Tech Industry
15h
2240
Go woke, go broke: Google fires 28 employees involved in pro-Hamas protest
Layoffs
Yesterday
35453
Google CFO confirms "large-scale" layoffs today (Apr 17)
Health & Wellness
9h
3777
Why are women naked in gym?
Layoffs
3d
15873
Will Tesla have just one round of 10% layoffs or multiple rounds of layoffs?
Cars
Yesterday
1738
Why are Americans obsessed with SUV?
I'm an aircraft engineer for American Airlines and looking at all the pay on Blind I'm really shocked -- why is it that with the same engineering background aircraft engineers are paid so much less? Not an engineer myself, but a friend just started as an Aircraft Engineer and was surprised to hear about his pay.
Thus the 737-MAX
Demand
It’s demand and bidding war. Look at how many aircraft companies there are vs software companies. Moving just from google to Facebook might earn you a 50% pay increase. No Google or Facebook is building an aircraft company
Boeing has $200B market cap, which is more than Netflix. Why can’t they pay their Engineers the same amount Netflix does?
How many aircraft engineers are there? Market cap doesn’t tell you a lot. Boeing has only a few products which translate fewer engineers than software companies, which works on hundreds of software products. Some of the cost of Boeing’s product is hardware not just software. At software companies the primary product is software, so it can afford to hire best software engineers out there.
What the profit margin on airplanes? There's your answer ..
"aircraft engineer" is a glorified mechanic. the specialization is in maintenance & servicing of the airplane. the job title is a misnomer. if you go get a masters of science in mechanical engineering, astrophysics, materials science, etc... you can start as an L3 at well over $100k and after a couple years time, easily get promoted to L4, which tops out closer to $180k.
Their job is not as difficult as a CRUD web developer.
Your friend’s TC?
Standard pay 65k for new engineers. Not bad for 8-5, wlb, nonrev benefits, and work trips networking, vendors, conferences. Those missing out when they are tied to desk, poor leadership not exposure to learn from attending certain meetings/industry summits. Again due to poor manager.
What's an aircraft engineer's job?
Scale.