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Product Engineer Salary

Product Engineers in the United States take home an average $68K per year. Total cash compensation to Product Engineers bottoms out near $50K and approaches $98K on the high end; the biggest paychecks include approximately $9K from bonuses and almost $8K from profit sharing. Geography is the biggest factor affecting pay for this group, followed by the company and experience level. Medical benefits are awarded to almost all, and a large number earn dental coverage. Most workers in this position report high levels of job satisfaction. There are far more male Product Engineers survey respondents than women, making up 89 percent. This overview is based on answers to PayScale's salary questionnaire.

$50,590 - $95,210
(Median)
$51K
$68K
$95K
MEDIAN: $68,285
10%
50%
90%

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$18.99 - $39.53
(Median)
$19
$29
$40
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
$50,590 - $95,210  
   
Bonus
$0.00 - $8,746  
Profit Sharing
$1,010 - $8,241  
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).
)
$50,461 - $98,001  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 2,002
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
$18.99 - $39.53  
   
Overtime
$1.50 - $56.07  
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 - $8,746  
   
Profit Sharing
$1,010 - $8,241  
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).
)
$50,461 - $98,001  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 144

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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 who transition into a Product Engineering Manager role may receive large pay increases as the latter position pays an average $108K per year. The most common career progression for Product Engineers leads to becoming a Senior Product Engineer, where average pay is $90K annually. However, many Product Engineers also opt to become Mechanical Engineers. Typically, a Mechanical Engineer brings home $62K.

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 esri are some prominent firms with considerable interest in employing a large team of Product Engineers. Those at Freescale Semiconductor, Inc. can expect to make the most, with the company offering a median salary of $95K. Those in search of high salaries should also consider Texas Instruments, Inc., Ford Motor Company, and Chrysler Group LLC., top-paying firms where Product Engineers rake in a comfortable $83K, $82K, or $78K, respectively.

Esri, Parker Hannifin Corp, and TRW Automotive Holdings also rank near the bottom for pay, handing out $69K, $72K, and $74K-paychecks on average.

Popular Skills for Product Engineer


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Data Analysis, Test Engineering, Problem Solving, and Product Development are correlated to pay that is above average. At the other end of the pay range are skills like AutoCAD, SolidWorks, and Computer Aided Design. Most people who know Engineering Design also know 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.


Experience does not seem to be a strong driver of pay increase in this role. Respondents with less than five years' experience take home $64K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $74K. Product Engineers claiming one to two decades of experience make an estimated median of $84K. People who have worked for more than 20 years report a median income of $94K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


Product Engineers will find that San Jose offers an impressive pay rate, one which exceeds the national average by 39 percent. Product Engineers will also find cushy salaries in Santa Clara (+32 percent), Dallas (+22 percent), Austin (+21 percent), and Detroit (+14 percent). In Milwaukee, salaries are 16 percent below the national average and represent the lowest-paying market. Employers also pay below the national average in Chicago (7 percent lower) and Phoenix (6 percent lower).

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
$69,000


Skills That Affect Product Engineer Salaries


Test Engineering
up arrow 4%

Problem Solving
up arrow 3%

Product Development
up arrow 2%

Project Management
up arrow 2%

Manufacturing Process Engineering
up arrow 1%

Microsoft Word
0%

National Average
$69,000

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 475 votes.

Gender

Female
11 %
Male
89 %

Years of Experience

Less than 1 year
6%
1-4 years
44%
5-9 years
27%
10-19 years
16%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 84%
vision benefits Vision: 67% employee benefits None: 7%