ID
× COMMENTARYCOVER STORYIN THE NEWSNEWSFRONTSCHEMENTATOR + Show More
Chemical Engineering MagazineChementator Briefs
RE-free magnets Tetrataenite (L10-FeNi) is a promising alternative to rare-earth-…
BUSINESS NEWSTECHNICAL & PRACTICALFEATURE REPORTFACTS AT YOUR FINGERTIPSTECHNOLOGY PROFILEENGINEERING PRACTICEEQUIPMENT & SERVICESFOCUSNEW PRODUCTS + Show More SHOW PREVIEWS

Comment PDF Business & Economics

CPI Salaries Hold Steady; Workforce Solutions Expand

By Chemical Engineering |

Conditions in the U.S. CPI continue to support high salaries for engineers and skilled technical workers, but conditions also continue to sustain ongoing workforce challenges Engineering expertise and technical know-how continue to be in high demand in the chemical process industries (CPI), and that is keeping upward pressure on salaries for chemical engineers. Survey data from a number of sources indicate that CPI salaries remain strong in 2015 and unemployment remains low. Ongoing capital investments to take advantage of inexpensive and plentiful natural gas from shale deposits continue to cast a large shadow when considering current workforce issues, especially in areas of high activity, such as Louisiana and Texas. Responses to workforce issues surrounding the supply of skilled labor for construction and operation of new facilities are now maturing and expanding, but the scope of the challenge remains large, and is complicated by the depressed price of crude petroleum observed for the past year. Solid, but erratic labor market By many measures, 2015 is a good time to be a chemical engineer in the U.S., and a good time to be employed in the CPI in general. With unemployment among engineers very low (estimated at 1% or less), compensation…
Related Content

Chemical Engineering publishes FREE eletters that bring our original content to our readers in an easily accessible email format about once a week.
Subscribe Now
Trinseo Digitizes Control System Migration Projects to Achieve Fast ROI
Purdue University Saves $400,000 Annually with Local Vacuum Networks
Bag filter Housings/Vessels
Innovative Backwashable Media Filter
Automated Vertical Tower Filter Press

View More

Live chat by BoldChat