chemical engineering jobs
(chemical engineering jobs stat in Pakistan available at www.ChemicalProcessing.com )
In times of transition, it is difficult to predict when the problems will come to an end. After the global economic slump and aftershocks of so called “war on terror” all the jobs including chemical engineering jobs became much difficult to find than past. In the chemical industry, which along with many other related industries, has shed chemical engineering jobs and left many chemical engineers to readjust their targets.
There is some hope among chemical engineering jobs seekers in the industry — companies have started to hire again! — but the slight surge of hope is diluted by the outsourcing of jobs to workers in foreign countries, as well as serious downfall in U.S. chemical industry.But hope is rising again!!
What Wall Street Journal says?
“In contrast, about 54% of chemical engineering and management information systems majors were satisfied or very satisfied, according to the survey, making them the happiest with their careers. “Engineers tend to proactively choose their career path and can easily find a marketplace for their skills,” said New York-based career coach Bettina Seidman”.
(Latest chemical engineering jobs stat in Pakistan and all around the world, visit www.ChemicalProcessing.com )
U.S. Bureau of Labor Statistics
According to U.S. Bureau of Labor Statistics around 29,000 (local stats) chemical engineers were hired in engineering sector. Employment rate escalation was promising with 3.1%, higher than previous year. But in 2010 due to international economic crisis there was small slump in jobs availability and wage amount. Morover Mean hourly average wage stood around $44.07 which is good in my opinion with average rise of around 0.8% annualy. Chemical engineering jobs stats by U.S. Bureau of Labor
|Hourly mean wage||Annual mean wage||Employment|
|Oil and Gas Extraction||760||$55.56||$115,570|
|Management, Scientific, and Technical Consulting Services||300||$49.48||$102,920|
|Motor Vehicle Parts Manufacturing||150||$47.16||$98,090|
|Scientific Research and Development Services||3,550||$47.05||$97,860|
|Federal Executive Branch(OES Designation)||1,100||$47.02||$97,810|
(last updated May 14, 2010)
2010 Salary Survey: Clouds of Concern are shedding
Salary and Job Satisfaction
Chemical industry think-tanks believe that they’ve weathered the worst of the economic storm, according to results of Chemical Processing 2010 Salary and Job Satisfaction survey. This year, 52% (860) of respondents are concerned about job security and 48% (778) are not compared to 58% who were and 42% who were not in the 2009.
(Latest chemical engineering jobs stat in Pakistan visit www.ChemicalProcessing.com)
Pay Raises, Bonuses Drop!
For the first time since the survey was made in 2005, the average salaries published by respondents got the shortfall — from $107,804 in 2009 to $97,554 this year. Until now, average salaries have steadily increased which is promising. In 2005, the average salary was $85,234; in 2006, $89,690; in 2007, $90,038; and in 2008, $95,231. Small percentage declines in those reporting annual incomes within the $115,000 to $125,000 pay ranges and increases in those who are earning $80,000 to $95,000 account for the decrease in the average salaries reported.
Year Salary Raise Bonus Age Responses
2010 $97,554 3.68% $5,835 47.8 1,827
2009 $107,804 4.23% $6,407 47.3 1,528
2008 $95,231 5.06% $6,561 45.7 1,078
2007 $90,038 4.28% $6,069 46.3 1,830
2006 $89,690 3.84% $4,795 46 1,258
2005 $85,234 3% $4,534 46 1,205
How the Data was Gathered?
A total of 1,827 respondents participated in this year’s survey. That’s second only to 2007 when 1,830 people answered our questions. (special thanks to
www.ChemicalProcessing.com for providing valuable information)
(Latest chemical engineering jobs stat in Pakistan www.ChemicalProcessing.com)
Young engineers for hire
One factor that has become increasingly important in chemical engineering job security is the number of years of experience a candidate has in the industry. “I’ve seen a pickup in the guts of chemical manufacturing,” says Billy Price, a recruiter and owner of Engineering Profiles, Pensacola, Fla. He says there is rise in demand for chemical engineers who have 3 to 5 years of experience “It’s gotten so lean because of cost constraints that they’re [employers] working folks to death by adding more responsibility,” he says. But many companies have started to realized that they can’t continue to function with such truncate staffs, and have begun to hire again. “That to me is more of a sign that things are coming back,”
This is not necessarily good news for those who have tons of experience and who are used to getting larger amount of dollars than those with just a few years of experience. He says, some companies have unspoken age requirements. “When you refer candidates that are qualified and they pass on them, that’s an indication,” he says.
The hope is that the economy will increase chemical company revenues, creating a more favorable hiring situation for those with years of experience, as well as the freshers.
That doesn’t mean that the job market will rebound to the prosperous levels of the late 1990s in recent future. “Companies are being more selective,” Price says. “They have the luxury of a large labor stock and they are taking their time and waiting for the right candidate — it’s frustrating.” Some companies are taking up to a year to fill a position. “Companies are not willing to commit,” he says. “They need the help, but they’ll drag it [the hiring process] on for a year.” But, he has noticed a slight increase in urgency compared to just four to five months ago. “You can tell by the way companies respond — there has been a increase of the pace,” he says.
(Latest chemical engineering jobs stat in Pakistan at www.ChemicalProcessing.com)
On campus Recruiting:
Recruiting young chemical engineers from college campuses has shown some promise. Although Price doesn’t dabble in placement of recent college graduates, he keeps in touch with students who have had above-average academic careers. “Many grads are going back to school because they can’t find a chemical engineering jobs,” he says.
But if you happen to be one of those lucky ones who has laid a path to gainful employment right out of college, the news is good: salaries are on the rise. Ernest Walker, assistant director of career services for Georgia Tech in Atlanta, says chemical engineering graduates are earning more money now than in 2002. The average salary recorded by the school that year was $48,447, compared to the $52,363 that students reported in 2003. Although Georgia Tech did not have figures for master’s-level graduates, its Ph.D. graduates were making more money as well: $85,000 in spring 2003 versus an average of $80,000 in spring 2002.
However, the salary increase revelations are tempered by a decrease in the number of chemical engineering jobs being offered to grads. The school reported its students were offered and accepted 51 jobs in 2002, but there were just 40 in 2003. “It’s more difficult now,” Walker says. “For those students who do a good chemical engineering jobs search, they’re not getting the three to four offers we were seeing in the 1990s. Companies are not recruiting in volumes that they did in the past.”
But job seekers have to take into account this reality: Many chemical engineering companies are not expanding, nor are they installing new plants. “We’re hurting a bit,” Price says. “The chemical business is shrinking. A lot of companies in the United States won’t be able to compete within a few years. There will be a lot of foreign competition.”