How much does a Tool Design Engineer V make in Loveland, CO? The average Tool Design Engineer V salary in Loveland, CO is $111,234 as of January 20, 2020, but the range typically falls between $101,083 and $135,988. 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 V 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 V 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 V may submit bids to purchase tools as a cost saving alternative. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Tool Design 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 a Tool Design Engineer V typically requires 10+ years of related experience. (Copyright 2020 Salary.com)
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Fiscal Year Ended in 2018
What does a Tool Design Engineer V do?
Tool Design Engineer V in Baltimore, MD
Develop and perform competitive assessments and analyses.
August 01, 2019
Act as the ôthought leaderö for the business regarding tool and packaging design.
August 02, 2019
Design, prototype, and test application tool and packaging designs.
Loveland is the Home Rule Municipality that is the second most populous municipality in Larimer County, Colorado, United States. Loveland is situated 46 miles (74 km) north of the Colorado State Capitol in Denver. Loveland is the 14th most populous city in Colorado. The United States Census Bureau estimated that in 2014 the population of the city was 72,651. The city forms part of the Fort Collins-Loveland Metropolitan Statistical Area and the Front Range Urban Corridor. The city's public schools are part of the Thompson R2-J School District....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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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 V in Loveland, CO. The base salary for Tool Design Engineer V ranges from $101,083 to $135,988 with the average base salary of $111,234. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $106,274 to $137,465 with the average total cash compensation of $118,806.