Principal Electrical Engineer Salary

Average pay for a Principal Electrical Engineer in the United States is considerable, rounding six figures at $123K per year. In the world of Principal Electrical Engineers, total cash compensation can vary between $100K and $172K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $22K and $20K, respectively. This group's pay is mainly influenced by geography, followed by the specific employer and years of experience. Medical benefits are awarded to nearly all, and most earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. The data for this synopsis comes from respondents who took the PayScale salary survey.

$98,780 - $159,640
$99K
$120K
$160K
MEDIAN: $122,555
10%
50%
90%

Add this chart to your site: 640px    300px

$48.20 - $127.50
$48
$61
$130
MEDIAN: $61.04
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$98,780 - $159,640  
   
Bonus
$1,216 - $21,738  
Profit Sharing
$575 - $19,592  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$100,475 - $172,099  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 440
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$48.20 - $127.50  
   
Overtime
$40.57 - $92.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$1,216 - $21,738  
   
Profit Sharing
$575 - $19,592  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$100,475 - $172,099  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 14

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Principal Electrical Engineer

A principal electrical engineer oversees electrical-related building or design projects within their organization, as well as oversees a staff of junior engineers who work in their planning and execution. The principal electrical engineer serves in a project manager capacity, regularly inspecting and reviewing the work being done, noting any needed corrections or adjustments. For many building and design firms, the principal engineer also performs cost forecasting, projections, and estimations; these are essential to provide clients with an accurate assessment of costs. It then falls to the principal electrical engineer to ensure the project comes in at (or near) the forecasted cost.

Read More...

Principal Electrical Engineer Tasks

  • Manage all aspects Electrical Engineering projects from beginning phases until completion.
  • Develop policies and procedures for use of the created products.
  • Develop, design, and test electrical devices.

Common Career Paths for Principal Electrical Engineer


Add this chart to your site:   640px 640px    300px 300px


Principal Electrical Engineers who go on to become Senior Principal Engineers may see somewhat stagnant compensation. On average, a Senior Principal Engineer, an upper-level role, pays $136K.

Principal Electrical Engineer Job Listings

Search for more jobs:

Popular Employer Salaries for Principal Electrical Engineer


Broadcom Corporation offers the largest salaries in town — $150K on average.

Principal Electrical Engineers will find the worst pay at BAE Systems Inc., where the median salary crawls in at $108K. Furthermore, compensation is curbed at $160K, leaving little room for growth.

Popular Skills for Principal Electrical Engineer


Survey results imply that Principal Electrical Engineers deploy a deep pool of skills on the job. Most notably, skills in Simulation, Windows Operating System General Use, Field-Programmable Gate Array, and Board Design / Debug are correlated to pay that is above average, with boosts in pay of 5 percent. Skills that pay less than market rate include Robotics, System Integration, and Software Development. Most people familiar with Engineering Design also know Design and Simulation.

Pay by Experience Level for Principal Electrical Engineer

Pay by Experience for a Principal Electrical Engineer has a positive trend. An entry-level Principal Electrical Engineer with less than 5 years of experience can expect to earn an average total compensation of $114,000 based on 20 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Principal Electrical Engineer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $118,000 based on 62 salaries. An experienced Principal Electrical Engineer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $127,000 based on 231 salaries. A Principal Electrical Engineer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $136,000 based on 223 salaries.

Pay Difference by Location

National Average: $128,959

Larger city markers indicate a job is popular in that location.

With a pay rate for Principal Electrical Engineers that is 30 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Principal Electrical Engineers can also look forward to large paychecks in cities like San Jose (+18 percent), Santa Clara (+18 percent), Los Angeles (+10 percent), and Seattle (+9 percent). With compensation 19 percent below the national average, Milwaukee is not known for hefty paychecks and actually represents the lowest-paying market. Employers in San Diego and Pittsburgh also lean toward paying below-median salaries (16 percent lower and 15 percent lower, respectively).

Principal Electrical Engineer Advice

Q: What is it like working as a Principal Electrical Engineer?

Principal Electrical Engineer in Clearfield:
"Work hard and be patient with the pay raises."
Learn the company's way of doing business. Win people's favor by accepting and completing task on time.

Principal Electrical Engineer in Denver:
"Hindsight is 20/20."
Knowing that I would make a salary at the top of my industry, I probably would have spent more energy learning more to get there faster. I was fortunate it turned out the way it did for me, but chance does not have to be part of the equation if you have the skills someone wants. Study hard, intern with what you love, and go for the area of expertise you really want to spend your life doing. A love for what you do makes it so much easier and rewarding.

Related Job Salaries

Key Stats for Principal Electrical Engineer

Gender

Female
4 %
Male
96 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 55 votes.
1-4 years
1%
5-9 years
8%
10-19 years
42%
20 years or more
49%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Principal Electrical Engineer Salaries

▲5%

National Average
$129,000

▼2%

▼9%

Entry-Level
▼12%

Skills That Affect Principal Electrical Engineer Salaries

▲5%




▲2%



▲1%


National Average
$129,000





System Integration
▼13%

Robotics
▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 55 votes.

Gender

Female
4 %
Male
96 %

Years of Experience

1-4 years
1%
5-9 years
8%
10-19 years
42%
20 years or more
49%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 87%
vision benefits
Vision: 75%
no benefits
None: 4%