Salary Survey Profiles SME Members

In May 1993, SME contracted with The Dolecek Companies of Denver, CO to conduct a salary survey and a study of Mining Engineering. A written, four-page survey was sent to a random select sample of 1897 current SME members from the United States and Puerto Rico and to 40 current SME members from Canada. A total of 621 survey responses were input and analyzed, to guarantee the validity of the survey findings. The findings are representative of the entire SME membership. And the survey is within a statistical range of accuracy of plus or minus 5%. Salary survey SME members currently earn an average of approximately $60,000 a year. Some 45% earn less than $60,000 and 49% earn more than that. About 24% of all SME members earn $80,000 or more each year and 13% earn $100,000 or more. Not surprisingly, a statistically greater number of owners (27.5%) and those in senior management (30%) have a current income or salary of $100,000+ a year.