FARO Technologies Claimed Company

Headquartered in Lake Mary, Florida, with over 25 offices around the world, FARO provides leading-edge measurement solutions, outstanding customer support and steady industry leadership. When PhD students Simon Raab and Greg Frasier launched FARO from a garage in 1981, they envisioned the start-up as a pioneer for 3D measurement and imaging that would provide precision technology to guide their customers to success. Fittingly, FARO isn’t just an acronym for Frasier and Raab Orthopedics, but a derivative of the ancient Greek word “pharos,” meaning lighthouse — a beacon for people seeking the path forward in both the literal and figurative sense. Today, FARO is proud to continue helping customers see further, realize their vision and successfully navigate through any rough tides that come their way. read more

EMPLOYEE PARTICIPANTS: 23

TOTAL RATINGS: 299

CEO: Michael Burger

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FARO Technologies Principal Engineer Salaries in Bloomington, IL

The average FARO Technologies Principal Engineer in Bloomington, IL earns an estimated $158,801 annually, which includes an estimated base salary of $139,511 with a $19,291 bonus. FARO Technologies' Principal Engineer compensation is $2,921 less than the US average for a Principal Engineer. Principal Engineer salaries at FARO Technologies in Bloomington, IL can range from $64,000 - $259,000.

In Bloomington, IL, The Engineering Department at FARO Technologies earns $11,522 more on average than the Design Department.

Last updated a year ago.

$50k

$85k

$120k

$154k

$2.06M

$158,801

Average Compensation

$139,511: avg. base

$19,291: avg. bonus

Principal Engineer Salaries at FARO Technologies

In Bloomington, IL, Principal Engineers earn $3,439 more than Principal Engineers, and $1,110 less than Engineering Managers.

Director of Engineering

$205k*

Group Engineering Manager

$169k*

Engineering Manager

$160k*

Principal Engineer

$155k*

Lead Engineer

$142k*

Senior Developer

$141k*

Sales Engineer

$138k*

Data Scientist

$135k*

Mobile Developer

$124k*

DevOps

$115k*

Senior QA

$112k*

Developer

$112k*

$85k*

Jr Developer

$81k*

* estimated salary

Compensation at FARO Technologies by Department

In Bloomington, IL, The Engineering Department averages $11,522 more than the Design Department, and $13,517 less than the Product Department

Product

$134,347 Avg. total comp.

+$14k

Engineering

$120,830 Avg. total comp.

Design

$109,308 Avg. total comp.

-$12k

Principal Engineer Compensation by Gender (All Companies)

The average female Principal Engineer at companies similar size to FARO Technologies 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 FARO Technologies reported making $168,169, while the average Hispanic or Latino Principal Engineer at similar sized companies reported making $149,389.

How Principal Engineers at FARO Technologies Rate Their Compensation

The majority of Principal Engineers at FARO Technologies believe they're not compensated fairly. The majority (57%) of Principal Engineers at FARO Technologies are satisfied with their benefits. See more compensation ratings at FARO Technologies

Do you believe you're paid fairly?

43% Yes

Does your company give annual bonuses?

0% Yes

Are you satisfied with your Benefits?

57% Yes

Principal Engineer Salaries at Similar Size Companies in Bloomington, IL

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