Electronic engineers design computers and technological equipment. Because of the growing demand of information technology in all sectors, electronic engineers are also in high demand. This translates into lucrative pay and benefits. The average salary of an electronic engineer depends upon a number of factors including his length of employment, employer type and geographical location reports Payscale.com.
An electronic engineer's salary depends largely upon how much work experience she has in the field. In October 2009, engineers with less than one year of experience earned average maximum salaries of £43,401, while those with one to four years of work experience earned an average salary of £31,990 and £44,214. The average salary range for five to nine years of experience was £38,958 to £52,269. From years 10 to 19, electronic engineers averaged maximum salaries of £55,878. Once he worked in the field for 20 years or more, an electronics engineer had the potential to earn between £46,530 and £69,873.
In October 2009, industry also influenced the average salary of electronic engineers. The military was the highest paying area for engineers, with salaries of £41,523 to £61,190. Commercial aircraft manufacturers paid £38,272 to £58,653, while electronics design consulting firms paid £34,956 to £41,593 and were the lowest paying employers. Electronic engineers working in electronics manufacturing industry averaged £28,103 to £46,190.
The area where an electronic engineer works also effects salary range. In October 2009, the highest paying state for engineers was California with salaries of £37,253 to$82,735. Other high paying states for electronic engineers were Florida with average maximum salaries of £53,010, Georgia at £50,697, Maryland at £49,517 and Texas at £46,926.
In October 2009, the federal government paid engineers the highest salaries at £38,808 to £58,990, while state and local governments paid £34,814 to £249,874. One of the lowest paying employers of electronic engineers were colleges and universities, where professionals averaged £30,419 to £43,784.
In October 2009, many electronic engineers received additional benefits that increased their overall compensation packages. Electronic engineers earned an average of 2.2 to 3.5 weeks of paid vacation and averaged annual bonuses of between £1,105 to £1,331. Additionally, engineers received average annual profit-sharing payments of £657 to £2,112. Other common benefits for electronic engineers included paid holidays and sick days, 401k retirement plans, life or disability insurance, tuition reimbursement for educational courses, flexitime and casual dress.