Microchip Technology employees working as Product Engineer II in US have attributed a compensation and benefits rating of 3.8 out of 5 stars, based on 3 ratings. This is 3% higher than the average of Product Engineer II professionals at Microchip Technology worldwide.
The salary trajectory of a Product Engineer II ranges between locations and employers. The salary starts at $113,627 per year (estimate) and goes up to $269,214 per year (estimate) for the highest level of seniority.
The estimated average salary for a Product Engineer II at Microchip Technology is $134,357 per year or $65 per hour, but some professionals have reported earning up to roughly $185,501 per year (90th percentile). The typical pay range is between $114,946 (25th percentile) and $159,434 (75th percentile) annually. This is based on 9 salaries submitted by Microchip Technology Product Engineer II professionals on Glassdoor, as of Jul 2026.
Product Engineer II professionals typically earn between $55 and $77 per hour.
Product Engineer II professionals typically earn between $9,579 and $13,286 monthly.