electrical engineering salary outlookelectrical engineering salary guide

Engineering

Electrical engineering is one of the top five highest paying engineering careers, there are many engineering disciplines but an electrical engineer salary ranks high because of the very high demand for their abilities. Electrical engineers domain doesn’t just focus on computer electronics or automation electronics, an electrical engineer has many focuses such as medical technology, automation electronics, green energy, communication electronics, military, and much more. These fields are always evolving and force high demand for electrical engineers because of the heavy involvement of embedded electronics and electronic applications. Below you will find great information on starting a career as an electrical engineer and the average electrical engineer salary. Also read up on  Why You Should Earn An Electrical Engineering Bachelors Degree

 

Electrical Engineer Salary Guide and Information

Education Requirements for Electrical Engineers

Every professional engineering degree requires a Bachelors Degree in engineering or Science. A bachelors degree is a four (4) year program and once you have acquired your bachelors degree you are officially an electrical engineer. There are programs and licenses you can acquire to further advance yourself in the field. There are professional engineering licenses and this involves exams, training, and sometimes apprenticeships. You can find more information on professional engineering certifications here. Another way to further your education in electrical engineering is to acquire your Masters degree with the same focus which is anywhere between 2-4 years depending if you are currently employed or not. If you are employed, many employees offer special programs for furthering your education, including but not limited to paying for some of your tuition. There usually is a stipulation to these programs though, which involve staying employed with the company 2 years after completing your degree. There is also the option of going for your Doctor of Engineering, this involves several years of schooling, research, and application.

Employment Outlook For Electrical Engineers

Even with the downturn in the economy there is an increase in demand for electrical engineers. Why is this? There is a major growth in technology and less electrical engineer graduates. This makes electrical engineers be in high demand, especially ones that are specialized in their field or focus. Since 2005 there has been a very obvious demand for electrical engineers from reputable universities, even with little to no experience. As the economy evolves we will be seeing an increase in job opportunities for electrical engineers as well, now that the technology market is booming and new product is always evolving. Lastly, with new technology and systems being invented and released, newly educated electrical engineers are needed. We do have another guide for engineers employment outlook.

Possible Career Paths and Opportunities for Electrical Engineers

Within electrical engineering there are different focuses. These paths include automotive application and automation which involves plc, robotics, and controllers, product development which involves: power, biomedical, microelectronics, telecommunications, solar, oceanic, and now because of heavy development and product, wireless technologies, a category of its own. While you are becoming an electrical engineer there are many focuses at your university. Usually engineers find a career that is related to their focus at university and is something they are interested in. The list above doesn’t mean electrical engineers are limited to these focuses. Many times an electrical engineer can become a sales consultant for a large power firm or telecommunications firm. I have a colleague that now sells biomedical equipment and is a professional electrical engineer! Furthermore, its very normal in most technology driven industries for electrical engineers to enter management, because of schooling and hard work they have learned to be professional, hardworking, leaders, and work very well in group environments. These skills are all ingredients to being a good manager.

Electrical Engineer Salary Guide

Its hard to put an average of salary for an electrical engineer because its heavily dependent on years of experience. But the range of salary for an electrical engineer is anywhere between $55,000.00 and $106,000.00 Though there are opportunities to reach anywhere up to $125,000 or more. There are several industries that are higher paying than others simply because of market, travel, and application or risk. The oil and gas industry is the highest paying market for engineers paying them over $110,000.00 annually. The next industry is mining, which paid their electrical engineers an average of $105,000.00. Lastly the movie and video industry, which is significantly more difficult to enter because of the concentrated number of firms in development, pay their average engineer $100,000.00. More electrical engineering salary information here.

A very large market for electrical engineers is the automotive industry, the average salary for an electrical engineer in the automotive industry is anywhere between $55,000 and $100,000.00.

  • Oil and gas industry – $110,000.00 annual salary
  • Mining and suppliers – $105,000.00 annual salary
  • Automotive and supplier tier’s – $100,000 annual salary

We have information on how to find the highest paying job in electrical engineering if you are seeking info on salary raises in your career.

Electrical Engineer Salary Per Your Location

Electrical engineers in the east and west coasts make an average of 5-10% more than the typical electrical engineer. But it is very important to factor in cost of living when doing these calculations.

Electrical Engineer Salary Based On Education

It goes unsaid that an electrical engineer with a bachelors degree (BSEE) makes the above mentioned salary averages. If an engineer were to further their education with a Masters of Science Degree (MSEE) the salary range widens allowing a higher cap on salary. The average increase when having a Masters of Science is 15-20% in salary. You can see our top engineering schools of 2011-2012 right here on our site!

Electrical Engineer Salary Based On Years Of Experience (United States)

Experience in the electrical engineering field plays a very big role in salary. Starting your career straight out of university will usually mean you are starting at the bottom of the salary range. But electrical engineers with an average of 2-5 years see anywhere between a $10,000 – $20,000 increase in salary as they progress. Also, with new certification opportunities that present themselves on the job salary increase can be even greater.

Electrical Engineer Salary
Electrical Engineer Salary Graph By Years Of Experience

 

Electrical Engineering Benefits And Conclusion

-          Electrical engineering is a very high demand field to pursue

-          Employers are always seeking electrical engineers in new markets because of the reliance on technology and new systems

-          Electrical engineering is very safe, based on statistics

-          The average electrical engineer salary is excellent compared to other four (4) year bachelors degrees from comparable fields