As of March 01, 2025, the average annual salary for an Electrical Engineer IV in Fishers, IN is $130,780. Salary.com reports that pay typically ranges from $120,520 to $141,407, with most professionals earning between $111,179 and $151,083.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $153,038 | $12,753 | $2,943 | $74 |
| Average | $141,537 | $11,795 | $2,722 | $68 |
| 25th Percentile | $130,433 | $10,869 | $2,508 | $63 |
An entry-level Electrical Engineer IV with under 1 year experience makes about $123,837. With less than 2 years of experience, a mid-level Electrical Engineer IV makes around $124,593. After 2-4 years, the Electrical Engineer IV pay rises to about $125,348. Those senior Electrical Engineer IV with 5-8 years of experience earn roughly $128,070, and those Electrical Engineer IV having 8 years or more experience are expected to earn about $133,357 on average.
| Levels | Salary |
|---|---|
| Entry Level Electrical Engineer IV | $123,837 |
| Intermediate Level Electrical Engineer IV | $124,593 |
| Senior Level Electrical Engineer IV | $125,348 |
| Specialist Level Electrical Engineer IV | $128,070 |
| Expert Level Electrical Engineer IV | $133,357 |
| Entry Level | 13% |
| Mid Level | 12% |
| Senior Level | 11% |
| Top Level | 10% |
| Experienced | 6% |
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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.
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.
CAD: Computer-aided design is the use of computers to aid in the creation, modification, analysis, or optimization of a design. This software is used to increase the productivity of the designer
| Skill | Salary | Demand |
|---|---|---|
|
Prototyping
|
$138,627 |
6%
|
|
Verbal Communication
|
$136,011 |
4%
|
|
Circuit Design
|
$136,011 |
4%
|
|
Renewable Energy
|
$136,011 |
4%
|
|
Product Development
|
$136,011 |
4%
|
|
Innovation
|
$134,703 |
3%
|
