The nanotechnology job market is heating up both in the U.S. and abroad, according to a study by Small Times magazine, a periodical covering the micro and nanotechnology sectors. A Small Times survey of over 1,300 employed in the microtechnology and nanotechnology sectors worldwide found the average salary to be $84,605 abroad, and $97,978 in the U.S. Sixty-four percent of U.S. employees received a raise in 2005, and 75 percent said they expected to receive a raise in 2006.

The study reported that salaries are rising even faster in hot developing countries. For example, although the average micro and nano salary in India is only $15,850, a full 81 percent expect a raise of more than 5 percent in 2006.

The study also noted that 36.7 percent of respondents in the microtechnology and nanotechnology sectors reported a degree at the level of Ph.D., M.D., or J.D., while 29 percent percent reported a master's level degree. Those earning the most were partners in legal services firms in the United States, while those earning the least were researchers in Asia, the Middle East and Eastern Europe.

( www.eetuk.com)