Tool Design Engineer IV Salary in the United States

Tool Design Engineer IV Salary

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 $106,085 as of April 27, 2021, but the range typically falls between $96,902 and $127,723. 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. 

Salary Salary + Bonus Benefits How To Become
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25% $96,902 10% $88,542 90% $147,424 75% $127,723 $106,085 50%(Median)

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Job Description for Tool Design Engineer IV

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 2021 Salary.com)... View full job description

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Job Openings for Tool Design Engineer IV
Those that have already made the climb...
Timothy R. Estes, Executive Vice President and Chief Operating Officer
DYCOM INDUSTRIES INC
Dycom Industries, Inc. provides specialty contracting services in the United States. The company offers various specialty contracting services, including program management, engineering, construction, maintenance, and installation services, such as placement and splicing of fiber, copper, and coaxial cables to telecomm... More
Fiscal Year Ended in 2020
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Tool Design Engineer IV Pay Difference by Location

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
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
96902
127723
106085

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
98399
131103
111659
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 $96,902 to $127,723 with the average base salary of $106,085. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $98,399 to $131,103 with the average total cash compensation of $111,659.
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96902
127723

 

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Skills associated with Tool Design Engineer IV: Workflow Optimization, Integrity Engineering, As-Is Process, Production Engineering ...More

Salary estimation for Tool Design Engineer IV at companies like : BRIGHT HORIZONS FAMILY SOLUTIONS INC., DYCOM INDUSTRIES INC, EMCOR Group, Inc.