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Product Engineer Salary

Product Engineers in the United States pull down an average of $69K annually. Total cash compensation to Product Engineers approaches anywhere from $51K on the lower end to $98K on the higher end; in exceptional cases, this can include more than $9K from bonuses and upwards of $8K from profit sharing. Earnings for this group are mostly affected by residence, followed by the specific employer and tenure. The vast majority (88 percent) of Product Engineers who answered the questionnaire are male. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to the greater part. Job satisfaction is reported as high by the vast majority of workers. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$50,716 - $95,528
(Median)
$51K
$69K
$96K
MEDIAN: $68,581
10%
50%
90%

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$18.80 - $39.33
(Median)
$19
$30
$39
MEDIAN: $29.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$33K$66K$99K
Salary
$50,716 - $95,528  
   
Bonus
$0.00 - $8,810  
Profit Sharing
$1,013 - $8,247  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$50,667 - $98,067  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 2,064
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$19$38$57
Hourly Rate
$18.80 - $39.33  
   
Overtime
$1.43 - $56.41  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $8,810  
   
Profit Sharing
$1,013 - $8,247  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$50,667 - $98,067  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 144

Find Out Exactly What You Should Be Paid

United States (change)


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Job Description for Product Engineer

  • Maintain and support field test programs.
  • Support sales and marketing on product and customer issues.
  • Maintain and support in-house testing.
  • Coordinate prototype submissions and new part approvals.
  • Liaison with technical staff and its affiliates on technical issues.

Common Career Paths for Product Engineer


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As Product Engineers transition into upper-level roles such as Product Engineering Manager, they may see a strong upturn in salary. Product Engineering Managers earn $108K on average per year. Becoming a Senior Product Engineer is, more often than not, the most common role that Product Engineers move into when they're ready for the next step in their career. The average salary for the position is $91K. Another frequent advance is for Product Engineers to assume a Mechanical Engineer role; in this role, workers often earn $63K.

Product Development Engineer Job Listings

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Popular Employer Salaries for Product Engineer


Dominating the field, Chrysler Group LLC., Ford Motor Company, Analog Devices Inc, Texas Instruments, Inc., and esri are top firms with a reputation for hiring a great number of Product Engineers. Those at Freescale Semiconductor, Inc. can expect to make the most, with the company offering a median salary of $95K. Texas Instruments, Inc., Ford Motor Company, and Micron Technology, Inc. are a few other companies that offer generous salaries, with Product Engineers earning around $82K, $82K, or $78K at each firm, respectively.

Others at the bottom of the scale for this job include Johnson Controls Inc at $66K, and esri where $69K is the norm, but it is worth noting that some Product Engineers there earn up to $87K.

Popular Skills for Product Engineer


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Data Analysis, Test Engineering, Problem Solving, and Product Development are correlated to pay that is above average. Skills that seem to negatively impact pay include AutoCAD, SolidWorks, and Computer Aided Design. Most people skilled in Engineering Design are similarly competent in Problem Solving and Project Management.

Pay by Experience Level for Product Engineer

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Product Engineers, more experience in the field does not usually mean bigger paychecks. Those in the early stages of their career can expect to make around $64K; however, individuals with five to 10 years of experience bring in $75K on average — a distinctly larger sum. Product Engineers claiming one to two decades of experience make an estimated median of $83K. After two decades in the workforce, the average Product Engineer generally earns more than ever; median pay for this group is estimated at $94K.

Pay Difference by Location


With a pay rate for Product Engineers that is 38 percent greater than the national average, San Jose offers a comfortable salary for those in this profession. Product Engineers can also look forward to large paychecks in cities like Santa Clara (+32 percent), Austin (+22 percent), Dallas (+20 percent), and Dearborn (+18 percent). Milwaukee ranks last in the field for pay, reporting salaries 17 percent below the national average. Not at the bottom but still paying below the median are employers in Chicago and Minneapolis (6 percent lower and 1 percent lower, respectively).

Product Engineer Reviews

What is it like working as a Product Engineer?

Product Engineer in Bloomington:
"Rewarding."
Pros: I enjoy the office culture and atmosphere. It is fun and enjoyable to work at MTL. The problem solving aspect is a very rewarding and fun part of my job as well. I enjoy learning new things and refining the skills that I already have.
Cons: The amount of travel at times can be slightly stressful but there isn't anything that I really don't like about my job.

Related Job Salaries

United States (change)

Experience Affects Product Engineer Salaries




National Average
$70,000


Skills That Affect Product Engineer Salaries


Test Engineering
up arrow 3%

Product Development
up arrow 2%

Problem Solving
up arrow 2%

Project Management
up arrow 2%

Manufacturing Process Engineering
up arrow 1%

Microsoft Word
0%

National Average
$70,000

Engineering Design
up arrow 1%

Windows Operating System General Use
up arrow 1%

Microsoft Excel
up arrow 2%

Pro/Engineer
up arrow 2%

Microsoft Office
up arrow 4%



up arrow 11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 455 votes.

Gender

Female
12 %
Male
88 %

Years of Experience

Less than 1 year
6%
1-4 years
44%
5-9 years
26%
10-19 years
16%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 84%
vision benefits Vision: 68% employee benefits None: 7%
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