How much a Retired Structural Engineer makes

  Рет қаралды 45,374

Income Interviews

Income Interviews

Жыл бұрын

Пікірлер: 82
@zye8360
@zye8360 4 ай бұрын
Structural engineering lies on par with medicine. Both life saving careers not suitable for those who go for money. Especially applies to structural engineering because of the lack of recognition and humble nature of engineers.
@michaelweyenberg6238
@michaelweyenberg6238 Ай бұрын
The difference being, you get paid much better in medicine.
@zye8360
@zye8360 Ай бұрын
@@michaelweyenberg6238 due to engineers not being able to sell themselves enough. It’s a shame the agents who sell the building many times earn most than the designer who is completely liable.
@ProfesionalAP
@ProfesionalAP 29 күн бұрын
​@@zye8360 we are too low at the bottom of the piramid.
@zye8360
@zye8360 27 күн бұрын
@@ProfesionalAP can’t complain tho, we are actively saving lives and will get rewarded one way or the other. Net positive
@billj5645
@billj5645 4 ай бұрын
I'm a structural engineer on the verge of retirement. A retired engineer makes the same as a retired waitress- $0. Nobody is going to pay you after you stop working, you have to create your own savings before you retire.
@salvadordossantos6424
@salvadordossantos6424 Ай бұрын
Can dm you if you don't mind?
@Hs5687
@Hs5687 9 күн бұрын
In Countries like Singapore, the Predatory Government keeps reinventing New Ways to Continue to STEAL Your Assets After Retirement , especially if You or Your Family are Politically Targeted…
@dwaynejohnson6277
@dwaynejohnson6277 8 күн бұрын
Most jobs are like that now. Company pensions aren't what they used to be.
@adilchauhan397
@adilchauhan397 9 күн бұрын
I see so many people asking if you need to be good at math to be a civil engineer. You don't need to be great at math. I think too many people get scared of engineering because they are afraid of math. I'm your day to day job no one does manual calculations any more. But you do need to be able to understand when the software is not giving you the right results and therefore need to be able to do the calculations manually (using tools like Excel). The math for civil engineering is at its hardest in school. Once you graduate the math is very straightforward in your day to day job in my opinion. You can use Excel and that really makes things easy.
@dwaynejohnson6277
@dwaynejohnson6277 8 күн бұрын
Correct. You dont have to be terribly good at Math after graduation, but you do to get into uni and through uni.
@irwinsaltzman979
@irwinsaltzman979 3 күн бұрын
One has to pass 10 credits of calculus and 2 other higher level math classes. That requires one to be good in math. I agree most engineers are not mathematicians, dislike abstract math, and have no interest in proving math concepts.
@adilchauhan397
@adilchauhan397 3 күн бұрын
The point I'm making is that once you are through school, your day to day math is not that hard. Don't let fear of math stop you from going into engineering even if you are not great at it. If you have a good understanding of algebra and can make it through the higher math classes in college, you will be fine. Algebra is what is used most in your day to day job. If you are terrible at math and dread the thought of it then skip engineering.
@irwinsaltzman979
@irwinsaltzman979 3 күн бұрын
Mr.Adil. I agree with you about after college need for math. Interesting most engineers are efficient estimators, can tell when calculations are way off, quick at calculating without need of a machine etc. However as a high school math tutor many kids ‘not good in math’ have limited number sense. (Fraction manipulation and values, memorizing multiplication tables, basic algebra rules , calculating costs with a discount, etc)
@appleid4469
@appleid4469 10 ай бұрын
This really inspires me Im already planning to study in civil engineering and this feels like a dream which will come true one day❤
@sidahmedhassan804
@sidahmedhassan804 8 ай бұрын
Don’t
@appleid4469
@appleid4469 8 ай бұрын
@@sidahmedhassan804 why brother
@zye8360
@zye8360 8 ай бұрын
3rd year structural here. Agonising if you're doing it for the pay. Besides, with 450k can almost guarantee he RAN his own firm. @@appleid4469
@henrylee1006
@henrylee1006 7 ай бұрын
Don’t
@roboarmy357
@roboarmy357 6 ай бұрын
@@appleid4469ignore them. Follow your dream and work hard!
@MyLegsAreKindaLong
@MyLegsAreKindaLong 22 сағат бұрын
nice interview
@Ronin_marine
@Ronin_marine Ай бұрын
My dad is a structural engineer. And he basically knows how everything works
@salvadordossantos6424
@salvadordossantos6424 Ай бұрын
Can dm you if you don't mind? I need to know if I can study structural engineering or move into It field. I'm very confuse now.
@vdtranz1
@vdtranz1 29 күн бұрын
Hi
@constancereed2796
@constancereed2796 2 ай бұрын
I have enjoyed the studying of engineering, it is not easy , you must study in every part of it , you must be good at math , you won’t be able to avoid that at all.
@f.c2130
@f.c2130 4 ай бұрын
Finally there is a structural engineers income !
@frnndnbl
@frnndnbl 23 күн бұрын
but he was a partner. Way far from regular salaries which are a fourth of that. Not the best career if you want to make money
@ambiven10
@ambiven10 13 күн бұрын
@frnndnbl yupp its a terrible career choice
@davidortega3393
@davidortega3393 10 күн бұрын
