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Product Development Engineer Salary at Hovertech International BETA

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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
25% $85,557 10% $76,522 90% $105,764 75% $100,894 $95,541 50%(Median)
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As of October 2026, the average salary for Product Development Engineer at Hovertech International in the United States is $95,541 per year, which is equivalent to an hourly rate of approximately $46. Most salaries for this position fall within the range of $85,557 to $100,894 annually.

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Product Development Engineer Salary by Experience Level at Hovertech International

The following compensation progression is modeled by anchoring Hovertech International's median pay against proprietary Retail & Wholesale career trajectories. This analysis estimates how Product Development Engineer earnings typically scale from entry-level to principal roles, reflecting the specific growth curves standard within the Retail & Wholesale sector.

Level & Experience Est. Annual Base Est. Hourly Rate Salary Progression
Starting Pay 0-1 Year (Entry) $89,426 $42.99 Baseline
Early Career 1-3 Years (Junior) $95,388 $45.86 +6.7%
Market Median 4-6 Years (Anchor) $95,541 $45.93 Average
Seasoned 7-10 Years (Senior) $107,312 $51.59 +20.0%
High Performance 10-14 Years (Lead) $114,267 $54.94 +27.8%
Top Earner 15+ Years (Expert) $129,172 $62.10 +44.4%

Is Hovertech International's Product Development Engineer Salary Competitive?

The scorecard below provides a multi-dimensional analysis of Product Development Engineer compensation at Hovertech International. By comparing base salary against direct industry competitors, state-level averages, and local city benchmarks.
Benchmark
Entity		 Avg. Annual Salary Est. Hourly rate
Retail & Wholesale Industry Avg. $102,690 $49.37
Allentown, PA City Avg. $99,985 $48.07
Pennsylvania State Avg. $99,555 $47.86
National Average National Avg. $100,005 $48.08

Key Skills & Their Impact on a Product Development Engineer at Hovertech International?

To succeed and maximize your earning potential as a Product Development Engineer at Hovertech International, a specific set of skills is crucial. The competencies listed below are highly valued. Explore the skills that can boost your compensation.

Skills Level of importance Description
Problem Solving
Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
ISO
The International Organization for Standardization is an international standard development organization composed of representatives from the national standards organizations of member countries.
Supply chain
A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
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.
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Product Development Engineer Career Path and Growth Opportunities

Understanding the career path for a Product Development Engineer can help you plan long-term professional growth. Below is a typical career progression for a Product Development Engineer, highlighting common next-step roles and opportunities for increased responsibility and compensation.

Base Salary $100,005
Total Compensation $120,360
Base Salary $132,769
Total Compensation $182,838
Base Salary $134,096
Total Compensation $194,217
Base Salary $100,005
Total Compensation $120,360
Base Salary $112,707
Total Compensation $173,303
Base Salary $119,600
Total Compensation $159,632
Base Salary $100,005
Total Compensation $120,360
Base Salary $125,869
Total Compensation $150,648
Base Salary $125,303
Total Compensation $133,007
Base Salary $100,005
Total Compensation $120,360
Base Salary $125,869
Total Compensation $137,093
Base Salary $144,588
Total Compensation $147,959

HoverTech International Overview

Website
www.hovermatt.com
Founded In
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
4482 Innovation Way Allentown Pennsylvania PA 18109
Revenue
$5 Million - $10 Million
Phone Number
+1 8004712776
Social Media
About HoverTech International
HoverTech International is the world leader in air-assisted patient handling technologies. Through a complete line of quality patient transfer, repositioning and handling products, HoverTech is focused solely on the safety of the caregiver and patient. The comprehensive line of devices includes disposable and reusable products to meet the budget, patient care and infection control needs of the fac

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FAQ about Salary and Jobs at Hovertech International

FAQ 1: How much does Hovertech International pay per hour?
The average hourly pay is $46. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
FAQ 2: What is the highest salary at Hovertech International?
According to the data, the highest approximate salary is about $100,894 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
FAQ 3: What is the lowest pay at Hovertech International?
According to the data, the lowest estimated salary is about $85,557 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
FAQ 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.

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