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Component Engineer Salary in Hamilton, Bermuda
How much does a Component Engineer make in Hamilton, Bermuda?
$101,216 (BMD)/year
Average Bonus
$3,441 (BMD)
per Year
Total Compensation
$103,331.34
Entry Level
$71,236
Median
$99,890
Senior Level
$115,793
As of July, 08, 2026, the average component engineer gross salary in Hamilton, Bermuda is $101,216 or an equivalent hourly rate of $49. In addition, component engineers earn an average bonus of $3,441. An entry level component engineer with 1-3 years of experience earns an average salary of $71,236. At the higher end of the pay range, a senior level component engineer with 8+ years of experience earns an average salary of $115,793. Salary estimates are based on salary survey data collected directly from employers in Hamilton, Bermuda.
Data powered by ERI
Salary Potential for a Component Engineer
Explore the estimated salary growth for a Component Engineer in Hamilton, Bermuda for up to 5 years. The estimated salary of a Component Engineer will be $104,455 in 1 year and $118,481 in 5 years.
View Salary by Year
Estimated Salary
$107,797
Average Growth
6.5%
The estimated salary for a Component Engineer in 2 years is $107,797, which is 6.5% average growth. This information is based on ERI's compensation database.
Typical Component Engineer Education
This chart displays the highest level of education for Component Engineers.
- 0% of Component Engineers have less than a High School Degree
- 0% of Component Engineers have a High School Diploma
- 0% of Component Engineers have an Associate's Degree
- 100% of Component Engineers have a Bachelor's Degree
- 0% of Component Engineers have a Master's Degree
- 0% of Component Engineers have a Doctorate Degree
The typical field of study for a Component Engineer is Mechanical Engineering.
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Component Engineer Salaries in Other Locations
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The cost of living in Hamilton, Bermuda is equal to the national average.
0% equal to
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Frequently Asked Questions
What does a Component Engineer do?
Analyzes engineering design impacts and concepts of products, platforms, and programs, and recommends quality and test methods for attaining customer-specified and system-level operational requirements, using knowledge of component construction, manufacturing, and test processes. Provides support with component and supplier selection, analysis, and documentation to meet technical requirements posed by design teams during concept and development for electrical and mechanical components. Reviews documentation and provides recommendations to programs; and advises and confers with engineers in design review meetings to give part selection, analysis, and test recommendations. Reviews new part requests, and creates or validates part information.
How much does a Component Engineer make in Hamilton, Bermuda?
The average salary for a Component Engineer is $101,216 per year or $48.66 per hour in Hamilton, Bermuda. Top earners have reported making up to $115,793. However, the typical pay range in Hamilton, Bermuda is between $71,236 and $115,793 annually.
What is the salary trajectory for a Component Engineer?
Component Engineer is projected to see a 17.1 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Component Engineer salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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