National Oilwell Varco Principal Engineer Salary | Comparably
National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling. read more
EMPLOYEE
PARTICIPANTS
167
TOTAL
RATINGS
1361

National Oilwell Varco Principal Engineer Salary

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.

$50k
$85k
$120k
$154k
$2.06M
$169,916
Average Compensation
$142,834
avg. base
$27,082
avg. bonus

Principal Engineer Salaries at National Oilwell Varco

Principal Engineers earn $4,158 more than Principal Engineers, and $30,475 less than Group Engineering Managers.

Director of Engineering
$215k*
Group Engineering Manager
$200k*
Principal Engineer
$166k*
Senior Developer
$152k*
Sales Engineer
$150k*
Lead Engineer
$147k*
Data Scientist
$134k*
DevOps
$119k*
Mobile Developer
$117k*
Scrum Master
$111k*
Senior QA
$108k*
QA
$102k*
Jr Developer
$87k*
* estimated salary

Compensation at National Oilwell Varco by Department

The Engineering Department averages $13,416 more than the Design Department, and $529 less than the Business Development Department

Business Development
$126,585 Avg. total comp.
+$529
Engineering
$126,056 Avg. total comp.
Design
$112,640 Avg. total comp.
-$13k

Principal Engineer Compensation by Gender (All Companies)

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.

Principal Engineer Compensation by Ethnicity (All Companies)

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.

How Principal Engineers at National Oilwell Varco Rate Their Compensation

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

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