Use the space as an opportunity to market yourself. Here's how to quit a new job. The best-paid 25 percent made $112,850 that year, while the lowest-paid 25 percent made $67,430. are among the highest of all college graduates. While the industry still trails broader digital adoption maturity,1 the continued adoption of digital technologies could alleviate some of these issues. In 2019, the engineering and construction industry saw overall market growth despite cost pressures, labor shortages, and trends toward fixed-bid projects. "Employment is projected to grow about as fast as the average for all occupations, This box/component contains JavaScript that is needed on this page. Building a solid digital roadmap can help with operational challenges while also delivering competitive advantage for the early adopters. Read more about how we rank the best jobs. Year after year, engineering jobs are paid the In today’s rapidly evolving marketplace environment, key business issues are converging with impacts felt across multiple industry sectors. Our 2020 engineering and construction industry midyear outlook provides actionable insight. time for those graduates to reach their prime earning potential. How can engineering and construction firms remain competitive and emerge stronger in the wake of the crisis? Survey report. Employers anticipate making engineering, computer science, and math and sciences majors Do not delete! Overall market growth is expected to continue through 2019 as construction spending follows the overall GDP growth rate. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In that period, an estimated 20,500 jobs should open up. Following huge strides in technology, science and computing, engineering students and graduates worldwide can expect to remain in high demand over the next decades, and enjoy one of the lowest rates of unemployment of any of the major sectors. A bachelor's degree in engineering is required for most entry-level Your work-from-home clothes can be contributing to your overall productivity. According to the BLS, one of every five civil engineers has a master's degree. Finding your dream job starts with knowing what makes you the way you are. Despite these challenges, E&C firms are poised to potentially benefit from several significant opportunities in the industry: the US transportation and infrastructure upgrade initiative and the rise of smart city mega-projects, to name two. How will the trends we watched in 2019 play out in 2020? What is an engineering degree worth? Career Outcome and Salary Statistics for ISU Engineering Students. Employers like to have both types around, but finding an employee with stronger training in critical thinking skills always helps, and an advanced degree certainly indicates more training in that area." How Much Do Civil Engineers Make in Your City? 2020 Engineering and Construction Industry Outlook: A midyear update has been saved, 2020 Engineering and Construction Industry Outlook: A midyear update has been removed, An Article Titled 2020 Engineering and Construction Industry Outlook: A midyear update already exists in Saved items. DTTL and each of its member firms are legally separate and independent entities. According to the U.S. Bureau of Labor Statistics (BLS) engineers have a median annual Average Americans work well into their 60s, so workers might as well have a job that's enjoyable and a career that's fulfilling. Podcast: Midyear 2020 Engineering and Construction Industry Outlook, 2020 Engineering and Construction Industry Outlook. Here's what to know whether you're working from home or the office. Discover Deloitte and learn more about our people and culture. Among the challenges the industry faces are sustained cost pressures, ongoing labor shortages that affect productivity, and trends toward fixed-bid projects that often demand a level of pricing and operations precision that is difficult to obtain with traditional systems. To remain competitive, industry leaders will likely continue to define a new vision and map a comprehensive digital blueprint to realign their business and operational processes to reflect the opportunities that innovation and technology provide. The bottom line: it is well worth the time and effort it 1. Starting salaries In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. This message will not be visible when page is activated. Civil Engineers made a median salary of $86,640 in 2018. Given the opportunities and potential challenges that are facing the E&C industry, the year ahead promises to be dynamic. Though there’s still much uncertainty, the path forward includes a focus on several bright spots in certain end markets and approaches. Some of these incredible structures include the Burj Khalifa in Dubai, the Golden Gate Bridge in San Francisco and "Spaghetti Junction" in Birmingham, England, which wouldn't be possible without talented civil engineers. Every step of a virtual career fair can be an opportunity to learn more about an employer. Did the dream job quickly turn into a nightmare? wage of $91,010 and the engineering field projects to have employment growth of nearly 140,000 new What is an engineering degree worth? Jobs are ranked according to their ability to offer an elusive mix of factors. As several major trends play out at the national and global levels, including infrastructure upgrades and smart city initiatives, E&C firms have opportunities to play central roles. ", Geological and Mining Engineering and Sciences, Manufacturing and Mechanical Engineering Technology, Mechanical Engineering-Engineering Mechanics, Michigan Tech Tops the State in Return on Investment, Michigan Tech Ranks #2 in State for Value of an Education, 11 Public Colleges Where Grads Make Six Figures, The 15 public colleges where students go on to earn the most money, Money Magazine Gives Michigan Tech High Marks, Michigan Tech Ranks High Nationally in Return on Investment. Midyear 2020 Engineering and Construction Industry Outlook, Telecommunications, Media & Entertainment, 2019 Engineering and Construction Industry Outlook, Impact of COVID-19 on capital projects, construction programs, Digital disruption in engineering and construction. California Do Not Sell My Personal Information Request. According to the U.S. Bureau of Labor Statistics (BLS), employment for electrical engineers was expected to increase by just two percent over … expected to be good. A podcast by our professionals who share a sneak peek at life inside Deloitte. What emerging trends are on the horizon? Here are the top five in-demand engineering jobs of today and tomorrow. although growth will vary by specialty; overall job opportunities for engineers are jobs over the next decade. the top-paid graduates from the Class of 2017, according to NACE’s Winter 2017 Salary In fact, Year after year, engineering jobs are paid the highest average starting salary.According to the U.S. Bureau of Labor Statistics (BLS) engineers have a median annual wage of $91,010 and the engineering field projects to have employment growth of nearly 140,000 new jobs over the next decade. Review the entire collection of Energy, Resources, and Industrials Industry Outlooks. To get an entry-level position, you'll need at least a bachelor's degree in civil engineering. Explore our midyear outlook—focused on three engineering and construction industry trends—to learn how to address uncertainties and challenges from COVID-19’s impact on the engineering and construction industry and to facilitate recovery in the remaining months of 2020. Fullwidth SCC. some of those majors lead to high-paying careers as well—it just often takes a longer It can also present additional hurdles in terms of successful implementations and upskilling the workforce to absorb the technologies. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities.