|FPE Salaries Remain Strong|
FPE Salaries Remain Strong
Highlights from the 2014 SFPE Compensation Survey
Despite the current downturn in the global economy, fire protection engineering salaries continue to remain strong. The median compensation for fire protection engineers is now $110,000.
Since 1976, SFPE has surveyed the fire protection engineering industry about different aspects of their education, compensation and other employment-related questions. In the spring of 2014, SFPE conducted its 17th survey. More than 900 fire protection engineers from 35 countries participated in this year’s survey.
Highlights from the 2014 survey show that:
When looking at compensation and experience, as shown in Table 1, compensation for fire protection engineers generally increases with years of work experience. However, it should be noted, many other factors can effect compensation such as level of responsibility, industry, education, performance and geography.
To address the question of early career compensation, Table 2 presents compensation data for fire protection engineers with five or less years of work experience.
The survey data also shows that being a Licensed Professional Engineer (P.E.) has compensation benefits. Table 3 shows the summary of total compensation for Professional Engineers versus those who are not Professional Engineers.
Employee benefits are an important component of compensation. Many organizations that employ fire protection engineers offer excellent benefit packages. These benefits include 401K plans, flexible spending plans, medical/ dental insurance, sick/holiday/vacation leave, tuition reimbursement and professional membership dues. Table 4 outlines some of the benefits reported by survey respondents from the U.S., Europe and Canada.
Table 1: Total Compensation (Salary & Incentive) vs. Years of Work Experience