NOV employees working as Product Development Engineer in US have attributed a compensation and benefits rating of 4.6 out of 5 stars, based on 2 ratings. This is 84% higher than the average of Product Development Engineer professionals at NOV 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 NOV is $119,742 per year or $58 per hour, but some professionals have reported earning up to roughly $177,532 per year (90th percentile). The typical pay range is between $98,248 (25th percentile) and $147,684 (75th percentile) annually. This is based on 11 salaries submitted by NOV Product Development Engineer professionals on Glassdoor, as of Jul 2026.
Product Development Engineer professionals typically earn between $47 and $71 per hour.
Product Development Engineer professionals typically earn between $8,187 and $12,307 monthly.