The average National Oilwell Varco Principal Engineer earns an estimated $169,916 annually, which includes an estimated base salary of $142,834 with a $27,082 bonus. National Oilwell Varco's Principal Engineer compensation is $8,194 more than the US average for a Principal Engineer. Principal Engineer salaries at National Oilwell Varco can range from $58,750 - $445,000.
The Engineering Department at National Oilwell Varco earns $13,416 more on average than the Design Department.
Last updated 3 months ago.
Principal Engineers earn $4,158 more than Principal Engineers, and $30,475 less than Group Engineering Managers.
The Engineering Department averages $13,416 more than the Design Department, and $529 less than the Business Development Department
The average female Principal Engineer at companies similar size to National Oilwell Varco 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 National Oilwell Varco 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 National Oilwell Varco believe they're not compensated fairly. 40% of Principal Engineers at National Oilwell Varco say they receive annual bonuses, and the majority (61%) are satisfied with their benefits. See more compensation ratings at National Oilwell Varco