#1
February 6th, 2016, 02:28 PM
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Automotive Engineering Salary
Hi I am interested in pursuing Automobile Engineering Course and would like to have the future prospects as well as the salary which are generally offered to these graduates?
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#2
February 6th, 2016, 02:35 PM
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Re: Automotive Engineering Salary
The automotive engineering field combines dissimilar types of engineering, including mechanical, electronic, electrical and safety engineering. Salary Overview In its most recent report, PayScale survey reported that mainly automotive engineers made between $43,525-$99,128, as of September 2015, with the median salary being $68,883. Salaries are also dependent relative on the engineer's location and experience, as well as the automotive industry sector. Salary by Popular Employer According to PayScale survey in May 2014, automotive engineers employed by General Motors earned the most, with standard salary of $84,000. Chrysler Group LLC offers a lucrative if unbalanced payroll, with top-end employees earning $120,000 but a median salary of $79,000. Salary by Years of Experience The amount of time one works as an automotive engineer has quite a bit to do with the amount of money they earn. PayScale survey confirmed that most of these professionals with 0-5 years of experience earned average of $63,000 as of September 2015, and those with 5-10 years of experience earned average salaries of $76,000. Median salaries rose to nearly $96,000 with 10-20 years of experience. Salaries for Unionized Workers Another factor that affects the salary as an automotive engineer is whether or not one is a member of The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) as well as covered by a contract negotiated on behalf of union members. This union includes more than 700,000 workers, including engineers, and has a existence at all of the major U.S. car companies. |