Experienced Principal Mechanical Engineer Salary

Generous salaries abound for Experienced Principal Mechanical Engineers , with average pay above six figures ($116K) per year. Final cash compensation to Experienced Principal Mechanical Engineers varies from around $99K to approximately $148K; choice pay grades include potential for bonuses and profit sharing as high as $20K and $12K, respectively. For the most part, Experienced Principal Mechanical Engineers enjoy their work and report high levels of job satisfaction. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to most. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$96,443 - $139,324
$96K
$120K
$140K
MEDIAN: $115,769
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
$96,443 - $139,324  
   
Bonus
$488.67 - $20,071  
Profit Sharing
$930 - $12,080  
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).
)
$98,906 - $148,248  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 260
© PayScale, Inc. @ www.payscale.com

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Pay Difference by Location

National Average: $118,841

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

For Experienced Principal Mechanical Engineers, working in the bustling city of Irvine has its advantages, including an above-average pay rate. Experienced Principal Mechanical Engineers will also find cushy salaries in San Diego (+13 percent), San Jose (+11 percent), Boston (+9 percent), and Minneapolis (+6 percent). The lowest-paying market is Chandler, which sits 10 percent below the national average.

Key Stats for Principal Mechanical Engineer

Gender

Female
5 %
Male
95 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.
10-19 years
81%
20 years or more
19%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Principal Mechanical Engineer Salaries

Pro/Engineer
▲5%

Simulation
▲3%

SolidWorks
▲1%

Finite Element Analysis (FEA)
▲1%

Product Development
▼0%

ANSYS
▼0%

Computer Aided Design (CAD)
▼0%

National Average
$119,000

Project Management
▼1%

Microsoft Office
▼1%


Technical Analysis
▼2%

ANSYS Simulation Software
▼2%

Team Leadership
▼7%

Systems Engineering
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.

Gender

Female
5 %
Male
95 %

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 90%
vision benefits
Vision: 81%
dental benefits
None: 3%
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