Industrial Engineer Salary
Industrial Engineer Salary
The salary range for a job as an industrial engineer varies depending on location, job type, employer, field of specialty, and years of relevant work experience in the field.
Industrial engineers’ salaries typically range from £18,492 to £39,158 a year according to Payscale. Engineers with 1 to 4 years of experience earn from £9,892 to £38,783 a year, those with 5 to 9 years of experience make from £19,102 to £32,000 a year on average, and engineers with 10 to 19 years of experience usually earn between £28,379 and £40,399 a year. Industrial engineers with the certification Certified Professional Engineer (PE) typically earn between £22,000 and £37,764 a year, while project managers make from £18,246 to £64,111 a year. Industrial engineers employed by companies earn between £18,338 and £37,095 a year on average.
Industrial project engineers earn between £16,000 and £44,036 a year, and project engineers specializing in engineering design earn from £30,500 to £43,000 a year on average.
Graduate starting salary for industrial engineers in the UK is £25,000 on average according to the Association of Graduate Recruiters’ Summer Review.
The average hourly rate for industrial engineers in the UK is around £15.98 per hour according to MySalary.co.uk.
General salary information
Industrial engineering jobs are available in all parts of the UK. The most popular industries where there is a high demand for industrial engineers are in the motor vehicle industry and the aerospace industry. The highest average starting salaries for industrial engineers are found in the petroleum and nuclear engineering sectors.
Career advancement largely depends on an industrial engineer’s academic degree and work experience. Most employers favour a bachelor’s degree in industrial engineering, especially if the degree is one that is accredited by an engineering industry body. Industrial engineers have a variety of career advancement tools at their disposal, from trade publications to Internet career and job sites, all of which provide them with the latest job opportunities and career advice.
Most industrial engineers easily progress to management roles, as the work they do is very similar to that of managers: increasing productivity, managing employees, devising methods of business organization, and optimizing technology. Even if they decide to move to a different industry, industrial engineers’ management skills are highly transferable and they can easily settle into managerial roles in businesses unrelated to engineering. Because many industrial engineers do in fact leave their industry to become managers, the number of job openings in the sector is not expected to decline in the foreseeable future.
Some industrial engineers choose to specialize in one industry or in a single phase of industrial engineering, while others join consulting companies or manufacturing firms. In general, the job outlook and career opportunities for industrial engineers are good.
In terms of average vacation weeks, industrial engineers with 1 to 4 years of experience get 3.6 weeks a year, those with 5 to 9 years get 4.8 weeks, engineers with 10 to 19 years of experience get 5.4 weeks a year, and engineers with 20 or more years of experience have 5.5 weeks on average.