How much does a Tool Design Engineer IV make in the United States? The average Tool Design Engineer IV salary in the United States is $108,519 as of April 26, 2022, but the range typically falls between $99,125 and $130,654. 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.
Tool Design Engineer IV designs a wide variety of tools consistent with standard tool configuration, including cutting and forming tools. Studies blueprints and determines tool specifications and requirements by interfacing with manufacturing staff to determine the best design for the tool. Being a Tool Design Engineer IV performs calculations to determine exact dimensions, materials required and cost of the tools. Works with engineering to identify problems with performance or tool life and recommends solutions or enhancements. Additionally, Tool Design Engineer IV may submit bids to purchase tools as a cost saving alternative. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Tool Design Engineer IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Tool Design Engineer IV typically requires 7+ years of related experience. (Copyright 2022 Salary.com)... View full job description
Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, and mining and minerals markets in the United States, Canada, and internationally. The company's Electrical Infrastructure segment o... More
MATRIX SERVICE CO
Fiscal Year Ended in 2021
What does a Tool Design Engineer IV do?
Tool Design Engineer IV in Beaumont, TX
Lead weekly peer’s meeting to review status of every tool and converse on issues.
February 01, 2020
Tool Design Engineer IV in Monterey, CA
This tooling design engineer resume is designed to assist you in resume writing process.
January 23, 2020
Tool Design Engineer IV in Alexandria, LA
In this role, you will be creating new tooling designs for brand new projects, and developing tooling for current projects.
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Tool Design Engineer IV in the United States. The base salary for Tool Design Engineer IV ranges from $99,125 to $130,654 with the average base salary of $108,519. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $100,649 to $134,114 with the average total cash compensation of $114,218.