Structural engineering is one of the lowest paid engineering professions, and will probably continue to go down as so much of it gets taken over by software. This guy made 450k late in his career because he was a partner, not because he was an engineer.
@frnndnbl
@frnndnbl 10 күн бұрын
@@davidortega3393 everything is done by software in all professions. I think is because structural engineers dont ask for more
@davidortega3393
@davidortega3393 10 күн бұрын
@@frnndnbl I’m not just talking about Excel and Word. So much of the work, from the math to the logistics to the simulation to the document management is automated. And I’m sure AI is going to do so much more. With these changes, it becomes harder for a structural engineer to command a higher salary based on their skills and experience, since much of that is encoded into software.
@shivamannan
@shivamannan Ай бұрын
I am a structural engineer. It is like an art. You learn only by continuously practicing for many years. It requires tremendous concentration for reading many codes (rules) ,calculations and drawings.
@salvadordossantos6424
@salvadordossantos6424 Ай бұрын
Can dm you if you don't mind? I need to know if I can study structural engineering or move into It field. I'm very confuse now.
@rfehr613
@rfehr613 Ай бұрын
A partner salary is not nearly representative of the industry as a whole. They are part owner, so they make considerably more than their employees. But also, partner compensation can vary wildly from one company to another. Regular employee salary is much more fixed industry-wide, especially when looking at the two major sectors in structural engineering - buildings and bridges. In the US, Structural engineers make about the same as other civil engineers, only a few thousand more per year on average. Building structural engineers tend to be slightly better paid than bridge structural engineers, but the difference is nearly negligible. For reference, i am a mid-level bridge structural engineer, and my base salary is $121k. My salary is on the high end for my level; the range is probably about 90-120k for my experience level in the industry. Technically, i do also receive profit sharing, but it's so tiny and unpredictable that i don't even count it. At most, it might account for an additional $2-3k more on a good year. We really don't make *that* much money considering the schooling, licensing, and job responsibilities we are given.
@frnndnbl
@frnndnbl 23 күн бұрын
Why don't we go on a strike asking for more money? I've seen this problem with structural engineering worldwide. We need to wake up and ask for more. We literally build society
@rfehr613
@rfehr613 23 күн бұрын
My opinion is that it's really just not in the nature of an engineer to create conflict like that. But more importantly, we work in an industry that is perhaps unusually transparent with contract details. The contracts bids are publicly accessible, by law. Even the breakdown of the bid is often, if not always, available for the public to see, and it's certainly available to the consultant and their employees. So we can see the actual dollar amount paid to a consulting firm for their services. How that dollar amount is budgeted within the firm is typically available to anyone in the firm. I can look up a big transportation project I'm on and find the fee for consulting services. Then I can go onto our network and find the estimate that was used to determine that fee. And that estimate will have a break down of hours for all engineer levels, including assumed pay rate and a rate multiplier. And what you come to realize is that the firm isn't trying to screw you over lol. There's no grand conspiracy about big corporations trying to take advantage of the little man. The numbers actually make sense. I think the reason overall project budgets get so inflated is due largely to the red tape and inefficiency of the government agencies. There's also always "fluff" in the budgets, because things almost never go as planned on a project. Furthermore, some clients/agencies run a tighter ship than others, so one project might have a decent profit margin while another is in the red. The goal is to not end up in the red overall.
@frnndnbl
@frnndnbl 23 күн бұрын
@@rfehr613 so in building construction for example the guy who sells the house earns way more that the guys who designed. Also, the seller is not responsible if the structure fails during a ultimate state scenario. That doesn’t seems fair. We should make more. 25% more al least
@rfehr613
@rfehr613 23 күн бұрын
