why do people say that doctor and chartered accountants make more than engineers?
if you look at the top 10 riches engineers. they are all billionaires. while the top richeest. i know that on average engineers are much less paid than doctors. but when people say that engineers are paid less and doctors make more money, they need to understand that doctors and c. accountants and managers are kind of like restricted to their jobs even if they make millions. but for engineers there are no restrictions at all. they can be extremely wealthy if they really wanted to be.
Engineering - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Some of the top earners in the UK are qualified as doctors, accountants and engineers, but that's not how they make their money. We have a doctor and an accountant in the cabinet - and they are not the Minister of Health and the Chancellor. Doctoring and accounting generally pay better than engineering, but there's a huge range in each depending on what you do with it. The chairman of Arup gets paid more than a hospital consultant, but a Harley Street nip and tuck surgeon gets even more.
Answer 2 :
What you will find is that these very rich engineers are no longer engineers - it would be many, many years since they did any engineering, chances of any of them being up to speed with engineering matters and standards would be very slim. There are also some very rich doctors, and some very rich accountants, and some who have given up on their profession to run large companies, accountants are more likely to do this than others since their background is in counting money, they find it easier to run companies. There are no restrictions to anyone earning money from jobs they didn't do their formal training in. Look at Alan Sugar, Richard Branson, John Caudwell (phones4U founder), and philip green, all men without degrees who have become extremely successful billionaires as examples of people who have succeeded without needing a vocational qualification, emphasising the point that despite a degree (even in Engineering, medicine or accounting) you can do very well. Now comparing the averages of the people who work in the profession they trained for, medical doctors are paid the most, then accountants (depending on the branch of accountancy) and then Engineers, final accounts clerks who sometimes get called accountants.
Answer 3 :
In the US that is just not true. There are 7 doctors who live in my neighborhood, I am retired and my pension is more that the income of 6 or the 7 doctors.
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