In civil it is a big thing. In the Boston area you can expect it to increase your pay by about 10K (so I'm told). FE matters a good chunk here too, for some reason. Supposedly it will boost my pay by a few thousand, but we shall see.
Also to note: In the US getting your PE is different from Canada (got into a discussion about that with someone on here a couple months ago, may have been Imp actually). In the US there is a state mandated working time period, a test, and usually some proof of work (in MA it is 1 lb of calculations, in NH it is 3 professional references who may be asked to send work but rarely are. The test is a doozy as well.
Also to note: In the US getting your PE is different from Canada (got into a discussion about that with someone on here a couple months ago, may have been Imp actually). In the US there is a state mandated working time period, a test, and usually some proof of work (in MA it is 1 lb of calculations, in NH it is 3 professional references who may be asked to send work but rarely are. The test is a doozy as well.