The average Festo Principal Engineer earns an estimated $176,265 annually, which includes an estimated base salary of $149,182 with a $27,082 bonus. Festo's Principal Engineer compensation is $14,543 more than the US average for a Principal Engineer. Principal Engineer salaries at Festo can range from $58,750 - $445,000.
The Engineering Department at Festo earns $12,239 more on average than the Design Department.
Last updated 3 months ago.
Principal Engineers earn $5,366 more than Principal Engineers, and $2,395 less than Engineering Managers.
The Engineering Department averages $12,239 more than the Design Department, and $993 less than the Business Development Department
The average female Principal Engineer at companies similar size to Festo reported making $174,986, while the average male Principal Engineer at similar sized companies reported making $186,024.
The average Caucasian Principal Engineer at companies similar size to Festo reported making $187,613, while the average Native American Principal Engineer at similar sized companies reported making $124,088.
The majority of Principal Engineers at Festo believe they're compensated fairly. 100% of Principal Engineers at Festo say they receive annual bonuses, and the majority (68%) are satisfied with their benefits. See more compensation ratings at Festo