How much does a Manufacturing Engineer IV make in Madrid, ES? The average Manufacturing Engineer IV salary in Madrid, ES is €69,733 as of April 08, 2021, but the range typically falls between €60,437 and €90,415. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

Global Market Data
50TH(Median) €69,733 25TH €60,437 75TH €90,415

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Skills to Boost a Manufacturing Engineer IV Salary

Mastering key skills can significantly increase your earning potential as a Manufacturing Engineer IV. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 6% salary raise, while strong Mechanical Engineering skills boost pay by a 2%. Even Cost Reduction can result in a 2% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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. It is one of the oldest and broadest of the engineering disciplines. The mechanical engineering field requires an understanding of core areas including mechanics, dynamics, thermodynamics, materials science, structural analysis, and electricity. In addition to these core principles, mechanical engineers use tools such as computer-aided design (CAD), computer-aided manufacturing (CAM), and product life cycle management to design and analyze manufacturing plants, industrial equipment and machinery, heating and cooling systems, transport systems, aircraft, watercraft, robotics, medical devices, weapons, and others. It is the branch of engineering that involves the design, production, and operation of machinery.
Cost Reduction
Cost reduction is the process used by companies to reduce their costs and increase their profits. Depending on a company’s services or product, the strategies can vary. Every decision in the product development process affects cost. Companies typically launch a new product without focusing too much on cost. Cost becomes more important when competition increases and price becomes a differentiator in the market.
More Skills...
Based on recent job listings, in-demand skills in the Manufacturing Engineer IV field include Analysis (6%), Mechanical Engineering (2%), Cost Reduction (2%), and Process Development (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis €73,917
Analysis
€73,917
6%
Mechanical Engineering €71,127
Mechanical Engineering
€71,127
2%
Cost Reduction €71,127
Cost Reduction
€71,127
2%
Process Development €70,430
Process Development
€70,430
1%
Analysis
6.83%
Mechanical Engineering
29.80%
Cost Reduction
3.86%
Process Development
1.44%
Job Openings for Manufacturing Engineer IV in Madrid, Spain
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Career Path for Manufacturing Engineer IV

Madrid lies on the southern Meseta Central, 60 km south of the Guadarrama mountain range and straddling the Jarama and Manzanares river sub-drainage basins, in the wider Tagus River catchment area. There is a considerable difference in altitude within the city proper ranging from the 700 m (2,297 ft) around Plaza de Castilla in the north of city to the 570 m (1,870 ft) around La China wastewater treatment plant on the Manzanares' riverbanks, near the latter's confluence with the Fuente Castellana thalweg in the south of the city. The Monte de El Pardo (a protected forested area covering over a...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
City, Country Compared to national average
City, Country Madrid, ES Compared to national average
+ 9.0%
City, Country Bilbao, ES Compared to national average
+ 6.0%
City, Country Alicante, ES Compared to national average
-6.7%
City, Country Cordova, ES Compared to national average
-4.1%
City, Country Valladolid, ES Compared to national average
+ 2.0%
City, Country Vigo, ES Compared to national average
-5.9%
Employees with Manufacturing Engineer IV in their job title in Madrid, ES earn an average of 9.0% more than the national average. The lower salaries can be found in Alicante, ES (6.7% less), Vigo, ES (5.9% less), Cordova, ES (4.1% less).

Understand the base salary paid range for a Manufacturing Engineer IV in Madrid, ES

Average Base Salary

Core compensation

60437
90415
69733
The chart shows the base salary for Manufacturing Engineer IV in Madrid ranges from €60,437 to €90,415 with the average base salary of €69,733. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Manufacturing Engineer IV may get paid difference by industry, location, and factors.