Engineers' salaries vary widely depending on the field, experience, location, and industry, but here are some key figures:
- In the United States, the median annual wage for engineers was about $91,420 as of May 2023, which is significantly higher than the median for all occupations ($48,060)
. Entry-level engineers typically start around $69,179 per year, while senior engineers can earn an average of $132,465 per year
. The overall average engineer salary in the U.S. is approximately $115,595 per year
- Specific engineering disciplines have different median salaries. For example, mechanical engineers average about $99,500 annually, mining and geological engineers about $100,640, electrical engineers around $109,010, chemical engineers $112,100, nuclear engineers $125,460, petroleum engineers $135,690, and computer hardware engineers $138,080 per year
- In Germany, entry-level engineers earn roughly between €47,600 and €53,750 annually depending on their degree type, with salaries increasing with experience to around €85,390 after 16-20 years
. Salaries also vary by region and sector, with Munich engineers earning around €71,789 per year on average
. Software engineers in Germany have a median total compensation of about €81,261 annually, with a range from €66,824 to €97,865
In summary, engineering is a well-compensated profession globally, with salaries increasing substantially with experience and specialization.
