The average Festo VP of Engineering earns an estimated $227,594 annually, which includes an estimated base salary of $184,873 with a $42,721 bonus. Festo's VP of Engineering compensation is $23,637 less than the US average for a VP of Engineering. VP of Engineering salaries at Festo can range from $95,000 - $550,000.
The Engineering Department at Festo earns $12,239 more on average than the Design Department.
Last updated 3 months ago.
VPs of Engineering earn $17,102 more than Directors of Engineering.
The Engineering Department averages $12,239 more than the Design Department, and $993 less than the Business Development Department
The average female VP of Engineering at companies similar size to Festo reported making $281,893, while the average male VP of Engineering at similar sized companies reported making $263,157.
The average Caucasian VP of Engineering at companies similar size to Festo reported making $286,544, while the average African American/Black VP of Engineering at similar sized companies reported making $187,625.
The majority of VPs of Engineering at Festo believe they're compensated fairly. 100% of VPs of Engineering at Festo say they receive annual bonuses, and the majority (68%) are satisfied with their benefits. See more compensation ratings at Festo