The average salary for a Product Engineer with Product Development skills is $71,772.
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$56k - $95k
$1k - $10k
$789 - $12k
$56k - $99k
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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. Product engineers must be familiar with all parts of the product development cycle and up-to-date with all new technological advancements. Once a product idea has been crafted, feasibility analyses should be carried out to determine if a budget exists for the product and its potential to be profitable. Then…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
The top respondents for the job title Product Engineer are from the companies Chrysler Group LLC., Micron Technology, Inc. and Analog Devices Inc. Reported salaries are highest at Lam Research Incorporated where the average pay is $114,488. Other companies that offer high salaries for this role include Ford Motor Company and Esri, earning around $97,300 and $87,500, respectively. Magna International pays the lowest at around $67,504. Chrysler Group LLC. and Micron Technology, Inc. also pay on the lower end of the scale, paying $76,158 and $80,231, respectively.
Product Engineer Job Listings
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Popular Skills for Product Engineer
Computer Aided Design (CAD)
Skills that pay less than market rate include Microsoft Excel, Computer Aided Design (CAD), Project Management, Problem Solving and Engineering Design.
Pay by Experience Level for Product Engineer
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 $65,096 based on 126 salaries. An early career Product Engineer with 1-4 years of experience earns an average total compensation of $69,112 based on 881 salaries. A mid-career Product Engineer with 5-9 years of experience earns an average total compensation of $77,193 based on 434 salaries. An experienced Product Engineer with 10-19 years of experience earns an average total compensation of $83,995 based on 176 salaries. In their late career (20 years and higher), employees earn an average total compensation of $91,519.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Product Engineer in their job title in San Jose, California earn an average of 39.3% more than the national average. These job titles also find higher than average salaries in Auburn Hills, Michigan (5.1% more) and Detroit, Michigan (4.5% more). The lowest salaries can be found in Milwaukee, Wisconsin (4.8% less) and Troy, Michigan (0.7% less).
Years of Experience
This data is based on 1,713 survey responses.
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