Getting paid is nice, but getting paid for something that you don't enjoy doing sucks
    2) I'm really happy with where I'm at and the opportunities presented to me. Having an Econ background is definitley helping (so is having an math background as well)
    3) IT is a great career and I have many friends who are in IT. One thing I will say is that you will see more and more IT people getting laid off in the next 6 months or so. You'll also see some accounting, finance, and probably a little of everything. The thing is that a lot of companies are still run "old school" where they view IT as a liability more than an asset.... I do not feel that way, but I'm not running the company either.
    4) Bottom line is just do what you love doing. Job security is pretty low in a lot of fields these days
    5)If you do what you love, you will figure everything out. Doing everything for money will catch up with yourself and you will be unhappy.


    I don't drink the Kool-Aid, and I am done making excuses. Only keeping it real...

  15. #15
    Addict
    Points: 96,632, Level: 96
    Level completed: 80%, Points required for next Level: 418
    Overall activity: 9.0%
    Achievements:
    Veteran50000 Experience Points
    CYdTracked's Avatar
    Join Date
    Mar 2006
    Location
    Grimes, IA
    Posts
    8,987
    Points
    96,632
    Level
    96
    Thumbs Up
    Received: 128
    Given: 362

    Re: Compare Your Salary Growth - by Major.

    So what exactly is the mid-career number in years? I think they are using 10 post-graduation? at 5+ I'm already around 48% growth of what I started and 67.3% is their mid career number so not too bad of pace so far I guess. Although last year and likely this year the pay increases I have seen or will likely see will slow that pace down due to the economy.

    Last year several of us in my group got some of our highest evaluation ratings but our lowest pay increases which in hindsight was probably preparing them for what happened this year with the economy as cost "savings" was a big theme company wide last year. Probably a good thing considering how this year played out.


    Go Cubs Go!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • TV: TBD
  • FOOTBALL: Iowa State vs. UNI
  • August 29, 2015
  • 06:00 PM