Engineer Tool Design

69.878 € (EUR)/yr

33,60 € (EUR)/hr

2.467 € (EUR)/yr

The average engineer tool design gross salary in Magdeburg, Germany is 69.878 € or an equivalent hourly rate of 34 €. This is 19% lower (-16.532 €) than the average engineer tool design salary in Germany. In addition, they earn an average bonus of 2.467 €. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Magdeburg, Germany. An entry level engineer tool design (1-3 years of experience) earns an average salary of 48.980 €. On the other end, a senior level engineer tool design (8+ years of experience) earns an average salary of 78.527 €.

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Salary Potential

79.868 € (EUR)

14 %

Based on our compensation data, the estimated salary potential for Engineer Tool Design will increase 14 % over 5 years.

Education

This chart displays the highest level of education for:
Engineer Tool Design, the majority at 100% with bachelors.

Typical Field of Study: Mechanical Engineering/Mechanical Technician Training

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City Overview

Magdeburg, Germany

The cost of living in Magdeburg, Germany is 2% less than the average cost of living in Germany. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Magdeburg ( MAG-də-burg, German: [ˈmakdəbʊʁk] , locally [ˈmaχdəbʊɐ̯ç]; Low Saxon: Meideborg [ˈmaˑɪ̯debɔɐ̯x]) is the capital of the German state of Saxony-Anhalt. The city is on the Elbe river. Otto I, the Holy Roman Emperor and the founder of the Archbishopric of Magdeburg, was buried in the city's cathedral after his death. Magdeburg's version of German town law, known as Magdeburg rights, spread throughout Central and Eastern Europe. In the Late Middle Ages, Magdeburg was one of the largest a

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Disclaimer
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Job Description
Plans and administers analytical studies on engineering proposals to develop designs for tools utilizing and applying engineering principals, research data, and proposed specifications. Analyzes engineering proposals, process requirements, and related technical data pertaining to design to determine feasibility of proposal.
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