Need a book? Engineering books recommendations...
Re: Food for thought[Subject Prev][Subject Next][Thread Prev][Thread Next]
- To: seaoc(--nospam--at)seaoc.org
- Subject: Re: Food for thought
- From: Parkerres <Parkerres(--nospam--at)aol.com>
- Date: Mon, 20 Apr 1998 10:11:30 EDT
One reason that doctors and lawyers make a lot more money is that you tend to hire them when you are in trouble. Hence, you are willing to pay more for the best service available. Engineers are usually a luxury, in the sense that the project you are doing is your choice not a requirement. If you had a heart attack, would you put out a competitive bid for the surgery? No, you would hire the best at any cost. This may be one of the reasons we all made more money here in CA in 1994 after the earthquake. When scared or uncertain about their property, people were willing to pay a bit more for engineering services. A second reason: Doctors and lawyers are often paid by insurance, so there is a sense that the cost of services is "free". If an owner has "engineering insurance" as they do when they are rebuilding a damaged structure, they tend to not really care about the engineering cost because "someone else is paying". So we can charge the insurance company more. Since most engineering is pay as you go, we don't usually have this luxury. You will note that doctors salaries have skyrocketed in the last 30 years as more and more of their fees are paid by insurance and Medicare, and less and less by the individual. And so it goes ... Bruce Resnick, SE Parker Resnick Str. Eng.
- Prev by Subject: Re: Food for thought
- Next by Subject: Re: Food for thought
- Previous by thread: Re: Food for thought
- Next by thread: Re: Food for thought