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Product Development Engineer

Product Development Engineer
Current Employee
Has worked at Ford for 20 years
February 9, 2017
Dearborn, Michigan
3.0
RecommendsPositive OutlookApproves of CEO
Pros

As a mechanical engineer, there are many interesting projects to work on, depending on your interests.

Training opportunities exist.

It is family-friendly, depending on the supervisor.

Cons
  1. It is sometimes difficult to move to a new job.

  2. Profit sharing is not competitive in the industry. As a non-supervisory design engineer with more than 10 years of experience, profit sharing will be approximately 6% or $6,000 based on 2016 profit of $10.4 billion. Using GM as a comparison, based on profit of $12.5 billion, a non-supervisory design engineer will receive profit sharing of 11-13% of base salary with a 165% multiplier or ~$23,500.

Hopefully, Ford will improve compensation in the future.

Advice to Management

Be more open to cross-functional development opportunities.

Try to keep profit sharing/compensation competitive in the industry in order to attract good talent. If we keep being non-competitive in compensation, we will lose good talent and not be able to attract good talent.

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