New Product Development Engineer Salary at Destaco Co Ltd BETA

How much does a Destaco Co Ltd New Product Development Engineer make?

As of December 2024, the average annual salary for a New Product Development Engineer at Destaco Co Ltd is $123,179, which translates to approximately $59 per hour. Salaries for New Product Development Engineer at Destaco Co Ltd typically range from $110,269 to $135,979, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

DESTACO Co Ltd Overview

Website:
destaco.com
Size:
500 - 1,000 Employees
Revenue:
$200M - $500M
Industry:
MFG Durable

Founded in 1915 in Auburn Hills, Michigan. DESTACO is a global leader in the design and manufacture of high-performance automation, workholding, and remote handling solutions.

See similar companies related to Destaco Co Ltd

What Skills Does a person Need at Destaco Co Ltd?

At Destaco Co Ltd, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Machine Learning: Using mathematical models, data, and algorithms to help a computer learn without direct instruction.
  3. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
  4. Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.
  5. Algorithms: Algorithms act as an exact list of instructions that conduct specified actions step by step in either hardware- or software-based routines.

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Check more jobs information at Destaco Co Ltd

Job Title Average Destaco Co Ltd Salary Hourly Rate
2 Planner and Scheduler $80,784 $39
3 Proposals Engineer $85,262 $41
4 Purchasing Administrator $68,732 $33
5 Quality Systems Engineer $106,755 $51
6 Sales Leader $103,802 $50
7 Shipping and Receiving Lead $68,876 $33
8 Strategic Sourcing Specialist $117,096 $56
9 Supervisor, Machining $90,509 $44
10 Supervisor, Production $84,575 $41
11 Supervisor, Shipping and Receiving $68,876 $33
12 Team Leader, Customer Service $77,693 $37
13 Assembler Lead $77,390 $37

Hourly Pay at Destaco Co Ltd

The average hourly pay at Destaco Co Ltd for a New Product Development Engineer is $59 per hour. The location, department, and job description all have an impact on the typical compensation for Destaco Co Ltd positions. The pay range and total remuneration for the job title are shown in the table below. Destaco Co Ltd may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $123,179 look to you?

FAQ about Salary and Jobs at Destaco Co Ltd

1. How much does Destaco Co Ltd pay per hour?
The average hourly pay is $59. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Destaco Co Ltd?
According to the data, the highest approximate salary is about $135,979 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Destaco Co Ltd?
According to the data, the lowest estimated salary is about $110,269 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.