10 Highest Paying Countries for Electrical Engineers: Top Companies & Avg Salary

Career
04 Jul 2024
13 mins read
Written by pranit

The highest-paying countries for electrical engineers are Switzerland, the USA, Denmark, Norway, Germany, Canada, Australia, Belgium, the Netherlands and Sweden.

 

These countries offer dynamic and rewarding career opportunities for professional growth and development. 

 

With the ever-evolving technological and infrastructural developments across sectors, the demand for skilled electrical engineers has surged in recent years. Companies are focusing on attracting the best and most experienced electrical engineers to match this demand and gain a competitive advantage. Aspiring candidates can seek the best electrical engineering jobs abroad by acquiring the right educational qualifications and staying up-to-date with the latest trends. 

 

Here is a brief list of top countries offering competitive salaries to help you make a well-informed decision.

Did you know?

  • According to the U.S Bureau of Labor Statistics, the employment of electrical and electronics engineers is projected to grow at 5% from 2022-2032, which is faster than the average for all occupations[1].
  • Between 2022 and 2031, Canada is expected to see 12,600 new job openings for electrical and electronics engineers. This is due to the expansion and replacement needs in Canada. Also, approximately 13,700 new job seekers will be available to fill these opportunities[2]. 

Overview: 10 Highest Paying Countries for Electrical Engineers

 

Country

Top Companies

Top Cities

Average Annual Base Salary Range for Electrical Engineers

Single Person Estimated Cost of Living

Switzerland

ABB Asea Brown Boveri Ltd

TE Connectivity Ltd

Dormakaba Schweiz AG

Zurich

Schaffhausen

Wetzikon

Average: CHF 90,700

Low: CHF 50,000

High: CHF 1,25,000

CHF 1,477.2

(USD 1,670)

United States of America

Boeing

Lockheed Martin

Northrop Grumman

L3Harris

Honeywell

New York City

Melbourne

Los Angeles

Dallas

Washington

Average: USD 84,181

Low: USD 65,000

High: USD 1,24,000

USD 1,169

Denmark

Ballard Power Systems Inc.

Schneider Electric

Hunter Philips

Stratasys.Inc

Andritz AG

Copenhagen

Hobro

Kolding

Esbjerg

Average: DKK 486,036

Low: DKK 45,000

High: DKK 6,21,000

DKK 8,067.8

(USD 1,162.8)

Norway

H&MV Engineering

Sigma Energy & Marine AB

KPCM AS

AXTech

BjellCon

Oslo

Stavanger

Tonsberg

Molde

Hafrsfjord

Average: NOK 616,392

Low: NOK 91,000

High: NOK 9,47,000

NOK 12,838.9

(USD 1,216.5)

Germany

Siemens

Amazon Web Services

Siemens Energy

Onsemi

Tesla

Munich

Aschheim

Erlangen

Berlin

Average: EUR 53,296

Low: EUR 39,000

High: EUR 79,000

EUR 979

(USD 1,051.1)

Canada

Phoenix Energy Services

AltaSteel

Fluor

BBA

Klohn Crippen Nerger

Edmonton

Calgary

Mont-Saint-Hilaire

Vancouver

Average: CAD 75,757

Low: CAD 56,000

High: CAD 1,09,000

CAD 1,446.10 (USD 1,052.2)

Australia

Aurecon

Downer

WSP

BHP

Worley

Melbourne

Perth

Sydney

Gladesville

Brisbane

Average: AUD 80,638

Low: AUD 60,000

High: AUD 1,26,000

AUD 1668.3

(USD 1,105.5)

Belgium

Siemens

Schneider Electric

Thales

Atlas Copco

Cochlear

Mechelen

Antwerp

Brussels

Uccle

Average: EUR  43,655

Low: EUR 29,000

High: EUR 69,000

EUR 926.3

(USD 992.9)

Netherlands

Siemens

ASML

Worley

Fluor

Philips

Amsterdam

Eindhoven

The Hague

Veldhoven

Average: EUR 43,548

Low: EUR 31,000

High: EUR 67,000

EUR 956.9

(USD 1,027.3)

Sweden

Northvolt

Vestas Wind Systems

Siri AB

Ericsson-Worldwide

ABB

Taby

Stockholm

Goteborg

Malmo

Average: SEK 4,51,236

Low: SEK 12,000

High: SEK 5,94,000

SEK 10,182.3

(USD 970.5)

 

Source

Salaries: https://payscale.com

Cost of Living: https://www.numbeo.com/cost-of-living/

 

Note: 

The cost of living includes average transportation costs and basic amenities like food and grocery bills, excluding rent.

10 Highest Paying Countries for Electrical Engineers

 
1. Switzerland – Avg Salary (CHF 90,700)

Switzerland is one of the highest-paying countries for electrical engineers. The country’s strong economy and advanced technological development have helped companies establish their business and succeed in their initiatives.

