Average Product Engineer Salary in Melbourne, Victoria

The line graph shows Product 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 Engineer working less than a year in a company, you notice that their annual salary starts around $56,853.31.

As the years of experience reaches 1 to 4, there is a significant increase of $363.07 which would give a total wage of AUD57,216.38.

Once the experience reaches 5-9 years Product Engineer salary would increase again to a total of $78,750.00, adding $21,533.62 from the last salary increase.

The bar graph data indicates the importance of specific skills which can have a direct impact on Product Engineer's salary. It clearly highlights the skills needed for a post of Product Engineer when hired by an employer.

The most vital skill expected of Product Engineer is Problem Solving which impacts the most than the rest of the skills indicated with a staggering 19% comparatively. Therefore, one’s salary would greatly depend on their skills in Problem Solving.

The skill least likely to affect one’s pay would be Product Development with 2%. It can be said that Product Development skill will unlikely impact the salary.

This combination of a line and the bar graph shows how the experience affects the salary of Product 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 $55,165.00 whereas the highest earning is $80,866.00 which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of $80,866.00 at 29%. So to summerize, Entry Level earns 12% less than the average salary, Early Career earns 6% less than the average salary, Mid Carrer earns 29% more than the average salary.