A person working as a Product Development Engineer in Bulgaria typically earns around 3,150 BGN per month. Salaries range from 1,640 BGN (lowest) to 4,810 BGN (highest).
This is the average monthly salary including housing, transport, and other benefits. Product Development Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Product Development Engineer salaries in Bulgaria range from 1,640 BGN per month (minimum salary) to 4,810 BGN per month (maximum salary).
The median salary is 3,020 BGN per month, which means that half (50%) of people working as Product Development Engineer(s) are earning less than 3,020 BGN while the other half are earning more than 3,020 BGN. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Product Development Engineer(s) are earning less than 2,100 BGN while 75% of them are earning more than 2,100 BGN. Also from the diagram, 75% of Product Development Engineer(s) are earning less than 3,760 BGN while 25% are earning more than 3,760 BGN.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Product Development Engineer salaries by experience level and this is what we found.
A Product Development Engineer with less than two years of experience makes approximately 1,860 BGN per month.
While someone with an experience level between two and five years is expected to earn 2,490 BGN per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 3,240 BGN per month, 30% more than someone with two to five years of experience.
Additionally, Product Development Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 3,920 BGN per month, 21% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 4,290 BGN per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 4,510 BGN per month, 5% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+30%|
|10 - 15 Years||+21%|
|15 - 20 Years||+9%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Product Development Engineer salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Product Development Engineer is 2,620 BGN per month.
While someone with a Master's Degree gets a salary of 3,640 BGN per month, 39% more than someone having a Bachelor's Degree degree.
A Master's degree program or any post-graduate program in Bulgaria costs anywhere from 16,500 Bulgarian Lev(s) to 49,500 Bulgarian Lev(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Product Development Engineer employees in Bulgaria earn 6% more than their female counterparts on average.
Product Development Engineer(s) in Bulgaria are likely to observe a salary increase of approximately 10% every 21 months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in Bulgaria for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Product Development Engineer is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
50% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 50% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Product Development Engineer is 13% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.
|Job Title||Average Salary|
|Acoustics Engineer||2,820 BGN||-10%|
|Assembly Engineering Technician||2,270 BGN||-28%|
|Assistant Chief Engineer||3,410 BGN||+8%|
|Associate Engineer||2,740 BGN||-13%|
|Autocad Operator||1,850 BGN||-41%|
|Automation Engineer||3,180 BGN||+1%|
|Avionic System Support Engineer||2,880 BGN||-8%|
|Biochemical Engineer||2,680 BGN||-15%|
|BMS Engineer||2,710 BGN||-14%|
|Bridge and Lock Tender||1,650 BGN||-48%|
|Broadcast Engineer||2,760 BGN||-12%|
|CAD Design Engineer||2,990 BGN||-5%|
|CAD Designer||1,870 BGN||-41%|
|CAE Engineer||3,030 BGN||-4%|
|Ceramics Engineer||2,610 BGN||-17%|
|Civil Engineer||3,040 BGN||-3%|
|Commissioning Engineer||2,930 BGN||-7%|
|Communications Engineer||3,150 BGN||+0%|
|Condition Monitoring Engineer||2,630 BGN||-16%|
|Contract Associate Engineer||2,720 BGN||-14%|
|Control Systems Engineer||3,000 BGN||-5%|
|Controls Engineer||2,820 BGN||-10%|
|Controls Software Engineer||2,520 BGN||-20%|
|Corrosion Engineer||2,700 BGN||-14%|
|Design Engineer||3,120 BGN||-1%|
|Drafting Manager||3,380 BGN||+7%|
|Drilling Engineer||2,770 BGN||-12%|
|Electrical Draughtsman||1,530 BGN||-51%|
|Electrical Engineer||3,240 BGN||+3%|
|Electrical Engineering Manager||4,380 BGN||+39%|
|Electromechanical Engineering Technologist||3,110 BGN||-1%|
|Electromechanical Equipment Assembler||1,570 BGN||-50%|
|Energy Engineer||3,170 BGN||+1%|
|Engine Assembler||1,380 BGN||-56%|
|Engineering Account Manager||3,430 BGN||+9%|
|Engineering Chief Designer||3,220 BGN||+2%|
|Engineering Consultant||4,030 BGN||+28%|
|Engineering Key Account Manager||4,040 BGN||+28%|
|Engineering Lab Technician||2,840 BGN||-10%|
|Engineering Planning Manager||4,020 BGN||+28%|
|Engineering Production Manager||5,470 BGN||+74%|
|Engineering Project Analyst||3,500 BGN||+11%|
