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Fwd: Re: American Engineers have it good?[Subject Prev][Subject Next][Thread Prev][Thread Next]
- To: wai(--nospam--at)euken.com
- Subject: Fwd: Re: American Engineers have it good?
- From: rlewis(--nospam--at)techteam.org (Richard Lewis)
- Date: 07 Aug 1997 12:40:03 GMT
Re: Salary Surveys Other than government agencies and *very* large firms that have fixed salary schedules, I think that most firms *exaggerate* when responding to such surveys. Also, does the survey ask for salaries or wages? Wages are what are on the W-2 form; salaries can be interpreted as "Salary Cost" which includes vacation, sick leave, social security contributions, unemployment insurance, workman's compensation insurance, medical and dental benefits and all other "costs" which can be associated with a person's employment. One survey that flies in the face of the salary survey is the survey that reports billings per technical employee. Ones that I have seen show that civil firms have an average billing of about $130,000 per technical employee; structural firms have an average billing of $75,000 per technical employee. If we consider the $130,000 billing and divide it by 2.5, a typical multiplier for overhead, we would get an average of $52,000 for salary cost for each technical employee. Dividing this by 1.4 (representing benefits and mandatory employee contributions), shows the average wage for a civil engineer is about $37,000 a year. Do the same thing with the billing for structural firms, and the wage becomes very small. This is assuming that all clerical and non-technical personnel as well as principals' salaries come out of "overhead." I have found that for a sole practitioner, that no matter how hard you work, or how many hours you work, it is damn hard to have your billable hours equal or be more than 50 percent of the 2080 hours of non-overtime work a year. Even at a hypothetical billing of $100.00 an hour, that would be a maximum of $100,000 a year, which divided by 2.5 would be equivalent to a salary cost of $40,000. Still a far cry from the *average* of $60,000. Also remember that in 1969, NSPE modified their constitution to permit membership by "engineers qualified but not registered," which is when I resigned from NSPE. Does this salary survey include these "qualified but not registered" (whatever that can be) individuals? A. Roger Turk, P.E. (Structural) Tucson, Arizona --- Internet Message Header Follows --- Received: from server1.seaoc.org (bqe.com [184.108.40.206]) by host1.texramp.net (8.8.5/8.8.5) with SMTP id NAA28598 for <rlewis(--nospam--at)techteam.org>; Wed, 16 Apr 1997 13:57:35 -0500 (CDT) Received: from dub-img-5.compuserve.com by server1.seaoc.org (NTList 3.02.13) id ra018373; Wed, 16 Apr 1997 11:24:23 -0700 Received: by dub-img-5.compuserve.com (8.6.10/5.950515) id OAA04350; Wed, 16 Apr 1997 14:21:52 -0400 Date: 16 Apr 97 14:20:32 EDT From: Roger Turk <73527.1356(--nospam--at)CompuServe.COM> To: SEAOC <seaoc(--nospam--at)seaoc.org> Subject: Re: American Engineers have it good? Message-ID: <970416182031_73527.1356_CHK55-1(--nospam--at)CompuServe.COM> Reply-To: seaoc(--nospam--at)seaoc.org Error-To: seaoc-ad(--nospam--at)seaoc.org X-Loop: seaoc(--nospam--at)seaoc.org X-Info: [SEAOC] Owner: seaoc-ad(--nospam--at)seaoc.org X-POP3-Rcpt: seaoc-ad(--nospam--at)seaoc.org X-Sender: seaoc-ad(--nospam--at)seaoc.org Precedence: list X-ListMember: rlewis(--nospam--at)techteam.org [seaoc(--nospam--at)seaoc.org] __________________________________________________ Richard Lewis, P.E. Missionary TECH Team rlewis(--nospam--at)techteam.org The service mission like-minded Christian organizations may turn to for technical assistance and know-how.
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