How much does a Reliability Engineer V make in Minnesota? The average Reliability Engineer V salary in Minnesota is $167,710 as of March 26, 2024, but the range typically falls between $155,238 and $180,770. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Reliability Engineer V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Reliability Engineer V Salary $143,883 MN March 26, 2024
25th Percentile Reliability Engineer V Salary $155,238 MN March 26, 2024
50th Percentile Reliability Engineer V Salary $167,710 MN March 26, 2024
75th Percentile Reliability Engineer V Salary $180,770 MN March 26, 2024
90th Percentile Reliability Engineer V Salary $192,660 MN March 26, 2024
25% $155,238 10% $143,883 90% $192,660 75% $180,770 $167,710 50%(Median) Didn’t find job title? Click
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What skills does a Reliability Engineer V need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Continuous Improvement: A continual improvement process, also often called a continuous improvement process (abbreviated as CIP or CI), is an ongoing effort to improve products, services, or processes. These efforts can seek "incremental" improvement over time or "breakthrough" improvement all at once. Delivery (customer valued) processes are constantly evaluated and improved in the light of their efficiency, effectiveness and flexibility. Some see CIPs as a meta-process for most management systems (such as business process management, quality management, project management, and program management). W. Edwards Deming, a pioneer of the field, saw it as part of the 'system' whereby feedback from the process and customer were evaluated against organisational goals. The fact that it can be called a management process does not mean that it needs to be executed by 'management'; but rather merely that it makes decisions about the implementation of the delivery process and the design of the delivery process itself.

3.

Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.

Analysis 12.44%
Continuous Improvement 1.96%
Health Care 1.49%
Others 84.11%

Job Description for Reliability Engineer V

Reliability Engineer V analyzes and evaluates the reliability of products, equipment, components, and processes using engineering methodologies and tools. Develops the methods and measures utilized for reliability analysis based on product specifications, tolerances, or operating standards. Being a Reliability Engineer V utilizes analysis techniques like FMEA, fault tree, and root cause analysis to identify problems. Oversees testing activities and reviews results. Additionally, Reliability Engineer V creates risk-based failure mitigation plans. Proposes new or revised product designs, manufacturing processes and testing specifications that utilize best practices and will increase reliability. Requires a bachelor's degree in engineering. Typically reports to an engineering manager. The Reliability Engineer V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Reliability Engineer V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Reliability Engineer V in Minnesota

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $172,792 Date Updated March 26, 2024
Location Minnetonka, MN Avg. Salary $173,939 Date Updated March 26, 2024
Location Ada, MN Avg. Salary $154,923 Date Updated March 26, 2024
Location Adams, MN Avg. Salary $162,792 Date Updated March 26, 2024
Location Adolph, MN Avg. Salary $158,365 Date Updated March 26, 2024
Location Adrian, MN Avg. Salary $146,398 Date Updated March 26, 2024
Location Afton, MN Avg. Salary $172,628 Date Updated March 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $157,382 Date Updated March 26, 2024
Location Aitkin, MN Avg. Salary $158,529 Date Updated March 26, 2024
Location Akeley, MN Avg. Salary $157,546 Date Updated March 26, 2024

Career Path for Reliability Engineer V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Reliability Engineer V, the first career path typically starts with a Corrosion Maintenance Supervisor position, and then progresses to Corrosion Engineering Manager.

Additionally, the second career path typically starts with a Reliability Engineering Supervisor position, and then progresses to Reliability Engineering Manager.

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Reliability Engineer V Salary in Minnesota
Reliability Engineer V Salary Graph, Regional Distribution and Summary