Electronic Design

  
Reprints     Printer-Friendly    Email this Article    RSS        Font Size     What's This?


[Technology Report]
Small Firms Pay Less—But It May Be Worth It

Jay McSherry  |   ED Online ID #17181  |   October 19, 2007


Which suits you better: a large multinational conglomerate that comes with its own cafeteria and gym, or a small startup in an office park with a Wendy's down the street?

According to our 2007 Reader Survey, engineers at larger firms (those with 1000 or more employees) earn an average income of $110,602, compared to the $94,169 brought home by their peers at the small design houses (firms with fewer than 100 employees). In addition to better pay, large corporations typically offer engineers a number of other attractive benefits, including strong support systems, more attractive benefits packages, and abundant resources.

But bigger pay and bonuses aren't everything. Smaller organizations have other things going for them, like greater flexibility, a more comfortable corporate culture, and a friendlier working environment. And some engineers are happy choosing this better quality of life over a higher salary.

They may be attracted to a healthier work/life balance, an easier commute, simpler hierarchies, stronger loyalty from the firm, and closer relationships with superiors and coworkers. In addition, smaller firms can offer engineers an opportunity to play a bigger role in each project and the ability to more quickly and decisively distinguish themselves based on their talent. They can also offer a work setting that's less charged with politics and bureaucracy.

Whichever way you decide to go, keep in mind that the biggest challenge can come from moving from one firm size to the other, particularly when moving from a smaller firm to a larger one.


Reprints   Printer-Friendly  Email this Article  RSS    Font Size   What's This?


  • Network-On-Chip Tools Arrive for The Masses
  • Tackling System Design Challenges Through Early Verification
  • ESL Tools Take Center Stage As Designers Move Up
  • Parasitic Extraction Tool Targets Next-Generation Custom ICs
  • Synopsys Jumps Into ESL-Synthesis Pool
  • Verify Control Systems Before Committing To Hardware
  • You're Using How Many FPGAs?
  • Tool Up For The FPGA Blitz
    1) Build A Smart Battery Charger Using A Single-Transistor Circuit
    (179 views today)
    2) Hot Hands For Some Cool Rock: Motion Sensing Meets Audio Engineering
    (167 views today)
    3) What's All This Transimpedance Amplifier Stuff, Anyhow? (Part 1)
    (71 views today)
    4) GPS-Derived Grandmaster Clock Delivers Ultra-Precise Time And Frequency Sync
    (70 views today)
    5) Downconverting Mixers Lower Power Consumption While Improving Performance
    (55 views today)
    ALL TOP 20



    POST YOUR COMMENTS HERE
    Name:

    Email:
    Your Comments:

    Enter the text from the image below


    Please refresh the page if you have trouble reading this text.

    Search Electronic Design
         
      
     
    Web Seminar
    Sponsored By:
    Title: Read Pacing: A Performance Enhancing Feature of PCI Express Gen 2 Switch Devices
    Speakers: 
    Date: 07/01/08
    Register: 

    Electronic Design Europe Electronic Design China EEPN Power Electronics Auto Electronics Microwaves & RF
    Mobile Dev & Design Schematics Find Power Products Military Electronics EE Events Related Resources