If it is accurate, why do lawyers earn so much more? Is this perception accurate? Dave Smith. He touched upon an important point that there is a big difference between software engineer salaries in London and the rest of the UK. I’m an mid-career electronics engineer. First of all, 80k is what a <10 years engineer makes. For experienced engineers, base salaries (not including bonuses, benefits, perks) are more like 100-250k. That means that, at $100,000 per year, you can afford up to $2,000 to $2,500 per month. So an MD doesnt start earning money until 11 to 15 years after high school. Some engineering disciplines have starting salaries already at 100k (petroleum). Despite both engineering and law degrees taking four years, lawyers are perceived as being more highly paid than engineers. Engineers are paid the going wage for their level of qualification and experience. So on average an engineer has a 6 year head start. I have engineer friends who do technical consulting. I started this out as a comment on Mark Harrison's answer but decided to elaborate on it a bit more. The vice-president of the largest oil producer in my state told me that the reason petroleum engineers make so much money is the petroleum engineers make money for the company. I get paid £60,000 a year. Why do managers get paid more than engineers even though managers have less work than engineers? Software engineering is a smart career choice – it’s one of the most in-demand skills in the world and American software engineers earn a median salary of $112,000.. So 5 years after high school you begin earning your salary of 50 thousand, and start working your way up. Year after year, engineers are ranked among the highest-paid professionals in the U.S., both in terms of starting and mid-career salary. Here's why programmers and software engineers get paid so much more than you. 3 to 7 years of Residency making 42 thousand a year. That’s about the top salary you can get as an electronics engineer. This has always baffled me. Are they smarter, harder working, more professional or just lucky? If I worked as a GP I could get paid as much … What can you get in San Francisco for $2,500? When I worked and an arch firm, I worked my a$$ off 6 days a week for 10-12 hours a day (at least) and made such a low salary. That is why the allegory of the Opera is so important it indicates that these Engineers lived in splendid isolation in the Paradise created for them. That's actually not that high. It indicates the ability to send an email. Many top engineering graduates are working in engineering, being well paid and enjoying their life. If you think it is all about money, then go and try to get into banking. Then are are possibilities to earn much more. Medical doctor - 4 years of Undergrad 4 years of Medical school. There are a few reasons why Petroleum engineers are well paid: 1 - Lack of supply. 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