Basic Salary Report


Salary Report Summary

The Electrical Engineer working in New Jersey - Statewide, New Jersey now earns an average annual salary of 97,350. Half of those in this position would earn between 73,713 and 118,095 (the 17th and 67th percentiles). These numbers are derived from area-specific government survey data.

(Note: These are conservative government estimates. For competitive salary survey data based on consensus analyses of thousands of private and public salary surveys, see ERI's Salary Assessor® software.)

When benefits and bonuses are added to this salary, the average total compensation for this position would be 120,833. See the graph and table below to learn how the cost of living in this location affects the actual value of this salary.

More detailed information on salary, benefits, and cost-of-living is available below.
Estimates as of 09-Feb-2010.  Currency in United States Dollars.

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Electrical Engineer | New Jersey - Statewide, New Jersey
Low Average High Bonus Benefits
73,713 97,350 118,095 10.5% 13.6%
Total Compensation:   120,833
United States National Average
Low Average High Total Compensation
72,415 95,635 116,015 119,119
Cost of Living: A renter's cost of living for this area would be 114,223. This cost of living is 18,588 greater than the National norm of 95,635. Cost of living reflects the demand for and supply of goods and services. Salary differences reflect the demand for and supply for labor.

Currency in United States Dollars.
Position Description - Electrical Engineer
Researches, develops, designs, and tests electrical components, equipment, and systems, applying principles and techniques of electrical engineering. Designs electrical equipment, facilities, components, products, and systems for commercial, industrial, and domestic purposes. Designs, and may direct engineering personnel in, fabrication of test control apparatus and equipment, and determines methods, procedures, and conditions for testing products. Requires a degree in electrical engineering. Excludes supervisory and paraprofessionals.: Develops applications of controls, instruments, and systems for new commercial, domestic, and industrial uses. Directs activities to ensure that manufacturing, construction, installation, and operational testing conform to functional specifications and customer requirements. May direct and coordinate operation, maintenance, and repair of equipment and systems in field installations. May specialize in specific area of discipline, such as electrical energy generation, transmission, and distribution systems; products, such as appliances, generators, transformers, control devices, and relays; or area of work, such as manufacturing, applications, or installation. May use computer-assisted engineering and design software and equipment to perform engineering tasks. (Source: eDOT Job Description)

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Methodology
All data is legally licensed and derived from real government salary surveys. Positions titles, job descriptions, and salary adjustment percentages are provided by the eDOT Project. For SalaryExpert.com's Complete Statistical Methodology, click here
Data Sources
SalaryExpert data is derived from non-copyrighted government salary surveys from each country's National Labor/Statistics Office. Premium and executive salary reports also utilize SEC filings, IRS Form 990s, Occupational Assessor position analyses, and SalariesReview.com compensation databases.

Bonus Report #1 (4 other bonus reports are available - see Premium Salary Report: Potential Employers, Career, Overtime & Early Retirement)

Data reported by the US Department of Labor Occupational Employment Statistics Prevailing Wage Rates for use in H-1B estimates made after 2005 have been enhanced with two calculated columns: Level 2 and Level 3. As of March 28, 2005, new ETA 9089 rules call for surveys to provide at least 4 levels of wages. The Consolidated Appropriations Act, 2005 amended Section 212(p) of the INA, 8 U.S.C. 1182(p), to provide that: The wage required to be paid pursuant shall be 100 percent of the prevailing rates and Where the Secretary of Labor uses, or makes available to employers, a governmental survey to determine prevailing wage, such survey shall provide at least 4 levels of wages commensurate with experience, education, and the level of supervision. Where an existing government survey has only 2 levels, 2 intermediate levels may be created by dividing by 3 the difference between the two levels offered, adding the quotient thus obtained to the first level, and subtracting that quotient from the second level.
SalaryExpert’s calculations are shown below:

For Use In Type Annual Mean Level 1 (I) Level 2 Level 3 Level 4 (II)
2007-2008 OES 3 81,530 N/A N/A N/A N/A
2008-2009 OES 3 84,150 N/A N/A N/A N/A
2009-2010 OES 3 86,880 N/A N/A N/A N/A


The above values are to be used (ed. note: for prevailing wage submissions) except for nonprofits, colleges and universities, college and university operated federally funded research and development centers, and certain research agencies.



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