Senior Principal Engineer Salary

Senior Principal Engineers in the United States can look forward to a sizeable six-figure salary — around $130K per year on average. Cash earnings for Senior Principal Engineers — including $25K in bonuses and $18K in profit sharing proceeds near the top of the pay scale — generally stretch from $101K to $179K depending on individual performance. The company is the biggest factor affecting pay for this group, followed by the particular city and tenure. Most Senior Principal Engineers report high levels of job satisfaction. Almost all receive medical and dental insurance and a fair number get vision insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$98,229 - $164,723
(Median)
$98K
$130K
$160K
MEDIAN: $129,782
10%
50%
90%

Add this chart to your site: 640px    300px

$47.78 - $82.67
(Median)
$48
$67
$83
MEDIAN: $67.00
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
$98,229 - $164,723  
   
Bonus
$0.00 - $25,093  
Profit Sharing
$973 - $18,246  
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).
)
$100,760 - $178,537  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,091
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$32$64$96
Hourly Rate
$47.78 - $82.67  
   
Overtime
$54.30 - $94.70  
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$70K$140K$210K
Bonus
$0.00 - $25,093  
   
Profit Sharing
$973 - $18,246  
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).
)
$100,760 - $178,537  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 37
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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


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


As Senior Principal Engineers make advancements to positions like Aerospace Engineer, salaries may go down sharply. Usually, Aerospace Engineers make $76K.

Principal Engineer Job Listings

Search for more jobs:

Popular Employer Salaries for Senior Principal Engineer


Raytheon Co., BAE Systems Inc., Oracle Corp., Western Digital Corporation, and Broadcom Corporation are among the top companies that take on many Senior Principal Engineers. The biggest paychecks can be found at Oracle Corp. — the median salary there is $165K; however, employees are subject to a wide range in pay, with the lowest salaries sitting near $86K and highest ones in the neighborhood of $190K. Other leaders in compensation levels are Broadcom Corporation at $162K, Raytheon Co. at $158K, and Raytheon Missile Systems, where Senior Principal Engineers annually earn $139K.

Others at the bottom of the scale for this job include BAE Systems Inc. at $128K, Western Digital Corporation at $135K, and Raytheon Missile Systems, where $139K is the norm.

Popular Skills for Senior Principal Engineer


Senior Principal Engineers seem to require a number of specific skills. Most notably, skills in Engineering Design, Semiconductor, Software Development, Product Development, and Systems Engineering are correlated to pay that is above average, with boosts between 6 percent and 14 percent. Skills that pay less than market rate include Manufacturing Process Engineering. For most people, competency in Engineering Design indicates knowledge of Systems Engineering.

Pay by Experience Level for Senior Principal Engineer

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


Senior Principal Engineers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries can reach six figures almost right off the bat; beginning workers who have less than five years' experience bring in a median of $111K per year. Senior Principal Engineers see a median salary of $137K after reaching 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 $144K.

Pay Difference by Location

National Average: $137,387

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

For those looking to make money, Senior Principal Engineers in Santa Clara enjoy an exceptional pay rate, 20 percent above the national average. Senior Principal Engineers will also find cushy salaries in San Jose (+17 percent), San Francisco (+16 percent), Boston (+12 percent), and Los Angeles (+10 percent). Falling short of the national average by 11 percent, the area with the worst salaries is Huntsville. Two other places where employers offer below-median salaries are Denver (8 percent less) and Austin (5 percent less).

Senior Principal Engineer Reviews

What is it like working as a Senior Principal Engineer at Oracle Corp.?

Senior Principal Engineer in Santa Clara:
"Challenging job; company very tightly controlled."
Pros: Challenging work. Many very sharp colleagues to work with.
Cons: Oracle is stingy about supplying employees the tools they need to do their job. For example, even for *engineers*, it only provides mid-range Windows laptops, whereas in our part of the company we need Unix-based, higher-end computers. Many of us end up spending $2500 out of our own pockets to supply the "tools" we need to do our jobs. The other thing I dislike is that the company operates very "top-down" -- decisions are made on top, pushed down, and must be accepted without question. No reasons are given for the decisions, and no appeals are tolerated. There is no transparency; it feels like upper management is saying "we're the parents and you are the children, *that's* why; we don't need to explain our decisions". I'd expect that in the military, but not in a corporation.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Senior Principal Engineer Salaries



National Average
$137,000


Entry-Level
up arrow 19%

Skills That Affect Senior Principal Engineer Salaries

Engineering Design, Semiconductor
up arrow 14%

Software Development
up arrow 10%



Technical Analysis
up arrow 3%

Software Architecture
up arrow 3%

Project Management
up arrow 2%

Engineering Design
up arrow 1%

Research Analysis
0%

National Average
$137,000

Manufacturing Process Engineering
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 190 votes.

Gender

Female
6 %
Male
94 %

Years of Experience

Less than 1 year
0%
1-4 years
1%
5-9 years
8%
10-19 years
40%
20 years or more
51%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 89%
medical benefits
Vision: 77%
dental benefits
None: 5%
ADVERTISEMENT