Engineering & Technology Salary Guide

Engineering & Technology Salary Guide

In recent years, the demand for qualified engineering talent has soared. And due to rapid growth within automation and robotics and the renewable energy space, new roles in engineering are emerging almost by the day.

With over 60 years of talent acquisition experience, Acara is well-equipped to source and recruit engineering and technology candidates across an array of job disciplines. At Acara, we are committed to implementing innovative people strategies that deliver results and empower the workforce. Through our suite of contingent and direct hire placement services, we help our clients discover premier talent nationwide.

Is your organization prepared to win the race for top talent?

As senior leaders collectively prepare for the start of the new year, developing a well-designed talent approach will be critical in effectively sourcing, recruiting, and retaining these in-demand candidates. By leveraging our 2023 Engineering & Technology Salary Guide, your organization will be well-positioned to attract these qualified professionals with competitive salary rates in 2023 and beyond.

Inside:

  • Anticipated Industry Trends
  • Job Outlook Growth
  • Engineering Salary Guide

All compensation figures within our enclosed salary guide were generated via Lightcast—a premier labor market data and analytics provider. An array of verified public and government sources underpins Lightcast’s sophisticated software. The tool drives in-depth industry analysis by delivering accurate summaries of the labor and compensation market.

Anticipated Industry Trends

Our team of workforce experts predicts the following developments for 2023:

$1 trillion infrastructure package

In November 2021, President Joe Biden signed a $1 trillion U.S. infrastructure bill into law funneling billions of dollars to states and local governments to upgrade outdated roads, bridges, and transit systems—boding well for the fate of public infrastructure and engineers. By the end of 2022, the Administration had announced over $185 billion in funding and over 6,900 specific projects, reaching over 4,000 communities across all 50 states, D.C., and territories. The continued cultivation of new and exciting infrastructure projects will provide ample opportunities for engineers nationwide.

A focus on climate change

As our nation’s weather patterns change, so must our plan to address these climate fluctuations. Engineers will play a critical role in designing cities and states more effectively to protect against hurricanes, tornadoes, and other natural disasters. A push towards innovative and sustainable infrastructure can help to assuage the damage caused by climate change. A greater focus is placed on analyzing, quantifying, and modeling of carbon data which has brought technology to the forefront in the day-to-day role of engineers. Engineers will be helping to lead this push to protect our communities and lessen the impact of inclement weather.

Embracing AI

As artificial intelligence (AI) becomes a pivotal part of the twenty-first century, companies will continue to rely on AI tasks as part of their everyday business. With increased utilization comes increased demand, and the need for these AI professionals in engineering will only continue to grow over the next several years. From contextual advertising and language translation to visual identification or perception, engineers will continue to propel this emerging discipline forward.

Autonomous vehicle engineering (AVE)

AVE covers the fast-evolving field of automated and connected vehicles. The U.S. autonomous vehicles market is projected to balloon into a $186 billion industry by 2030, up from $4 billion in 2021. Driverless car engineers often have prior experience as software developers and systems engineers with robotic specializations and control theory. They will play a crucial role in driving this technology forward and will continue to be in high demand.

UX will no longer be a ‘nice to have’

New technologies have helped companies modernize how to optimize their user experience (UX). As the consumer market has become heavily focused on fostering an exceptional online customer experience, UX engineers will remain highly sought after in the employment market. Every $1 invested in UX yields a $2 to $100 return—a return of 9,900 percent. Because all elements of user research, concept design, prototyping, and implementation are handled by UX engineers, these professionals can find their niche in just about any industry.

Job Outlook Growth 2021-2031

Average job growth for all occupations is 4%. The positions with the highest projected growth in engineering are:

  • 14%

    Chemical engineers
  • 10%

    Industrial engineers
  • 10%

    Bioengineers/biomedical engineers

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