Formula.Monks Principal Engineer Salaries in Hagerstown, MD | Comparably
TheoremOne and Zemoga have joined forces as Formula.Monks, the technology services division of Media.Monks
Formula.Monks Claimed Company
We are an engineering and innovation firm. We solve complex business problems through optimization of process, technology, and culture. read more
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EMPLOYEE
PARTICIPANTS
466
TOTAL
RATINGS
14586

Formula.Monks Principal Engineer Salaries in Hagerstown, MD

The average Formula.Monks Principal Engineer in Hagerstown, MD earns an estimated $163,396 annually, which includes an estimated base salary of $144,105 with a $19,291 bonus. Formula.Monks' Principal Engineer compensation is $1,674 more than the US average for a Principal Engineer. Principal Engineer salaries at Formula.Monks in Hagerstown, MD can range from $64,000 - $259,000.

In Hagerstown, MD, The Engineering Department at Formula.Monks earns $10,725 more on average than the Business Development Department.

Last updated 2 years ago.

$50k
$85k
$120k
$154k
$2.06M
$163,396
Average Compensation
$144,105
avg. base
$19,291
avg. bonus

Principal Engineer Salaries at Formula.Monks

In Hagerstown, MD, Principal Engineers earn $3,700 more than Principal Engineers, and $923 less than Engineering Managers.

Sales Engineer
$240k*
Director of Engineering
$200k*
Group Engineering Manager
$165k*
Engineering Manager
$164k*
Principal Engineer
$160k*
Architect
$142k*
Senior Developer
$141k*
Lead Engineer
$138k*
Data Scientist
$132k*
Mobile Developer
$128k*
QA Manager
$123k*
Project Manager- Tech
$120k*
DevOps
$118k*
Senior QA
$116k*
Developer
$109k*
Automation Engineer
$95k*
QA
$87k*
Jr Developer
$83k*
* estimated salary

Compensation at Formula.Monks by Department

In Hagerstown, MD, The Engineering Department averages $10,725 more than the Business Development Department, and $6,444 less than the Product Department

Product
$125,614 Avg. total comp.
+$6k
Engineering
$119,170 Avg. total comp.
Business Development
$108,445 Avg. total comp.
-$11k

Principal Engineer Compensation by Gender (All Companies)

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

How Principal Engineers at Formula.Monks Rate Their Compensation

The majority of Principal Engineers at Formula.Monks believe they're compensated fairly. 65% of Principal Engineers at Formula.Monks say they receive annual bonuses, and the vast majority (78%) are satisfied with their benefits. See more compensation ratings at Formula.Monks

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