Mechanical engineers have very broad job responsibilities. They work on a variety of tools and machines that we use in everyday life. They see different salaries depending on where they work. The mechanical engineer salary in the United States is $67,394 while in Canada and New Zealand it is around $63,000 in their currencies, respectively. In South Africa, these professionals see a nice salary of 25,983 U.S. dollars.
In this article, you can learn about the factors that impact pay from the country they work in, the experience they have, and the industry of employment. In addition, the bonuses and benefits for these professionals will be covered.
How Much Does a Mechanical Engineer Make per Year by Country?
|Mechanical Engineer Salary||US||Canada||UK||Australia||New Zealand||India||South Africa|
|Hourly Pay||$26.00||C$27.00 ($20.59)||E10.00 ($10.64)||AU$32.00 ($24.00)||NZ$23.00 ($16.41)||Rs 254.00 ($3.73)||R149.00 ($11.02)|
|Annual Pay||$67,934||C$63,859 ($48,698)||E29,747 ($31,661)||AU$71,426 ($53,572)||NZ$62,379 ($44,500)||Rs 342,365 ($5,025)||R351,165 ($25,983)|
* These amounts are estimated from the annual pay. An hourly rate was not listed.
Mechanical Engineer Salary Influencing Factors
Mechanical engineers have a presence in all countries because they design, develop, and make the things that all of us use every day. Payscale has enough self-reported data to provide robust numbers for the mechanical engineer salary.
How Much Does a Mechanical Engineer Make in the US?
Mechanical engineers in the United States earn a salary of $50,847 to $95,795. They see a bonus anywhere from $100 to $9,805, profit shares of up to $9,772, and a commission up to $39,911. The reported hourly rate is $15.09 to $41.32. The total salary is $49,850 to $98,376. Some individuals report a bonus of up to $4,788 and profit sharing of up to $2,980. The total salary is $18,442 to $44,406.
How Much Does a Mechanical Engineer Make in Canada?
The mechanical engineer salary in Canada is C$47,879 and C$93,250 dollars. Extra income can arrive in the form of bonuses, profit shares, and commission up to amounts of C$9,954, C$7,085, and C$5,000 respectively. The hourly rate is C$17.15 to C$43.71 with overtime wages of C$25.28 to C$60.33 dollars.
How Much Does a Mechanical Engineer Make in the UK?
The hourly rate for mechanical engineers in the United Kingdom is E6.18 to E20.00. The overtime rate is E8.77 to E25.95. From a yearly perspective, these professionals make between E19,787 and E43,067. The total pay for these professionals is E18,442 to E44,406.
How Much Does a Mechanical Engineer Make in Australia?
The full mechanical engineer salary in Australia is AU$50,653 to AU$115,127 dollars. A bonus of AU$13,959 and profit share of AU$12,164 can be seen by some individuals. The hourly rate is AU$19.2 to AU$64.64 with overtime of AU$28.65 to AU$69.07. In total, these professionals will make AU$50,653 to AU$115,127.
How Much Does a Mechanical Engineer Make in New Zealand?
The 10th percentile of earners in New Zealand will make NZ$16.74 an hour and NZ$47,559 annually. The 90th percentile of earners in New Zealand will make NZ$34.82 an hour and NZ$93,675 annually. The overtime rate is NZ$22.86 to NZ$46.43. A small profit share of NZ$750 and bonus of up to NZ$9,863 may be earned. The full salary is NZ$42,918 to NZ$92,220.
How Much Does a Mechanical Engineer Make in India?
Annually, the mechanical engineer salary in India is Rs 148,934 to Rs 851,161. They can get a bonus from Rs 1,029 to Rs 96,811. The profit share can be Rs 100,322 and the commission Rs 2,000. Hourly, they make Rs 48.83 to Rs 2,061 with overtime wages of Rs 38.44 to Rs 585. In fact, these professional can expect a total income of Rs 154,215 to Rs 923,052.
How Much Does a Mechanical Engineer Make in South Africa?
Mechanical engineers in South Africa see an hourly rate of R37.48 to R318.62 with an overtime rate up to R296.42. Annually, they make R175,379 to R672,697. Bonuses of R67,260, profit shares of R87,410, and commission of R25,025. With the base salary and all extra sources of income considered, these professionals make R171,772 to R711,730.
In the United States, United Kingdom, New Zealand, Canada, and Australia, mechanical engineers start about 6-9% below the median. In India and South Africa, entry level professionals start slightly more below the median at 13-14%. In the United Kingdom, mechanical engineers see marginal growth throughout their career and end at only 14% above the median.
Interestingly, in New Zealand and the United Kingdom, the highest wages are seen at the experienced level. Income actually decreases in late career. The growth for mechanical engineers in Australia, Canada, and the United States ends about 40-45% above the median. In India, an extreme rise in income sees mechanical engineers ending at 238% when they have more than 20 years of experience.
Mechanical engineers who work in the fields of oil and gas extraction, information services, electronic and precision equipment repair, pipeline transportation, and waste treatment receive the highest median income.
The highest number of mechanical engineers work in architectural services, scientific services, aerospace manufacturing, motor vehicle parts manufacturing, and for the federal government. There are approximately 120,000 mechanical engineers who work in these fields.
Certain skills are valued more than others. In Australia, Canada, the United Kingdom, and the United States project management is highly appreciated. Mechanical engineers in Australia and New Zealand are valued for knowing AutoCAD, but in India, South Africa, the United Kingdom, and the United States, this skill is not valued as highly.
Schedule & Working Hours
Mechanical engineers work full-time for the most part. About 1 in 3 mechanical engineers work more than 40 hours a week. Mechanical engineers work more on a project-oriented schedule than a time schedule. Therefore, they may work more than 40 hours a week when a project is due and less than 40 hours a week there is less to do.
These professionals will work in offices for the most part. They may have to go into the field or a manufacturing facility where people are constructing the products that the engineers design and develop.
Bonuses & Benefits
Mechanical engineers get to work on a variety of projects. They have a significant amount of flexibility in solving problems and creating solutions. As far as benefits, mechanical engineers frequently receive medical, dental, vision, life, and disability insurance.
In addition, they may receive tuition reimbursement, profit sharing, and paid time off. A possible exception to this suite of benefits is mechanical engineers who are self-employed. These professionals will have a lot of flexibility and the enjoyment of owning their own business, but will not see employer granted benefits.
The table below shows the health care benefits that these professionals earn in respective countries.
|Country||Australia||Canada||India||South Africa||United States||United Kingdom||New Zealand|
Mechanical engineers are expected to see a 5% growth in the field through the year 2024. They get to work in a variety of industries and, thus, the actual percentage will differ by the industry. Mechanical engineers who work in manufacturing are very valuable because they can create innovations that improve efficiency.
The most marketable engineers have training in computational design, as they can use simulations to model projects. An innovation that mechanical engineers should be trained in is 3D printing.
Being a mechanical engineer is largely a male-dominated profession. The highest proportion of females work in South Africa at 11%. In India, Australia, and the United Kingdom the ratio of males is above 94%.
Mechanical engineers enjoy a variety of projects and every day is different. They have to be good at visualizing designs and iterating on intermediate products. They can work in several different industries, so the mechanical engineer salary may differ from one to another. However, all in all, the wage is, more often than not, high. It’s often a job that will take you out on the field or in factories, so check out the software engineer salary if you’re looking for something more indoors.