Product Engineer Salary

Median pay for Product Engineers in the United States lies in the neighborhood of $69K annually. Total cash compensation to Product Engineers varies from $51K to $99K; higher pay grades include potential for bonuses and profit sharing as high as $9K each. Compensation for this group is mainly affected by the particular firm, but geography and years of experience are influential factors as well. Male Product Engineers far outnumber their female contemporaries among those who completed the questionnaire. Medical benefits are awarded to nearly all, and most earn dental coverage. For the most part, Product Engineers enjoy their work and report high levels of job satisfaction. The information for this snapshot was generated by 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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Product Engineers may progress into high-paying roles like Product Engineering Manager, where median compensation is $109K annually. The most common promotion for Product Engineers is Senior Product Engineer, a position that typically pays $92K annually. Another standard transition for Product Engineers seeking advancement is to assume a Mechanical Engineer role, where pay is often $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 some prominent firms with considerable interest in employing a large team of Product Engineers. 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 also offer top salaries for Product Engineers. Workers at these firms can expect to earn about $95K, $82K, and $82K, respectively.

Others at the bottom of the scale for this job include Johnson Controls Inc at $69K, 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 takers working as Product Engineers report using a large range of professional skills. Most notably, skills in Data Analysis, Test Engineering, Problem Solving, and Product Development are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, 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.


More years of relevant experience do not necessarily translate to higher paychecks. Relatively untried employees who have less than five years' experience make $65K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $75K. Product Engineers bring in $85K after working for 10 to 20 years. More than 20 years of experience mean a somewhat bigger median paycheck of $94K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $69,859

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

San Jose is home to an above-average pay rate for Product Engineers, 39 percent higher than the national average. Product Engineers can also look forward to large paychecks in cities like Austin (+22 percent), Dallas (+19 percent), Dearborn (+18 percent), and Detroit (+13 percent). With compensation 7 percent below the national average, Portland is not known for hefty paychecks and actually represents the lowest-paying market. Two other places where employers offer below-median salaries are Grand Rapids (7 percent less) and Minneapolis (5 percent less).

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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