Without electrical engineers, the world would be a very different place. Due to the technological advancements from electrical engineering, society is able to use cell phones, television, and other modern devices that they couldn’t use without these professionals. As electrical engineering grows in demand, it is crucial to know about the best companies for electrical engineers.
In this article, we have compiled a list of the highest-paying electrical engineer companies, as well as company reviews, salaries, and a quick step-by-step guide to help you land a job in electrical engineering.
What Is an Electrical Engineer?
An electrical engineer develops, tests, manages, and manufactures electrical equipment. Their work ranges from navigation systems to electric motors. Part of the job description for an electrical engineer is to maintain, improve, and implement electrical instruments, components, and facilities.
Electrical engineers are expected to ensure construction, manufacturing, and installation standards, and perform a wide range of detailed calculations. In addition, they write reports and compile data on existing electrical projects and studies, while ensuring compliance with specifications, customer requirements, and codes.
How to Get an Electrical Engineering Job
Before landing a job in electrical engineering companies or private businesses that need talented engineers, you must first tackle a few key things. Below is a list of the steps you have to take to ensure you’re on the right engineering career path.
- Get an electrical engineering degree. Electrical engineers need a formal degree. Enroll in an accredited engineering program that will provide you with a bachelor’s degree. The program will cover foundational principles like system designs, electrical systems, and equations.
- Pass the fundamentals of engineering exam. Before you can start working, you must pass the fundamentals of engineering exam and receive your license. Typically, this is a minimum requirement when applying for electrical engineering jobs.
- Create your resume. After getting your degree and license, you have to write a functional resume where your employer will see your skills and experience first. Your resume is a reflection of you, so ensure that it’s written clearly.
- Apply for an entry-level job. There are high-paying jobs for electrical engineers even if you’re just entering the electrical engineering field. The important thing is to gain as much experience as you can to climb the corporate ladder.
- Take the professional engineer exam. To further increase your credibility, you can take the professional engineer exam. The requirement is that electrical engineers must have four years of relevant experience.
Top 10 Highest-Paying Electrical Engineers Companies
| Company | Salary for Electrical Engineers |
|---|---|
| Micron Technology | $101,609 |
| Raytheon | $94,385 |
| IBM | $93,878 |
| Dewberry | $93,703 |
| Northrop Grumman | $92,124 |
| Lockheed Martin | $90,999 |
| Honeywell | $80,461 |
| Johnson & Johnson | $76,069 |
| DISH | $60,813 |
| Stryker Corporation | $50,293 |
Micron Technology
Micron Technology is known as an industry leader in memory and storage solutions. Thanks to its expert technology, computers can run faster and smoother. Not only that, but the company has played an important role in mobile phones. Aside from electrical engineers, they are also hiring data scientists and cloud architects.
What Does Micron Technology Pay Its Electrical Engineers?
Micron Technology pays its electrical engineering employees approximately $101,609 a year. This is higher than the overall average salary of electrical engineers, which sits at $90,920. Five people reported receiving additional cash bonuses on top of their salary.
Micron Technology Reviews
Micron Technology reviews on Glassdoor rate the company four out of five stars. Some perks include good health and vision insurance and a great working environment, benefits like health insurance and vision insurance, while a con included being stuck with old systems and processes.
Raytheon
Raytheon is a defense and aerospace company providing advanced service and systems for military, commercial, and government customers, with headquarters in the Greater Boston Area, East Coast, and New England. The company needs people with engineering expertise to go beyond the limitations of electric propulsion, quantum physics, and hypersonics. Other jobs they offer are assembler, procurement specialist, and painter worker.
What Does Raytheon Pay Its Electrical Engineers?
Raytheon pays its engineers $94,385 a year. This is higher than the general salary of electrical engineers in the US. Some other notable monetary benefits include bonus pay, loan repayment, and insurance.
Raytheon Reviews
Raytheon employee reviews on Indeed express that there are both advantages and disadvantages. Advantages include a positive work environment that provides sufficient training to help employees understand sustainable energy. One of the main disadvantages included feeling as though there is a lack of managerial presence.
IBM
IBM was founded in 1911 and is known as a global technology and innovation company bringing consulting and technology services like business continuity, network and application services, and technology support. The employee count at IBM sat at 346,000 employees in 2020. It only hires the best electrical and hardware engineers.
What Does IBM Pay Its Electrical Engineers?
IBM pays its employees $93,878 a year, which is higher than the general annual salary of electrical engineers. There is also the potential to receive cash bonuses, as reported in three employee reviews.
IBM Reviews
According to Glassdoor, IBM’s overall rating is four out of five stars for employee satisfaction. One of the positives is that you’ll get to work with experts in the field, receive support from your peers, and use top-of-the-line tools. However, some employees mentioned that policies are constantly changing and there is a lack of training.
Dewberry
Founded in 1956, Dewberry has provided professional services to both the private and public sectors. It has more than 40 locations and its services include architecture construction, engineering, geospatial, mapping and survey planning, consulting, and advisory and technology services.
What Does Dewberry Pay Its Electrical Engineers?
Dewberry pays its electrical engineers $93,703 per year. This is higher than the annual general average salary of the profession. Its best benefits include mental health care, life insurance, and occupational accident insurance, all of which have five-star ratings.
Dewberry Reviews
Dewberry’s overall rating is just over four stars, according to reviews on Glassdoor. A few advantages of this company are its excellent leadership, professionalism, quality of work, and opportunities to learn and develop. In contrast, some employees found themselves in an unreasonable number of meetings and in a face-paced environment, which wasn’t enjoyed by everyone.
