$78,441
Avg. Salary
$33.83
Avg. Hourly Rate

Average additional compensation:

$4,884

Bonus

$3,125

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Product Development Engineer is $33.83 per hour.

The average pay for a Product Development Engineer is $78,441 per year.

10%
$26.50
10%
$33.83
50%
$39.16
90%
90%
MEDIAN $33.83
10%
$69k
10%
$78k
50%
$93k
90%
90%
MEDIAN $78,441
$68,974 - $93,440
$69K
$78K
$93K
MEDIAN: $78,441
10%
50%
90%

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$26.50 - $39.16
$34
MEDIAN: $33.83
50%

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$0$97K
Salary $68,974 - $93,440
Bonus $2,032 - $6,179
Profit Sharing $3,125
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).
)
$68,110 - $97,986
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 49
Hourly Data $0$48
Hourly Rate $33.83
Overtime $42.00
Annual Data $0$97K
Bonus $2,032 - $6,179
Profit Sharing $3,125
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).
)
$68,110 - $97,986
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 5

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

Key Stats for Product Development Engineer

Gender

Female
7 %
Male
93 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.
Less than 1 year
15%
1-4 years
65%
5-9 years
20%

Skills That Affect Product Development Engineer Salaries

Matlab
▲3%

Test Engineering
▲2%

National Average
$82,000

Engineering Design
▼5%

Computer Aided Design (CAD)
▼5%

Product Development
▼6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.

Gender

Female
7 %
Male
93 %

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 92%
vision benefits
Vision: 87%
no benefits
None: 6%