The Mechanical Project Engineer salary that you receive will depend upon the type of work that you do. Basically, there are two types of jobs that an MPE can choose to perform, and they include:
There are many different job opportunities that an MPE can find in the engineering field. The type of engineering that an MPE works in will depend on what type of engineering job he or she is trying to find. The following list explains the various engineering jobs that an MPE might be interested in:
These types of projects involve the design and manufacture of mechanical engineering products, which include pumps, generators, valves, cutting tools, and more. The amount of time that an MPE will take to complete a project will also depend upon the complexity of the task that he is being assigned. Typically, an MPE will be given a time frame to complete a project in which he or she must show that he or she has successfully designed and engineered a new product. Projects that are extremely complex, such as high-tech equipment or automobiles, could take up to a year to complete.
Once an MPE graduates and begins working, he or she will take on many different jobs that relate to the mechanical engineering field. Generally, an MPE will start out at a smaller company, working his or her way up through the ranks. As one progresses in the career, his or her pay level typically increases each year. In some cases, pay levels may even fluctuate between different companies.
The cost of an engineering job is usually determined by the size of the company that it is working for, the budget that it has available, the location of the company, and many other factors. However, no matter where an engineer works, their salary usually follows the same trend. The overall salary for an MPE will always be among the top performers within his or her industry.
An MPE must be very detail oriented and able to work under stressful conditions. Many mechanical project engineers spend much of their time in the lab, doing drawings and testing. Since these types of projects often take several months to complete, they can require an engineer to stay on top of deadlines and keep his or her skills sharp.
Another key factor that contributes to an MPE's salary is his or her experience level. In today's market, engineers often have to possess a broad range of technical skills. Mechanical engineers with years of experience will command higher salaries than those with just a decade or two of experience. This is because experienced engineers are less likely to be laid off from their current job.
Other contributing factors to an MPE's salary include type of facility that he or she works in. Some engineers choose to work in factories and other heavy industrial facilities where pay is typically higher. The average wage for MPEs working in factories is close to $50 per hour. However, the wages of mechanical project engineers working in residential areas are usually lower because these professionals are not exposed to the same amount of heavy duty machinery as their counterparts in factories. A mechanical engineer can expect his or her hourly wage to increase when more complex tasks are added to a project. For example, if he or she starts designing a new machine, the salary will most likely increase.
Aside, from the usual factors affecting salary of an engineer, his or her professional experience also affects his or her pay. An MPE who has been on a number of projects is more likely to earn more than an individual who has not made a lot of mechanical engineering jobs. One of the reasons behind this factor is the fact that an MPE has to keep up with technological advances especially when it comes to designing and building machinery. Therefore, even an existing mechanical project engineer will be able to earn more in the future.
It must be noted that although an MPE's salary depends on his or her experiences, there are also factors that affect an individual's salary. As an individual gets older, he or she becomes less susceptible to diseases or accidents. Thus, older individuals are usually given a higher starting salary than younger individuals. It is important to consider this factor when looking for the best mechanical project engineer salary.
In addition to these factors, an MPE may also receive performance bonuses. This is often given to employees who reach a certain level of expertise in their chosen fields. When discussing the topic of the mechanical engineer salary, bonuses are considered as another contributing factor. This is often seen in industries where the employees have a wide range of experience in their field. If you are planning to apply for a job as an MPE, it is important to understand the exact responsibilities of the job.