CIT Group Principal Engineer Salaries in Newark, NJ | Comparably
CIT Group Claimed Company
CIT Group (NYSE: CIT) is a leading national bank serving middle market companies and small business, as well as delivering personal savings solutions. read more
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CIT Group Principal Engineer Salaries in Newark, NJ

The average CIT Group Principal Engineer in Newark, NJ earns an estimated $156,972 annually, which includes an estimated base salary of $137,681 with a $19,291 bonus. CIT Group's Principal Engineer compensation is $4,750 less than the US average for a Principal Engineer. Principal Engineer salaries at CIT Group in Newark, NJ can range from $64,000 - $259,000.

In Newark, NJ, The Engineering Department at CIT Group earns $6,115 more on average than the Operations Department.

Last updated 2 years ago.

$50k
$85k
$120k
$154k
$2.06M
$156,972
Average Compensation
$137,681
avg. base
$19,291
avg. bonus

Principal Engineer Salaries at CIT Group

In Newark, NJ, Principal Engineers earn $3,856 more than Principal Engineers, and $1,639 less than Engineering Managers.

Director of Engineering
$202k*
Lead Engineer
$168k*
Group Engineering Manager
$167k*
Senior Developer
$163k*
Engineering Manager
$159k*
Principal Engineer
$153k*
DevOps
$151k*
Sales Engineer
$144k*
Data Scientist
$134k*
Mobile Developer
$122k*
Senior QA
$117k*
Developer
$99k*
QA
$88k*
Jr Developer
$84k*
* estimated salary

Compensation at CIT Group by Department

In Newark, NJ, The Engineering Department averages $6,115 more than the Operations Department, and $9,837 less than the Product Department

Product
$139,199 Avg. total comp.
+$10k
Engineering
$129,362 Avg. total comp.
Operations
$123,247 Avg. total comp.
-$6k

Principal Engineer Compensation by Gender (All Companies)

The average female Principal Engineer at companies similar size to CIT Group reported making $151,156, while the average male Principal Engineer at similar sized companies reported making $160,687.

Principal Engineer Compensation by Ethnicity (All Companies)

The average Asian or Pacific Islander Principal Engineer at companies similar size to CIT Group reported making $168,169, while the average Hispanic or Latino Principal Engineer at similar sized companies reported making $149,389.

How Principal Engineers at CIT Group Rate Their Compensation

The majority of Principal Engineers at CIT Group believe they're compensated fairly. 100% of Principal Engineers at CIT Group say they receive annual bonuses, and the majority (69%) are satisfied with their benefits. See more compensation ratings at CIT Group

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