Electronic Engineer Salary
Electronics engineers' salaries can vary greatly from one specialty to the next, and factors like location, job title, working hours, and company size can play a significant role in determining an engineer's salary.
Salaries can vary by academic degree, too. Electronic engineers with a bachelor's degree earn between £16,642 and £40,725 a year, those with a Bachelor of Engineering (BEng/BE) in Electronics earn from £16,398 to £30,739, engineers with a Bachelor of Engineering degree in electronic engineering make between £21,000 and £31,095 a year, and those with a Master of Engineering (MEng/ME) earn between £25,490 and £36,438 a year.
On average, qualified electronic engineers make from £35,000 to £45,000 a year, while those employed in senior jobs typically earn between £40,000 and £50,000 a year, according to Prospects.co.uk. The average salary for all electronic engineering jobs ranges from £18,010 to £37,667 according to Payscale, and the median salary is around £35,000 according to IT jobs Watch, with 90 percent of electronic engineers earning more than £20,500 a year, and 10 percent earning over £45,000 a year.
Electronic engineers with 1 to 4 years of experience earn from £17,251 to £29,900 according to Payscale, while those with 5 to 9 years of experience make between £20,952 and £40,084. Engineers with 10 to 19 years of experience earn between £22,035 and £47,768 a year, while those with 20 or more years of experience in the field make between £19,787 and £58,462 a year. Salaries in London range from £19,866 to £45,302 a year. Electronic engineers with the status of Certified Professional Engineer (CPE) make between £18,925 and £58,466 a year.
Starting salaries for electronic engineers range from £18,000 to £29,000 a year according to Prospects.co.uk.
The average hourly rate for electronic engineers is around £35 per hour, according to IT Jobs Watch. 90 percent of electronic engineers earn more than £26.70 per hour, while 10 percent earn more than £45 per hour.
General salary information
Engineers' salaries usually increase significantly once they obtain the status of chartered engineer. Once they have earned the chartered status, they can also apply for European Engineer status (Eur Ing) and explore job and career opportunities in other European countries.
Professional qualifications and a number of years of experience in the field can not only impact salary in major way, but also broaden the range of career options for electronic engineers. If they have a good track record, they can choose self-employment and work as contractors. Companies usually recruit contract staff around peak periods, when they need to meet deadlines.
Electronic engineers with academic degrees and solid work experience can also join consulting firms to both give their salaries a boost and be exposed to a greater variety of projects.
Most lucrative skills in the electronics engineering field are project management (£16,851 - £49,377 a year), Microsoft Office (£16,139 - £38,783), Microsoft Windows (£17,217 - £37,500), engineering design (£20,040 - £37,000), and Microsoft Word (£15,991 - £34,626).
Top salaries by industry are those in electronics and electrical engineering design (£17,617 - £50,000 a year), electronics manufacturing (£12,663 - £36,037), aerospace and defense (£22,252 - £33,886), and manufacturing and distribution (£26,250 - £33,500).