Average Product Engineer Salary

$71,348
Avg. SalaryShow Hourly Rate
$3,999
Bonus
$7,500
Commission
$3,076
Profit Sharing
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The average salary for a Product Engineer is $71,348.
10%
$55k
MEDIAN
$71k
90%
$98k
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Salary
$55k - $98k
Bonus
$1000 - $10k
Profit Sharing
$795 - $12k
Commission
$0 - $8k
Total Pay
$55k - $101k
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What Do Product Engineers Do?

Product Engineer Tasks
  • Coordinate prototype submissions and new part approvals.
  • Liaison with technical staff and its affiliates on technical issues.
  • Maintain and support in-house testing.
  • Maintain and support field test programs.
  • Support sales and marketing on product and customer issues.

Job Satisfaction for Product Engineer

3.9 out of 5
(614)
Highly Satisfied
35Reviews
The top respondents for the job title Product Engineer are from the companies Chrysler Group LLC., Moog, Inc. and Esri. Reported salaries are highest at Lam Research Incorporated where the average pay is $110,483. Other companies that offer high salaries for this role include Analog Devices Inc and Esri, earning around $81,716 and $80,000, respectively. Magna International pays the lowest at around $67,383. Moog, Inc. and Chrysler Group LLC. also pay on the lower end of the scale, paying $76,000 and $78,146, respectively.

Product Engineer Job Listings

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What Are Popular Skills for Product Engineers?

Skills in Product Development, Problem Solving and Project Management are correlated to pay that is above average. Skills that pay less than market rate include Computer Aided Design (CAD) and Engineering Design.

What is the Pay by Experience Level for Product Engineers?

An entry-level Product Engineer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $64,461 based on 314 salaries. An early career Product Engineer with 1-4 years of experience earns an average total compensation of $68,461 based on 1,660 salaries. A mid-career Product Engineer with 5-9 years of experience earns an average total compensation of $77,731 based on 740 salaries. An experienced Product Engineer with 10-19 years of experience earns an average total compensation of $85,345 based on 343 salaries. In their late career (20 years and higher), employees earn an average total compensation of $92,192.
Employees with Product Engineer in their job title in San Jose, California earn an average of 39.2% more than the national average. These job titles also find higher than average salaries in Detroit, Michigan (7.6% more) and Auburn Hills, Michigan (5.3% more). The lowest salaries can be found in Milwaukee, Wisconsin (4.1% less) and Grand Rapids, Michigan (1.6% less).

Years of Experience

This data is based on 3,280 survey responses.
Entry Level
9.6%
Early Career
50.6%
Mid Career
22.6%
Experienced
10.5%
Late Career
6.8%