3/14/2006 2:46:05 PM
Study Shows Strong Job Growth in the Micro and Nanotechnology Sectors
The nano job market is heating
up, according to Small Times magazine, the leading source of news and analysis
about the micro and nanotechnology sectors. Small Times conducted a
compensation survey of micro and nano professionals that revealed an overall
trend in higher compensation and expanding job opportunities. More than 1,300
micro and nano professionals throughout the United States and 36 other
countries responded.
Key findings include:
- On a global basis, the average salary in micro and nanotechnology is
$84,605. In the United States, the average salary is $97,978.
- Expect those numbers to rise: 64 percent of U.S. employees received a
raise in 2005, and 75 percent said they expected to receive a raise in
2006.
- Salaries are rising even faster in hot developing countries. For
example, although the average micro and nano salary in India is only
$15,850, a full 81 percent expect a raise of more than 5 percent in
2006.
According to David Forman, Small Times Associate Editor, the data show
that employers are putting a premium on technology talent. "Engineers and
researchers made, on average, almost $80,000 a year. But salaries varied
significantly by employer type. Component integrators paid on average more
than $94,000 per year while government labs paid considerably less: around
$77,000."
Additional findings include:
- Employees in micro and nano are highly educated. Globally, 36.7 percent
reported a degree at the level of Ph.D., M.D., or J.D., while 29.1
percent reported a master's level degree.
- Those who earn the most in the micro and nanotechnology fields were
partners in legal services firms in the United States.
- Those earning the least were researchers in Asia, the Middle East and
Eastern Europe.
The complete survey results can be found in this month's issue of Small
Times magazine or viewed online at http://www.SmallTimes.com.
Other Headlines from Small Times Media ...
- Cornell gets high marks from peer institutions in Small Times nanotechnology rankings
- UAlbany NanoCollege Ranked Number One for Micro and Nanotechology for Second Straight Year
- Nanotech Success Requires Manufacturing Research
- SmallTimes Magazine and Nano Science and Technology Institute To Co-Produce ‘Health & Environmental Summit on Nano’ at Nanotech 2007 in May
- Oxonica Receives Double Honors at Small Times ''Best of Small Tech'' Awards
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