PennyMac Principal Engineer Salaries in Sherman, TX | Comparably
PennyMac Claimed Company
PMT is a finance company that invests in residential mortgage loans and mortgage-related assets. read more
EMPLOYEE
PARTICIPANTS
22
TOTAL
RATINGS
280
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PennyMac Principal Engineer Salaries in Sherman, TX

The average PennyMac Principal Engineer in Sherman, TX earns an estimated $148,907 annually, which includes an estimated base salary of $140,032 with a $8,875 bonus. PennyMac's Principal Engineer compensation is $12,815 less than the US average for a Principal Engineer. Principal Engineer salaries at PennyMac in Sherman, TX can range from $136,000 - $163,000.

In Sherman, TX, The Engineering Department at PennyMac earns $1,276 more on average than the Operations Department.

Last updated 7 months ago.

$50k
$85k
$120k
$154k
$2.06M
$148,907
Average Compensation
$140,032
avg. base
$8,875
avg. bonus

Principal Engineer Salaries at PennyMac

In Sherman, TX, Principal Engineers earn $1,974 more than Principal Engineers, and $13,332 less than Group Engineering Managers.

Director of Engineering
$207k*
Group Engineering Manager
$162k*
Principal Engineer
$147k*
Engineering Manager
$146k*
$140k
Data Scientist
$137k*
Lead Engineer
$136k*
Mobile Developer
$126k*
Sales Engineer
$123k*
DevOps
$116k*
Senior Developer
$116k*
Senior QA
$114k*
QA
$86k*
Developer
$85k*
Jr Developer
$82k*
* estimated salary

Compensation at PennyMac by Department

In Sherman, TX, The Engineering Department averages $1,276 more than the Operations Department, and $16,409 less than the Legal Department

Legal
$138,208 Avg. total comp.
+$16k
Engineering
$121,799 Avg. total comp.
Operations
$120,523 Avg. total comp.
-$1k

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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