Despite the economic highs and lows of the Information Technology industry, computers are here to stay. The world as it is and as it should be has become so dependent on computers for many of its processes; even the support of basic life systems depends on machine capacities now.
Having said that, careers within or related the computer and IT industries are always going to have opportunities available. Computer engineering salary is likely to become more competitive in the next few years. Those qualified as hardware computer engineers are on an excellent career path. To differentiate, when you say Computer Engineering, you’re referring to hardware engineers as opposed to software engineers or programmers.
The Market for Hardware Computer Engineers
The size of computer engineers is relatively small if you look at the broader picture of the IT industry. Based on 2008 figures, hardware engineers held only about 68,000 jobs. They are employed by IT services companies, the communications industry, engineering consulting firms and in computer manufacturing firms. A small number of them engage in private consulting practice.
The demand for hardware computer engineers is projected to increase at about 1.9% a year through as businesses need more specialized professional services to help them build, manage, upgrade or even customize increasingly complex systems and networks. This projected demand for computer hardware engineers is higher than other computer-related occupations as the demand for more computer and office equipment is expected to reapidly increase in the next few years.
Computer Engineering Salary Range
Starting salaries for professionals with a Bachelor’s degree in Computer Engineering are significantly higher than other non-technical BS or BA degree-holders. In 2008, BS C.E. candidates were given starting salary offers averaging just a little under US$60,000 a year.
Average computer engineering salary varied from industry to industry. The computer and office equipment industry which employs the major of current hardware engineers pays an average of $83,710; Computer and IT services industry: $77,890. Electronic parts and accessories paid hardware engineers an average of $73,480 and the telecommunications companies, $72,120.
Even analyzed from top to bottom, computer engineering salary ranges are still pretty good. The lowest 10% tallied average income of under $47,200; the top 10% tallied annual figures of over $119,480. The middlemost 50% of them earned between $58,000-100,000 a year.
Hardware engineers have two ways to significantly increase their earnings potential and marketability. First, get further professional education. Those with master’s degrees in computer engineering are offered starting salaries of slightly under $70,000; those with Ph.D’s are offered rate packages beginning at around $88,000 a year. Second, get enough or specialized training and experience with reputable firms. Large companies like Cisco Systems and IBM have in-house training that result to highly sought-after professional certifications.
With these promising figures of career opportunities and earnings potential, pursue your passion for tinkering with electronic devices and computers. Get trained or qualified as a computer hardware engineer so that you can take advantage of this path’s opportunities and get on a truly fulfilling and rewarding career. With colleges and universities offering flexible course schedules and even online degrees, you’re only a few years away from that hundred-thousand-dollars-a-year income target.