The number of electronics engineering job opportunities has been increasing steadily after the end of global economic slowdown. Good times have come for the electronics engineers as many high paying job opportunities are emerging; here's an insight to the current opportunities, and future prospects.
Hurricane Ike’s victims may have had enough power to survive, had there been technology at that time which could provide a sufficient amount of emergency electricity. Electrical and Electronics Engineering has been one amongst the most dominating technologies in the world, which has unsurpassable potential.
No wonder, there are thousands and millions of electronics engineering job opportunities in the market. But, it all comes down to the survival of the fittest. Basically, there are millions of electrical and electronics engineers out there in the market hunting for a competitive job, and your chances of outsmarting the rest largely depend upon various factors such as your communication and inter-personal skills, domain knowledge as well as certifications, and awards and recognition.
How Much Do Electronics Engineers Earn?
Moving on to some interesting statistics, according to the Bureau of Labor Statistics, electronics engineers (except computer programmers) earn considerably more than the electrical engineers, as well as the software programmers. The number of job opportunities for electronics engineers is slightly lower than that of the electrical engineers, but much higher than the computer hardware and software engineers.
The lowest 10% of the electronics engineering jobs pay about $55,330, while the stats indicate lowest paid (lowest 25% of all electronics jobs) quarter of electronics engineers make about average of $68,400.
The median payout of an electronics engineer comes to about $86,370, while the highest 10% of the electronics engineering jobs pay about $129,920, which is indeed some serious money for sure.
Past versus Present: Some More Interesting Figures
There were extremely limited numbers of job opportunity during the peak time of global recession in the past couple of years (for stats click here), and finding a decent paying electronics job was fairly tough. However, the year 2010 has indeed brought a lot of relief in this regard, and things have changed quite a bit. over past few months.
As per the recent stats, engineers hold about 1.8 million jobs, out of which, Electrical engineers have 173,800 jobs and there are about 163,700 job opportunities for the electronics engineers.
Future Job Prospects for Electronics Engineers
According to Bureau of Labor Statistics, the overall engineering employment is expected to increase by about 11 percent over the next decade (up to 2018) decade, and the growth in the field of electronics engineering is predicted to be quite steady as well.
The recent report given by Bureau of Labor Statistics states that “Growth is expected to be fastest in service-providing industries—particularly in firms that provide engineering and design services."
So, there are high chances that you may be able to find a respectable job in the field of Electrical and Electronics Engineering in near future.
What Can You Do to Boost Up Your Chances of Bagging High Paying Electronics Engineering Jobs?
Sure thing, the global economic slowdown has almost ended, and good times are waiting ahead, but you must get yourself equipped to handle the tough competition, and prove your real worth.
Basically, all the electronics engineers are your competitors, and in a world full of competition of that nature, you must try to distinguish your identity and get noticed by the potential employers. Earning online certifications and associates’ degree can be one of the best ways.
And don’t necessarily need to wait for four years to complete a Bachelors Degree in Technology to start your career in this field. As a matter of fact, you may be amazed to know that you can get high paying electronics engineering Jobs with 2-years online degree program.
However, those who hold a Bachelor’s or Master’s Degree in Technology are always preferred over the candidates who’ve only managed to get an online associate’s degree.