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Several factors influence aerospace engineering salaries. Experience plays a significant role, with senior engineers typically earning higher salaries than entry-level engineers. Education level, such as a bachelor's or master's degree, can also impact salary potential. Geographic location is another important factor, as salaries tend to be higher in regions with a high cost of living or significant aerospace industry presence. The specific industry within aerospace engineering, such as commercial aviation, defense, or space exploration, can also affect salaries. Additionally, the size and financial health of the employer can influence compensation packages, with larger companies often offering higher salaries and additional benefits.
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