Starting salaries zoom upward

Abstract

Representing one of the largest increases since the Sputnik year of 1957, starting salaries for the 1967 class of graduating chemists and chemical engineers were 7.4% higher overall than those of a year ago. As they last did in 1965, chemists generally reported bigger increases than did chemical engineers, 7.6% vs. 7.Wo. The major group leading the field in this year's version of the annual American Chemical Society starting salary survey were chemistry bachelors with less than a year of work experience. Their 1967 median starting salary was $650, an 8.3% jump over their 1966 earnings of $600. Masters in chemistry reported a median figure of $775, up 7.3%. And inexperienced Ph.D/s trailed slightly in the increase procession at 6.4% for a new median monthly salary of $1075, as compared with $1010 in 1966. Among chemical engineers, increases tended to cluster somewhat more closely around the overall 7.0% figure. Inexperienced bachelors this year, for example, ...