Biomedical Engineers combine the knowledge of engineering with biomechanical principles and biology to develop, design and evaluate health products and systems. These engineers specialize in products such as prostheses, artificial organs, instrumentation and medical information systems. The assumption was made that the professionals reflected here were working an average of 40 hours per week with a total of 2080 hours per year. Usually the salary for a Biomedical Engineer is calculated by the US Government Bureau of Labor Statistics (BLS).
The United States has a wide range of average salaries for Biomedical Engineers. Each state is unique. The range is as low as $30.48 in Oklahoma to a high of $51.66 in Minnesota. A number of factors contribute to the average hourly pay of a Biomedical Engineer.
Some typical factors include:
Supply and demand
Union representation (States that have higher union activity earn an average of 20% more in pay and benefits for all employees)
Cost of living
Healthcare reimbursement rates
Cost of Living
The median salary is over $37.00 per hour. The lowest 10% earn approximately $23.79 per hour and those in the upper 10% earn more than $59.00 per hour.
On an annual basis the median Biomedical Engineer salary is $ 78,860. The lowest 10% earn $49,480 per year while the upper 10% earn more than $123,270 per year. These salaries are calculated as a mean or average.
The 5 Best Paying States
The 5 best paying states to earn a Biomedical salary are Minnesota $96,930, Massachusetts $93,030, Arizona $92,250, California $90,590 and Connecticut $87,150.
The 5 Best Paying Metropolitan Areas
The 5 best city or metropolitan areas to earn a Biomedical Engineers salary are Lake County-Kenosha County, IL; Lowell-Billerica-Chelmsford, MA; Framingham, MA; Salt Lake City, UT; and Boston-Cambridge-Quincy, MA.
According to the US Department of Labor nationally there are over 10,000 Biomedical Engineers who earn a salary through being employed. Biomedical Engineers work in medical equipment and supplies manufacturing, scientific research, pharmaceutical manufacturing and general medical and surgical hospitals. Although they are not limited to working just in the field of medicine, most choose to use their degree for medical research or manufacturing development.
Where They Work
Of all the Biomedical Engineers employed in the United States most of them work in medical and research settings. This is also where most Biomedical Engineers salaries can be found. A small number of Biomedical Engineers earn a salary by being employed in colleges and universities.
Added benefits and bonuses are going to be similar to those offered by small businesses or single proprietor businesses. Many physicians will fund a personal retirement fund or IRA as part of their long term financial planning.
International Biomedical Engineer Salary
· Salary scales are based on the Agenda for Change (AfC) Pay Rates . Biomedical scientists start at Band 5: £21,388 - £27,901 and progress to team leader or specialist roles which are at Band 6: £25,783 - £34,530.
· The range of typical salaries at senior level/with experience, e.g. for a team manager or advanced practitioner (Band 7) is £30,764 - £40,558. Higher salaries may be available after this with further progression.
· Pay may be increased by additional allowances for night and weekend cover.
· Private sector salaries are similar to those in the NHS, but benefits are generally better.
· The type of work carried out in private sector laboratories is similar to that required in the NHS.
· In some posts, there is a requirement to take a share of emergency overnight on-call cover and out-of-hours work.
Most full time Biomedical Engineers in Canada will earn between $55,000 and $65,000 a year. For the most part, employment prospects for this occupation are very good. The government forecasts that an aging population and the arrival of new medical technologies and techniques, as well as the introduction of more advanced equipment, will require more technologists in the near future.
According to the latest figures, the highest hourly average wages are earned in Ottawa, Ontario at $34.34 per hour and the lowest average wages are earned in Fredericton, New Brunswick at $17.62 per hour.
Some job titles for a Biomedical Engineer in Canada include: biologist, zoologist, botanist, immunologist, pharmacologist and ecologist.
Government labour market data indicates that the number of job seekers will continue to be sufficient to fill job vacancies in this profession for the near future. Job vacancies will come from both new positions due to expansion demand and from retirements.
The job title Biomedical Engineer falls under the category, “Physicists,” in Australia. They specialize in the field of science and medical research and work for hospitals, labs, medical manufacturing companies and universities.
Most full time Biomedical Engineer in Australia will earn between $70,000 and $127,000 a year. For the most part, employment prospects for this occupation are very good. The government forecasts that an aging population and the arrival of new medical technologies and techniques, as well as the introduction of more advanced equipment, will require more technologists in the near future. They are paid extremely well and traditionally work in rather comfortable work environments indoors. Most work standard business hours, but some work longer hours and weekends, especially when they are doing fieldwork. Fieldwork can lead to working in rather isolated places.
(1)http://www.prospects.ac.uk/biomedical_scientist_job_description.htm (2)http://www.livingin-canada.com/salaries-for-biologists-canada.html (3) http://www.open.edu.au/careers/healthcare-medical-pharmaceuticals/physicists