Late-Career Electrical Engineer Salary

Late-Career Electrical Engineers can expect to earn a very generous salary, with average salaries (in the ballpark of $103K) surpassing six figures annually. Total cash compensation for Late-Career Electrical Engineers runs from $73K to $163K depending on bonuses that can occasionally exceed $20K and profit sharing that can reach almost $25K. Geographic location is the biggest factor affecting pay for this group, followed by the specific employer. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most Late-Career Electrical Engineers report high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$72,860 - $150,477
$73K
$100K
$150K
MEDIAN: $103,496
10%
50%
90%

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$28.76 - $91.56
$29
$50
$92
MEDIAN: $50.19
10%
50%
90%

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$0$160K
Salary $72,860 - $150,477
Bonus $0.45 - $19,750
Profit Sharing $0.00 - $23,000
Commission $20,952
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).
)
$72,668 - $160,373
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 1,087
Hourly Data $0$105
Hourly Rate $28.76 - $91.56
Hourly Tips $0.91
Overtime $37.77 - $105.00
Annual Data $0$160K
Bonus $0.45 - $19,750
Commission $20,952
Profit Sharing $0.00 - $23,000
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).
)
$72,668 - $160,373
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 111

Electrical Engineer Job Listings

Popular Employer Salaries for Electrical Engineer


The Boeing Company, International Business Machines (IBM) Corp., Lockheed Martin Corp, General Electric Co (GE), and Northrop Grumman Corporation are top-notch employers for Late-Career Electrical Engineers in this area. Those at Northrop Grumman Corporation can expect to make the most, with the company offering a median salary of $144K. Other leaders in compensation levels 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. offers the least money; the median income there is just $100K. The pay range is also pretty narrow, as compensation generally sits between $84K and $163K. Also approaching the lower end are General Electric Co (GE) at $101K, Schneider Electric Ltd at $104K, and Lockheed Martin Corp at $121K.

Pay Difference by Location

National Average: $107,194

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

Seattle is home to an above-average pay rate for Late-Career Electrical Engineers, 32 percent higher than the national average. Late-Career Electrical Engineers can also look forward to large paychecks in cities like New York (+23 percent), Washington (+21 percent), Los Angeles (+16 percent), and Houston (+15 percent). Falling short of the national average by 13 percent, the area with the worst salaries is Indianapolis. Not at the bottom but still paying below the median are employers in Baltimore and Chicago (12 percent lower and 7 percent lower, respectively).

Key Stats for Electrical Engineer

Gender

Female
7 %
Male
93 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 179 votes.
20 years or more
100%

Skills That Affect Electrical Engineer Salaries

Matlab
▲29%

C++
▲5%


C programming Language
▲1%

National Average
$107,000

Engineering Design
▼1%

Microsoft Office
▼2%

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
▼9%

AutoCAD
▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 179 votes.

Gender

Female
7 %
Male
93 %

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 75%
vision benefits
Vision: 62%
no benefits
None: 10%