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Inflation Bites U.S. Engineering Salaries

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Satisfaction with jobs and pay is up from 2021, but still below 2019 and 2020 levels.

Credit: iStock

The IEEE-USA 2023 Salary and Benefits Survey indicates U.S. engineering salary growth lagged inflation for the second consecutive year, marking the first multiyear income decline since the 2000s.

The median income of 3,992 polled U.S. engineers and other technology professionals who were IEEE members increased 6% from $160,097 to $169,000 between 2021 and 2022. However, average salaries in real dollars fell $3,585 in 2022 following a $3,723 dip in 2021.

Although the gender gap in pay contracted by $7,100 last year, men still earn an average $26,800 per year more than women.

From IEEE Spectrum
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