Based on data from the US Bureau of Labor Statistics, on average, Financial Specialists make $87,350 annually, while Engineers make $107,800 per year. As a result, Engineers earn a wage that is higher than Financial Specialists.
Keep in mind, however, that the amount of pay an employee receives can be influenced by factors like location, experience, and the specific setting in which they work. For instance, Engineers working in Washington DC (with a wage of $139,880 on average) may have higher salaries than those in Kansas ($77,250).
Financial Specialists vs Engineers overview
Financial Specialists and Engineers are two important jobs in the Professional, Scientific, and Technical Services industry. Many people are interested in understanding the distinctions between these job titles, including the average earnings for each of them.
Financial Specialist average salary
According to data from the US Bureau of Labor Statistics, the number of Financial Specialists employed by the United States in 2021 was 2.9M, and the average income they earned annually was $87,350. The bottom 10 percent had a salary of $43,720 or less, and the top 10 percent had a salary of $140,710 or more. The average salary has an increase of 2.2% in comparison to the previous year.
Do Financial Specialists make good money?
The mean salary of Financial Specialists is about a half above the average pay in the United States ($58,260). On the other hand, they make 4% less than the mean salary of the Professional, Scientific, and Technical Services industry ($91,150).
The mean salary of Financial Specialists is about a half above the average pay in the United States ($58,260).
Financial Specialists job growth
In 2021, there have been 145,370 more Financial Specialist job opportunities than the previous year across the nation, and that shows an increase of 5.3%. Over the past 3 years, job growth has averaged 2.5%.
Engineer job description
Alternative names: Engineers, All Other
Engineers all engineers not listed separately.
Engineer average salary
As reported by the US Bureau of Labor Statistics, in 2021, the number of Engineers employed in the United States was 151,940, and they earned an average of $107,800 per year. The bottom 10 percent had earnings of $58,730 or less, and the top 10 percent had earnings of $164,690 or more. The average salary marks an increase of 0.7% compared the previous year.
Do Engineers make good money?
Engineers are usually paid well, as their average salary is 85% higher than the average salary in the United States ($58,260). Moreover, they earn 18% more than the average pay of the Professional, Scientific, and Technical Services industry ($91,150).
Engineers are usually paid well, as their average salary is 85% higher than the average salary in the United States ($58,260).
FAQ
Do Financial Specialists or Engineers make more?
Engineers make about a quarter more than Financial Specialists. The average annual salary for Financial Specialists is $87,350, while Engineers earn $107,800 per year.
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