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RE: Engineering compensation

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So are you saying that in your neck of the woods the employee makes more
than the boss?

George Richards

-----Original Message-----
From: Keith Fix [mailto:kefix(--nospam--at)yahoo.com]
Sent: Monday, April 30, 2001 11:08 AM
To: seaint(--nospam--at)seaint.org
Subject: RE: Engineering compensation



I've been told multiplier around here is usually about 2.5, but goes as low
as
two.

So much for profit.

Keith Fix
Little Rock, AR

--- Christopher Wright <chrisw(--nospam--at)skypoint.com> wrote:
> >I posted the comment about the $60,000 framer for the same reason that it
> >was posted that a plumber makes more than an engineer; to illustrate what
is
> >a general inequity in an engineer's pay. 
> First, what we pay for a plumber should be compared with what our clients 
> pay for an hour of engineering time. As I recollect the rule of thumb is 
> 3x salary plus whatever additional overhead gets tacked on to support 
> non-billable salaried people. I expect when you compare salaries or AGI 
> with bennies added in rather than billing rates for plumbers against your 
> take home, you'll get a little different picture.
> 
> Second, why should a master plumber make less (or more) than an engineer? 
> Look who makes money in the US--CEO's, athletes, movie stars, talking 
> heads and people who get commissions for selling someone else's work, 
> irrespective of what they actually contribute. Even if engineering were 
> inherently more valuable than plumbing (or welding or nursing or 
> teaching) we don't pay people for what they contribute in the US. I hear 
> this is just the invisible hand of the marketplace, but I suspect it's 
> the invisible hand of Darwin teaching us the lesson it taught the dodo 
> and the wooly mammoth.
> 
> I finally found the original version of this on a plumbing web site, not 
> a philosophy site--
> "The society that scorns excellence in plumbing just because plumbing is 
> a humble activity, and tolerates shoddiness in philosophy because it is 
> an exalted activity, will have neither good plumbing nor good philosophy. 
> Neither its pipes nor its theories will hold water." - John William 
> Gardner
> 
> Christopher Wright P.E.    |"They couldn't hit an elephant from
> chrisw(--nospam--at)skypoint.com        | this distance"   (last words of Gen.
> ___________________________| John Sedgwick, Spotsylvania 1864)
> http://www.skypoint.com/~chrisw
> 
> 


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