@@frnndnbl building construction (as in commercial buildings) is not unlike Bridge construction. For a design-bid-build contract for example, the client asks consultants for proposals on the job, the consultants create their proposals, client picks a winner, proposals go out to bid, construction companies put out their bid proposals, client picks a winner, project starts. That's the process in a nutshell. There is no "guy who sells the house" in this scenario. That 'guy' is asking people to build his house for him to use. It seems to me like you might be referring to residential construction, which is kind of a niche industry for structural engineers. There's not a whole lot of structural design involved in residential building construction. And in that case, the contracts are vastly different. If you are a structural engineer working for Ryan homes, NV homes, toll Brothers, etc., you are employed directly by the owner. You're not a separate entity who won a contract. In this case, the builder already secured the land, and all design and construction is handled in-house by their own engineers. I imagine the only publicly available details in this instance involve the land purchase. To my knowledge, there's no legal requirement for the builder to make their internal budgets public. It's private practice on private land. Commercial buildings are private practice sometimes on private land, but the nature of the contract process makes it so that the details are public. Transportation projects are government projects on public land, so they definitely must be transparent. I'm not saying that we shouldn't get paid more, especially if we are stamping things (a lot of times only the senior staff stamp). But in most cases in the industry, there's no evil corporations trying to horde all the money. It just doesn't work like that. Niche industries may be different, but they're niche industries. The mega huge corporations like AECOM are probably the worst ones in the big industries, but I'm not sure how much of that is greed vs simple inefficiency caused by their size. When executives are MBAs instead of MSCEs and when pleasing the shareholders is a requirement, company goals will shift. Some companies don't handle that well, but at the same time we all have the option to go work elsewhere. Contract employment isn't super common in the industry.
@Salafiyyah_
@Salafiyyah_ 4 ай бұрын
I’m not really good at math should I still do it? Do you HAVE TO be good at math to do Civil Engineering?
@iESTO818
@iESTO818 4 ай бұрын
Math can be learned. Just get enough practice and you’ll be fine. Be good
@blabla903
@blabla903 4 ай бұрын
I'm a structural engineer. You absolutely MUST be good at math. There is a not a single day that has gone by in years that I haven't used at least algebra once.
@luismiguelcopajaquispe9993
@luismiguelcopajaquispe9993 4 ай бұрын
@@blabla903 hi, could i write you?
@lumo9435
@lumo9435 3 ай бұрын
You need to be good at math. However, you don't need to be good at every area of math. Algebra, calculus (but maybe not diff eq), matrix, and most importantly, logic are all you will mostly need. That's generally it. Could be less in some field of CE, could be more if you want to go for a very specialized area or highly fancy project
@daritapro
@daritapro 2 ай бұрын
The less math intensive part of civil engineering would be construction engineering, but that still requires you to be good at calculating areas and volumes of stuff for pricing materials. That is usually done in a spreadsheet so you can get by if very basic math is the issue
@O_Canada
@O_Canada 6 ай бұрын
Proh-jects
@easymathematics6679
@easymathematics6679 4 ай бұрын
Don't study structural engineering,its a trap 😥. I haven't slept well in days trying to analysis a structure 😴
@kurtsalm2155
@kurtsalm2155 2 ай бұрын
Your status as a loser doesn't translate to other people. No one should listen to you.
@shrijeet.gaikwad
@shrijeet.gaikwad 10 ай бұрын
Damn 450k
@jichunqin1990
@jichunqin1990 4 ай бұрын
need to be a partner in a big firm, not easy. Salary would be maybe 200k, in a good year you get 200k ish bonus because you own shares of this company.
@drumset09
@drumset09 Ай бұрын
That's nothing compared to what Taylor Mali makes
@babak23237
@babak23237 3 ай бұрын
Stop the CAP
@fazzaini8290
@fazzaini8290 27 күн бұрын
I am a structural engineer on weekdays and drag queen on weekends. I love both my careers.
@asim9738
@asim9738 4 ай бұрын
All the people who are saying don't go into Civil Engineering are stupid. Civil Engineering is a lucrative industry and has created many billionaires around the world.
@michaelweyenberg6238
@michaelweyenberg6238 Ай бұрын
LOL
@sipius22
@sipius22 5 ай бұрын
Structural engineers do not retire from their calling.......if he is retired he is a lightweight.........450k as a partner of a "major" firm?......you can make more than that with your own "Small and not so major" firm.
@Kalvin9898
@Kalvin9898 4 ай бұрын
Yeah but there's a lot more involved, also 450k is insane for structural.
@tyson8576
@tyson8576 4 ай бұрын
Making that as an engineer in Canada is ABSURD
@saifchowdhury3581
@saifchowdhury3581 4 ай бұрын
You are comparing a construction firm and an individual design consultant. In the video he is a design consultant. Also a small construction firm can make millions a year, but most of the money will go into salary, cost of raw materials, and office/transport expenses. At the end, the owner will be left with less than a million, if it's a small business. 450K is a good amount for partners. In my firm, the partners make around 300K to 400K based on their years of experience, which can be decades apart. Then there are bonuses and profit share. So major board members will earn 500+ easy, whereas other partners will earn 400K+
@oluwoleodetola1626
@oluwoleodetola1626 4 ай бұрын
​@@saifchowdhury3581Which country is that??
@salvadordossantos6424
@salvadordossantos6424 Ай бұрын
​@@tyson8576Can dm you if you don't mind? I need to know if I can study structural engineering or move into It field. I'm very confuse now.
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