MAGNA GLOBAL Principal Engineer Salaries in Newark, NJ
The average MAGNA GLOBAL Principal Engineer in Newark, NJ earns an estimated $173,442 annually, which includes an estimated base salary of $153,942 with a $19,500 bonus. MAGNA GLOBAL's Principal Engineer compensation is $11,720 more than the US average for a Principal Engineer. Principal Engineer salaries at MAGNA GLOBAL in Newark, NJ can range from $122,000 - $205,000.
In Newark, NJ, The Engineering Department at MAGNA GLOBAL earns $8,341 more on average than the Design Department.
Last updated 6 months ago.
- $153,942
- avg. base
- $19,500
- avg. bonus
Principal Engineer Salaries at MAGNA GLOBAL
In Newark, NJ, Principal Engineers earn $1,811 more than Engineering Managers, and $486 less than Principal Engineers.
Compensation at MAGNA GLOBAL by Department
In Newark, NJ, The Engineering Department averages $8,341 more than the Design Department, and $1,609 less than the Sales Department
Principal Engineer Compensation by Gender (All Companies)
The average female Principal Engineer at companies similar size to MAGNA GLOBAL reported making $174,986, while the average male Principal Engineer at similar sized companies reported making $186,024.
Principal Engineer Compensation by Ethnicity (All Companies)
The average Caucasian Principal Engineer at companies similar size to MAGNA GLOBAL reported making $187,613, while the average Native American Principal Engineer at similar sized companies reported making $124,088.
How Principal Engineers at MAGNA GLOBAL Rate Their Compensation
The majority of Principal Engineers at MAGNA GLOBAL believe they're not compensated fairly. 50% of Principal Engineers at MAGNA GLOBAL say they receive annual bonuses, and the majority (67%) are satisfied with their benefits. See more compensation ratings at MAGNA GLOBAL
