$83,813
Avg. Salary
$45.50
Avg. Hourly Rate

Average additional compensation:

$5,042

Bonus

$4,000

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Product Development Engineer is $45.50 per hour.

The average pay for a Product Development Engineer is $83,813 per year.

10%
$0.00
10%
$45.50
50%
$0.00
90%
90%
MEDIAN $45.50
10%
$72k
10%
$84k
50%
$98k
90%
90%
MEDIAN $83,813
$71,766 - $98,229
$72K
$84K
$98K
MEDIAN: $83,813
10%
50%
90%

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$0$103K
Salary $71,766 - $98,229
Bonus $3,710 - $7,757
Profit Sharing $4,000
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).
)
$76,632 - $103,712
  • Country: United States
  • Currency: USD
  • Updated: 11 Apr 2019
  • Individuals Reporting: 24

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
5 %
Male
95 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.
5-9 years
89%
10-19 years
11%

Skills That Affect Product Development Engineer Salaries

Project Management
▲6%

Product Development
▲4%

Engineering Design
▲3%

Matlab
▲2%

National Average
$90,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
5 %
Male
95 %

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 92%
vision benefits
Vision: 77%
no benefits
None: 8%