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Wednesday, October 3, 2007

Is Your Major Hindering Your Pay Scale And Your Career

Is your salary something to brag about or is the major you chose hindering your earning capacity? Some majors have high initial salaries, like chemical engineering, but not everyone wants to be a chemical engineer. Do English majors have to resign themselves to a life of earning half as much? According to data from PayScale.com, the answer is no.

"Different jobs pay different amounts and the differences are not explained by education," says Al Lee, Ph.D. and director of quantitative analysis for PayScale.com. For example, most experienced national sales representatives (a position with no strong educational requirement) closing deals between $200,000 and $2,000,000, are paid more than $110,000 in salary, bonus and commission, Lee says. That salary is higher than 95 percent of tenured professors of English (a job that requires a Ph.D.), with similar years of experience. Lee adds that people with more experience in a field are paid more, with the biggest salary increases coming in the first 10 years.

Here's a breakdown of a few distinct majors and how their average earnings differ with experience.NY NURSE CAREER

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