Medtronic Principal Engineer Salaries in Chicago | Comparably
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Medtronic develops and manufactures innovative medical device technologies and therapies to treat chronic diseases worldwide. read more
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Medtronic Principal Engineer Salaries in Chicago

The average Medtronic Principal Engineer in Chicago earns $148,448 annually, which includes a base salary of $128,948 with a $19,500 bonus. This total compensation is $13,289 less than the US average for a Principal Engineer. Principal Engineer salaries at Medtronic in Chicago can range from $102,000 - $226,000 with equity ranging from 25-150K+.

In Chicago, The Engineering Department at Medtronic earns $6,304 more on average than the Product Department. Comparably data has a total of 7 salary records from Medtronic Principal Engineers.

Last updated a month ago.

$50k
$85k
$120k
$154k
$2.06M
$148,448
Average Compensation
$128,948
avg. base
$19,500
avg. bonus
25-150K+
equity range

Principal Engineer Salaries at Medtronic

In Chicago, Principal Engineers earn $2,786 more than Principal Engineers, and $6,552 less than Group Engineering Managers.

Principal Engineer
$146k
Data Scientist
$102k*
Senior QA
$98k*
Scrum Master
$87k*
Developer
$86k*
Mobile Developer
$86k*
QA
$83k*
$61k
* estimated salary

Compensation at Medtronic by Department

In Chicago, The Engineering Department averages $6,304 more than the Product Department, and $43,984 less than the Enterprise Risk Department

Enterprise Risk
$189,459 Avg. total comp.
+$44k
Engineering
$145,475 Avg. total comp.
Product
$139,171 Avg. total comp.
-$6k

Average Equity for Principal Engineer at Medtronic

In Chicago, the average Principal Engineer at Medtronic receives stock valued at a low of $25 to a high of $150K+.

Recent Principal Engineer Salaries at Medtronic

Principal Engineer
Posted more than 30 days ago
$187,000 Salary + Bonus
Principal Engineer
Posted more than 30 days ago
$226,000 Salary + Bonus
Principal Engineer
Posted more than 30 days ago
$139,000 Salary + Bonus
Principal Engineer
Posted more than 30 days ago
$140,000 Salary + Bonus
Principal Engineer
Posted more than 30 days ago
$102,000 Salary + Bonus

Principal Engineer Compensation by Gender (All Companies)

The average female Principal Engineer at companies similar size to Medtronic 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 Medtronic reported making $187,613, while the average Native American Principal Engineer at similar sized companies reported making $124,088.

How Principal Engineers at Medtronic Rate Their Compensation

The majority of Principal Engineers at Medtronic believe they're compensated fairly. 92% of Principal Engineers at Medtronic say they receive annual bonuses, and the vast majority (78%) are satisfied with their benefits. See more compensation ratings at Medtronic

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