As of April 01, 2025, the average annual salary for a Packaging Engineer V in Merritt Island, FL is $146,581. Salary.com reports that pay typically ranges from $137,450 to $153,012, with most professionals earning between $129,137 and $158,868.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $168,683 | $14,057 | $3,244 | $81 |
| Average | $161,593 | $13,466 | $3,108 | $78 |
| 25th Percentile | $151,527 | $12,627 | $2,914 | $73 |
An entry-level Packaging Engineer V with under 1 year experience makes about $142,901. With less than 2 years of experience, a mid-level Packaging Engineer V makes around $143,583. After 2-4 years, the Packaging Engineer V pay rises to about $143,855. Those senior Packaging Engineer V with 5-8 years of experience earn roughly $145,218, and those Packaging Engineer V having 8 years or more experience are expected to earn about $148,693 on average.
| Levels | Salary |
|---|---|
| Entry Level Packaging Engineer V | $142,901 |
| Intermediate Level Packaging Engineer V | $143,583 |
| Senior Level Packaging Engineer V | $143,855 |
| Specialist Level Packaging Engineer V | $145,218 |
| Expert Level Packaging Engineer V | $148,693 |
| Entry Level | 12% |
| Mid Level | 11% |
| Senior Level | 11% |
| Top Level | 10% |
| Experienced | 8% |
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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.
Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
Cost Reduction: Cost reduction is the process used by companies to reduce their costs and increase their profits. Depending on a company’s services or product, the strategies can vary. Every decision in the product development process affects cost. Companies typically launch a new product without focusing too much on cost. Cost becomes more important when competition increases and price becomes a differentiator in the market.
| Skill | Salary | Demand |
|---|---|---|
|
Verbal Communication
|
$205,213 |
40%
|
|
Research and Development
|
$174,431 |
19%
|
|
Coordination
|
$167,102 |
14%
|
|
Process Improvement
|
$161,239 |
10%
|
|
Teamwork
|
$158,307 |
8%
|
|
Integrity
|
$156,842 |
7%
|
