Salvage Engineering Technologist Salary

SALARY JOB OUTLOOK AUTOMATION RISK

Average Salvage Engineering Technologist Base Salary in the United States

Average Base Salary

$88,815 Per Year

Salary Range: $36,526 to $260,833

Salvage Engineering Technologist Salary

$36,526

10%

$46,843

25% 

$ 88,815

AVERAGE

$194,126

75%  

$260,833

90%  

How Much Does a Salvage Engineering Technologist Make Per Year in the United States?

The national average salary for a  Salvage Engineering Technologist is $88,815 per year in the United States. It can vary depending on the employer and the skills required for that position, but generally, it will be about $88,815 or more annually for a gross salary. Taxes impact salaries, so to get the net salary we’ve crunched the data and gotten the tax information on what the take-home pay would be after the effective income tax rates. 

Jobs That are Similar to a Salvage Engineering Technologist

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What is the salary range of a Salvage Engineering Technologist?

Salvage Engineering Technologist salaries vary depending on the company you work for, your experience level, industry, education, and years of experience. The average annual salary is around $88,815 but a Salvage Engineering Technologist can earn a base salary anywhere from $36,526 to $260,833 per year with some companies paying more than others.

Pay ranges on average for a Salvage Engineering Technologist job title only vary a good amount, which may mean that there are many opportunities to earn more income in the future regardless of the employers or your location, industry, and experience.

A salary range that varies also means there is ability to move up within the company, as there may be as many opportunities for advancement or to change your job title. This opportunity for  advancement can help with can increase their job satisfaction and motivation.

What are the Highest Salaries for a Salvage Engineering Technologist?

The highest Salvage Engineering Technologist salaries in the top 10% earn more than $260,833 per year. The salary range for the top 75% – 90% is between and $194,126 and $260,833 annually.

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What are the Lowest Salaries for a Salvage Engineering Technologist?

The lowest Salvage Engineering Technologist salaries are in the bottom 10% of earners who make less than $36,526 per year. The salary range for the lowest 10% – 25% is between $36,526 and $46,843 annually.   

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What is a Good Salary for a Salvage Engineering Technologist?

If we only look at the data for Salvage Engineering Technologist salaries and we don’t compare it to any other jobs, a good salary for a Salvage Engineering Technologist job would be over $88,815 per year. This is the average salary for this position in the United States. An excellent pay for a Salvage Engineering Technologist would be anything over the top 75%, which is $194,126 annually.

How Can I Increase My Salary as a Salvage Engineering Technologist?

There are a few ways you can increase your average salary for a profession as a Salvage Engineering Technologist. One way is to get promoted to a higher level and take on more duties within your employer. Another way is to gain more experience and skills in your career. You can also try negotiating higher compensation next performance review, when you are up for renewal or starting a new contract with a business.

Finally, you can look for a new job at a different employer that pays more. One thing not to overlook is companies often give their employees incentives and benefits outside of salaries. The total compensation, like healthcare, paid vacation days, 401k matches, bonuses, overtime, professional development, a career path in the company, and other benefits, need to be considered, which can add up to a lot more money than just a salary increase.

What are the Top Paying Industries for a Salvage Engineering Technologist?

The top paying industries for a Salvage Engineering Technologist job vary depending on the position’s specific responsibilities, employers, and qualifications. However, some common reported high-paying industries for include the following:

  • Professional, Scientific, and Technical Services
  • Federal, State, and Local Government
  • Manufacturing
  • Federal Government
  • Architectural, Engineering, and Related Services
  • Finance and Insurance

Related Jobs For a Salvage Engineering Technologist

Marine Engineering Technologist

Ordnance Engineering Technologist

Nuclear Engineering Technologist

Salvage Engineering Technician

Materials Engineering Technologist 

Optical Engineering Technologist

Chemical Engineering Technologist

Metallurgical Engineering Technologist 

Does a Salvage Engineering Technologist Have a Good Quality of Life?

Based on an average 2-bedroom apartment rental price, a Salvage Engineering Technologist would pay 15.63% of their monthly take-home pay towards rent. That’s $1,310 per month or $15,720 yearly for a two-bedroom apartment.

The rent is less than 30% of the monthly take-home pay for an Salvage Engineering Technologist, which can helps lessen a financial burden and impact their quality of life.

This is because a high rent-to-income ratio would leave less money each month for other expenses, such as food, transportation, recreation, and activities. It can lead to financial stress, impacting overall job satisfaction and motivation.

Considering the cost of living in a city when considering whether to accept a job offer is essential. If the cost of living is too high, it might not be worth it, even if the salary is good.

Does a Salvage Engineering Technologist make good money?

 In general, a Salvage Engineering Technologist can make a good salary. The national average salary is $52,632 annually which is less than the average Salvage Engineering Technologist salary, meaning most earn a livable wage. According to data and labor statistics from the Bureau of Labor Statistics, the average Salvage Engineering Technologist pay is above the median salary.

However, salaries can vary depending on the company you work for, what you are responsible for, education, college degree, work experience, job market, and your experience level. The highest-paid can earn upwards of 260,833 per year, while the lowest-paid income is less than 36,526 annually.

If you want to maximize your earnings as a Salvage Engineering Technologist, take on more responsibility, and gain more experience in related skills. Also, build interpersonal skills and strong leadership skills, get a certification in your field and then negotiate for a higher salary next performance review, when you are up for renewal or starting a new contract with a business.

The best thing you can do is develop yourself and gain knowledge. Many courses, additional training, and professional development opportunities in your area can help increase your skills and development in your job or related field.

You can also get your resume reviewed and look for a new employer that will hire and pay more or look for a career change that is hiring and may interest you more.

Salaries are also relative to the cost of living in different parts of the country. For example, the compensation for a Salvage Engineering Technologist will need to be higher if it is in or closer to larger cities like New York City or some states like California. The increase in pay in these areas is because of the higher than average cost of living and more interested applicants for employment versus someone living in a small town. With the cost of housing increasing and medical care premium costs, it is essential to ensure you are getting paid what you are worth.

How do I know I’m being paid fairly as a Salvage Engineering Technologist?

The easiest way is to see how close your current salary is to the average pay for your position in your state and city. If your income is below the estimated average wage in your area, you can try to negotiate for a raise.

You can use our research and tools to discover the average salary for a Salvage Engineering Technologist in your city or region to see if you are being compensated fairly. You may also compare your income to similar jobs and careers to determine whether you are underpaid or overpaid. Lastly, you can set up job alerts to see how the job market trends.

A few other ways you can research whether you’re being paid fairly as a Salvage Engineering Technologist is to do a job search to look at job postings for similar positions and see the estimate for the listed salary range. You can also talk to people in your network who have similar jobs and ask them what they earn. Finally, you can try negotiating a higher pay when you are up for renewal, having a performance evaluation, or starting a new contract.

What Factors Determine the Salary of a Salvage Engineering Technologist?

The money a Salvage Engineering Technologist can make each year greatly depends on a few components that determine an average base salary.

The company you work for is one of the main factors that affect how much a Salvage Engineering Technologist earns.

The compensation will also depend on the location, as some states and cities have a higher cost of living than others. Other factors that affect compensation are the number of hours worked, company size, job type, level of experience in your career, and location.

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