Engineering jobs are in high demand with workers receiving generous compensation packages and bonuses. Engineering offers ample opportunity for growth and development with transferable skills across an array of fields from software, supply chain and logistics to aerospace. Most roles require at least a bachelor’s degree. To remain competitive, job-seekers should consider specialization or skill-specific programs such as coding boot-camps or certifications.
Recent salaries shared by Product Development Engineer
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Top paying industries
The top 5 paying industries for Product Development Engineer in United States are Information Technology with a median total pay of $131,869, Arts, Entertainment & Recreation with a median total pay of $122,702, Financial Services with a median total pay of $120,741, Aerospace & Defense with a median total pay of $108,735, and Human Resources & Staffing with a median total pay of $106,518.
Information Technology
Top paying companies in Information Technology for Product Development Engineer are Apple, NVIDIA, and AMD.
Frequently asked questions about Product Development Engineer salaries
The average salary for Product Development Engineer is $119,686 per year or $58 per hour, with top earners making up to $177,469 (90th percentile). Typically, pay ranges from $98,195 (25th percentile) to $147,623 (75th percentile) annually. Salary estimates are based on 5381 salaries submitted anonymously to Glassdoor by Product Development Engineer employees.
The highest salary for Product Development Engineer is $147,623 per year, $12,302 per month or $71 per hour.
The lowest salary for Product Development Engineer is $98,195 per year, $8,183 per month or $47 per hour.
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