Electrical Engineer Salary at Means Industries Inc BETA

How much does a Means Industries Inc Electrical Engineer make?

As of December 2024, the average annual salary for an Electrical Engineer at Means Industries Inc is $70,248, which translates to approximately $34 per hour. Salaries for Electrical Engineer at Means Industries Inc typically range from $66,498 to $73,526, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Means Industries Inc Overview

Website:
meansindustries.com
Size:
200 - 500 Employees
Revenue:
$50M - $200M
Industry:
MFG Durable

Electro-Dynamic Driveline Disconnects, Mechatronic Clutches, Electric-Motor Housings with Thermal-Management and Integrated Electric Park-Lock Systems: These are the type of leading-edge technologies that you can expect when you partner with Means Industries. After nearly 100 years in the Auto-Industry, the passion of the Means team to design and manufacture products that improve efficiency and performance is unmatched. The company's torque transfer solutions and advanced metal-forming capabilities are utilized in hundreds of current production vehicle transmissions manufactured by nearly all of the largest automotive companies in the world.

See similar companies related to Means Industries Inc

What Skills Does a person Need at Means Industries Inc?

At Means Industries Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Electrical Engineering: Electrical engineering is a technical discipline concerned with the study, design and application of equipment, devices and systems which use electricity, electronics, and electromagnetism. It emerged as an identified activity in the latter half of the 19th century after commercialization of the electric telegraph, the telephone, and electrical power generation, distribution and use. Electrical engineering is now divided into a wide range of fields including, computer engineering, power engineering, telecommunications, radio-frequency engineering, signal processing, instrumentation, and electronics. Many of these disciplines overlap with other engineering branches, spanning a huge number of specializations including hardware engineering, power electronics, electromagnetics and waves, microwave engineering, nanotechnology, electrochemistry, renewable energies, mechatronics, and electrical materials science. See glossary of electrical and electronics engineering.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. Schematic: A schematic, or schematic diagram, is a representation of the elements of a system using abstract, graphic symbols rather than realistic pictures.
  4. Consulting: Providing technical or business expertise and advice to internal or external clients.
  5. 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.

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Check more jobs information at Means Industries Inc

Job Title Average Means Industries Inc Salary Hourly Rate
2 CNC Programmer $66,009 $32
3 Corporate Controller $223,597 $107
4 Designer $53,174 $26
5 Director, Applications Engineering $161,353 $78
6 Engineering Intern $53,255 $26
7 Help Desk Technician $51,342 $25
8 Industrial Engineer $80,723 $39
9 Journeyman Machine Repair $46,475 $22
10 Maintenance Electrician $49,733 $24
11 Manager, Intellectual Property $79,012 $38
12 Manager, Operations Excellence $102,798 $49
13 Manager, Product Engineering $102,485 $49

Hourly Pay at Means Industries Inc

The average hourly pay at Means Industries Inc for an Electrical Engineer is $34 per hour. The location, department, and job description all have an impact on the typical compensation for Means Industries Inc positions. The pay range and total remuneration for the job title are shown in the table below. Means Industries Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $70,248 look to you?

FAQ about Salary and Jobs at Means Industries Inc

1. How much does Means Industries Inc pay per hour?
The average hourly pay is $34. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Means Industries Inc?
According to the data, the highest approximate salary is about $73,526 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Means Industries Inc?
According to the data, the lowest estimated salary is about $66,498 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
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.