Average Product Engineer Salary in Canada

Annual Base Salary - $72,225.00/year

The average annual salary of Product Engineer is $72,225.00

$56,710.00
Low
$72,225.00
Average
$94,340.00
High

The starting salary of Product Engineer is between $48,204.00 and $56,710.00 whereas the maximum salary range is between $94,340.00 and $108,491.00.

Minimum Annual PayMaximum Annual Pay
$48,204.00$108,491.00
Average Hourly Pay - $30.14/hour

The average hourly pay of Product Engineer is $30.14.

$27.30
Low
$30.14
Average
$37.06
High

The starting hourly rate is between $23.00 and $27.30 for Product Engineer whereas the maximum hourly wage is between $37.06 and $43.00.

Minimum Hourly PayMaximum Hourly Pay
$23.00$43.00
Bonus Range: Tooltip
$1,042.00 - $10,900.00
$1,042.00
$108,491.00
Profit Sharing: Tooltip
$1,016.00 - $2,180.00
$1,016.00
$108,491.00
  • Currency : CAD
  • Annual Salary : $72,225.00
  • Hourly Pay : $30.14
  • Weekly Pay : $1,286.00
  • Fortnightly Salary : $2,572.00
  • Monthly Salary : $5,573.00

Product Engineer Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Product 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 Engineer compared to female. Their involvement is 87% while of female is only 13%.

Salary Distribution Based on Years of Experience

The line graph shows Product Engineer salary in Canada 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 $57,846.88.

As the years of experience reaches 1 to 4, there is a significant increase of $7,481.82 which would give a total wage of CAD65,328.70.

Once the experience reaches 5-9 years Product Engineer salary would increase again to a total of $74,629.30, adding $9,300.60 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 $82,838.33.

And finally, once the Product Engineer gains 20 years of experience or more, their salary would reach $96,070.63.

Prominent Skills Affecting Product Engineer Salary

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 Product Support which impacts the most than the rest of the skills indicated with a staggering 21% comparatively. Therefore, one’s salary would greatly depend on their skills in Product Support.

The skill least likely to affect one’s pay would be Product Development with 1%. It can be said that Product Development skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

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 $59,947.00 whereas the highest earning is $97,504.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of $97,504.00 at 35%. So to summerize, Entry Level earns 17% less than the average salary, Early Career earns 5% less than the average salary, Mid Carrer earns 5% more than the average salary, Late Career earns 17% more than the average salary, Experienced earns 35% more than the average salary.

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