Senior Product Engineer Salary
Senior Product Engineers who are practiced in their profession and carry more than 10 years of experience make up close to one-half of Senior Product Engineers. Pay fluctuates from $74K to $127K per year, but expected earnings average $92K per year. Final cash compensation to Senior Product Engineers varies from around $74K to approximately $127K; choice pay grades include potential for bonuses and profit sharing as high as $15K and $12K, respectively. Location is the biggest factor affecting pay for this group, followed by the company and years of experience. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. There are far more male Senior Product Engineers survey respondents than women, making up 85 percent. Most Senior Product Engineers report high levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.
Job Description for Senior Product Engineer
Senior product engineers are responsible for all aspects of the design, implementation, and management of new products' development. This involves taking customer needs and expectations, merging those with their design knowledge, and planning a new engineering product. Once a design has been established and all necessary consultation with clients and other engineers has occurred, the manufacturing process must be designed and implemented. After manufacturing, the final product must be assembled and analyzed for quality and to ensure it meets all user and design specifications. Senior product engineers are ultimately responsible for all stages of this work and monitor closely all progress. Once a product is completed, they must maintain standards by testing and constructing prototypes for further improvements as driven by customer needs or evolutions in industry standards and technology.Read More...
Senior product engineers work in a mix of environments. They meet with clients in office and in manufacturing settings to discuss design elements and product needs. They meet with other engineers and managers to discuss strategies and implementation, and they supervise initial manufacturing during the prototype and development stages of production. Senior product engineers generally work a standard 40-hour week, with some overtime required depending on project deadlines and customer needs.
A bachelor’s degree in engineering, typically with an emphasis in a specific field such as mechanical or electrical engineering, is required for senior product engineers. As this is a supervisory position, extensive experience in the field is necessary. This usually includes at least three to five years in the specific manufacturing area.
Senior Product Engineer Tasks
- Support design and troubleshooting efforts internally.
- Document product requirements, implementation steps and verification checks.
- Examine supplies and materials and test for suitability.
- Identify root cause of failures and issues, documenting all findings.
- Work with sales teams to resolve customer problems.
Senior Product Engineer Job Listings
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Popular Employer Salaries for Senior Product Engineer
For Senior Product Engineers, comfortable salaries can be found at Intel Corporation; in fact, median earnings sit around $110K, the highest in the area.
Popular Skills for Senior Product Engineer
Survey results imply that Senior Product Engineers put a diverse skill set to use. Most notably, skills in Manufacturing Process Engineering, SolidWorks, Computer Aided Design, and Project Management are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Data Analysis and Engineering Design. For most people, competency in Engineering Design indicates knowledge of Project Management.
Pay by Experience Level for Senior Product Engineer
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Senior Product Engineers with a lot of experience do not necessarily enjoy more money. Senior Product Engineers in the early stages of their careers take home approximately $86K on average. The average for people in the five-to-10 year group is only a little larger at $90K. On average, Senior Product Engineers make $99K following one to two decades on the job. Professionals with deep experience (more than 20 years) report prosperous salaries in six-figure territory; the median for this crowd is approximately $106K.
Pay Difference by Location
With a pay rate for Senior Product Engineers that is 34 percent greater than the national average, San Jose offers a comfortable salary for those in this profession. Senior Product Engineers will also find cushy salaries in Santa Clara (+24 percent), Houston (+15 percent), Phoenix (+13 percent), and Boston (+13 percent). Grand Rapids is the lowest-paying area, 15 percent south of the national average. Chandler and Chicago are a couple other places where companies are known to pay below the median — salaries are 15 percent lower and 12 percent lower, respectively.