There are other factors that will influence the salary of a mechanical engineer as well, including what company they work for and whether they are in a contract or permanent position. GROSS SALARY ($) US$ 45,540. In 2018, the average starting salary for a worker with a bachelor's degree in engineering was $66,521 and for the Class of 2019, starting salaries were 4% higher — $69,188 on average. Experience counts too. OR ... CAREER ADVISOR. When factoring in bonuses and additional compensation, a Mechanical Engineer at Lockheed Martin can expect to make an average total pay of … Since mechanical engineers have so many career options, their salaries can vary a great deal. Salary summary: Education (Bachelors Degree, Mechanical Engineer) South Africa SALARY PROFILES. Graduates of Chemical Engineering earn an average of £27,696 in their first job, while Civil Engineers nab an average starting salary of £25,847. Entry-level mechanical engineers holding bachelor's degrees earned average annual starting salaries of $61,300, according to the National Association of Colleges and Employers' Spring 2012 Salary Survey. In this article, we describe the six highest-paying jobs you can get as a mechanical engineer, the highest-paying states for this career and how to increase your salary as a mechanical engineer. The expected growth rate for this field during the period 2016-2026 is just 4%, but it’s still a very profitable career to embark upon. Civil engineering Average starting salary in 2012: $57,700 The median hourly salary was $42.00, while the median annual income was $87,370. The overall economy, corporate scandals, new legal requirements, the dot-com bubble and burst—a variety of factors have affected the rise and fall of starting salaries for new college graduates over the past half century. After graduation, you can work in almost all sectors of the engineering industry. College graduates in the class of 2015 with bachelor’s degrees in electrical engineering can expect an average starting salary of $57,000. Manchester was the first English university to offer an engineering degree – and we continue to lead the way. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Mechanical engineering technicians should expect a five percent job growth rate, leading to 2,300 new jobs, according to the BLS. Mechanical Engineer salaries at Tesla can range from $76,611 - $141,328. 1. This estimate is based upon 125 Lockheed Martin Mechanical Engineer salary report(s) provided by employees or estimated based upon statistical methods. Salary by Industry. You can find jobs in aerospace, automotive, chemical, construction, electronics, or metal industries, and more. One of the biggest factors that will determine your long term salary in engineering is whether you have a bachelor’s or master’s degree or MBA degree. According to our 100% employer reported salary sources the median salary for an Aerospace Engineer I with a Bachelor's Degree is $72,409 - $76,217. The starting salary for a civilian astronaut averages $65,000 annually with top pay averaging $140,000 per year, with extensive work experience. Toggle navigation. Average Starting Salary and Range. Engineering. Evidence shows that earning a MBA or master’s degree generally will result in a higher salary year after year. According to the BLS, the top paying industry in May 2018 was oil and gas extraction, which had an annual mean salary of $126,880 or an hourly mean wage of $61.00. The average salary for a Mechanical Engineer is $107,381 per year in California. Employment of mechanical engineers by state, May 2017. Mechanical Engineer Salary Bachelors Topping the list is San Francisco, CA, with Fremont, CA and San Jose, CA close behind in the second and third positions. The typical Tesla Mechanical Engineer salary is $101,805. 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