Product Development Engineer Salary at Formosa Plastics Corp BETA

How much does a Formosa Plastics Corp Product Development Engineer make?

As of April 2025, the average annual salary for a Product Development Engineer at Formosa Plastics Corp is $133,288, which translates to approximately $64 per hour. Salaries for Product Development Engineer at Formosa Plastics Corp typically range from $119,341 to $140,781, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Formosa Plastics Corp Overview

Website:
fpcusa.com
Size:
1,000 - 3,000 Employees
Revenue:
$1B - $3B
Industry:
MFG Durable

Founded in 1978 and headquartered in Livingston, New Jersey, Formosa Plastics is a vertically integrated producer of plastic resins and chemicals.

See similar companies related to Formosa Plastics Corp

What Skills Does a person Need at Formosa Plastics Corp?

At Formosa Plastics Corp, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Problem Solving: Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. ISO: The International Organization for Standardization is an international standard development organization composed of representatives from the national standards organizations of member countries.
  4. Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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Check more jobs information at Formosa Plastics Corp

Job Title Average Formosa Plastics Corp Salary Hourly Rate
2 Warehouse Person $51,006 $25
3 Warehouse Specialist $43,710 $21
4 Water Operator $69,533 $33
5 Accounts Payable $60,474 $29
6 Accounts Payable Analyst $73,188 $35
7 Administrative Assistant $64,946 $31
8 Administrative Assistant II $56,026 $27
9 Analyst Assistant $96,867 $47
10 Assistant Vice President $78,092 $38
11 Authorized Inspector $58,884 $28
12 Business Operation Analyst $96,867 $47
13 Buyer $75,267 $36

Hourly Pay at Formosa Plastics Corp

The average hourly pay at Formosa Plastics Corp for a Product Development Engineer is $64 per hour. The location, department, and job description all have an impact on the typical compensation for Formosa Plastics Corp positions. The pay range and total remuneration for the job title are shown in the table below. Formosa Plastics Corp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $133,288 look to you?

FAQ about Salary and Jobs at Formosa Plastics Corp

1. How much does Formosa Plastics Corp pay per hour?
The average hourly pay is $64. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Formosa Plastics Corp?
According to the data, the highest approximate salary is about $140,781 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Formosa Plastics Corp?
According to the data, the lowest estimated salary is about $119,341 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.