How Much Do Car Engineers Make Per Hour?
Car engineers are responsible for the design, development, and testing of automobiles. They work on a variety of projects, from small improvements to major overhauls. Car engineers typically have a bachelor’s or master’s degree in engineering, and they must be licensed in most states.
The salary of a car engineer depends on a number of factors, including their experience, education, and location. According to the U.S. Bureau of Labor Statistics, the median annual salary for car engineers was $95,300 in May 2020. The lowest 10% of earners made less than $56,390, and the highest 10% of earners made more than $162,180.
Car engineers who work in the automotive industry typically earn higher salaries than those who work in other industries. For example, the median annual salary for car engineers who work in the motor vehicle manufacturing industry was $105,590 in May 2020.
The location of a car engineer can also affect their salary. For example, car engineers who work in California earn higher salaries than those who work in other states. The median annual salary for car engineers who work in California was $117,550 in May 2020.
Factors that Affect the Salary of a Car Engineer
The following factors can affect the salary of a car engineer:
- Experience
- Education
- Location
- Industry
- Company size
- Benefits
Experience
Car engineers with more experience typically earn higher salaries than those with less experience. This is because they have more knowledge and skills, and they are more likely to be able to take on more responsibility.
Education
Car engineers with a master’s degree typically earn higher salaries than those with a bachelor’s degree. This is because they have more specialized knowledge and skills.
Location
Car engineers who work in California earn higher salaries than those who work in other states. This is because the cost of living in California is higher than in other states.
Industry
Car engineers who work in the automotive industry typically earn higher salaries than those who work in other industries. This is because the automotive industry is a high-paying industry.
Company size
Car engineers who work for large companies typically earn higher salaries than those who work for small companies. This is because large companies have more resources to invest in their employees.
Benefits
Car engineers who work for companies that offer generous benefits packages typically earn higher salaries than those who work for companies that offer less generous benefits packages. This is because benefits packages can be a significant part of a car engineer’s compensation.
Conclusion
Car engineers can earn a good salary, especially if they have experience, education, and work in the automotive industry. However, the salary of a car engineer can vary depending on a number of factors, including their location and the company size.