MANHATTAN BRIDGE CAPITAL INC Tool Design Engineer IV Salary in the United States

How much does a Tool Design Engineer IV make at companies like MANHATTAN BRIDGE CAPITAL INC in the United States? The average salary for Tool Design Engineer IV at companies like MANHATTAN BRIDGE CAPITAL INC in the United States is $107,344 as of April 27, 2020, but the range typically falls between $98,082 and $129,234. 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.  View the Cost of Living in Major Cities

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What does a Tool Design Engineer IV do at companies like MANHATTAN BRIDGE CAPITAL INC?

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 2020 Salary.com)

See user submitted job responsibilities for Tool Design Engineer IV.

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$98,082 Low Average $107,344 High $129,234

Understand the total compensation opportunity for Tool Design Engineer IV at companies like MANHATTAN BRIDGE CAPITAL INC, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
$98,082
$129,234
$107,344

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$99,593
$132,666
$112,997
These charts show the average base salary (core compensation), as well as the average total cash compensation for Tool Design Engineer IV in companies like MANHATTAN BRIDGE CAPITAL INC in the United States. The base salary for Tool Design Engineer IV in companies like MANHATTAN BRIDGE CAPITAL INC range from $98,082 to $129,234 with the average base salary of $107,344. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $99,593 to $132,666 with the average total cash compensation of $112,997.
Job Openings for MANHATTAN BRIDGE CAPITAL INC Tool Design Engineer IV
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