Sience Saleries By DisciplineCompared to January, 2002 (see the previous report),
scientists suffered considerable salary drops: geologists' salaries
decreased about 20%, and chemists' salaries dropped around
5%, while biologists' and physicists' salaries decreased about
15%, even ignoring the effect of inflation, which contributes
about 5% additional reduction to scientists' salaries. In other
disciplines suchs as astronomy, biochemisty, biophysics and
zoology, salaries increased to match inflation. Engineers related
to the above affected disciplines also lost some ground: Less
experienced chemical engineers and less experienced electrical
engineers witnessed drops of around 10%. The salaries of other
engineers increased at the same rate as inflation. In summary,
the weak labor market during the past two years has
significantly affected scientists negatively.
Gee! I hope CEO pay hasn't gone down.