Average Product Development Engineer Salary in Melbourne, Victoria

Annual Base Salary - $78,966.00/year

The average annual salary of Product Development Engineer is $78,966.00

$60,900.00
Low
$78,966.00
Average
$97,010.00
High

The starting salary of Product Development Engineer is between $51,765.00 and $60,900.00 whereas the maximum salary range is between $97,010.00 and $111,562.00.

Minimum Annual PayMaximum Annual Pay
$51,765.00$111,562.00
Bonus Range: Tooltip
$0.00 - $5,400.00
$0.00
$111,562.00
promotional offer
  • Currency : AUD
  • Annual Salary : $78,966.00
  • Weekly Pay : $1,393.00
  • Fortnightly Salary : $2,786.00
  • Monthly Salary : $6,037.00

Product Development Engineer Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Product Development Engineer. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Product Development Engineer compared to female. Their involvement is 88% while of female is only 12%.

Salary Distribution Based on Years of Experience

The line graph shows Product Development Engineer salary in Melbourne, Victoria, Australia on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Product Development Engineer having experience between 1-4 years, their salary is around $74,708.32.

Once the experience reaches 5-9 years Product Development Engineer salary would increase again to a total of $81,445.10, adding $6,736.78 from the last salary increase.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $93,743.22.

Prominent Skills Affecting Product Development Engineer Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Product Development Engineer's salary. It clearly highlights the skills needed for a post of Product Development Engineer when hired by an employer. The skill that is required for Product Development Engineer is Engineering Design that affects the salary by 4%.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Product Development Engineer. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is $78,966.00 whereas the highest earning is $97,918.00 which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of $97,918.00 at 24%. So to summerize, Early Career earns 0% less than the average salary, Mid Carrer earns 6% more than the average salary, Late Career earns 24% more than the average salary.

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