As of December 01, 2024, the average annual pay of Tool Design Engineer V in Orland Park, IL is $159,332. While Salary.com is seeing that Tool Design Engineer V salary in Orland Park, IL can go up to $198,815 or down to $118,819, but most earn between $138,126 and $179,999. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Tool Design Engineer V in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $176,297 | $14,691 | $3,390 | $85 |
| Average | $156,055 | $13,005 | $3,001 | $75 |
| 25th Percentile | $135,285 | $11,274 | $2,602 | $65 |
An entry-level Tool Design Engineer V with under 1 year experience makes about $150,039. With less than 2 years of experience, a mid-level Tool Design Engineer V makes around $151,614. After 2-4 years, the Tool Design Engineer V pay rises to about $153,189. Those senior Tool Design Engineer V with 5-8 years of experience earn roughly $155,394, and those Tool Design Engineer V having 8 years or more experience are expected to earn about $160,079 on average.
| Levels | Salary |
|---|---|
| Entry Level Tool Design Engineer V | $150,039 |
| Intermediate Level Tool Design Engineer V | $151,614 |
| Senior Level Tool Design Engineer V | $153,189 |
| Specialist Level Tool Design Engineer V | $155,394 |
| Expert Level Tool Design Engineer V | $160,079 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 0% |
| Experienced | 3% |
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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.
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| Skill | Salary | Demand |
|---|---|---|
|
Verbal Communication
|
$178,451 |
12%
|
|
New Product Introduction
|
$176,858 |
11%
|
|
Root Cause Analysis
|
$176,858 |
11%
|
|
OEM
|
$168,892 |
6%
|
|
Innovation
|
$167,298 |
5%
|
|
Attention to Detail
|
$165,705 |
4%
|
