Wednesday, January 23, 2008
Civil Engineers in demand
Civil is one of the least preferred branches in engineering. Few people today want to be involved in building roads, bridges, buildings - actual engineering work. The software industry with its big brands, cool campuses and mainly mental work is more attractive.
But as they say nature has its own corective mechanisms. So it is with the job market. Given the current infraatructure and construction boom civil engineers are in demand. Salaries paid to fresh civil engineers are inching up - matching and in some cases even exceeding IT offers. And real estate companies are willing to pay even better.
Mint reports: According to industry estimates, while salaries for fresh civil engineering graduates from reputed institutes can go up to Rs6 lakh a year in other industries, real estate firms do not mind paying between Rs12 lakh and Rs15 lakh a year for the same graduates. Vice-presidents in such companies earn Rs50-60 lakh a year. In comparison, senior managers in the automotive business earn between Rs18 lakh and Rs30 lakh a year.
Interestingly, even within the sector, there are surprises because it’s not always the top firms that pay the most. Mid-tier real estate developers, who are less established tend to offer higher salaries as it is tougher for these companies to attract experienced professionals who prefer top companies such as DLF.
Of course salaries should never be the reason for choosing a particular stream or profession. Because every industry has its cycles - its ups and downs.
The point however is, that no stream or profession is unlucrative. It may be at the time you graduate that the industry you have chosen is in a down cycle. You would have to spend some years being at a lower payscale than your peers elsewhere. But one fine day demand for your kind of experience rises and then you can command a huge premium.
Again, you can't plan this. It happens. You do your job the best you can, keep learning and growing and rewards come to you. In India we even have a term to describe this approach to life karmayog.
The question is, do you have the patience and faith in yourself to follow this path?
But as they say nature has its own corective mechanisms. So it is with the job market. Given the current infraatructure and construction boom civil engineers are in demand. Salaries paid to fresh civil engineers are inching up - matching and in some cases even exceeding IT offers. And real estate companies are willing to pay even better.
Mint reports: According to industry estimates, while salaries for fresh civil engineering graduates from reputed institutes can go up to Rs6 lakh a year in other industries, real estate firms do not mind paying between Rs12 lakh and Rs15 lakh a year for the same graduates. Vice-presidents in such companies earn Rs50-60 lakh a year. In comparison, senior managers in the automotive business earn between Rs18 lakh and Rs30 lakh a year.
Interestingly, even within the sector, there are surprises because it’s not always the top firms that pay the most. Mid-tier real estate developers, who are less established tend to offer higher salaries as it is tougher for these companies to attract experienced professionals who prefer top companies such as DLF.
Of course salaries should never be the reason for choosing a particular stream or profession. Because every industry has its cycles - its ups and downs.
The point however is, that no stream or profession is unlucrative. It may be at the time you graduate that the industry you have chosen is in a down cycle. You would have to spend some years being at a lower payscale than your peers elsewhere. But one fine day demand for your kind of experience rises and then you can command a huge premium.
Again, you can't plan this. It happens. You do your job the best you can, keep learning and growing and rewards come to you. In India we even have a term to describe this approach to life karmayog.
The question is, do you have the patience and faith in yourself to follow this path?
Labels: engineering, salaries
# posted by Rashmi Bansal @ 10:26 AM 
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Hi Rashmi,
Where did u get these statistics from?
"According to industry estimates, while salaries for fresh civil engineering graduates from reputed institutes can go up to Rs6 lakh a year in other industries, real estate firms do not mind paying between Rs12 lakh and Rs15 lakh a year for the same graduates".
I graduated with a civil engineering degree couple of years back from a reputed institute. Unlike IT grads, who can apply what ever they have learnt immediately on site, Civil & infrastructure people require some experience on site to start applying. So no matter what ever the boom in the respective field is.... for a fresh grad with this background will always earn less than an IT grad.
Though, with experience there are chances that rate of increase may be higher. ( Thats why I am still sticking to it and waiting for the golden apple to fall into my hands :D)
Where did u get these statistics from?
"According to industry estimates, while salaries for fresh civil engineering graduates from reputed institutes can go up to Rs6 lakh a year in other industries, real estate firms do not mind paying between Rs12 lakh and Rs15 lakh a year for the same graduates".
I graduated with a civil engineering degree couple of years back from a reputed institute. Unlike IT grads, who can apply what ever they have learnt immediately on site, Civil & infrastructure people require some experience on site to start applying. So no matter what ever the boom in the respective field is.... for a fresh grad with this background will always earn less than an IT grad.
Though, with experience there are chances that rate of increase may be higher. ( Thats why I am still sticking to it and waiting for the golden apple to fall into my hands :D)
@leela krishna
No,I guess Rashmi di's right!Fresh civil engg. graduates of our college have got a starting salary of Rs.6 lakh and third year civil engg students have found 100% placement,with the accomplishment of being the only branch having done so!
No,I guess Rashmi di's right!Fresh civil engg. graduates of our college have got a starting salary of Rs.6 lakh and third year civil engg students have found 100% placement,with the accomplishment of being the only branch having done so!
@akansha
Waw! thats grt news!.
I should say that things have changed a lot within a couple of years. :)
Waw! thats grt news!.
I should say that things have changed a lot within a couple of years. :)
still i am surprising that fresh civil engineers from reputed instiutes are getting more than 6 laks per annum. can any body list out the those reputed instiutes.
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