 

It is home to some of the top electrical companies in the world and offers competitive salaries and better career prospects. In addition, the multicultural environment and a high standard of living make Switzerland an appealing place to work and live.

 

The average electrical engineer’s salary based on experience is:

  • Entry-level – As a fresher, an electrical engineer with less than one year of experience can earn CHF 80,519 annually.
  • Experienced professionals – Electrical engineers with 10+ years of experience can earn CHF 1,02,409 annually.
 
2. United States of America – Avg Salary (USD 84,181)

The United States of America is one of the best countries for electrical engineers. The demand for skilled engineers is expected to increase over the next decade.

 

About 17,800 new job openings for electrical and electronics engineers are anticipated, on average, every year over 2022-2032. These job openings are based on replacing workers who transfer to other occupations or retire. 

 

The average electrical engineer’s salary based on experience is:

  • Entry-level – An electrical engineer with less than one year of experience in the United States can earn USD 72,904 annually.
  • Experienced professionals – Electrical engineers holding senior positions with 10+ years of experience can earn USD 1,08,549 per year.

 

Also read: How to get a job in the USA.

 
3. Denmark – Avg Salary (DKK 486,036)

Denmark has become a promising destination for immigrants seeking jobs abroad. The demand for electrical engineers is predominantly high and experienced, majorly in electronics, telecoms, oil and gas production units and armed forces.

 

The government has made it widely accessible and easy for aspiring electrical engineers to move, settle and work in Denmark.

 

The country also ensures a comfortable working culture, making it easier for electrical engineers to balance work and personal life while enjoying a high standard of living. The average electrical engineer’s salary based on experience is:

  • Entry-level – An electrical engineer in Denmark with 1-4 years in Denmark can earn DKK 462,241 annually. 
  • Experienced professionals – An electrical engineer in Denmark with 10+ years of experience can earn approximately DKK 596,097 annually.
 
4. Norway – Avg Salary (NOK 616,392)

Electrical engineers aspiring to pursue a career in Norway can experience a high standard of living and a good work-life balance, making it a perfect destination for personal and professional growth.

 

Technological and infrastructural developments have increased the scope of job opportunities for electrical engineers. The country’s strong economy, secure environment and supportive workplace initiatives enhance job satisfaction and career stability. 

 

The average electrical engineer’s salary based on experience is:

  • Entry-level – An early career in Norway as an electrical engineer with 1 to 4 years of experience can earn NOK 598,203 annually.
  • Experienced professionals – An electrical engineer with 10+ years of experience in Norway can earn NOK 800,000 annually.
 
5. Germany – Avg Salary (EUR 53,296)

Germany is one of the most preferred destinations for international job opportunities for electrical engineers. It offers an excellent work-life balance, affordable cost of living and a vibrant lifestyle.

 

Germany is home to some of the world’s renowned car manufacturers. As the era of automotive development evolves, the country has seen companies extensively invest in research and development. This has created numerous and wide-ranging job opportunities for electrical engineers to live and work in Germany.

 

The average electrical engineer’s salary based on experience is:

  • Entry-level – Freshers seeking entry-level positions can earn EUR 46,977 annually.
  • Experienced professionals – Electrical engineers holding senior positions with 10+ years of experience can earn EUR 67,221 per year.

 

Also read: How to get a job in Germany.

 
6. Canada – Avg Salary (CAD 75,757)

Canada is a sought-after destination for electrical engineers for two main reasons. The high demand for job opportunities in various sectors extends multiple pathways for aspiring engineers across the globe to migrate, work and settle in Canada.

 

Canada has some of the most well-established companies in the world, offering an array of job opportunities for electrical engineers. With the required educational background, skills and experience, aspiring engineers can strike the best opportunities to learn and earn better. 

 

The average electrical engineer’s salary based on experience is:

  • Entry-level – An electrical engineer in Canada with less than one year of experience can earn CAD 61,484 annually.
  • Experienced professionals – An electrical engineer in Canada with 10+ years of experience can earn CAD 98,345 annually.

 

Also Read: 5 Steps to Get a Job in Canada.

 
7. Australia – Avg Salary (AUD 80,638)

Australia is experiencing a high demand for electrical engineers. The expanding economy and infrastructural and technological developments have led to the need for skilled professionals in every field, and electrical engineering is no exception.

 

Aspiring and skilled electrical engineers must get a Skills Assessment report from an Australian regulatory body and proceed to generate the Expression of Interest (EOI) profile. Upon acceptance based on these supporting documents, they can apply for an Australian PR Visa to settle, work and live. 

 

The average electrical engineer’s salary based on experience is:

  • Entry-level – Electrical engineers with less than one year’s experience in Australia can earn AUD 65,347 annually.
  • Experienced professionals – Individuals with 10+ years of experience in Australia can earn AUD 1,18,879 annually.

