Late-Career Electrical Engineer Salary

On average, Late-Career Electrical Engineers earn six-figure salaries ($100K) annually, making for a very well-paid profession. Including potential for bonuses and profit sharing — peaking near $15K and $14K, respectively — total cash payment to Late-Career Electrical Engineers can bottom out near $70K or peak near $153K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by the specific employer. Work is enjoyable for Late-Career Electrical Engineers, who typically claim high levels of job satisfaction. Medical benefits are awarded to nearly all, and a strong majority earn dental coverage. The numbers in this rundown were provided by PayScale's salary survey participants.

$69,870 - $147,122

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$27.86 - $80.05

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$69,870 - $147,122  
   
Bonus
$0.00 - $15,471  
Profit Sharing
$0.00 - $14,138  
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).
)
$69,838 - $153,479  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 1,386
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30$60$90
Hourly Rate
$27.86 - $80.05  
   
Overtime
$1.84 - $79.71  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Bonus
$0.00 - $15,471  
   
Profit Sharing
$0.00 - $14,138  
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).
)
$69,838 - $153,479  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 139
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Popular Employer Salaries for Late-Career Electrical Engineer


Late-Career Electrical Engineers flock to The Boeing Company for generous paychecks, where average earnings of $141K lead the pack in compensation; however, The Boeing Company also provides employees with a wide spectrum of compensation ranging from $100K at one end to $179K at the other end.

International Business Machines (IBM) Corp. offers the least money; the median income there is just $101K. The pay range is also pretty narrow, as compensation generally sits between $62K and $163K.

Pay Difference by Location


For Late-Career Electrical Engineers, working in the bustling city of San Jose has its advantages, including an above-average pay rate. Late-Career Electrical Engineers can also look forward to large paychecks in cities like Houston (+32 percent), Boston (+20 percent), New York (+19 percent), and Los Angeles (+18 percent). Those in the field find the lowest salaries in Detroit, 4 percent below the national average.

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Skills That Affect Late-Career Electrical Engineer Salaries

Matlab
up arrow 11%

C++
up arrow 10%

Engineering Design
up arrow 2%

Project Management
up arrow 2%

Windows NT / 2000 / XP Networking
up arrow 2%

National Average
$103,000

Microsoft Office
up arrow 2%

Windows Operating System General Use
up arrow 2%

C
up arrow 2%

Labview
up arrow 2%

Microsoft Excel
up arrow 3%

Programmable Logic Controllers (PLC) / Automation
up arrow 4%

Microsoft Word
up arrow 4%

Visual Basic (VB)
up arrow 4%

Computer Aided Design (CAD)
up arrow 5%

AutoCAD
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 285 votes.

Gender

Female
5 %
Male
95 %

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 76%
vision benefits Vision: 61% employee benefits None: 8%
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