Engineering jobs are in high demand with workers receiving generous compensation packages and bonuses. Engineering offers ample opportunity for growth and development with transferable skills across an array of fields from software, supply chain and logistics to aerospace. Most roles require at least a bachelor’s degree. To remain competitive, job-seekers should consider specialization or skill-specific programs such as coding boot-camps or certifications.
Recent salaries shared by Component Engineer
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Top paying industries
The top 4 paying industries for Component Engineer in United States are Information Technology with a median total pay of $157,249, Manufacturing with a median total pay of $120,924, Aerospace & Defense with a median total pay of $118,282 and Human Resources & Staffing with a median total pay of $102,016.
Frequently asked questions about Component Engineer salaries
The average salary for Component Engineer is $137,308 per year or $66 per hour, with top earners making up to $210,432 (90th percentile). Typically, pay ranges from $110,651 (25th percentile) to $172,423 (75th percentile) annually. Salary estimates are based on 391 salaries submitted anonymously to Glassdoor by Component Engineer employees.
The highest salary for Component Engineer is $172,423 per year, $14,369 per month or $83 per hour.
The lowest salary for Component Engineer is $110,651 per year, $9,221 per month or $53 per hour.