Salaries are up, employees are content, industry survey concludes.
The 2008 Photonics Salary Survey bodes well for the industry. Salaries overall have kept pace with inflation, showing a 4 percent increase over last year’s numbers. Other heartening statistics include a job satisfaction rate of 75 percent and a majority reporting that their companies are in a hiring mode, with a slight increase in hiring for photonics positions.
This year’s survey was conducted by Laurin Publishing’s IT department, which sent out questionnaires in late fall to a sample of its subscribers. The results are based on more than 3000 replies.
The figures shown in the report are presented as averages, percentages or Yes/No responses.
Survey results
Salary, age 45 and below.....................................................$87,624
Salary, age 46 and above...................................................$112,016
Years in work force.........................................................................22
Years of photonics work experience...............................................14
Would you relocate for a better job?....................................Yes 16%
No 29%
Depends on location 50%
Gender..............................................................................Male 83%
Female 12%
Number of vacation days.................................................................20
How much of a raise did you receive in 2008?................................4%
How many times were you contacted by a recruiter in 2008?............2
For how many companies have you worked?....................................3
How many years have you been with your current employer?..........10