Northrop Grumman
Northrop Grumman is a top global security company. It provides products, solutions, and inventive systems in information systems, electronics, aerospace, and technical services. Its clients are typically commercial and government customers. Northrop Grumman’s current career options include software engineers, data scientists, and copywriters.
What Does Northrop Grumman Pay Its Electrical Engineers?
Electrical engineering degree graduates employed in the company have an average base salary of $92,124, annually. This is greater than the annual average salary for electrical engineers. It also offers employee discounts and relocation assistance.
Northrop Grumman Reviews
Indeed hosts both positive and negative reviews for Northrop Grumman. Positive reviewers note that there is a supportive company culture and that it is a secure place for retirement. However, the work at Northrop Grumman can be monotonous, with a considerably slow progression for promotions.
Lockheed Martin
Lockheed Martin is a global security and aerospace company engrossed in research, development, design, integration, and the manufacturing of advanced technology systems. Headquartered in Maryland, it’s well-known for major breakthroughs in renewable energy.
What Does Lockheed Martin Pay Its Electrical Engineers?
The average salary Lockheed Martin pays its electrical engineers is $90,999 per year, which is similar to the average salary in the US. There are nearly 20 reports of cash bonuses from employees, ranging from $2,768 to $3,033.
Lockheed Martin Reviews
According to Lockheed Martin reviews on Glassdoor, the company has received an overall rating of four out of five stars. The pros of Lockheed Martin are that there is a good work-life balance, whilst providing good benefits. On the other hand, the company has many stringent processes and a rigorous environment that some may find undesirable.
Honeywell
Honeywell manufactures and invents technologies, addressing complex challenges in global macro trends like security, energy, and safety. Honeywell also produces aerospace products and services, control technologies for homes and buildings, and supplies automotive products.
What Does Honeywell Pay Its Electrical Engineers?
The average base salary of electrical engineers at this company is $80,461 per year. This is lower than the general average salary of electrical engineers, but there is a chance to be awarded cash bonuses.
Honeywell Reviews
There are mixed employee reviews for Honeywell. The advantages are that there is a good work-life balance, supportive culture, and excellent benefits. However, some employees recall feeling overworked and receiving only small salary raises.
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Johnson & Johnson
Johnson & Johnson has led the biotech and pharmaceuticals industry. It has a range of skincare, baby care, women’s health, and nutritional products. The company has been operating since 1886 and even manufactured medical devices and diagnostics.
What Does Johnson & Johnson Pay Its Electrical Engineers?
Johnson & Johnson pays its electrical engineers $76,069, however, this amount can range between $53,683 and $148,220 a year. The average salary is somewhat lower than the average for this position, but there is significant room for growth.
Johnson & Johnson Reviews
Based on Johnson & Johnson reviews on Glassdoor, the pros of working at the company are that it’s a big company with great benefits, and you are surrounded by experienced professionals. However, some employees mentioned the work environment being too politicized and the salary being too low for the industry.
DISH
DISH is a satellite service provider that also provides video services. It has programming packages that include specialty sports channels, premium movie channels, and even international programming. DISH is currently looking for a data science manager, cloud and data architect, and device expert.
What Does DISH Pay Its Electrical Engineers?
DISH’s standard average salary for electrical engineers is $60,813, but the salary may vary between $53,967 and $92,966 per year. The higher salary is greater than the average annual salary of electrical engineers, while the lower end of the spectrum is significantly lower than the national average.
DISH Reviews
There are differing opinions on Glassdoor. Some employees report an inclusive environment, with a connected culture and recognition of hard work. However, another employee reported that the benefits are unfavorable and the insurance coverage was severely lacking.
Stryker Corporation
Stryker Corporation was founded in 1941 and is a leader in the medical technology field. It provides innovative products and services in the surgical and medical, orthopedics and neurotechnology, and spinal sectors of medicine. Its products include reconstructive hips and knees, power tools, surgical accessories, and spinal implants.
What Does Stryker Corporation Pay Its Electrical Engineers?
Stryker Corporation pays its engineers $50,293 a year. This is much lower than the general average salary of electrical engineers. Stryker Corporation provides benefits, though, including health savings account services, which received a five-star rating.
Stryker Corporation Reviews
The reviews for Stryker Corporation on Glassdoor detail the flexible work culture and growth opportunities within the company. Although, some reviews note that you are required to put in overtime and the line between hard work and overworked is often blurred.
Why You Should Become an Electrical Engineer in 2023
You should become an electrical engineer in 2023 because of the promise this profession holds. The US Bureau of Labor Statistics reports that the job outlook for electrical engineering is projected to grow seven percent between 2020 and 2030. Electrical engineers are greatly depended-on and can find employment in nearly any industry.
In addition, you should consider electrical engineering if you have an interest in working with talented engineers and other professionals, and have a passion for electrical engineering processes. Working in one of the best companies for electrical engineers will provide you with these experiences and will benefit you in the long run by giving you opportunities to grow.
Best Companies for Electrical Engineers FAQ
Micron Technology pays its electrical engineers the most, with the average annual salary being $101,609, with the potential for increase.
New York pays the highest annual salary to electrical engineers. The yearly average salary for electrical engineers in New York is $98,310.
Yes, electrical engineering is in demand in the US. The Bureau of Labor Statistics reports a seven percent increase in demand between 2020 and 2030.
California is the state with the most electrical engineering jobs. According to the US Bureau of Labor Statistics, there are 26,360 electrical engineering jobs in California.
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