This Week's Herman Trend Alert

Leadership in Normal 2.0
 

  The Herman Trend Alert

August 5, 2009

Highest Paid Jobs for Fresh Grads

College students: Want the highest starting salary in this economy? Study engineering. According to a new report from the National Association of Colleges and Employers (NACE), engineers earn the best starting salaries. NACE's Summer 2009 Salary Survey shows that four of the five highest starting salaries went to occupations involving engineering.

The Law of Supply and Demand is alive and well in the global labor market. In our audiences around the world the oil and gas producers complain that petroleum engineers are in high demand, often being poached for salaries up to seven times what they are earning in their home countries. Marilyn Mackes NACE executive director confirms, "Even in a tight job market, there are simply more opportunities requiring an engineering degree than graduates available to fill those positions. That drives salaries up."

In fact, as reported in the Digest of Education Statistics 2008 from the National Center for Education Statistics, out of the more than 1,524,000 bachelor's degrees awarded in 2007 (the latest data available), just 450 were in petroleum engineering and only 4,492 were in chemical engineering.

To bring the United States' competitive position into focus, according to an article published in "Business Week" Magazine in December 2005, looking exclusively at four-year degrees, the US graduated 137,437 engineers, versus 112,000 from India and 351,537 from China, though the latter were reported under a "broader category".

The NACE study reported the average starting salaries: Petroleum Engineers are the highest paid graduates at USD$83,121, followed by Chemical Engineers at USD $64,902; Mining Engineers are close behind at USD $64,404. Coming fourth and fifth are Computer Engineers at USD $61,738 and Computer Science graduates (in general) at USD $61,407.

Until the US wakes up to the urgent need to support the STEM (Science, Technology, Engineering, and Math) subjects, it will continue to operate at a disadvantage on the world stage. An important part of earning the Employer of Choice® Award is to support programs that grow the next generation of workers. Wise employers, especially those that benefit from these graduates, will put increasing energy towards encouraging young people to go into these lucrative professions.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3548 or https://hermangroup.com. To sign up, visit https://HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

HOW DOES SHE DO IT?
Our author Joyce gets quoted in TIME Magazine and other national media on a regular basis. You can, too! Sign up for ExpertClick.com. You will be found by the news media and in Google search: 1. Through your personal search-engine-optimized press room by 39 topics you choose; 2. By news releases pushed out 10 ways including Google News; 3. Be found in the 2020 printed Yearbook of Experts, Authorities & Spokespersons. Save 15% when you register by October 31st @ http://www.ExpertClick.com/Discount.

APF'S FUTURES FESTIVAL IN 3 DAYS: ONLINE OCTOBER 24TH: FULL SPECTRUM FUTURES
The Association of Professional Futurists proudly presents its annual online learning experiences on Full Spectrum Futures. Network with leading futurists from all over the world. And best of all, it's free to attend, though contributions are encouraged to help defray costs. For more information, visit here.

OUR VERSATILE TRANSLATOR ROCKS!
Excellent translation services from English, French, or German into Spanish. Especially well-versed in medicine/pharma and automobile industries. 5-year Bachelor Degree in Translation. Also editing and proofreading of all kinds of Spanish language documents. Flexible rates, depending on number of words, degree of difficulty/technicality, and turnaround. For an instant quote email Mariana Campora Lesti at marianalesti515@gmail.com or contact her on SKYPE at marianacampora.

To read this Herman Trend Alert on the web: https://hermangroup.com/alert/archive_10-21-2020.html.


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are always welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 90 countries, including other websites and printed periodicals. Click here to sign up for the Herman Trend Alert.

Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home About Products Resources Media ]

 

7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3548
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com


  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.