Auto Engineer Salaries: How Ford's UAW Deal Stacks Up Against GM, Tesla

Wondering about how much engineers at the top auto manufacturers make a year? The United Auto Workers Union (UAW) and Ford Motor Co F agreed to a tentative deal to end the union’s strike. The deal includes a 25% wage increase across the board for employees and other benefits. 

Here’s How The Salaries Break Down: 

Ford: The average engineer salary for Ford is around $113,000 a year, according to Glassdoor.com. With the 25% pay increase, this means that engineers will be making around $140,000 a year at Ford following the implementation of the new contract. 

Also Read: Ford's Electric F-150 Lightning Lineup Sees Slight Price Bump

GM: Engineers at General Motors Co GM make slightly more than Ford engineers, according to Glassdoor. The average engineer at GM is bringing in $117,000 a year, a few thousand dollars more than those working at Ford. 

Unlike Ford, General Motors and the UAW have not agreed to a tentative deal, although Ford’s agreement should move negotiations in the right direction. Once GM does come to terms with the union, it’s likely that their engineers will still be making slightly more than Ford’s. 

Tesla: Engineers working for Tesla Inc TSLA make more than the other major U.S. auto manufacturers. According to Glassdoor.com, the average Tesla engineer brings in more than $130,000 a year, despite the company not having a union.

To Recap: 

  • Ford engineers - $113,000 annual salary
  • General Motors engineers - $117,000 annual salary
  • Tesla engineers - $130,000 annual salary

Now Read: Tesla Bear Smells 'Diesel Gate 2.0' After Edmunds Finds None Of EV Giant's Cars Has Ever Hit EPA Range Estimate

Photo: Ford

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!