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Late-Career Electrical Engineer Salary

Wages for Late-Career Electrical Engineers are generous, with average pay above six figures ($100K) per year. Overall cash earnings for Late-Career Electrical Engineers stretch from $70K on the lower end to $154K near the top, and the heftiest packages can encompass around $16K from bonuses and $12K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by the specific employer. The majority of workers are highly satisfied with their job. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. Participants in PayScale's salary questionnaire provided the particulars of this report.

$70,508 - $147,042
(Median)
$71K
$100K
$150K
MEDIAN: $100,083
10%
50%
90%

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$26.69 - $89.11
(Median)
$27
$47
$89
MEDIAN: $47.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$70,508 - $147,042  
   
Bonus
$0.00 - $15,550  
Profit Sharing
$0.00 - $12,421  
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).
)
$70,380 - $153,815  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,324
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30$60$90
Hourly Rate
$26.69 - $89.11  
   
Overtime
$1.93 - $82.18  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Bonus
$0.00 - $15,550  
   
Profit Sharing
$0.00 - $12,421  
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).
)
$70,380 - $153,815  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 131

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Popular Employer Salaries for Late-Career Electrical Engineer


The Boeing Company pays the most with a median salary of $142K, though there is little variation overall ($101K to $173K).

Bringing up the rear, International Business Machines (IBM) Corp.'s median pay of $101K is the lowest in town; however, employee salaries widely range, with some making up to $163K.

Pay Difference by Location


Surpassing the national average by 46 percent, Late-Career Electrical Engineers in San Jose receive some of the highest pay in the country. Late-Career Electrical Engineers can also look forward to large paychecks in cities like Houston (+40 percent), Boston (+24 percent), Los Angeles (+17 percent), and New York (+16 percent). Those in the field find the lowest salaries in Chicago, 3 percent below the national average.

United States (change)

Skills That Affect Late-Career Electrical Engineer Salaries

Matlab
up arrow 11%

C++
up arrow 9%

Engineering Design
up arrow 2%

Project Management
up arrow 2%

Windows NT / 2000 / XP Networking
0%

National Average
$103,000

Labview
up arrow 1%

Windows Operating System General Use
up arrow 2%

Visual Basic (VB)
up arrow 2%

Microsoft Office
up arrow 3%

Microsoft Excel
up arrow 3%

Programmable Logic Controllers (PLC) / Automation
up arrow 3%

C
up arrow 3%

Microsoft Word
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 297 votes.

Gender

Female
5 %
Male
95 %

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 75%
vision benefits Vision: 60% employee benefits None: 8%
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