Philips employees working as Product Development Engineer in US have attributed a compensation and benefits rating of 4.1 out of 5 stars, based on 2 ratings. This is 2% higher than the average of Product Development Engineer professionals at Philips worldwide.
The salary trajectory of a Product Development Engineer ranges between locations and employers. The salary starts at €0 per year (estimate) and goes up to €0 per year (estimate) for the highest level of seniority.
The estimated average salary for a Product Development Engineer at Philips is €118,981 per year or €57 per hour, but some professionals have reported earning up to roughly €176,683 per year (90th percentile). The typical pay range is between €97,537 (25th percentile) and €146,871 (75th percentile) annually. This is based on 4 salaries submitted by Philips Product Development Engineer professionals on Glassdoor, as of Jun 2026.