$82,620
Avg. Salary
$39.40
Avg. Hourly Rate

Average additional compensation:

$4,992

Bonus

$4,500

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Product Development Engineer is $39.40 per hour.

The average pay for a Product Development Engineer is $82,620 per year.

$28.49
10%
$39.40
50%
$45.07
90%
MEDIAN $39.40
$70k
10%
$83k
50%
$102k
90%
MEDIAN $82,620
$69,714 - $101,786
$70K
$83K
$100K
MEDIAN: $82,620
10%
50%
90%

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$28.49 - $45.07
$39
MEDIAN: $39.40
50%

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$0$107K
Salary $69,714 - $101,786
Bonus $2,207 - $7,073
Profit Sharing $993 - $10,766
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).
)
$70,963 - $107,467
  • Country: United States
  • Currency: USD
  • Updated: 19 Jan 2019
  • Individuals Reporting: 72
Hourly Data $0$48
Hourly Rate $39.40
Overtime $42.00
Annual Data $0$107K
Bonus $2,207 - $7,073
Profit Sharing $993 - $10,766
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).
)
$70,963 - $107,467
  • Country: United States
  • Currency: USD
  • Updated: 19 Jan 2019
  • Individuals Reporting: 8

Job Description for Product Development Engineer

Product development engineers are responsible for managing design, prototyping, and testing a product's development. These engineers assess the mechanical design properties of the product and determine if it has met the desired standards and functionality.

Read More...
Product Development Engineer Tasks
  • Design, develop, and test processes for producing prototypes and long-term production of products.
  • Define quality control criteria and safety guidelines.
  • Test products and processes and evaluate results to identify problems and estimate cost of resolutions.
  • Produce detailed designs and/or CAD drawings, acting as technical expert on products and processes.
  • Analyze and improve existing processes and products, including updating documentation.

Product Development Engineer Job Listings

Pay Difference by Location

1%

-5%

National Average: $86,697

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

Key Stats for Product Development Engineer

Gender

Female
8 %
Male
92 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.
Less than 1 year
10%
1-4 years
41%
5-9 years
34%
10-19 years
10%
20 years or more
5%

Experience Affects Product Development Engineer Salaries

Experienced
▲21%

▲6%

National Average
$87,000

▼11%

Skills That Affect Product Development Engineer Salaries

Manufacturing Process Engineering
▲2%



▼0%

Project Management
▼0%

National Average
$87,000

Test Engineering
▼1%

Finite Element Analysis (FEA)
▼1%

Microsoft Office
▼5%

Computer Aided Design (CAD)
▼8%

Microsoft Excel
▼9%

SolidWorks
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.

Gender

Female
8 %
Male
92 %

Years of Experience

Less than 1 year
10%
1-4 years
41%
5-9 years
34%
10-19 years
10%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 94%
vision benefits
Vision: 81%
no benefits
None: 5%