EEs are pretty far away from the money. That really impacts earning potential. Most EEs who went the traditional route and want to keep doing electronics in some form but make money become Field Application Engineers (FAEs) to get closer to the sale and show their value to the company. The crustiest old engineers are buried deep within a corporation and it's hard to show value on the bottom line. Similarly, the FAANG…
I worked in the semiconductor industry, and at least in our niche of the semiconductor industry, FAEs were some of the worst paid people, a long with production test for some reason. FAEs were seen as the lowest level support who were a stop-gap for our application engineers (non-field). If a big customer had a problem, we would send an AE out to show that we were taking it seriously. No idea if it's the same in othe…
Which probably explains why Apple is the only, or one of the rare few, consumer electronics companies with products most people actually want to buy and love to own.
People keep pointing out how shitty products form Apple's competitors are (Samsung, Dell, etc.), but when you look how little they pay for talent in comparison to Apple, it becomes obvious why their products are so inferior.
Engineering great devices is expensive, and since the West offshored everything to China, and went for cutting costs as much as possible including on engineering wages, how can they expect to deliver quality?