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Component Engineer Jobs in Michigan (NOW HIRING)

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Develop component cost estimates for new programs, including: Early ‐ phase cost engineering estimates, Detailed "should ‐ cost" calculations using a bottom ‐ up manufacturing approach

Staff Engineer, Engineering - Individual Contributor Technical Responsibilities: Conduct or design ... Conduct advanced problem solving, identify potential solutions, and evaluate them against component ...

... component technical solution cost drivers with suppliers for variable cost & tooling COMMODITY ... Engineering community • Develop the cost structure for component standardization plans • ...

MeC offers his consultancy services in Cost Engineering to determinate the cycle times and costs of ... Responsibilities include, but are not limited to: 1) component variable costs and tooling for all ...

Own engineering release of subsystem design including component and module CAD (Computer Aided Design), Drawings, and BOMs (Bill of Materials). * Develop and capture knowledge required to deliver ...

MeC offers his consultancy services in Cost Engineering to determinate the cycle times and costs of ... Responsibilities include, but are not limited to: 1) component variable costs and tooling for all ...

We are currently seeking a Development Engineer for an assigned project with a client in the ... Define and execute DVP&R plans for component and system validation. * Support bench and vehicle ...

Own engineering release of subsystem design including component and module CAD (Computer Aided Design), Drawings, and BOMs (Bill of Materials). * Develop and capture knowledge required to deliver ...

We are currently seeking a Development Engineer for an assigned project with a client in the ... Define and execute DVP&R plans for component and system validation. * Support bench and vehicle ...

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Component Engineer information

See Michigan salary details

$22

$46

$66

How much do component engineer jobs pay per hour?

As of Jun 21, 2026, the average hourly pay for component engineer in Michigan is $46.74, according to ZipRecruiter salary data. Most workers in this role earn between $37.69 and $54.28 per hour, depending on experience, location, and employer.

What engineers make $500,000?

Senior engineers in specialized fields such as software engineering, petroleum engineering, and aerospace engineering can reach or exceed a $500,000 annual salary, especially with experience, bonuses, and stock options. High-level roles often require advanced skills, certifications, and leadership responsibilities within competitive industries.

What is a Component Engineer job?

A Component Engineer is responsible for selecting, evaluating, and managing electronic and mechanical components used in product designs. They ensure component availability, reliability, and compliance with industry standards. Their role involves working closely with design, procurement, and manufacturing teams to optimize component selection for cost and performance. Component Engineers also help mitigate risks related to obsolescence and supply chain disruptions by identifying alternative parts and manufacturers.

What are the key skills and qualifications needed to thrive in the Component Engineer position, and why are they important?

To thrive as a Component Engineer, you need a solid background in electrical or mechanical engineering principles, with a relevant bachelor’s degree and experience in component selection and analysis. Familiarity with PLM (Product Lifecycle Management) systems, CAD tools, and industry standards such as RoHS and IPC is commonly required, and certifications like Six Sigma can be advantageous. Strong analytical skills, attention to detail, and the ability to communicate effectively with cross-functional teams help set you apart. These capabilities are crucial for ensuring high-quality, cost-effective component choices that meet both engineering specifications and compliance requirements.

Can you make $500,000 as an electrical engineer?

Component engineers, a specialized role within electrical engineering, typically earn salaries below $200,000 annually, with top earners in senior or managerial positions reaching higher figures. Achieving a $500,000 salary generally requires extensive experience, advanced certifications, leadership roles, or working in high-paying industries such as aerospace or defense. Such compensation levels are uncommon for standard electrical or component engineering positions.

What engineers make $300,000 a year?

Senior engineers in specialized fields such as petroleum, aerospace, or software engineering can earn $300,000 or more annually, especially with extensive experience, advanced skills, and leadership roles. High-level engineering managers and technical directors in large organizations may also reach this compensation level. Achieving this salary often requires advanced degrees, certifications, and a strong track record of project success.

What does a component engineer do?

A component engineer is responsible for selecting, testing, and managing electronic or mechanical components used in product design and manufacturing. They ensure components meet quality, reliability, and compliance standards, often using CAD tools and industry specifications. Their work supports the development of reliable, cost-effective products and may involve collaboration with suppliers and cross-functional teams.

What are the typical daily responsibilities of a Component Engineer?

