Annual salaries range from £22,416 to £40,788. Below is the full range of pay both before and after tax:
Lowest | Average | Upper | |
---|---|---|---|
Pre-tax | £22,416 (£1,868 p/mth) |
£30,636 (£2,553 p/mth) |
£40,788 (£3,399 p/mth) |
Pre-tax Income Percentile | 46th | 66th | 80th |
Post-tax | £18,780 (£1,565 p/mth) |
£24,372 (£2,031 p/mth) |
£31,272 (£2,606 p/mth) |
Post-tax Income Percentile | 40th | 59th | 74th |
Percentage Tax Deduction | 16% | 20% | 23% |
Product development engineers are responsible for managing design, prototyping, and product development testing. These engineers assess the mechanical design features of the product and determine if the product meets the desired standards and functions.
Compare the average salary of a product development engineer to your salary:
Below are the range of mortgages typically affordable for a single applicant product development engineer:
Lowest | Average | Upper | |
---|---|---|---|
average gross salary | £22,416 | £30,638 | £40,791 |
max mortgage | £100,872 | £137,871 | £183,560 |
deposit paid | £11,208 | £15,319 | £20,396 |
max purchase price | £112,080 | £153,190 | £203,956 |
mortgage repayment p.mth (2.5%|25yr) | £458 | £625 | £833 |