Why It’s a Great Time for New Graduates to Find Engineering Jobs
Posted March 4th, 2020
Today, it’s a great time to be a new engineering graduate. The unemployment rate in the United States is still incredibly low, and job prospects are strong. Nearly every engineering specialty is experiencing growth, with some outpacing the national average.
In an effort to stay ahead of the competition, companies are increasingly open to hiring newly-minted grads. This means new engineers have access to more job opportunities and may have an easier time launching a lucrative career in the engineering field.
If you’d like to learn more about why it’s a great time for new graduates to find engineering jobs, here’s what you need to know.
Salaries Are Rising
When low unemployment is coupled with job growth, pay rates typically rise. Companies use higher salaries to entice candidates into applying. Similarly, organizations might uses raises to bolster retention, ensuring their best and brightest engineers don’t seek out higher-paying opportunities elsewhere.
In many cases, new graduates with a Bachelor’s in engineering can secure starting annual salaries near the $69,000 mark. In 2019, engineering was actually the top paid major, coming in ahead of computer science, math, and business degree holders.
In many cases, companies also boost other forms of compensation, like benefits packages or bonuses, when salaries rise. Since the goal is to make sure they are a competitive employer, they have to keep pace with the competition.
Additionally, it may give graduates the ability to look at other factors when selecting an employer. Since pay rates are strong, candidates can factor in a company’s culture, mission, training program, or other points when choosing opportunities. They don’t have to sacrifice the quality of the work experience to secure higher pay, allowing grads to find options that represent the best of both worlds.
Job Opportunities
Most engineering graduates can find suitable job opportunities with relative ease. Many of the engineering specialties are expected to experience at least average growth over the next eight years. That includes popular options like civil, mechanical, environmental, and chemical engineering.
Grads who want to pursue careers in industrial engineering are especially in luck. The job growth rate for that specialty area is actually expected to outpace the national average across all sectors. Between 2018 and 2028, it’s anticipated to rise by 8 percent, creating a total employment change of 23,800 over that period.
Find the Engineering Job for You with the Recruiters at Bayside Solutions!
Ultimately, it’s a great time to be a new engineering graduate, and it could potentially remain that way for the next several years at a minimum. If you’d like to learn more about securing an amazing engineering opportunity or are currently looking for an engineering job, the team at Bayside Solutions can help. Contact us to speak with one of our recruiters today and see how our services can make starting your engineering career off on the right foot as easy as possible.
