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How much does a Packaging Development Engineer IV make?

As of December 01, 2024, the average annual pay of Packaging Development Engineer IV in Chicago, IL is $147,600. While Salary.com is seeing that Packaging Development Engineer IV salary in Chicago, IL can go up to $169,379 or down to $126,776, but most earn between $136,700 and $159,000. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Packaging Development Engineer IV in the United States.

Packaging Development Engineer IV Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $159,000 $13,250 $3,058 $76
Average $147,600 $12,300 $2,838 $71
25th Percentile $136,700 $11,392 $2,629 $66

Average Salary

25% $136,700 10% $126,776 90% $169,379 75% $159,000 $147,600 50%(Median) Didn’t find job title? Click
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View Packaging Development Engineer IV Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Packaging Development Engineer IV salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Packaging Development Engineer IV hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
Last Updated on December 01, 2024
Levels Salary
Entry Level Packaging Development Engineer IV $141,216
Intermediate Level Packaging Development Engineer IV $142,022
Senior Level Packaging Development Engineer IV $142,828
Specialist Level Packaging Development Engineer IV $145,731
Expert Level Packaging Development Engineer IV $151,425
$141,216 0 yr
$142,022 < 2 yrs
$142,828 2-4 yrs
$145,731 5-8 yrs
$151,425 > 8 yrs
Last Updated on December 01, 2024
Entry Level 4%
Mid Level 4%
Senior Level 3%
Top Level 1%
Experienced 3%
View as graph
Last Updated on December 01, 2024

Job Openings of Packaging Development Engineer IV

Salary.com job board provides millions of Packaging Development Engineer IV information for you to search for. Click on search button below to see Packaging Development Engineer IV job openings or enter a new job title here.

Cost of Living In Chicago, IL

Cost of Living in Chicago , IL is
12.4% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Packaging Development Engineer IV

What skills does a Packaging Development Engineer IV need?

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.

Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.

2.

Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.

3.

Cost Reduction: Cost reduction is the process used by companies to reduce their costs and increase their profits. Depending on a company’s services or product, the strategies can vary. Every decision in the product development process affects cost. Companies typically launch a new product without focusing too much on cost. Cost becomes more important when competition increases and price becomes a differentiator in the market.

Project Management 2.3%
Product Development 1.28%
Cost Reduction 0.77%
Others 95.65%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Packaging Development Engineer IV higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master AutoCAD, you can get a 19% salary raise. If you are good at Industrial Engineering, your salary will increase by 14%. If you are expert in Verification and Validation, your salary will rise by 12%.
Skill Salary Demand
AutoCAD
$175,644
19%
Industrial Engineering
$168,264
14%
Verification and Validation
$165,312
12%
ISO
$163,836
11%
Products and Services
$162,360
10%
Self-Directed
$162,360
10%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Packaging Development Engineer IV is $147,600 per year in Chicago, IL, updated at December 01, 2024.
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