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Senior Product Development Engineer salary in New Zealand

Average Yearly Salary of Senior Product Development Engineer in New Zealand is approximately 180,578 NZD (90,097 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Senior Product Development Engineer do?

occupation personasA Senior Product Development Engineer is responsible for leading and managing the development of new products or improving existing ones. They work closely with cross-functional teams, including design, engineering, and manufacturing, to ensure the successful execution of product development projects. Their main duties include conducting research and analysis, creating product specifications, developing prototypes, and overseeing the testing and validation process. They also collaborate with marketing and sales teams to identify customer needs and market trends, ensuring that the final product meets market demands. Additionally, they may provide technical support and guidance to junior engineers and contribute to continuous improvement initiatives.

Skills: Senior Product Development Engineer, Product Development, Engineering, Research and Analysis, Prototyping, Testing and Validation
Job industry: Engineering


How much does Senior Product Development Engineer make?

Salary details
How much does Senior Product Development Engineer make?
Estimated Yearly Salary: 180,578 NZD
Estimated Monthly Salary: 15,048 NZD
Estimated Weekly Salary: 3,473 NZD per week
Estimated Hourly Salary: 87 NZD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 174,310 NZD
Estimated Monthly Salary: 14,526 NZD
Estimated Weekly Salary: 3,352 NZD per week
Estimated Hourly Salary: 84 NZD per hour
Last revision of data: 2024-01-03



Senior Product Development Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 90,097 USD
Estimated Monthly Salary: 7,508 USD
Estimated Weekly Salary: 1,733 USD per week
Estimated Hourly Salary: 43 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

New Zealand, a beautiful island country in the southwestern Pacific Ocean, is known for its stunning landscapes, diverse wildlife, and vibrant Maori culture. With a population of around 5 million people, it is sparsely populated compared to its size. The country covers an area of approximately 268,000 square kilometers and consists of two main islands, the North Island and the South Island, along with numerous smaller islands.

Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Senior Product Development Engineer job salary compared to average salary in New Zealand.
Comparison shows that a person working as Senior Product Development Engineer in New Zealand earns on average:
2.23 times the average salary (or 223% of average salary).

Is Senior Product Development Engineer a well paid job?

Yes, our data show that Senior Product Development Engineer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Senior Product Development Engineer?

High salary for Senior Product Development Engineer would be somewhere between 198,636 NZD and 261,838 NZD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Product Development Engineer in New Zealand?

Living in New Zealand the approximate monthly expenses are: 1,938 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 180,578 NZD
Estimated Monthly Salary: 15,048 NZD
Estimated Weekly Salary: 3,473 NZD per week
Estimated Hourly Salary: 87 NZD per hour
By working as Senior Product Development Engineer a person can save up to 5,570 USD per month or 66,836 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in New Zealand, see costs of living in New Zealand.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Australia, Fiji, New Caledonia, Tonga, Samoa.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Senior Product Development Engineer

Australia is 112,330 USDup arrow 25%
Details on Senior Product Development Engineer salary in Australia
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in New Zealand

(1,008,623 NZD per year, pre-tax.)
(843,890 NZD per year, pre-tax.)
(810,735 NZD per year, pre-tax.)
(786,864 NZD per year, pre-tax.)
(786,039 NZD per year, pre-tax.)
(769,764 NZD per year, pre-tax.)
(768,008 NZD per year, pre-tax.)
(767,682 NZD per year, pre-tax.)
(767,202 NZD per year, pre-tax.)
(766,991 NZD per year, pre-tax.)

Data as of 2025

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The salary figures on this website are meant for informational use only.
All salary data on this website are for informational use exclusively. We gather data from various trusted databases, yet cannot ensure complete accuracy. Before making career decisions, visitors should cross-check with external authoritative sources. Salaries fluctuate due to several factors, including negotiation skills, industry demand, and experience levels. We disclaim any liability for misrepresentations in the salary estimates provided here. Your engagement with this website constitutes agreement of this disclaimer.
Salary information displayed on this site is informational only. Our figures are compiled various inputs, but we do not guarantee their accuracy. Users must always verify salary details with official resources before making job-related commitments. Salaries differ due to individual experience, market demand, and employer policies. We cannot offer any assurances about the completeness of the provided salary data. By navigating this site, you agree these limitations.