Average Late-Career Principal Electrical Engineer Salary

$133,884
Avg. SalaryShow Hourly Rate
$10,374
Bonus
$7,237
Profit Sharing
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The average salary for a Late-Career Principal Electrical Engineer is $133,884.
10%
$106k
MEDIAN
$134k
90%
$169k
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United States (change)
Salary
$106k - $169k
Bonus
$1k - $29k
Profit Sharing
$2k - $20k
Total Pay
$108k - $186k

Your Market Worth Over Time

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Job Description for Principal Electrical Engineer

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.
The top respondents for the job title Principal Electrical Engineer are from the companies Autosplice, Raytheon Co. and Medtronic, Inc.. Reported salaries are highest at Raytheon Space and Airborne Systems where the average pay is $144,828. Other companies that offer high salaries for this role include Raytheon Missile Systems and Raytheon Co., earning around $143,332 and $135,822, respectively. Autosplice pays the lowest at around $107,197. Medtronic, Inc. and Parsons Corporation also pay on the lower end of the scale, paying $118,000 and $122,000, respectively.

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Popular Skills for Principal Electrical Engineer

Skills in Engineering Design, Board Design / Debug, Systems Engineering and Design are correlated to pay that is above average. Skills that pay less than market rate include Project Management.

Pay by Experience Level for Principal Electrical Engineer

An early career Principal Electrical Engineer with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $105,224 based on 23 salaries. A mid-career Principal Electrical Engineer with 5-9 years of experience earns an average total compensation of $119,788 based on 70 salaries. An experienced Principal Electrical Engineer with 10-19 years of experience earns an average total compensation of $124,332 based on 448 salaries.
Employees with Principal Electrical Engineer in their job title in San Francisco, California earn an average of 23.7% more than the national average. These job titles also find higher than average salaries in Houston, Texas (14.0% more) and Los Angeles, California (11.1% more). The lowest salaries can be found in Phoenix, Arizona (14.1% less) and Minneapolis, Minnesota (6.7% less).

Years of Experience

This data is based on 541 survey responses.
Early Career
4.3%
Mid Career
12.9%
Experienced
82.8%