 

Also read: How to get a job in Australia.

 
8. Belgium – Avg Salary (EUR 43,548)

Belgium is popular for international employees due to its thriving economy, competitive job market, and extensive social security benefits. It hosts leading companies in the electrical and electronics industry, offering numerous job opportunities and long-term career growth.

 

The average electrical engineer’s salary based on experience is:

  • Entry-level – An entry-level electrical engineer with less than one year of experience can earn EUR 39,992 annually. 
  • Experienced professionals – An experienced electrical engineer in Belgium with 10+ years of experience can earn EUR 55,000 annually.
 
9. Netherlands – Avg Salary (EUR 43,655)

With the advancement of technology, electrical engineers play a significant role in shaping the future of diverse industries, including automation, renewable energy, telecommunications, and more. It is especially relevant in a thriving economy such as the Netherlands.

 

Working as an electrical engineer in the Netherlands offers various a wide array of benefits, such as a competitive salary, access to cutting-edge technologies and a supportive work environment featuring career growth opportunities.

 

The average electrical engineer’s salary based on experience is:

  • Entry-level – Electrical engineers in the Netherlands with less than one year of experience can earn EUR 33,944 annually. 
  • Experienced professionals – Electrical engineers holding senior positions can earn EUR 62,423 annually.
 
10. Sweden – Avg Salary (SEK 451,236)

Sweden has been evolving as a strong economy with innovation and technological advancements in every sector, especially in automotive, sustainable energy and telecommunications. 

 

Companies in these sectors offer various job opportunities for electrical engineers with competitive salaries and a healthy work-life balance. Aspiring engineers seeking a high quality of life in a clean and safe environment can settle in Sweden for professional and personal growth. 

 

The average electrical engineer’s salary based on experience is:

  • Entry-level – An electrical engineer with less than one year of experience can earn SEK 3,88,692 annually. 
  • Experienced professionals – An electrical engineer in Sweden with 10+ years of experience can earn approximately SEK 4,63,000 annually.

Country-wise Salary of Electrical Engineers around the World

Electrical Engineers Salary (in ~ USD) Annually

 

Country

Average Salary 

Salary (in ~ USD)

Switzerland

CHF 90,700

1,01,714

United States of America

USD 84,181

84,181.00

Denmark

DKK 486,036

69,839.48

Norway

NOK 616,392

58,512.24

Germany

EUR 53,296

57,121.69

Canada

CAD 75,757

55,383.89

Australia

AUD 80,638

53,728.69

Belgium

EUR 43,655

46,785.50

Netherlands

EUR 43,548

46,671.40

Sweden

SEK 451,236

42,979.77

 

Note: The above table depicts the average salaries for electrical engineers in the top 10 countries. All the currencies have been converted to USD (for creating graphs). 

 

Sources:

https://payscale.com

 

Conversion as of 19th June 2024 at 12:10 HRS IST.

 

Currency conversion source: https://www.forbes.com/advisor/in/money-transfer/currency-conversion-calculator/

Other Emerging Countries for Electrical Engineers

We have explored the average salaries of the highest-paying countries for electrical engineers. In addition to these countries, a few other countries offer lucrative options for aspiring engineers seeking electrical engineering jobs abroad.

  • UK
  • Singapore
  • Italy
  • New Zealand
  • Austria
  • Finland

Different types of Electrical Engineering jobs

 

Types of Electrical Engineering Jobs

Average Annual Salary (USD)

FPGA Engineer

141,267

Electrical Engineering Consultant

132,382

Senior Electrical Engineer

128,024

Robotics Engineer

116,994

RF Engineer

114,317

Instrumentation Engineer

109,504

Power Electronics Engineer

108,736

Control Systems Engineer

104,805

Electrical Design Engineer

102,777

Electrical Systems Engineer

98,515

Automation Engineer

98,433

Electrical Project Manager

95,418

Electrical Supervisor

93,117

Electrical Control Engineer

88,412

Electrical Test Engineer

87,760

 

Note: The above table illustrates the national average salary for the United States of America.

 

Source: https://www.indeed.com/career-advice/finding-a-job/high-paying-electrical-engineering-jobs

Finding Electrical Engineering Jobs Overseas: Do’s and Don’ts

Do’s
  • Research the job market to find countries with high demand and better earning potential for electrical engineers.
  • Connect with professionals and experts in this field through professional forums and social media platforms to understand the lifestyle, work-life balance, career prospects and job opportunities for electrical engineers worldwide.
  • If looking for a job in a non-English-speaking country, learn the local language to better communicate and integrate into the work environment.
  • Consider internships and advanced training opportunities to improve your profile and seek better, high-paying job options.
  • Connect with recruitment agencies to help you access the right opportunities for specialised roles in different sectors.
Don’ts
  • Don’t overlook cultural differences when planning long-term settlements. It’s important to fit into the local culture and feel comfortable at work.
  • Don’t neglect the cost of living specific to the country. Even if you secure a high-paying job, ensure that your salary adequately funds your financial needs and helps you achieve your long-term goals. 
  • Don’t plan for the visa application and work permit procedures at the last moment because compiling the necessary documents specific to the country’s requirements can take a lot of time.

