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

How much does a Tool Design Engineer V make at companies like MANHATTAN BRIDGE CAPITAL INC in the United States? The average salary for Tool Design Engineer V at companies like MANHATTAN BRIDGE CAPITAL INC in the United States is $116,399 as of April 27, 2020, but the range typically falls between $105,774 and $142,312. 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 V do at companies like MANHATTAN BRIDGE CAPITAL INC?

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)

See user submitted job responsibilities for Tool Design Engineer V.

Check out Tool Design Engineer V jobs in Virginia

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Leidos - Alexandria, VA

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Senior Systems Engineer

PPT Solutions, Inc. - Bluemont, VA

$105,774 Low Average $116,399 High $142,312

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

Average Base Salary

Core compensation

 
 
 
$105,774
$142,312
$116,399

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$111,212
$143,859
$124,328
These charts show the average base salary (core compensation), as well as the average total cash compensation for Tool Design Engineer V in companies like MANHATTAN BRIDGE CAPITAL INC in the United States. The base salary for Tool Design Engineer V in companies like MANHATTAN BRIDGE CAPITAL INC range from $105,774 to $142,312 with the average base salary of $116,399. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $111,212 to $143,859 with the average total cash compensation of $124,328.
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