As of May 18, 2021, the average salary for a Hardware Engineering Manager in the United States is $163,425 per year, which breaks down to an hourly rate of $79.
However, a Hardware Engineering Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Hardware Engineering Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Hardware Engineering Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Hardware Engineer VI | 10-12 years | $195,840 |
| Hardware Engineering Supervisor | 12+ years | $127,843 |
| Hardware Engineering Manager | 12+ years | $163,425 |
| Hardware Engineering Senior Manager | 12+ years | $192,320 |
| Hardware Engineering Director | 12+ years | $236,400 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Hardware Engineering Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 13.24% |
| Career Development | 2.45% |
| Hardware Design | 1.96% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Program Management
|
$178,133 |
9%
|
|
Mechanical Engineering
|
$171,596 |
5%
|
|
Project Management
|
$171,596 |
5%
|
|
Product Development
|
$169,962 |
4%
|
|
Hardware Development
|
$168,328 |
3%
|
|
Initiative
|
$168,328 |
3%
|
Your level of education can impact your salary potential. While many Hardware Engineering Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Hardware Engineering Manager with a Bachelor's Degree is between $165,166 and $172,197).
Hardware Engineering Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 7.1% |
| High School | 7.1% |
| Associates | 3.6% |
| Bachelors | 39.3% |
| Masters | 42.9% |
| Doctorate | 7.1% |
Understanding how a Hardware Engineering Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021For a Hardware Engineering Manager, the most direct path to higher earnings is advancing to the Hardware Engineering Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $192,320 - a projected growth of 18% over your current level.
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Compensation PlanningHere are companies hiring for Hardware Engineering Manager and their salaries, click below for more details.
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A Hardware Engineering Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Hardware Engineering Manager earns the most in San Jose, CA, where the annual salary of a Hardware Engineering Manager is $206,128.
The highest pay for Hardware Engineering Manager is $180,501.
The lowest pay for Hardware Engineering Manager is $139,462.
Plans and directs hardware engineering activities within an organization. Manages a team that provides analysis related to the design, development, and implementation of hardware for products. Enhances operations by establishing metrics and analyzing processes. Implements standard methodologies, tools, and best practices to ensure high-quality deliverables. Ensures all hardware engineering projects, initiatives, and processes are in conformance with the organization's established policies and objectives. Reviews and approves testing and QA procedures. Stays abreast of advancements in hardware technology and materials. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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