Late-Career Electrical Engineer Salary

Late-Career Electrical Engineers can expect to earn a very generous salary, with average salaries (in the ballpark of $100K) surpassing six figures annually. In the world of Late-Career Electrical Engineers, total cash compensation can vary between $70K and $153K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $15K and $14K, respectively. Location and the company each impact pay for this group, with the former having the largest influence. Most workers in this position report high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a fair number collect dental insurance. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$69,912 - $146,963
(Median)
$70K
$100K
$150K
MEDIAN: $99,990
10%
50%
90%

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$27.37 - $80.90
(Median)
$27
$47
$81
MEDIAN: $46.00
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
$69,912 - $146,963  
   
Bonus
$0.00 - $15,445  
Profit Sharing
$0.00 - $14,247  
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).
)
$69,816 - $153,498  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 1,353
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
$27.37 - $80.90  
   
Overtime
$1.81 - $78.36  
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 - $15,445  
   
Profit Sharing
$0.00 - $14,247  
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).
)
$69,816 - $153,498  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 134
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Popular Employer Salaries for Late-Career Electrical Engineer


For Late-Career Electrical Engineers, comfortable salaries can be found at The Boeing Company; in fact, average earnings are around $141K, the highest in the area, though the difference in the company's lowest and highest employee paychecks ($100K versus $179K) is great.

Though lagging the field in terms of compensation — International Business Machines (IBM) Corp. offers the lowest median salary at $101K — pay within the company still varies considerably between $62K and $163K.

Pay Difference by Location


San Jose offers some of the highest pay in the country for Late-Career Electrical Engineers, 46 percent above the national average. Late-Career Electrical Engineers will also find cushy salaries in Houston (+40 percent), Boston (+22 percent), Los Angeles (+17 percent), and New York (+16 percent). Chicago is the lowest-paying area, 3 percent south of 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%

Visual Basic (VB)
up arrow 2%

Microsoft Excel
up arrow 3%

Microsoft Word
up arrow 3%

Labview
up arrow 3%

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

Computer Aided Design (CAD)
up arrow 4%

AutoCAD
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 287 votes.

Gender

Female
5 %
Male
95 %

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 76%
vision benefits Vision: 60% employee benefits None: 8%
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