In this article, we will look at the 5 highest paying countries for mechanical engineers. We have also discussed the top companies for mechanical engineers in another article. If you are interested in reading about that along with a more extensive list, head straight to the 16 Highest Paying Countries for Mechanical Engineers.
5. Australia
Average Salary: $88,876
With a shortage of approximately 35,000 skilled mechanical engineers, the demand for mechanical engineers in Australia is increasing. While the salaries are already high, The salaries increase even more with experience. Moreover, the profession enjoys prominence on the Medium & Long Term Strategic Skills List, paving the way for various visa pathways, including the coveted 189 and 190 subclasses leading to Australian citizenship. With a stable job market and low unemployment rates, a career as a mechanical engineer in Australia promises exceptional financial stability. Australia is one of the Best Countries To Work And Make The Most Amount of Money.
4. Denmark
Average Salary: $90,298
Denmark’s mechanical engineering sector gains momentum with Aqualand Industries opening an office in Aarhus to serve Scandinavia. The decision is to capitalize on the region’s flourishing outdoor leisure market. Aqualand’s expansion links seamlessly with Denmark’s reputation for innovation and technology. The decision also explains Denmark’s role as a key player in global mechanical engineering collaborations, driven by a growing demand for sophisticated solutions.
3. Luxembourg
Average Salary: $112,041
Luxembourg has a vibrant market for mechanical engineering professionals, with a plethora of opportunities in cutting-edge companies. For instance, ACTinBlack is looking for a mechanical engineer with a passion for design, overseeing products from conceptualization to final testing. Meanwhile, Ispace, inc. offers roles for Junior Mechanical Engineers, with expertise in metallic and composite structures. Paul Wurth, a prominent company, is hiring Mechanical Engineers to facilitate coordination between engineering departments. The Luxembourg Institute of Science and Technology also seeks a Senior Researcher specializing in interface engineering for polymer composite materials.
2. United States
Average Salary: $113,774
With a median annual pay of $96,310 and a typical entry requiring a bachelor’s degree, these professionals contribute to various industries. They have a dynamic work environment without mandatory on-the-job training or prior related work experience. The field is stable, with 286,100 jobs in 2022 in the US, and an impressive 10% job outlook growth from 2022-2032, much faster than the average. As innovators shape technological landscapes, mechanical engineers drive developments in machinery and contribute largely to the country’s industrial and technological progress.
General Electric Company and Lockheed Martin Corporation are two of the biggest companies that hire mechanical engineers in the US.
1.Switzerland
Average Salary: $128,770
In Switzerland, the mechanical engineering sector is experiencing a major upswing, as reflected in the latest Adecco Group Swiss Job Market Index. Job postings across the country increased by 7% in Q3 2022 compared to the same period the previous year. Particularly striking is the stable demand for professionals in the mechanical engineering, electrical, and metal industries (MEM). Plant operators and assembly professionals witnessed 30% increase in job advertisements, while technicians, automation engineers, and electronics engineers saw a substantial rise of 24%. Additionally, the demand for various engineers, including process, electrical, and mechanical engineers, with a growth of 19%. Despite economic challenges in the MEM industry, the job market for MEM professions remains resilient, with high order backlogs and a persistent shortage of skilled labor contributing to a positive trend.
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