The US Photonics Job Market: Are Wages Reflecting the Economy?
Our readers' satisfaction with their jobs remained constant at 78 percent, as compared with 80 percent in 2002.
There is no doubt that the photonics market is feeling the effects of the downturn in the worldwide economy. But in terms of wages, the results from our annual survey show that it may not be as bad as everyone thinks. There may be a market shift in certain salaries, but other pay levels in the industry have remained constant or have even seen increases.
The median salary for the photonics industry experienced a dip of 3 percent, but some jobs saw increases. Senior management, consultants and educators showed declines of 9, 23 and 29 percent, respectively. On the other side, project/product managers and researchers/scientists gained more than 20 and 13 percent, respectively...
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