Lets play devils advocate:
It all depends on what you bring to the table for your employer. If your day to day tasks do not change after you get the PE, why should they pay you more? I understand you may be worth more to a new employer, but I dont think company A should pay you more just because company B will, especially if you dont bring anything new to the table.
If you want a raise from your current employer, make yourself more valuable. Take on the responsibility of being a design lead, project manager, take a more involved role with the company. Adding 2 letters to your name is worthless if you just stay a CAD-monkey.
Also, is a PE necessary in your line of work? Some industries and employers dont want and/or require a PE. Look at construction, despite needing a civil degree to get some of the jobs, you are not needed to get your PE to get promoted to superintendent or higher. My first employer (heavy highway contractor) actually discouraged engineers from getting their PE, because it would mean they would leave since the contractor let it be known they wouldnt give pay raises.
Also, what it the current state of your employer and industry? If you work for a land development consultant right now, they may be doing everything they can just to not crash. If there has been a 2+ year pay/hire freeze, how do you think the other employees would feel if you're demanding 10% or more without doing anything new for them?
The company i worked for when i got my PE wasnt able to give an immediate raise because the projects i was working on had me at a contracted EIT rate. My responsibilities didnt change, my company wasnt billing me out for any more, and was actually losing money because they had to add me to their liability insurance. When i talked with my boss after passing, he explained all of this to me and let me know that as soon as we started on a new project i would get a raise (10% raise received 3 months later).
My point: look at the whole picture before you trash your current employer. If after that you still want more (both more $ amd more responsibility), then talk with your boss and explain yourself.
Update: I did have to get a new job. Quite ridiculous if you ask me. Compensation is 18% more than I was making last year (that was without negotiating) and over 13% more than my old place was willing to pay. Now, the old place is looking for someone to replace me and will end up paying them more than the 10% raise I would have accepted, while low I would have called it fair. Makes no sense at all! Why must employers do this us employees? I don't understand how this helps them.So, finally got my raise. 4%. I can't believe that my employer thought that giving me such a small raise would somehow make me feel okay. I have typically gotten that for a regular annual raise, not for something so significant. Based on my market value in my neck of the woods, I believe that I am worth about 15% more, minimum. I knew my employer would lowball me, but I had thought 7% or so would have been worse case. With only 4%, I'm floored.
Can we say, "Hello Resume". It has been updated and it now has wings. Already sat for one interview with full intentions of sitting for more soon. I just want to be paid fair market value, its not like I am asking to be in the top 10%, average would be fine for now.
Who else is having this problem? Everyone says that you must change employers when you get your PE, that doing so is the only way to get the correct income. I had hoped my employer would be different.
A banner saying 'good job, now get back to work smart-ass' ?Won't get a raise but the company gives a $3,000 bonus.
That depends on where you live. I made more then 65k without a PE. Now that I passed, I hope to get about 7-10k moreOut of curiousity those that received a raise from passing the PE, did your salary get bumped up to at least 60k? Mine didn't unfortunately, but at the same time we don't have alot of work going on right now but it's slowly turning around so I do feel lucky I did receive something for passing the PE though. Plus side from my job is my health benefits and other miscellaneous benefits are top notch.
The other question is what should a brand new PE be actually making in terms of salary? I always thought it should be at least 65k.
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