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Late-Career Electrical Engineer Salary

Compensation for Late-Career Electrical Engineers is generous, with average pay surpassing six figures annually ($102K). Cash earnings for Late-Career Electrical Engineers — which occasionally include more than $15K from bonuses and more than $14K from profit sharing — stretch from around $70K to approximately $155K. Residence and the company each impact pay for this group, with the former having the largest influence. Job satisfaction for Late-Career Electrical Engineers is high. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to the greater part. Participants in PayScale's salary questionnaire provided the particulars of this report.
$69,288 - $147,162
(Median)
$69K
$100K
$150K
MEDIAN: $99,576
10%
50%
90%

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$27.63 - $96.62
(Median)
$28
$46
$97
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
$69,288 - $147,162  
   
Bonus
$0.00 - $15,489  
Profit Sharing
$200.00 - $14,382  
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).
)
$69,583 - $154,632  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,240
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$33$66$99
Hourly Rate
$27.63 - $96.62  
   
Overtime
$1.96 - $81.52  
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$70K$140K$210K
Bonus
$0.00 - $15,489  
   
Profit Sharing
$200.00 - $14,382  
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).
)
$69,583 - $154,632  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 126
United States (change)

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Popular Employer Salaries for Late-Career Electrical Engineer


Although salaries only range from $90K to just $157K, The Boeing Company still offers the highest pay with a median paycheck of $139K.

Although International Business Machines (IBM) Corp. hands out the lowest average salary in town at $100K, employee compensation still varies greatly; workers can make as little as $40K or as much as $194K.

Pay Difference by Location


San Jose is home to an above-average pay rate for Late-Career Electrical Engineers, 47 percent higher than the national average. Late-Career Electrical Engineers will also find cushy salaries in Houston (+43 percent), Boston (+27 percent), Los Angeles (+21 percent), and New York (+16 percent). Chicago is home to the smallest salaries in the field, lagging the national average by 2 percent.

Skills That Affect Late-Career Electrical Engineer Salaries

C++
up arrow 13%

Matlab
up arrow 6%

Engineering Design
up arrow 2%

Project Management
up arrow 1%

National Average
$102,000

C
up arrow 1%

Windows NT / 2000 / XP Networking
up arrow 2%

Microsoft Office
up arrow 3%

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

Microsoft Word
up arrow 4%

Computer Aided Design (CAD)
up arrow 4%

Visual Basic (VB)
up arrow 4%

Microsoft Excel
up arrow 5%

Windows Operating System General Use
up arrow 5%

AutoCAD
up arrow 6%

Assembler
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 315 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%