Starting salary of a chemical engineer today is? 120 [thousand] That's shortage. Last time I checked that's a good market, guys. You know? Demand's high, supply is short.Contrast that with AICHE's blog, where the median starting salary of a B.S. chemical engineer (via Payscale.com) is [drumroll!] around $65k. AICHE's 2011 salary survey (unlinked to respect member exclusivity -- you can Google it) confirms that range. What's the median overall salary for AICHE's 2011 salary survey? $110,000.
There are four possible explanations:
- Dow is paying their starting chemical engineers $120,000 and Liveris is reporting the truth.
- Dow is paying really good for the industry right now, and are handing out significant bonuses, which Liveris is conflating with salaries.
- Andrew Liveris is confusing median and starting salaries.
- Andrew Liveris is intentionally lying about chemical engineer starting salaries.
UPDATE: 88% (y/y) inflation hits Andrew Liveris' mouth. From a July 2011 CBS news report:
But Liveris, whose company employs 24,000 people in the U.S. alone, says he can't get enough good workers here. "The starting salary of a chemical engineer is $85,000," he said. "And I can't get chemical engineers."I think Mr. Liveris needs to go on the gold standard.
UPDATE 2: Anon1125a says:
|Glassdoor.com screenshot for Dow Chemical|
According to Glassdoor.com, 120 K is at the high end of the senior engineer pay scale at Dow. Senior chemists and senior engineers are early career PhD's, mostly recent hires. In principle, Mr. Liveris is not necessarily fibbing, he just neglected to mention that the qualifications for that salary are a PhD, a stellar job talk and interview, and the candidate would probably have a number of offers from competing companies.
I know a newly minted chemistry PhD that just landed a senior chemist position at Dow starting at 95 K. I've always heard that engineers made about 20% more than chemists, so it appears consistent. In any event, I wouldn't mind getting a foot in the door at Dow.