Component Engineer Salary

A Component Engineer earns an average salary of $82,644 per year.

$57,921 - $123,387
$58K
$80K
$120K
MEDIAN: $79,581
10%
50%
90%

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$15.75 - $43.82
$27
MEDIAN: $27.00
50%

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$0$126K
Salary $57,921 - $123,387
Bonus $0.00 - $12,462
Profit Sharing $1,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$54,999 - $126,004
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 69
Hourly Data $0$43
Hourly Rate $27.00
Overtime $40.00
Annual Data $0$126K
Bonus $0.00 - $12,462
Profit Sharing $1,500
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$54,999 - $126,004
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 7

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United States (change)

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Job Description for Component Engineer

Component engineers are engineers who develop, produce, test, and maintain specific electrical and mechanical components used in a variety of devices and industries. Technology companies in the computing, robotic, automotive, and medical sectors frequently hire component engineers to develop and produce electrical or mechanical components for use in their products. Component engineers are typically required to have at least a Bachelor's degree in Mechanical, Electrical, or Computer Engineering, though many employers require a Master's degree in one of these fields. At least one year of experience in component engineering is required for those who are not recent graduates.

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Component Engineer Tasks

  • Enhance product performance through design, development, creation, and testing.
  • Ensure products meet all regulatory guidelines through installation and testing.
  • Confirm reliability and quality of mechanical and electrical components.

Component Engineer Job Listings

Pay by Experience Level for Component Engineer

Pay by Experience for a Component Engineer has a positive trend. An entry-level Component Engineer with less than 5 years of experience can expect to earn an average total compensation of $75,000 based on 29 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Component Engineer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $89,000 based on 27 salaries. An experienced Component Engineer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $94,000 based on 23 salaries. A Component Engineer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $101,000 based on 9 salaries.

Related Job Salaries

Key Stats for Component Engineer

Gender

Female
17 %
Male
83 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.
Less than 1 year
4%
1-4 years
34%
5-9 years
29%
10-19 years
25%
20 years or more
8%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Component Engineer Salaries

Late-Career
▲23%

Experienced
▲14%

Mid-Career
▲9%

National Average
$82,000

Entry-Level
▼8%

Skills That Affect Component Engineer Salaries

Test Engineering
▲7%

National Average
$82,000

Manufacturing Process Engineering
▼4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.

Gender

Female
17 %
Male
83 %

Years of Experience

Less than 1 year
4%
1-4 years
34%
5-9 years
29%
10-19 years
25%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 81%
vision benefits
Vision: 81%
no benefits
None: 12%
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