Before you go

Electrical engineers have great opportunities and financial benefits at foreign destinations. However, choosing the right place that matches their preferences, capabilities, and future financial goals is crucial to making a wise decision. To find a highly-paid job, one must have the necessary educational qualifications, advanced skill sets, experience and interest to explore beyond. 

 

As electrical engineers plan to settle abroad, apart from focusing on formal job proceedings, visa applications, and work permits, a reliable money transfer platform is one of the most important aspects that require special consideration. 

 

Here is where a trusted money transfer platform such as Instarem gains importance. It is a secure platform that utilises some of the advanced technologies to extend a quick* and affordable@ means to transfer funds. The currency conversion allows you to easily determine the sender’s upfront cost and the amount received by the recipient.

 

So, download the Instarem App from App Store and Google Play now for a simple and easy money transfer at your convenience. 

FAQs 

Q. Which country pays the highest salary for electrical engineers?

Switzerland(Average Salary – CHF 90,700) has a higher demand for electrical engineers and pays the highest salary compared to other countries worldwide. Some of the other highest-paying countries are the USA(Average Salary – USD 84,181), Denmark(Average Salary – DKK 486,036), Norway(Average Salary – NOK 616,392) and Germany(Average Salary – EUR 53,296).

 

Q. Which field in electrical engineering is the highest paid?

The highest-paid engineer is an FPGA engineer(Average Salary – USD 1,41,267) who specialises in Field Programmable Gate Arrays. 

 

Q. What are the top 3 highest paying engineering jobs?

FPGA engineers (Average Salary – USD 1,41,267), Electrical Engineering Consultants (Average Salary – USD 1,32,382) and Senior Electrical Engineers (Average Salary – USD 1,28,024) are increasing in demand, and therefore highly paid compared to other profiles.

 

Q. Where do electrical engineers make the most money?

According to the U.S. Bureau of Labor Statistics, the top-paying industries for electrical engineers are Manufacturing and Reproducing Magnetic and Optical Media, Software Publishers, Computer and Peripheral Equipment Manufacturing, Oil and Gas Extraction and Other Pipeline Transportation in the United States. 

 

Q. What is the electrical engineers’ salary abroad per month?

The average monthly salary varies between the different countries. For example, it is CHF 7,558.33 in Switzerland and USD 7,015.08 in the USA.

 

Q. Which country is best for jobs for Indians to pursue electrical engineering careers?

Indians must evaluate various aspects, such as their preferences, cost of living,  and career goals, before moving to a different country. The highest-paying countries for electrical engineers are Switzerland(Average Salary – CHF 90,700), the USA(Average Salary – USD 84,181) and Denmark(Average Salary – DKK 486,036).

 

 

Other related blogs:

10 Highest Paying Countries for Psychologists

10 Highest Paying Countries for Pharmacists

Top 10 best countries for IT jobs for Indians

Top 10 Best countries for civil engineering jobs for Indians

10 Best Countries for Chartered Accountant Jobs

10 Best Countries for Software Engineers

10 Best Countries for Mechanical Engineers

 

Disclaimers:

This article is intended for informational purposes only. All details are accurate at the time of publishing. Instarem has no affiliation or relationship with the products or vendors mentioned.

*Fast meaning 75% of our transactions are completed in 15 minutes. Depending on the funding method.

@ When it comes to affordable exchange rates and fees, it’s worth noting that the cost will vary depending on how you choose to fund your transactions. Credit card funding and bank transfer fees can differ significantly. 

Note: Salary and cost of living are taken from different websites between 20th June 2024 and 21st June 2024 and are subject to change.

 

 

Citations:

About Instarem

Instarem stands at the forefront of international money transfer services, facilitating fast and secure transactions for both individuals and businesses. Our platform offers competitive exchange rates for popular currency pairs like USD to INR, SGD to INR, and AUD to INR. If you're looking to send money to India or transfer funds to any of 60+ global destinations, Instarem makes it easy for you. We are dedicated to simplifying cross-border payments, providing cutting-edge technology that support individuals and businesses alike in overcoming traditional fiscal barriers normally associated with banks. As a trusted and regulated brand under the umbrella of the Fintech Unicorn Nium Pte. Ltd., and its international subsidiaries, Instarem is your go-to for reliable global financial exchanges. Learn more about Instarem.

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