Mechanical engineers in the United States are earning on average nearly $50,000 more than industrial engineers.
In a new report from the Institute for Policy Studies (IPS), the institute found that mechanical engineering graduates earn an average of $53,000 annually compared to $42,000 for industrial engineers and $31,000 per year for technical professionals.
The pay gap has grown more than five-fold over the past 20 years, with the average annual pay of a mechanical engineer rising from $17,600 to $33,200.
The report also found that more than one-third of graduates who enter the workforce have no prior engineering experience, a figure that is rising at a rate of 3.6 percent annually.
But there is still a lot more to learn, according to the report.
The Institute for Quality in Engineering (IQE) reports that the average salary of a graduate of an engineering program is more than $100,000 lower than the median pay for the private sector.
This is partly because engineering degrees are not as widely held as technical degrees and there is less incentive for students to get a job in a field that is a bit more specialized than engineering.
For example, the median salary for a mechanical engineering grad is $34,700, compared to the $45,000 median for a technical associate.
Engineers also tend to be less likely to be employed in industries with lower wages, such as financial services and construction.
The study also found a gap between graduates who go on to pursue their engineering careers and those who stay in the profession.
The median tenure for mechanical engineering graduate workers was four years, compared with eight years for technical associate and 15 years for associate.
The institute also found an increase in the number of engineers in graduate programs, with fewer than 25 percent of graduates completing their degree at the end of their career.
Some of the biggest increases in salary over the last two decades have been for the engineering and computer science fields.
For engineering, engineering graduates have seen their pay grow by 12.7 percent and 7.9 percent, respectively, over the same period.
For computer science, the pay of engineering graduates has increased by a staggering 57.2 percent.
This was mostly due to a rise in salaries for graduates who have more than 30 years of experience in the field.
While the Institute reports that graduates who finish their degrees with a bachelor’s degree earn a median salary of $65,000, they still lag behind those who complete their degree with an associate’s degree, a job that pays less than $65 a hour.
Engineering graduates are also paying the highest rates of union membership, with a median of 46.4 percent.
The salary gap between engineering and other engineering fields is also widening.
According to the Institute, graduates of engineering have a median annual salary of just $47,500 compared to a median earnings of $59,200 for graduates of the same field who earn a bachelor degree.
The most common reason for the difference in compensation is that engineering graduates are paid more for a higher degree.
A recent survey of 1,500 engineering graduates, however, found that nearly half of graduates had received a graduate degree in the past five years.
This may have something to do with the fact that engineering students are often more highly educated, with more than 90 percent of them having graduated from college.
The IPS report also noted that there are a lot of engineering jobs that are not in demand.
The largest shortage in manufacturing jobs is in healthcare, but a shortage of mechanical engineering engineers may also be a factor.
It is possible that the lack of demand for engineering graduates may be due to the growing number of students entering the field, but the report also notes that many engineers will take jobs outside of engineering.
“There is a real possibility that a lack of qualified engineering graduates will result in the continued growth of a highly competitive manufacturing sector,” said the report’s author, Andrew Pyle, a professor at the University of Minnesota and director of the Minnesota Graduate Program.
The current wage gap between mechanical engineers and other industries is the largest in the country.
In fact, the Institute’s report found that engineers earn the most money in industries that do not require a bachelor of science degree.
Mechanical engineers earn an annual average of more than twice as much as other workers in the private and public sectors.
The number of mechanical engineers working in non-engineering occupations rose by 11.6 million between 2009 and 2015, while the number in non–engineering occupations increased by 1.4 million, according the report, which also found higher education as a major source of income for mechanical engineers.