$70,195
Avg. Salary
$30.08
Avg. Hourly Rate

Average additional compensation:

$3,934

Bonus

$3,289

Profit Sharing

$6,000

Commission

What am I worth?
How should I pay?

The average pay for a Product Engineer is $30.08 per hour.

The average pay for a Product Engineer is $70,195 per year.

10%
$19.02
10%
$30.08
50%
$40.16
90%
90%
MEDIAN $30.08
10%
$53k
10%
$70k
50%
$96k
90%
90%
MEDIAN $70,195
$53,399 - $95,913
$53K
$70K
$96K
MEDIAN: $70,195
10%
50%
90%

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$19.02 - $40.16
$19
$30
$40
MEDIAN: $30.08
10%
50%
90%

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$0$98K
Salary $53,399 - $95,913
Bonus $1,000 - $10,017
Profit Sharing $868 - $11,874
Commission $6,000
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).
)
$53,045 - $98,199
  • Country: United States
  • Currency: USD
  • Updated: 18 Mar 2019
  • Individuals Reporting: 3,239
Hourly Data $0$55
Hourly Rate $19.02 - $40.16
Overtime $27.25 - $55.65
Annual Data $0$98K
Bonus $1,000 - $10,017
Commission $6,000
Profit Sharing $868 - $11,874
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).
)
$53,045 - $98,199
  • Country: United States
  • Currency: USD
  • Updated: 18 Mar 2019
  • Individuals Reporting: 286

Job Description for Product Engineer

Product engineers design and create products, either for the consumer sector or various industries, and also analyze the market and competing products in order to determine customers' needs.

Read More...
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.

Popular Employer Salaries for Product Engineer


Chrysler Group LLC., esri, Micron Technology, Inc., Parker Hannifin Corp, and Texas Instruments, Inc. are all popular places to work. Product Engineers seeking a sizable paycheck can earn the most at Lam Research Incorporated, where the average salary comes to $115K. Other employers shelling out big bucks include Freescale Semiconductor, Inc., FCA Corp, and Analog Devices Inc, where Product Engineers typically earn around $95K, $90K, or $87K, respectively.

TRW Automotive Holdings, Takata, and Johnson Controls Inc also scrape the bottom of the pay scale, with median earnings hovering around $68K, $68K, and $69K.

Common Career Paths for Product Engineer


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Product Engineers who go on to become Product Engineering Managers may see their salaries climb quite a bit. Median pay for Product Engineering Managers is $108K annually. A Senior Product Engineer role is the most common promotion for Product Engineers moving up the ladder, and pay for the position tends to be around the $92K mark. Another typical, albeit less common, transition for Product Engineers is a Mechanical Engineer position, where earnings are usually $64K.

Product Engineer Job Listings

Popular Skills for Product Engineer


Survey results imply that Product Engineers deploy a deep pool of skills on the job. Most notably, skills in Data Analysis, Test Engineering, Pro/Engineer, and Product Development are correlated to pay that is above average. Skills that seem to negatively impact pay include AutoCAD, autodesk autocad, and SolidWorks. For most people, competency in Engineering Design indicates knowledge of Problem Solving and Project Management.

Pay by Experience Level for Product Engineer

Pay by Experience for a Product Engineer has a positive trend. An entry-level Product Engineer with less than 5 years of experience can expect to earn an average total compensation of $68,000 based on 1,198 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Engineer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $77,000 based on 433 salaries. An experienced Product Engineer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $84,000 based on 270 salaries. A Product Engineer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $90,000 based on 117 salaries.

Pay Difference by Location

National Average: $71,397

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

Product Engineers will find that San Jose offers an impressive pay rate, one which exceeds the national average by 39 percent. Product Engineers can also look forward to large paychecks in cities like Dallas (+15 percent), Dearborn (+15 percent), Houston (+9 percent), and Auburn Hills (+9 percent). Location significantly influences compensation, with Mankato Product Engineers earning much less — 27 percent less — than the national average. Workers in Portland and Redlands earn salaries that trail the national average for those in this profession (12 percent less and 4 percent less, respectively).

Product Engineer Reviews

Q: What is it like working as a Product Engineer?

Product Engineer in West Henrietta:
"Many things to do after work with easy commutes."
Pros: Get anywhere in Rochester within 20 minutes. Major stores everywhere.
Cons: Highways during rush hours: 590 - 490 interchange and 590 to 104.

Product Engineer in Rochester:
"Not everything promised is guaranteed."
I would recommend to get it in writing first and signed by whomever has the authority to make those things happened. I did not do so, and now I get a lot of the, "I know you said we promised XYZ, but we didn't write it down, so the specifics are a bit up in the air."

Product Engineer in Milpitas:
"Product Engineer."
Pros: Designing products.
Cons: Not being able to contribute to sales growth.

Product Engineer in Auburn Hills:
"Product Engineer."
Pros: Good group of people in the area and good learning experience.
Cons: Upper management expects everything but does not provide the tools to do so.

Product Engineer in Houston:
Pros: Flexibility and control over current and new products.
Cons:

Product Engineer in Bloomington:
"Rewarding."
Pros: I enjoy the office culture and atmosphere. It is fun and enjoyable to work at MTL. The problem solving aspect is a very rewarding and fun part of my job as well. I enjoy learning new things and refining the skills that I already have.
Cons: The amount of travel at times can be slightly stressful but there isn't anything that I really don't like about my job.

Product Engineer in Warren:
Keep an open mind. Do not assume you know everything; real engineering work is different than book work.

Related Job Salaries

Key Stats for Product Engineer

Gender

Female
13 %
Male
87 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 627 votes.
Less than 1 year
9%
1-4 years
51%
5-9 years
22%
10-19 years
12%
20 years or more
7%

Experience Affects Product Engineer Salaries

▲25%

▲18%

▲7%

National Average
$71,000

▼5%

Skills That Affect Product Engineer Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 627 votes.

Gender

Female
13 %
Male
87 %

Years of Experience

Less than 1 year
9%
1-4 years
51%
5-9 years
22%
10-19 years
12%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 81%
vision benefits
Vision: 70%
no benefits
None: 9%