Late-Career Electrical Engineer Salary

Average pay for Late-Career Electrical Engineers is more than reasonable, with annual salaries pushing past the six-figure mark ($103K). The range in cash compensation to Late-Career Electrical Engineers ($72K to $163K) includes potential earnings of $20K each from bonuses and profit sharing in exceptional cases. Location is the biggest factor affecting pay for this group, followed by the specific employer. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Job satisfaction is reported as high by the vast majority of workers. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$71,963 - $150,983
$72K
$100K
$150K
MEDIAN: $103,246
10%
50%
90%

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$29.46 - $93.49
$29
$51
$93
MEDIAN: $50.95
10%
50%
90%

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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
$71,963 - $150,983  
   
Bonus
$0.00 - $20,415  
Profit Sharing
$0.00 - $21,141  
Commission
$22,000  
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).
)
$72,118 - $162,981  
Country: United States | Currency: USD | Updated: 5 May 2017 | Individuals Reporting: 1,061
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$50$100$150
Hourly Rate
$29.46 - $93.49  
   
Hourly Tips
$0.91  
Overtime
$39.51 - $107.77  
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$100K$200K$300K
Bonus
$0.00 - $20,415  
   
Commission
$22,000  
Profit Sharing
$0.00 - $21,141  
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).
)
$72,118 - $162,981  
Country: United States | Currency: USD | Updated: 5 May 2017 | Individuals Reporting: 102

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United States (change)

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Electrical Engineer Job Listings

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Popular Employer Salaries for Electrical Engineer


Dominating the field, The Boeing Company, International Business Machines (IBM) Corp., Lockheed Martin Corp, General Electric Co (GE), and Northrop Grumman Corporation are top firms with a reputation for hiring a great number of Late-Career Electrical Engineers. Northrop Grumman Corporation leads the field in terms of pay, with a median salary of $144K. Also paying near the top of the field are The Boeing Company at $139K, Duke Energy Corp at $129K, and Lockheed Martin Corp, where Late-Career Electrical Engineers annually earn $121K.

International Business Machines (IBM) Corp. seems to offer the smallest paychecks with a median salary of only $100K. The pay range is quite narrow, too; compensation generally sits between $84K and $163K. Workers at General Electric Co (GE), Schneider Electric Ltd, and Lockheed Martin Corp also face smaller salaries than the rest of the field — average earnings for these employers come to $101K, $104K, and $121K respectively.

Pay Difference by Location

National Average: $106,653

Larger city markers indicate a job is popular in that location.

For Late-Career Electrical Engineers, working in the bustling city of Seattle has its advantages, including an above-average pay rate. Late-Career Electrical Engineers can also look forward to large paychecks in cities like New York (+23 percent), Washington (+21 percent), Los Angeles (+17 percent), and Houston (+15 percent). In Indianapolis, salaries are 12 percent below the national average and represent the lowest-paying market. Two other places where employers offer below-median salaries are Baltimore (11 percent less) and Chicago (7 percent less).

Key Stats for Electrical Engineer

Gender

Female
7 %
Male
93 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 136 votes.
20 years or more
100%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Electrical Engineer Salaries

Matlab
▲29%

C++
▲5%


C programming Language
▲1%

National Average
$107,000

Engineering Design
▼1%

Microsoft Office
▼1%

Computer Aided Design (CAD)
▼3%

C
▼3%

C++ Programming Language
▼4%


Windows Operating System General Use
▼5%

Programmable Logic Controllers (PLC) / Automation
▼6%

Microsoft Excel
▼6%

autodesk autocad
▼8%

AutoCAD
▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 136 votes.

Gender

Female
7 %
Male
93 %

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 75%
vision benefits
Vision: 62%
no benefits
None: 10%
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