$135,257
Avg. Salary
$68.48
Avg. Hourly Rate

Average additional compensation:

$12,096

Bonus

$7,767

Profit Sharing

$15,000

Commission

What am I worth?
How should I pay?

The average pay for a Principal Software Engineer with Software Development skills is $68.48 per hour.

The average pay for a Principal Software Engineer with Software Development skills is $135,257 per year.

10%
$53.32
10%
$68.48
50%
$101.86
90%
90%
MEDIAN $68.48
10%
$104k
10%
$135k
50%
$171k
90%
90%
MEDIAN $135,257
$104,209 - $171,477
$100K
$140K
$170K
MEDIAN: $135,257
10%
50%
90%

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$53.32 - $102
$53
$68
$100
MEDIAN: $68.48
10%
50%
90%

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$0$187K
Salary $104,209 - $171,477
Bonus $2,933 - $25,626
Profit Sharing $1,559 - $25,655
Commission $15,000
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).
)
$108,728 - $187,495
  • Country: United States
  • Currency: USD
  • Updated: 9 May 2019
  • Individuals Reporting: 1,681
Hourly Data $0$101
Hourly Rate $53.32 - $102
Overtime $10.21 - $97.87
Annual Data $0$187K
Bonus $2,933 - $25,626
Commission $15,000
Profit Sharing $1,559 - $25,655
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).
)
$108,728 - $187,495
  • Country: United States
  • Currency: USD
  • Updated: 9 May 2019
  • Individuals Reporting: 31

Job Description for Principal Software Engineer

Principal software engineers are in charge of most of the technical aspects of an organization's projects. You could consider them to be architects of sorts given the vast scope of work they do on a regular basis. Their primary function is being able to scale projects efficiently while maximizing performance and minimizing costs. They can also oversee development teams and coordinate strategies to make sure the technologies are interconnected and product lines are working smoothly. Most of the time, principal software engineers work on making sure standards are being followed when it comes to design, application requirements and proper maintenance. They also evaluate systems and networks to ensure all procedures are running correctly. A high degree of mathematics and engineering knowledge is needed to manage large scale business tasks. Principal software engineers use a computer (or computers) due to the complex data they process when making calculations and modifying strategy plans. The majority of their work is done indoors, with the exception being when they need to modify hardware controls and settings outdoors. As stated earlier, while principal software engineers supervise programmers and designers among other professionals to finish a project on time, they also have to respond to the IT managers in a given organization. It is essential that principal software engineers be proficient at building websites, troubleshooting code and improving the performance of existing programs. They also need to be excellent team players and able to handle stress well in addition to having an extensive knowledge of several programming languages. A bachelor's degree in computer science is usually the minimum educational requirement needed to become a principal software engineer, although a (CSDP) Certified Software Development Professional certification along with hands-on experience in a previous position is generally preferred. (Copyright 2019 PayScale.com)

Principal Software Engineer Tasks
  • Design, develop, integrate, test and deploy company's software.
  • Execute product specification, system design, development and system integration.
  • Develop new product concepts and development, deliver product prototypes.
  • Conduct new technology research, concept specification and design of individual software components.
  • Participate in product and program collaboration.

Popular Employer Salaries for Principal Software Engineer

Principal Software Engineer Job Listings

Pay by Experience Level for Principal Software Engineer

Pay by Experience for a Principal Software Engineer has a positive trend. An entry-level Principal Software Engineer with less than 5 years of experience can expect to earn an average total compensation of $128,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Principal Software Engineer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $125,000 based on 126 salaries. An experienced Principal Software Engineer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $133,000 based on 396 salaries. A Principal Software Engineer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $140,000 based on 221 salaries.

Pay Difference by Location

9%

-5%

-9%

-12%

National Average: $143,135

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

Key Stats for Principal Software Engineer

Gender

Female
6 %
Male
94 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 365 votes.
Less than 1 year
0%
1-4 years
1%
5-9 years
12%
10-19 years
56%
20 years or more
31%

Experience Affects Principal Software Engineer Salaries

National Average
$143,000

▼2%

▼7%

Entry-Level
▼10%

▼13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 365 votes.

Gender

Female
6 %
Male
94 %

Years of Experience

Less than 1 year
0%
1-4 years
1%
5-9 years
12%
10-19 years
56%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 90%
vision benefits
Vision: 82%
no benefits
None: 4%