09:53
Faizan
Will I Make More If I am a Licensed Engineer?
It is often noted that one advantage of getting your PE license is that your salary will increase. And there There is some evidence that this is true. For example, a National Society of Professional Engineer's study cites that licensed engineers earn approximately $20,000 more than their unlicensed counterparts in the same position. That is a pretty good reason to get your license, is it not? Let's look into why this is true, and how you can help to ensure it happens to your salary.
Should I Get a Raise Instantly After Passing the PE Exam?
Of course, I would not expect there to be an automatic raise to kick-in the instant you pass the PE Exam. However, with time there will likely be pay increases that match your new resume. Much will depend on the company and the manager you work for. At a minimum, though, I would think that a nominal raise would be in order to show appreciation for your hard work. When I passed the PE Exam, the company I worked for gave me a small bonus to say 'congratulations'. I suggest if that happens to you that you take your family out for dinner, because you could not have done it without them!
When Should I Expect a Raise
Typically what happens is that after you get your PE License, you are able to manage projects yourself, be fully responsible for the design, and of course sign off on the design. In effect, you justify more pay because you are producing more for the company. What also happens is that once you start taking on those kinds of responsibilities, you are likely to be promoted within the company. With this promotion, often comes a raise. As you continue to move upwardly within the company, raises will match your promotions.
Upwardly Mobile Career Increases Pay
Let's face it, people just do not stay at the same company for 30 years anymore. Most people in this current job atmosphere hold multiple jobs throughout their career. And once you obtain your PE License you become more attractive to other companies. So if other companies make you an higher offer, you either take the new job, or ask your current employer for a raise. Switching jobs is another common way that getting a PE License results in increased pay.
It is often noted that one advantage of getting your PE license is that your salary will increase. And there There is some evidence that this is true. For example, a National Society of Professional Engineer's study cites that licensed engineers earn approximately $20,000 more than their unlicensed counterparts in the same position. That is a pretty good reason to get your license, is it not? Let's look into why this is true, and how you can help to ensure it happens to your salary.
Should I Get a Raise Instantly After Passing the PE Exam?
Of course, I would not expect there to be an automatic raise to kick-in the instant you pass the PE Exam. However, with time there will likely be pay increases that match your new resume. Much will depend on the company and the manager you work for. At a minimum, though, I would think that a nominal raise would be in order to show appreciation for your hard work. When I passed the PE Exam, the company I worked for gave me a small bonus to say 'congratulations'. I suggest if that happens to you that you take your family out for dinner, because you could not have done it without them!
When Should I Expect a Raise
Typically what happens is that after you get your PE License, you are able to manage projects yourself, be fully responsible for the design, and of course sign off on the design. In effect, you justify more pay because you are producing more for the company. What also happens is that once you start taking on those kinds of responsibilities, you are likely to be promoted within the company. With this promotion, often comes a raise. As you continue to move upwardly within the company, raises will match your promotions.
Upwardly Mobile Career Increases Pay
Let's face it, people just do not stay at the same company for 30 years anymore. Most people in this current job atmosphere hold multiple jobs throughout their career. And once you obtain your PE License you become more attractive to other companies. So if other companies make you an higher offer, you either take the new job, or ask your current employer for a raise. Switching jobs is another common way that getting a PE License results in increased pay.
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