Aerospace Engineer Salary
Aerospace engineers' salaries range from £22,561 to £43,052, according to data provided by Payscale. The salaries can depend on a number of factors, from the particular area of expertise and years of experience to company size and location. Aerospace engineers employed in London generally earn between £19,500 and £44,000 a year.
Engineers with 1 to 4 years of experience earn between £22,874 and £35,888 a year, those with 5 to 9 years of experience make from £25,868 to £45,885, engineers with 10-19 years of experience earn between £22,685 and £48,900 a year, while those with over 20 years of experience earn between £39,020 and £50,868 a year.
Academic degrees can be a factor in determining salary, but usually they are not the most important factor. For instance, aerospace engineers with a bachelor's degree can earn between £20,426 and £53,829 a year, those with a Bachelor of Engineering (BEng, BE) degree in Aerospace Engineering earn between £24,490 and £51,550, while engineers with a Master of Engineering (MEng, ME) degree in Aerospace Engineering earn from £27,500 and £38,365 a year. Engineers with a Doctorate (PhD) make from £28,000 to £35,000 a year.
Aerospace engineers employed in senior roles typically earn from £28,000 to £45,000 a year, according to Prospects.ac.uk.
Starting salaries for aerospace engineers typically range from £20,000 to £25,000 a year according to Prospects.ac.uk and the National Career Service. Engineers with less than 1 year of experience earn between £12,164 and £29,590 a year according to Payscale.
Aerospace engineers with a master's degree or research qualifications typically get higher starting salaries. More renowned companies in the industry usually offer better salaries for entry-level jobs.
The hourly rate for aerospace engineers with 1 to 4 years of experience can range between £11.97 and £15.50 per hour. The wage for aerospace engineers who specialize in engineering design ranges from £11 to £15.50 per hour. Engineers employed at companies earn between £11 and £22.98 per hour.
General salary information
The salary range for experienced aeronautical engineers can vary from £28,000 to £40,000 a year, while senior engineers earn between £45,000 and £65,000 according to National Career Service.
Having a professional certification can make a difference in terms of salary. Aerospace engineers with the status of Engineer in Training (EIT) earn between £20,260 and £27,905 a year, while those with the status of Certified Professional Engineer make from £19,266 to £44,698 a year.
Best paid skills and areas of specialty are avionics (£20,273 - £45,371 a year), project (£22,300 - £45,338) and project management (£24,328 - £44,839).
Most lucrative industries for aerospace engineers are aerospace, aeronautics and astronautics (£21,140 - £48,585 a year), aerospace and defence (£23,929 - £44,986), and commercial aircraft, military, and space systems (£23,962 - £44,042). Engineering consultants typically earn between £28,500 and £39,236 a year.
While opportunities for self-employment are limited for aerospace engineers, the UK aerospace industry is quite advanced and engineers can find a variety of jobs to choose from. Locations with a particularly high concentration of aerospace engineering jobs are the South East, South West, Midlands, North West, Wales, and Northern Ireland.