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How much do research and development engineer two jobs pay per year?

As of Jul 6, 2026, the average yearly pay for research and development engineer two in the United States is $96,571.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,500.00 and $117,000.00 per year, depending on experience, location, and employer.

What engineer makes $500,000 a year?

Highly experienced engineering professionals in specialized fields such as petroleum engineering, aerospace engineering, or senior executive roles in technology companies can earn salaries around $500,000 annually. These positions often require advanced degrees, extensive experience, and leadership responsibilities, along with skills in project management and technical expertise.

What engineers make $200,000 a year?

Senior engineers in fields such as software, petroleum, aerospace, and electrical engineering can earn $200,000 or more annually, especially with extensive experience, advanced skills, and in high-demand industries. These roles often require specialized knowledge, advanced degrees, and sometimes leadership responsibilities or project management expertise.

What are good second jobs for engineers?

Research and Development Engineers often pursue second jobs in consulting, technical tutoring, or freelance engineering projects to leverage their technical skills. These roles typically require strong problem-solving abilities, familiarity with engineering tools, and flexible schedules. Such side jobs can enhance expertise and provide additional income without conflicting with primary responsibilities.

What engineers make $300,000 a year?

Senior engineers in specialized fields such as software engineering, petroleum engineering, and aerospace engineering can earn $300,000 or more annually, especially with extensive experience, advanced skills, and leadership roles. High compensation often involves working in high-demand industries, holding advanced degrees, or obtaining professional certifications.
What cities are hiring for Research And Development Engineer Two jobs? Cities with the most Research And Development Engineer Two job openings:
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What job categories do people searching Research And Development Engineer Two jobs look for? The top searched job categories for Research And Development Engineer Two jobs are:
Research And Development Engineer Two jobs near you
Infographic showing various Research And Development Engineer Two job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $96,571 per year, or $46.4 per hour.
Engineer II Electricity Markets Research and Development

Engineer II Electricity Markets Research and Development

MISO

Carmel, IN • On-site

$96K - $113K/yr

Full-time

Retirement, PTO

Posted 24 days ago

Job description

Help power the grid and shape the future of electricity markets!
Are you an engineer who enjoys solving complex problems, working with data, and building tools that make a real-world impact? In this role as MISO's Engineer II on our Markets Research and Development team, you'll help improve how electricity markets operate and how the power grid runs, supporting reliable energy for millions of people. You'll also partner with experts across the organization to study operational events, evaluate ideas to improve market operations and efficiency, develop tools, and generate simulation results that support data-driven decision making. Your work will directly influence how electricity markets evolve and adapt to transformative changes ongoing in the electricity industry.
As MISO's Markets Research and Development Engineer II, you will:
  • Apply power engineering and operations research skills to explore innovative options and recommend solutions.
  • Gather and examine complex datasets to understand how markets and grid operations are performing.
  • Build and maintain models and simulation tools to simulate and test electricity market solutions
  • Collaborate with teams across the organization to tackle challenges and strategically improve the electricity markets
  • Develop and refine algorithms that help make market and grid operations more efficient and reliable
  • Clearly document and present findings through reports, charts, and presentations to communicate insights effectively and accurately

To be successful as our Markets Research and Development Engineer II you should have:
  • A Bachelor's Degree electrical engineering, computer engineering, electrical engineering technology, electrical and computer engineering, electrical and electronic engineering, or electronics and computer engineering technology power systems, operations research, or a related technical field and at least 2 years of experience.
  • Master's Degree or PhD preferred.
  • One to two years within any of the following: electricity market design, operations, or research and development; electricity market analysis; or system planning and development in an academic and/or professional setting.
  • Preferred experience that includes quantitative analysis, applying or developing optimization algorithms, and power system modeling and simulation.

Appropriate level will be determined based upon experience and knowledge.
Transformative innovation is happening in the electric industry, from digitalizing homes and distributed resources to renewable energy and an ever-changing grid. MISO manages the electricity superhighway in the Central U.S. and through use of groundbreaking research and advanced technology, our highly skilled employees ensure power flows reliably to 45 million Americans. Operating the electricity grid, running a robust energy market, planning for a bright future - it's what our immensely hardworking and dedicated team does every day.
The base salary compensation range being offered for this role is $96,000 - $113,000 USD annually. Base salary range for this position is included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, and qualifications/experience.
Position is also eligible for an annual bonus if individual performance and company objectives are met. At MISO we offer a comprehensive benefits package, including 401k, vacation, sick and safe time, available on your first day of employment.
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Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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