As a Component Engineer, your daily responsibilities typically involve selecting and qualifying electronic or mechanical components, maintaining the approved parts list, and ensuring component compliance with industry standards and regulations. You’ll collaborate closely with design, procurement, and quality assurance teams to resolve issues related to part obsolescence, sourcing, and cost optimization. Reviewing technical documentation, analyzing failure data, and providing design support are also regular parts of the role. This position offers a dynamic mix of hands-on technical work and cross-functional communication within a fast-paced engineering environment.

What are the most commonly searched types of Component Engineer jobs in Michigan? The most popular types of Component Engineer jobs in Michigan are:
What are popular job titles related to Component Engineer jobs in Michigan? For Component Engineer jobs in Michigan, the most frequently searched job titles are:
What cities in Michigan are hiring for Component Engineer jobs? Cities in Michigan with the most Component Engineer job openings:
What are popular job titles related to Component Engineer jobs in MI? For Component Engineer jobs in MI, the most frequently searched job titles are:
Infographic showing various Component Engineer job openings in Michigan as of June 2026, with employment types broken down into 94% Full Time, 1% Part Time, and 5% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $97,228 per year, or $46.7 per hour.
Vehicle Cost Engineer

Vehicle Cost Engineer

Zobility

Auburn Hills, MI • On-site

$40 - $45/hr

Contractor

Medical, Dental, Vision, PTO

Posted 16 days ago

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Job description

Job Description:  

  • The Cost Engineer role develops detailed cost estimates for components and tooling using an activity  ‐  based costing approach. 
  • This role works directly with bills of material, drawings, and physical samples to understand how parts are made and to estimate the associated component, manufacturing, and investment costs.
  • In this position, you will use established Client methods and processes to analyze costs, provide guidance to internal teams, and support cost convergence activities. 
  • You will collaborate with global engineering, purchasing, finance, and supplier teams to ensure competitive and transparent cost structures from early concept through serial production.
  • Multiple roles are being fulfilled within this job posting- for all component scopes within the vehicle structure (Body, Interior, Chassis, Engine Adaptation, Electrical Components and Systems, Powertrain). 
  • Position fulfillment to utilize applicant background and experience as paired to internal role needs. 
  • Organization Success in this role requires curiosity, agility, and a collaborative mindset within a fast  ‐  paced, global environment.

Responsibilities:  

  • Develop component cost estimates for new programs, including: Early  ‐  phase cost engineering estimates, Detailed "should  ‐  cost” calculations using a bottom  ‐  up manufacturing approach
  • Provide idea generation and cost support during vehicle development to help achieve cost targets (Design  ‐  to  ‐  Cost)
  • Support purchasing during supplier negotiations by completing gap analyses of supplier cost breakdowns (Piece Price, ED&D, Tooling)
  • Contribute to benchmarking and value optimization activities, including serial life should  ‐  cost assessments
  • Collaborate closely with internal global team, Engineering, Buyers, and Suppliers
  • Provide global cost comparison analysis in partnership with the broader Cost Engineering community

Requirements:  

  • Bachelor's degree in Engineering, or a related technical field
  • Minimum of 5 years of experience in the automotive industry or related technical field
  • Strong English verbal and written skills to support role job key deliverables
  • Ability to manage a high volume of parts and varying levels of complexity
  • Proficiency with Microsoft PowerPoint, Excel, and Word
  • Ability to work effectively across multiple levels of the organization, functions, and global regions

Backgrounds that work well:

  • Design Release Engineers (DREs) for relevant components (body, interior, propulsion, chassis, electrical).
  • Manufacturing engineers or process engineers (stamping, injection molding, die casting, welding, assembly, electronics manufacturing, wire harness, etc.).
  • Tooling development backgrounds, especially those who have worked in tool shops or installed lines (stamping & welding lines, injection molding, etc.).
  • Purchasing or sales professionals only if they have very strong product and process knowledge for the targeted commodity.

Preferred:  

  • Familiarity with cost model structures and activity  ‐  based costing for component development
  • Experience in within one or multiple areas: Design Responsible Engineering, Manufacturing, Component Tool development, or Component Purchasing

Company Description

Zobility is RGBSI's workforce management and staffing division. RGBSI is a multi-national corporation headquartered in Troy, MI with branches throughout the USA, Canada, Germany, and India.