As of April 01, 2025, the average annual salary for a Hardware Design Engineer V in Rockford, IL is $158,000. Salary.com reports that pay typically ranges from $148,800 to $169,300, with most professionals earning between $140,424 and $179,588.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $169,300 | $14,108 | $3,256 | $81 |
| Average | $158,000 | $13,167 | $3,038 | $76 |
| 25th Percentile | $148,800 | $12,400 | $2,862 | $72 |
An entry-level Hardware Design Engineer V with under 1 year experience makes about $154,277. With less than 2 years of experience, a mid-level Hardware Design Engineer V makes around $154,960. After 2-4 years, the Hardware Design Engineer V pay rises to about $155,643. Those senior Hardware Design Engineer V with 5-8 years of experience earn roughly $156,599, and those Hardware Design Engineer V having 8 years or more experience are expected to earn about $158,813 on average.
| Levels | Salary |
|---|---|
| Entry Level Hardware Design Engineer V | $154,277 |
| Intermediate Level Hardware Design Engineer V | $154,960 |
| Senior Level Hardware Design Engineer V | $155,643 |
| Specialist Level Hardware Design Engineer V | $156,599 |
| Expert Level Hardware Design Engineer V | $158,813 |
| Entry Level | 2% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 1% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
PCB Design: Creating layouts and 3D models of circuit boards using specialized computer software.
Product Design: Product design as a verb is to create a new product to be sold by a business to its customers. A very broad coefficient and effective generation and development of ideas through a process that leads to new products. Thus, it is a major aspect of new product development. Due to the absence of a consensually accepted definition that reflects the breadth of the topic sufficiently, two discrete, yet interdependent, definitions are needed: one that explicitly defines product design in reference to the artifact, the other that defines the product design process in relation to this artifact. Product design as a noun: the set of properties of an artifact, consisting of the discrete properties of the form (i.e., the aesthetics of the tangible good and/or service) and the function (i.e. its capabilities) together with the holistic properties of the integrated form and function.
| Skill | Salary | Demand |
|---|---|---|
|
Accountability
|
$180,120 |
14%
|
|
Presentation
|
$175,380 |
11%
|
|
Prototyping
|
$172,220 |
9%
|
|
Building Relationships
|
$170,640 |
8%
|
|
Commitment
|
$169,060 |
7%
|
|
Ethernet
|
$169,060 |
7%
|
