Are you keeping pace with the market for STEM Jobs Compensation?

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sherry for newes.jpgA member’s request got me thinking the other day. He was looking for recent graduate/starting salary data for an engineering job. Not too long ago I posted an interesting tidbit from Robert Half’s take on the hot job status of STEM (Science, Technology, Engineering & Math) jobs – join the CAI Surveys Group on myCAI if you haven’t already to see more. The growing demand for these jobs poses a challenge on both candidates pursuing and acquiring the skill set and employers recruiting and retaining top talent.

 

The rapidly changing STEM environment necessitates you look at your compensation for those positions every year to ensure you're keeping up with the market.  Let’s take a closer look at some select STEM jobs, and the 5 year percent change as contained in CAI's NC Wage and Salary Survey:

 

2014 NC Wage & Salary Survey Job Title

2010

Weighted Average

2014

Weighted Average

5 Year

Percent Change

Chemist, Level 1

$52,095

$54,705

5.0%

Chemist, Level 2 (Lead)

$58,030

$69,022

18.9%

Engineering Manager

$99,975

$103,667

3.7%

Director of Engineering

$121,632

$133,221

9.5%

Lab/Test Tech (Experienced)

$37,813

$38,665

2.3%

Lab/Test Tech (Advanced)

$45,238

$47,552

5.1%

IT Director

$107,953

$114,832

6.4%

Network Administrator

$66,000

$67,708

2.6%

Webmaster

$59,442

$66,491

11.9%

PC Specialist

$45,102

$50,117

11.1%

 

Most employers have at least one of these positions. How does YOUR organization pay STEM jobs? Do you feel the need to be more competitive in this area? If you haven’t already, take a moment to share your data in the 2015 NC Wage & Salary Survey that is currently open through May 8th. Help us grow these in-demand job families, especially all of the Experienced and Advanced/Senior levels we added last year.  We are sure you will want to see the latest data, AND take it even further per drill-down capability in CODA.

 

By the way, while the NC Wage & Salary Survey does not provide starting salaries for college graduates, you can find free national data at the National Association of Colleges & Employers (NACE). To learn more at the local level, however, you will need to purchase a survey subscription/NACE membership. Another alternative is to be on the lookout for CAI's 2015 National IT & Engineering Survey opening in late May. With your participation, you will receive local NC data for entry level IT & Engineering positions.

 

Not sure if your organization has participated in the 2015 NC Wage & Salary Survey? Contact the CAI Survey Team today. Deadline to participate is Friday May 8th!

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