PennyMac Principal Engineer Salaries in Baltimore, MD | Comparably
PennyMac Claimed Company
PMT is a finance company that invests in residential mortgage loans and mortgage-related assets. read more
EMPLOYEE
PARTICIPANTS
23
TOTAL
RATINGS
283
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PennyMac Principal Engineer Salaries in Baltimore, MD

The average PennyMac Principal Engineer in Baltimore, MD earns an estimated $135,054 annually, which includes an estimated base salary of $128,221 with a $6,833 bonus. PennyMac's Principal Engineer compensation is $26,668 less than the US average for a Principal Engineer. Principal Engineer salaries at PennyMac in Baltimore, MD can range from $105,000 - $163,000.

In Baltimore, MD, The Engineering Department at PennyMac earns $25,077 more on average than the Design Department.

Last updated a year ago.

$50k
$85k
$120k
$154k
$2.06M
$135,054
Average Compensation
$128,221
avg. base
$6,833
avg. bonus

Principal Engineer Salaries at PennyMac

In Baltimore, MD, Principal Engineers earn $1,852 more than Principal Engineers, and $203 less than Lead Engineers.

Director of Engineering
$189k*
Group Engineering Manager
$162k*
Engineering Manager
$144k*
$140k
Lead Engineer
$135k*
Principal Engineer
$133k*
Mobile Developer
$126k*
Sales Engineer
$123k*
Senior Developer
$123k*
Data Scientist
$116k*
DevOps
$105k*
Senior QA
$102k*
QA
$100k*
Developer
$95k*
Jr Developer
$74k*
* estimated salary

Compensation at PennyMac by Department

In Baltimore, MD, The Engineering Department averages $25,077 more than the Design Department, and $326 less than the HR Department

HR
$139,514 Avg. total comp.
+$326
Engineering
$139,188 Avg. total comp.
Design
$114,111 Avg. total comp.
-$25k

Principal Engineer Compensation by Gender (All Companies)

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

How Principal Engineers at PennyMac Rate Their Compensation

The majority of Principal Engineers at PennyMac believe they're not compensated fairly. 33% of Principal Engineers at PennyMac say they receive annual bonuses, and the majority (64%) are satisfied with their benefits. See more compensation ratings at PennyMac

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