This may be the wrong thread for this, but since we're all just waiting for S.E. results I figure it couldn't hurt to ask...
Is it just me, or does it seem like the only way to move up in pay, responsibility, and title in the structural private design sector is to bounce around from company to company every 3-4 years? I would love to hear other's opinions especially if you work in other regions outside of Southern California if this is common everywhere?
In my own Experiences: Having a Ph.D. (especially if you're coming into industry at entry-level straight from academia), it may help you during the interview process when being compared to the other pool of applicants, but it certainly doesn't equate to higher pay (at least not here in California). Of course there are exceptions if you land some niche at a specific firm that does R&D or some sort of specialized services which requires a Ph.D., but I'm speaking specifically to your typical structural design firm. I work along side Ph.D.'s with the same amount of work experience as me (I stopped at Masters) and we make the same salary (plus or minus a $1/hr). I've talked to Professors, Principals, and Partners and have been told by all that while having your Ph.D. helps you technically, it certainly does not equate to higher pay, promotion, etc....in fact one principal even told me they have shy'd away in the past from hiring a Ph.D. because they tend to make some tasks way over complicated which isn't good when you need to stay under budget...(not sure if fully agreed with their logic, but I'm a small fish here..)
I interviewed recently with a professor here at a local university because I'm interested in heading back to academia, and he told me point blank "do not pursue this Ph.D. if you're wanting to be paid more if you return to industry, it wont happen".