Wages for Experienced Principal Mechanical Engineers are generous, with average pay above six figures ($115K) per year. In the world of Experienced Principal Mechanical Engineers, overall cash allowance can occasionally include more than $20K from bonuses and, in some exceptional cases, $10K from profit sharing, causing incomes to vary widely between $98K and $150K. Job satisfaction is high and work is enjoyable for most Experienced Principal Mechanical Engineers. Nearly all report receiving medical and dental coverage from their employers and most collect vision insurance. The information for this snapshot was generated by responses to the PayScale salary survey.

$95,841 - $140,087
(Median)
$96K
$110K
$140K
MEDIAN: $114,791
10%
50%
90%

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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$50K$100K$150K
Salary
$95,841 - $140,087  
   
Bonus
$486.65 - $20,324  
Profit Sharing
$926 - $9,899  
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).
)
$98,336 - $149,652  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 284
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Skills That Affect Principal Mechanical Engineer Salaries

Simulation
up arrow 3%

Computer Aided Design (CAD)
up arrow 2%

ANSYS
up arrow 1%

Product Development
up arrow 1%

ANSYS Simulation Software
up arrow 1%

SolidWorks
0%

Pro/Engineer
0%

Finite Element Analysis (FEA)
0%

National Average
$118,000

Microsoft Office
up arrow 1%

Engineering Design
up arrow 2%

Technical Analysis
up arrow 2%

Project Management
up arrow 2%

Team Leadership
up arrow 6%

Systems Engineering
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
6 %
Male
94 %

Common Health Benefits

medical benefits
Medical: 97%
dental benefits
Dental: 93%
medical benefits
Vision: 86%
dental benefits
None: 1%
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