How much does an Industrial Engineer V make in the United States? The average Industrial Engineer V salary in the United States is $153,566 as of May 28, 2024, but the range typically falls between $139,355 and $168,730. 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 online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Industrial Engineer V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Industrial Engineer V Salary $126,417 US May 28, 2024
25th Percentile Industrial Engineer V Salary $139,355 US May 28, 2024
50th Percentile Industrial Engineer V Salary $153,566 US May 28, 2024
75th Percentile Industrial Engineer V Salary $168,730 US May 28, 2024
90th Percentile Industrial Engineer V Salary $182,537 US May 28, 2024
25% $139,355 10% $126,417 90% $182,537 75% $168,730 $153,566 50%(Median) Didn’t find job title? Click
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What skills does an Industrial Engineer V need?

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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Lean Manufacturing: Lean manufacturing or lean production is a systematic method originating in the Japanese manufacturing industry for the minimization of waste (無駄, muda) within a manufacturing system without sacrificing productivity, which can cause problems. Lean also takes into account waste created through overburden (無理, muri) and unevenness in work loads (斑, mura). Working from the perspective of the client who consumes a product or service, "value" is any action or process that a customer would be willing to pay for.[citation needed] Lean manufacturing attempts to make obvious what adds value, through reducing everything else (because it is not adding value). This management philosophy is derived mostly from the Toyota Production System (TPS) and identified as "lean" only in the 1990s.[page needed], TPS is renowned for its focus on reduction of the original Toyota seven wastes to improve overall customer value, but there are varying perspectives on how this is best achieved. The steady growth of Toyota, from a small company to the world's largest automaker, has focused attention on how it has achieved this success.

3.

Production Schedule: Is a project plan of how the production budget will be spent over a given timescale, for every phase of a business project.

Analysis 7.78%
Lean Manufacturing 2.33%
Production Schedule 1.09%
Others 88.8%
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Job Description for Industrial Engineer V

Industrial Engineer V designs equipment or machine layout to coordinate activities and production planning to ensure products meet quality standards while minimizing production problems and costs. Develops and maintains manufacturing routes for maximizing space, efficiency, and effectiveness. Being an Industrial Engineer V ensures compliance with industry safety and design standards and guidelines. Typically requires a bachelor's degree of engineering. Additionally, Industrial Engineer V typically reports to a manager. The Industrial Engineer V works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Works autonomously. Goals are generally communicated in solution or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. To be an Industrial Engineer V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Industrial Engineer V

Career Path for Industrial Engineer V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Industrial Engineer V, the first career path typically progresses to Industrial Engineering Manager.

Those that have already made the climb...
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Fiscal Year Ended in 2022
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Industrial Engineer V salary varies from city to city. Compared with national average salary of Industrial Engineer V, the highest Industrial Engineer V salary is in San Francisco, CA, where the Industrial Engineer V salary is 25.0% above. The lowest Industrial Engineer V salary is in Miami, FL, where the Industrial Engineer V salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Industrial Engineer V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
139355
168730
153566

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
143115
181131
161055
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Industrial Engineer V in the United States. The base salary for Industrial Engineer V ranges from $139,355 to $168,730 with the average base salary of $153,566. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $143,115 to $181,131 with the average total cash compensation of $161,055.
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139355
168730

 

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Skills associated with Industrial Engineer V: Process Engineering, Lean Manufacturing, Safety Best Practices, Production Engineering ...More

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Industrial Engineer V Salary in United States
Industrial Engineer V Salary Graph, Regional Distribution and Summary