Salary by Education Level
What the Data Shows
For Mechanical Engineers positions, filings requiring a Master's degree carried an average declared salary of $97,159 versus $94,039 for those requiring a Bachelor's - a premium of +3.3%. Across all certified filings with a stated education level, 49.3% accepted a Bachelor's degree as the minimum requirement.
Education vs Salary
| Education Level | Average Salary | Filings | % of Total |
|---|---|---|---|
| Doctorate | $111,050 | 99 | 1.5% |
| Master's | $97,159 | 3,170 | 46.9% |
| None | $94,906 | 70 | 1% |
| Bachelor's | $94,039 | 3,328 | 49.3% |
| High School | $85,497 | 23 | 0.3% |
| Associate's | $81,861 | 29 | 0.4% |
| Other | $81,652 | 35 | 0.5% |
Education by Top Employer
| Employer | Most Common Minimum | % Bachelor's | % Master's | Median Salary |
|---|---|---|---|---|
| Cummins Inc. | Master's | 10.6% | 88.3% | $69,659 |
| Altair ProductDesign, Inc. | Master's | 13.9% | 84.3% | $83,200 |
| General Motors | Bachelor's | 62.5% | 34.2% | $96,602 |
| Tech Mahindra (Americas) Inc. | N/A | N/A | N/A | $73,861 |
| Cyient, Inc | Bachelor's | 78.6% | 21.4% | $63,814 |
| Engineering Technology Associates | Master's | 30.6% | 69.4% | $68,000 |
| HCL America INC | Master's | 22.4% | 75.9% | $79,102 |
| L&T Technology Services LLC | Bachelor's | 71.4% | 28.6% | $71,406 |
| Tesla, Inc. | Bachelor's | 72.6% | 20.5% | $105,000 |
| Caterpillar Inc | Master's | 17.9% | 79.5% | $91,176 |
| FCA Corp | Bachelor's | 54.8% | 43.5% | $97,356 |
| Ford Motor Company | Master's | 33.1% | 62.2% | $82,618 |
| Apple Inc. | Master's | 27.6% | 68.4% | $125,944 |
| TESLA MOTORS | N/A | N/A | N/A | $91,492 |
| Onward Technologies Inc | Bachelor's | 64.7% | 35.3% | $62,650 |
| Geometric Americas, Inc. | Bachelor's | 60% | 40% | $69,326 |
| Detroit Engineered Products, Inc. | Master's | 7.7% | 89.7% | $75,000 |
| SATYAM-VENTURE ENGINEERING SERVICES PVT. LTD | N/A | N/A | N/A | $67,725 |
| INFOTECH ENTERPRISES AMERICA INC | N/A | N/A | N/A | $61,381 |
| CRESTTEK LLC | Bachelor's | 59.1% | 22.7% | $75,000 |