Engineering Designer Salary at Baring Industries BETA

25% $108,427 10% $100,442 90% $134,488 75% $126,275 $117,249 50%(Median)

As of October 2026, the average salary for Engineering Designer at Baring Industries in the United States is $117,249 per year, which is equivalent to an hourly rate of approximately $56. Most salaries for this position fall within the range of $108,427 to $126,275 annually.

Engineering Designer Salary by Experience Level at Baring Industries

The following compensation progression is modeled by anchoring Baring Industries's median pay against proprietary Retail & Wholesale career trajectories. This analysis estimates how Engineering Designer earnings typically scale from entry-level to principal roles, reflecting the specific growth curves standard within the Retail & Wholesale sector.

Level & Experience Est. Annual Base Est. Hourly Rate Salary Progression
Starting Pay 0-1 Year (Entry) $103,414 $49.72 Baseline
Early Career 1-3 Years (Junior) $110,308 $53.03 +6.7%
Market Median 4-6 Years (Anchor) $117,249 $56.37 Average
Seasoned 7-10 Years (Senior) $124,097 $59.66 +20.0%
High Performance 10-14 Years (Lead) $132,140 $63.53 +27.8%
Top Earner 15+ Years (Expert) $149,375 $71.81 +44.4%

Is Baring Industries's Engineering Designer Salary Competitive?

The scorecard below provides a multi-dimensional analysis of Engineering Designer compensation at Baring Industries. By comparing base salary against direct industry competitors, state-level averages, and local city benchmarks.
Benchmark
Entity
Avg. Annual Salary Est. Hourly rate
Plasco ID Top Competitor $98,205 $47.21
Retail & Wholesale Industry Avg. $111,247 $53.48
Parsippany, NJ City Avg. $121,966 $58.64
New Jersey State Avg. $117,428 $56.46
National Average National Avg. $108,338 $52.09

Key Skills & Their Impact on an Engineering Designer at Baring Industries?

To succeed and maximize your earning potential as an Engineering Designer at Baring Industries, a specific set of skills is crucial. The competencies listed below are highly valued. Explore the skills that can boost your compensation.

Skills Level of importance Description
Mechanical Engineering
Mechanical engineering is the discipline that applies engineering, physics, engineering mathematics, and materials science principles to design, analyze, manufacture, and maintain mechanical systems.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
HVAC
Designing, developing, maintaining, and updating Heating, Ventilation, Air-conditioning and Cooling system.
CAD
Computer-aided design is the use of computers to aid in the creation, modification, analysis, or optimization of a design.
Futures
Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Engineering Designer Career Path and Growth Opportunities

Understanding the career path for a Engineering Designer can help you plan long-term professional growth. Below is a typical career progression for a Engineering Designer, highlighting common next-step roles and opportunities for increased responsibility and compensation.

Baring Industries Overview

Website
www.baring.com
Founded In
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
160 Littleton Rd Parsippany New Jersey NJ 07054
Revenue
$10 Million - $50 Million
Phone Number
+1 9737946491
Social Media
About Baring Industries
Baring Industries has what it takes. In business since 1961, Barings staff has the experience, equipment and expertise to get the job done right.

Companies Similar to Baring Industries

Explore other companies related to Baring Industries within the same industry. Compare company profiles, services, and insights to see how Baring Industries aligns with its peers. Click a company to learn more.

FAQ about Salary and Jobs at Baring Industries

FAQ 1: How much does Baring Industries pay per hour?
The average hourly pay is $56. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
FAQ 2: What is the highest salary at Baring Industries?
According to the data, the highest approximate salary is about $126,275 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
FAQ 3: What is the lowest pay at Baring Industries?
According to the data, the lowest estimated salary is about $108,427 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
FAQ 4: What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.