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Senior Principal Engineer Salary

Compensation for Senior Principal Engineers in the United States is generous, with average pay surpassing six figures annually ($134K). Total incomes of Senior Principal Engineers incorporate potential for, in a few cases, more than $23K from bonuses and close to $15K from profit sharing; these performance components cause packages to range between $100K and $172K. This group's pay is mainly influenced by geography, followed by the specific employer and tenure. Work is enjoyable for Senior Principal Engineers, who typically claim high levels of job satisfaction. Nearly all get medical and dental insurance, and a strong majority get vision plans, too. The data for this synopsis comes from respondents who took the PayScale salary survey.
$96,760 - $160,818
(Median)
$97K
$130K
$160K
MEDIAN: $127,148
10%
50%
90%

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$46.77 - $80.29
(Median)
$47
$64
$80
MEDIAN: $63.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60K$120K$180K
Salary
$96,760 - $160,818  
   
Bonus
$0.00 - $23,097  
Profit Sharing
$804 - $14,803  
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).
)
$99,568 - $171,878  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 808
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$46.77 - $80.29  
   
Overtime
$53.96 - $105.70  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$0.00 - $23,097  
   
Profit Sharing
$804 - $14,803  
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).
)
$99,568 - $171,878  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 37
United States (change)

Job Description for Senior Principal Engineer

A senior principal engineer oversees engineering projects for their organization or business. They may be employed within the electrical, mechanical, computer, civil, or chemical engineering profession. The role of a senior principal engineer is generally similar through all the industries in which they are employed. Responsibilities may include coordinating hiring, training and scheduling; preparing progress reports that are to presented to upper-level management throughout the project's duration; providing guidance and managing the engineering teams working on that project; ensuring the project is completed on time and on budget. and providing technical and program-level support, including execution strategies.

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Senior Principal Engineer Tasks

  • Plan and implement the design specifications for the engineering project.
  • Responsible for making sure financial restraints are followed and for timely completion of the project.
  • Oversee engineering projects using both technical engineering and administrative skills.

Common Career Paths for Senior Principal Engineer


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Senior Principal Engineers may experience a considerable drop in salary when they transition into an upper level Aerospace Engineer position, where pay tends to be around $75K.

Principal Engineer Job Listings

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Popular Employer Salaries for Senior Principal Engineer


Although salaries only range from $144K to just $170K, Broadcom Corporation still offers the highest pay with a median paycheck of $161K.

Employees at Western Digital Corporation take home the smallest paychecks, and $130K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $109K and quickly nearing the top at only $168K.

Popular Skills for Senior Principal Engineer


Senior Principal Engineers report using a wide range of professional skills. Most notably, skills in Engineering Design, Semiconductor, Systems Engineering, Research Analysis, and Engineering Design are correlated to pay that is above average. Skills that pay less than market rate include Manufacturing Process Engineering. Most people who know Engineering Design also know Systems Engineering.

Pay by Experience Level for Senior Principal Engineer

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Senior Principal Engineers, experience does not seem to be a major factor in determining pay. Senior Principal Engineers in the early stages of their careers take home approximately $109K on average. The average for people in the five-to-10 year group is only a little larger at $113K. On average, Senior Principal Engineers make $134K following one to two decades on the job. After two decades in the workforce, the average Senior Principal Engineer generally earns more than ever; median pay for this group is estimated at $141K.

Related Job Salaries

Experience Affects Senior Principal Engineer Salaries



National Average
$134,000


Entry-Level
up arrow 19%

Skills That Affect Senior Principal Engineer Salaries

Engineering Design, Semiconductor
up arrow 19%

Systems Engineering
up arrow 4%

Research Analysis
up arrow 2%

Engineering Design
up arrow 1%

Product Development
up arrow 1%

Project Management
0%

Software Development
0%

National Average
$134,000

Technical Analysis
up arrow 1%

Manufacturing Process Engineering
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 202 votes.

Gender

Female
5 %
Male
95 %

Years of Experience

1-4 years
1%
5-9 years
9%
10-19 years
40%
20 years or more
50%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 90%
vision benefits Vision: 77% employee benefits None: 5%