Product Engineer IV Salary in Chicago, Illinois

How much does a Product Engineer IV make in Chicago, IL? The average Product Engineer IV salary in Chicago, IL is $133,897 as of September 26, 2019, but the range typically falls between $123,897 and $143,938. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Skills Associated with Product Engineer IV: Quality Control/Testing, Process Optimization, Product Design, Product Development

Popular jobs: Physical Therapist, Actuary I, Aerospace Engineer I

Salary estimation for Product Engineer IV at companies like : ARAMARK, HILTON WORLDWIDE HOLDINGS, PAPA MURPHY'S HOLDINGS INC

Jobs with a similar salary range to Product Engineer IV : Product Manager, Innovation, Senior Product Manager, Platforms, Medical Director, Neurology

Job Description

Product Engineer IV is responsible for designing and developing a product/product family. Ensures production procedures efficiently utilize materials and personnel. Being a Product Engineer IV tests finished product for quality purposes and recommends changes to product specifications as necessary. Requires a bachelor's degree in engineering. Additionally, Product Engineer IV typically reports to a manager or head of a unit/department. To be a Product Engineer IV typically requires 7+ years of related experience. A specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. (Copyright 2019 Salary.com)

See user submitted job responsibilities for Product Engineer IV.

Take just three simple steps below to generate your own personalized salary report.

Step 1 of 3

Understand the total compensation opportunity for a Product Engineer IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
123897
143938
133897

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
133771
159179
146414
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Product Engineer IV in Chicago, IL. The base salary for Product Engineer IV ranges from $123,897 to $143,938 with the average base salary of $133,897. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $133,771 to $159,179 with the average total cash compensation of $146,414.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

123897
143938

 

Step 3 of 3

Recalculate your target pay based on your unique skills and experiences

Job Openings for Product Engineer IV in Chicago, IL
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%