Product Engineer Salary

Median pay for Product Engineers in the United States is around $69K per year. Cash earnings of Product Engineers can occasionally include $9K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $51K to almost $99K. Earnings for this group are mostly affected by the company, followed by the particular city and years of experience. Work is enjoyable for Product Engineers, who typically claim high levels of job satisfaction. Among survey respondents, men are more common than women; 89 percent of Product Engineers are male. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. This report is based on responses to the PayScale salary survey.

$50,958 - $96,113
(Median)
$51K
$69K
$96K
MEDIAN: $68,839
10%
50%
90%

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$18.93 - $39.34
(Median)
$19
$30
$39
MEDIAN: $29.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$33K$66K$99K
Salary
$50,958 - $96,113  
   
Bonus
$0.00 - $9,325  
Profit Sharing
$983 - $9,000  
Commission
$3,250  
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).
)
$50,958 - $98,553  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 2,445
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20$40$60
Hourly Rate
$18.93 - $39.34  
   
Overtime
$14.00 - $57.75  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $9,325  
   
Commission
$3,250  
Profit Sharing
$983 - $9,000  
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).
)
$50,958 - $98,553  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 168
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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 $109K on average per year. Going from Product Engineer to Senior Product Engineer is the transition that occurs most often in this field, where the paychecks are $92K. Many others choose to work as Mechanical Engineers, where pay is typically $63K.

Product Development Engineer Job Listings

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Popular Employer Salaries for Product Engineer


Chrysler Group LLC., Ford Motor Company, Analog Devices Inc, Texas Instruments, Inc., and Micron Technology, Inc. are top-notch employers for Product Engineers in this area. Lam Research Incorporated attracts talent by shelling out the biggest paychecks in the area — the median in that office is $118K. Freescale Semiconductor, Inc., Texas Instruments, Inc., and Ford Motor Company are a few other companies that offer generous salaries, with Product Engineers earning around $95K, $82K, or $82K at each firm, respectively.

Other low-paying employers include Johnson Controls Inc at $69K and esri at $69K, though some Product Engineers there earn up to $87K.

Popular Skills for Product Engineer


Survey results imply that Product Engineers deploy a substantial tool kit of skills at work. Most notably, skills in Data Analysis, Test Engineering, Problem Solving, and Product Development are correlated to pay that is above average. Skills that pay less than market rate include AutoCAD, SolidWorks, and Computer Aided Design. It is often found that people who know Engineering Design are also skilled 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 many Product Engineers, extensive experience does not lead to significantly more money. Survey participants with less than five years' experience pocket $65K on average, but those with five to 10 years of experience enjoy a much bigger median of $75K. The average pay reported by folks with 10 to 20 years of experience is around $85K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $94K.

Pay Difference by Location

National Average: $69,859

Larger city markers indicate a job is popular in that location.

For Product Engineers, San Jose provides a pay rate that is 39 percent greater than the national average. Product Engineers will also find cushy salaries in Austin (+22 percent), Dallas (+19 percent), Dearborn (+18 percent), and Detroit (+13 percent). Those in the field find the lowest salaries in Portland, 7 percent below the national average. Workers in Grand Rapids and Minneapolis earn salaries that trail the national average for those in this profession (7 percent less and 5 percent less, 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

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Experience Affects Product Engineer Salaries




National Average
$70,000


Skills That Affect Product Engineer Salaries


Test Engineering
up arrow 4%

Product Development
up arrow 2%

Problem Solving
up arrow 2%

Project Management
up arrow 1%

Manufacturing Process Engineering
up arrow 1%

National Average
$70,000

Microsoft Word
up arrow 1%

Engineering Design
up arrow 2%

Windows Operating System General Use
up arrow 2%

Microsoft Office
up arrow 3%

Microsoft Excel
up arrow 3%

Pro/Engineer
up arrow 3%



up arrow 10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 423 votes.

Gender

Female
11 %
Male
89 %

Years of Experience

Less than 1 year
7%
1-4 years
46%
5-9 years
25%
10-19 years
15%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 82%
medical benefits
Vision: 68%
dental benefits
None: 7%
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