|Engineering Project Coordinator||3,590 BGN||+14%|
|Engineering Project Director||6,050 BGN||+92%|
|Engineering Project Manager||4,130 BGN||+31%|
|Engineering Research and Development Manager||4,950 BGN||+57%|
|Engineering Safety Coordinator||2,380 BGN||-24%|
|Engineering Sales Manager||4,150 BGN||+32%|
|Engineering Technician||2,290 BGN||-27%|
|Engineering Technologist||2,410 BGN||-23%|
|Environmental Engineer||2,890 BGN||-8%|
|Equipment Engineer||2,780 BGN||-12%|
|Equipment Engineering Manager||3,750 BGN||+19%|
|Fabrication Specialist||2,040 BGN||-35%|
|Facade Engineer||2,830 BGN||-10%|
|Fiber Analyst||1,640 BGN||-48%|
|Field Engineer||3,060 BGN||-3%|
|Field Engineering Manager||5,140 BGN||+63%|
|Fire Engineer||2,960 BGN||-6%|
|Fitter and Turner||980 BGN||-69%|
|Forestry Strategic Planner||3,530 BGN||+12%|
|Generation Engineer||3,050 BGN||-3%|
|Genetic Engineer||3,290 BGN||+5%|
|Geological Engineer||3,010 BGN||-4%|
|Geotechnical Engineer||3,030 BGN||-4%|
|Heavy Equipment Mechanic||1,540 BGN||-51%|
|Highway Engineer||2,930 BGN||-7%|
|HSE Professional||2,800 BGN||-11%|
|HVAC Engineer||3,240 BGN||+3%|
|HVAC Supervisor||2,830 BGN||-10%|
|Industrial Engineer||2,740 BGN||-13%|
|Industrial Engineering Technologist||2,860 BGN||-9%|
|Instrument Engineer||2,930 BGN||-7%|
|Instrumentation and Control Engineer||2,850 BGN||-9%|
|Instrumentation Engineer||2,830 BGN||-10%|
|Instrumentation Manager||3,040 BGN||-3%|
|Irrigation Engineer||2,850 BGN||-9%|
|Licensed Aircraft Engineer||3,100 BGN||-1%|
|Locomotive Engineer||2,810 BGN||-11%|
|Maintenance Engineer||2,850 BGN||-9%|
|Maintenance Fitter||1,020 BGN||-68%|
|Maintenance Manager||3,060 BGN||-3%|
|Manufacturing Engineer||2,730 BGN||-13%|
|Marine Engineer||2,950 BGN||-6%|
|Materials Engineer||2,970 BGN||-6%|
|Materials Researcher||2,880 BGN||-8%|
|Materials Technician||2,140 BGN||-32%|
|Mechanical and Electrical Engineer||3,030 BGN||-4%|
|Mechanical Design Engineer||3,170 BGN||+1%|
|Mechanical Designer||2,650 BGN||-16%|
|Mechanical Engineer||3,020 BGN||-4%|
|Mechanical Engineering Manager||4,110 BGN||+31%|
|Mechanical Inspector||2,790 BGN||-11%|
|Mechatronics Engineer||3,190 BGN||+1%|
|Mining Engineer||2,880 BGN||-8%|
|Oil and Petrochemical Engineer||3,090 BGN||-2%|
|Optical Engineer||2,860 BGN||-9%|
|Optical Instrument Assembler||1,540 BGN||-51%|
|PCB Assembler||1,090 BGN||-65%|
|Photonics Engineer||3,320 BGN||+6%|
|Photonics Technician||2,530 BGN||-20%|
|Pipeline Engineer||2,820 BGN||-10%|
|Piping Designer||1,560 BGN||-50%|
|Piping Engineer||2,720 BGN||-14%|
|Planning Engineer||3,010 BGN||-4%|
|Pressure Vessel Inspector||1,470 BGN||-53%|
|Principal Cost Engineer||2,880 BGN||-8%|
|Principal Engineer||3,000 BGN||-5%|
|Principal Support Engineer||3,100 BGN||-1%|
|Process Engineer||2,900 BGN||-8%|
|Process Operator||1,680 BGN||-47%|
|Product Development Engineer||3,150 BGN||+0%|
|Product Development Technician||2,070 BGN||-34%|
|Product Engineer||2,940 BGN||-7%|
|Product Safety Engineer||2,840 BGN||-10%|
|Production Engineer||2,960 BGN||-6%|
|Project Engineer||3,090 BGN||-2%|
|Proposal Manager||3,710 BGN||+18%|
|Purchasing Engineer||2,780 BGN||-12%|
|Quality Assurance Engineer||2,990 BGN||-5%|
|Rail Engineer||2,840 BGN||-10%|
|Robotics Engineer||3,450 BGN||+10%|
|Robotics Technician||2,340 BGN||-26%|
|Safety Engineer||2,910 BGN||-8%|
|Safety Inspector||2,340 BGN||-26%|
|Safety Manager||3,440 BGN||+9%|
|Safety Officer||1,550 BGN||-51%|
|Sales Engineer||3,180 BGN||+1%|
|Scheduling Engineer||2,750 BGN||-13%|
|Service Engineer||3,130 BGN||-1%|
|Solar Engineer||3,200 BGN||+2%|
|Staff Engineer||2,910 BGN||-8%|
|Static Equipment Engineer||2,770 BGN||-12%|
|Stationary Engineer||2,650 BGN||-16%|
|Stress Engineer||2,630 BGN||-16%|
|Structural Analysis Engineer||2,870 BGN||-9%|
|Structural Designer||2,550 BGN||-19%|
|Structural Engineer||2,970 BGN||-6%|
|Structural Technician||1,820 BGN||-42%|
|Supply Chain Specialist||2,840 BGN||-10%|
|Technical Affairs Officer||1,500 BGN||-52%|
|Technical Assistant||1,500 BGN||-52%|
|Technical Engineer||2,500 BGN||-21%|
|Technical Support Engineer||2,630 BGN||-16%|
|Tender Engineer||2,630 BGN||-16%|
|Test Development Engineer||2,970 BGN||-6%|
|Transportation Engineer||2,860 BGN||-9%|
|Validation Engineer||2,680 BGN||-15%|
|Verification Engineer||2,740 BGN||-13%|
|Wastewater Engineer||2,930 BGN||-7%|
|Wind Energy Engineer||3,120 BGN||-1%|
|Wind Energy Operations Manager||3,820 BGN||+21%|
|Work Planner||1,990 BGN||-37%|
|Stara Zagora||2,800 BGN|
Where can you get paid more, working for a private company or for the government? Public sector employees in Bulgaria earn 9% more than their private sector counterparts on average across all sectors.
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