Late-Career Electrical Engineer Salary

Generous salaries abound for Late-Career Electrical Engineers , with average pay above six figures ($100K) per year. In the world of Late-Career Electrical Engineers, total cash compensation can vary between $70K and $154K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $15K and $14K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by the specific employer. The majority of Late-Career Electrical Engineers claim high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.

$69,958 - $147,083
(Median)
$70K
$100K
$150K
MEDIAN: $99,990
10%
50%
90%

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$27.47 - $80.72
(Median)
$27
$47
$81
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
$69,958 - $147,083  
   
Bonus
$0.00 - $15,426  
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).
)
$69,888 - $153,605  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,365
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
$27.47 - $80.72  
   
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 - $15,426  
   
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).
)
$69,888 - $153,605  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 135
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Popular Employer Salaries for Late-Career Electrical Engineer


The biggest paychecks can be found at The Boeing Company — the median salary there is $141K; however, employees are subject to a wide range in pay, with the lowest salaries sitting near $100K and highest ones in the neighborhood of $179K.

Offering a median salary of only $101K, International Business Machines (IBM) Corp. pays the least. Not only that, but the earnings range of $62K to $163K is pretty narrow, too.

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 can also look forward to large paychecks in cities like Houston (+38 percent), Boston (+22 percent), Los Angeles (+18 percent), and New York (+16 percent). Those in the field find the lowest salaries in Chicago, 3 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%

Microsoft Excel
up arrow 3%

Visual Basic (VB)
up arrow 3%

Labview
up arrow 3%

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

Microsoft Word
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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