Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Hardware R&D Engineer III in Missouri is $108,593 per year, which breaks down to an hourly rate of $52.
However, a Hardware R&D Engineer III's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered Talent
Smart Recruiting
Hardware R&D Engineer III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $118,253 | $9,854 | $2,274 | $57 |
| Average | $108,593 | $9,049 | $2,088 | $52 |
| 25th Percentile | $100,723 | $8,394 | $1,937 | $48 |
Marriott International - Saint Louis, MO
Emerson - Saint Louis, MO
Boeing - Saint Louis, MO
Thermo Fisher Scientific - St. Louis, MO
A Hardware R&D Engineer III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Hardware R&D Engineer III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Entry Hardware Engineer | 0-2 years | $78,325 |
| Hardware Design Engineer II | 2-4 years | $93,640 |
| Hardware R&D Engineer III | 4-7 years | $108,577 |
| Hardware Design Engineer - Specialist | 7+ years | $131,871 |
| Hardware Design Engineer V | 7-10 years | $155,667 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Hardware R&D Engineer IIIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Hardware R&D Engineer III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $121,564. While startup companies pay approximate $102,840.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $102,840 |
| Growth Stage | 51~500 | $108,765 |
| Established | 501~5000 | $117,391 |
| Enterprise | 5000+ | $121,564 |
For Hardware R&D Engineer III roles, the industry you choose can affect earning potential by as much as 55% (the gap between the highest and lowest paying industries). Data shows that the Internet and Energy & Utilities sectors offer the strongest compensation, at 25% above the average. In contrast, Hardware R&D Engineer positions in Retail & Wholesale or Transportation typically offer lower base pay, as these industries often view Hardware R&D Engineer III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Internet | $135,741 | $65.0 | 25% |
| Energy & Utilities | $130,312 | $63.0 | 20% |
| Edu., Gov't. & Nonprofit | $124,882 | $60.0 | 15% |
| Biotechnology | $119,452 | $57.0 | 10% |
| Healthcare | $119,452 | $57.0 | 10% |
Understanding how a Hardware R&D Engineer III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $118,253 | $9,854 | $2,274 | $57 |
| Average | $108,593 | $9,049 | $2,088 | $52 |
| 25th Percentile | $100,723 | $8,394 | $1,937 | $48 |
For a Hardware R&D Engineer III, the most direct path to higher earnings is advancing to the Hardware Design Engineer - Specialist role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $131,900 - a projected growth of 21% over your current level.
Ready to take the next step in your career? Browse thousands of current Hardware R&D Engineer III job openings on our job board. Use the search bar below to find your perfect match.
Know Ink, LLC
Saint Louis, MO
Know Ink, LLC | Saint Louis, MO
Job Description. Job Description. Job Description. Intermediate .NET Developer. Job Description. We are looking for a .Net developer to build software usin... more
8 Days Ago
Know Ink, LLC
Saint Louis, MO
Know Ink, LLC | Saint Louis, MO
Job Description. Job Description. KNOWiNK. Mid-Level Ruby Developer. St. Louis, MO | Hybrid (3 days in office / 2 days remote) | Full-Time. About KNOWiNK. ... more
9 Days Ago
System One
Saint Louis, MO
System One | Saint Louis, MO
Job Description. Job Description. Job Title. Cyber Security Engineer. Location. St. Louis, MO. Work Model. Onsite. Position Type. 6 Month Contract to Hire.... more
10 Days Ago
Priority Talent Partners
Chesterfield, MO
Priority Talent Partners | Chesterfield, MO
Job Description. Job Description. Aboutthe. CompanyFeatherShark. is a Managed IT Services provider focusing on serving Fire and EMS Agencies in the Midwest... more
10 Days Ago
RTM Engineering Consultants, LLC
Saint Louis, MO
RTM Engineering Consultants, LLC | Saint Louis, MO
Job Description. Job Description. Position: Electrical Engineer III. Location: Lakewood, CO / Avon, CO / Belleville, IL / Evansville, IN / St. Louis, MO / ... more
11 Days Ago
Thermo Fisher Scientific
St. Louis, MO
Thermo Fisher Scientific | St. Louis, MO
This job is with Thermo Fisher Scientific, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. P... more
7 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
