Electrical Engineering Salary 2024: Location, Factors, Average Salary

What Is Electrical Engineering? 

To learn about Electrical Engineering salary, first we have to understand what electrical engineering is. 

Electrical Engineering is a branch of engineering that is with the design and development of electrical devices. It offers knowledge on the study of electromagnetism, electricity, and electronic devices. It helps the students capable enough to become an electrical engineer. Electrical Engineers usually have to earn a degree in electrical engineering, most popular being a Bachelor’s Degree B.Tech in Electrical Engineering. Electrical engineers work in different feels and have different electrical engineering jobs. These fields include computer engineering, instrumentation, ignition systems, power engineering, systems engineering, electronics and much more. Electrical engineers work in a variety of sectors and industries, from small hardware companies to large power plants, any industry requiring electronics requires electrical engineers. 

Also Read: Electrical Engineering In India 

Electrical Engineering Salary

Much like every engineering field salary, electrical engineering salary varies on various factors, it can be experience, location, industry, education, and the skills of the individual that determine his electrical engineering salary.

It is not simple to list out electricity engineering salary nor useful without understanding these factors, here are the factors that determine an individual's electrical engineering salary:

• Experience: Perhaps the most obvious yet important factor that determines electrical engineering salary is the work experience of the individual. Those who had a head start on work experience will most likely earn more than electrical engineering freshers. An experienced, senior in the field will almost always earn more than the fresher. Same follows in electrical engineering salary.
• Industry: The choice of industry can also be a factor in determining electrical engineering salary. Industries which are just considered more heavy duty and of greater standard will pay more than the other. For example, an industry of aerospace, information technology may pay more electrical engineering salary than an industry of lower scale.
• Location: Where the job of the electrical engineer is, would also have an affect on the electrical engineering salary, when compared to different locations with the same job profile. If the electrical engineer is working in a city where the cost of living is higher, such as metro city or a tech hub, it will result in higher pay of the electrical engineering salary.
• Education: Higher level of education and degree can work in favor of demanding higher salary. Electrical engineers who have a higher proof of education, a higher level of degree such as a masters, or Ph.D in Electrical Engineering, have a right to demand for higher salary, especially when the competition is someone with lower level of education degree, such as a Bachelor’s or even a diploma.
• Specialization: During the Electrical Engineering degree, students have a choice to specialize in a subject or subjects which interest them the most. Due to this step, the very specialization they chose can get give them an edge in getting a higher salary package. Specialization and the skills that are learned by the electrical engineers can give a boost to their potential electrical engineering salary.
• Company Size, Health and Status: The company size, health and status can affect the electrical engineering salary. Within it are many factors, such as number of employees, different sectors within a company. For example, In a large company, there will be more competition, whereas in a company with limited positions, pay might be higher as its more exclusive.
• Negotiation: Aside from work experience, most decisive step that affects the salary is the negotiation that takes place between the employee and the candidate. It depends on the candidate’s negotiation skills to get himself a convincing salary package, along with perks and benefits.

Electrical Engineering Salary Per Month

Now that the factors that effect an electrical engineer’s salary are covered, we can cover how salaries between a fresher, mid-level engineer, and a senior differ.

Here is a table, highlighting the number of work experience and the electrical engineering salary to be expected at a certain work experience level.

Fresher Electricity Engineering Salary 

Freshers are the recent electrical engineering graduates with no or very little work experience. As such they earn fresher level salary, even though experience level would not help them, other factors such as location, company size, specialization and the level of education would be the deciding factor here, for the electrical engineering salary.

Mid-Level Electricity Engineering Salary

Although not quite at the experienced-level yet, the mid-level electricity engineers are those who have come far from their fresher days. As work experience increases, with more years of service, their salary can also go up.

Experienced-Level Engineering Salary

Experienced-level electrical engineers are those who have now turned into seniors and carry a lot of work experience with them, along with skills that are required to lead. With their highly specialized skills and experience, they can demand high salaries. With even more experienced, they can also opt for a managerial role, or go further up in the chain of command.

Electrical Engineering Salary Based on Location

As discussed, location is one of the major factors that affects an electrical engineer salary. Here we talk about the different metro cities, and tech hubs in India and how the electrical engineering salary each city offers differs.