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.
In Sherman, TX, Principal Engineers earn $1,974 more than Principal Engineers, and $13,332 less than Group Engineering Managers.
In Sherman, TX, The Engineering Department averages $1,276 more than the Operations Department, and $16,409 less than the Legal Department
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.
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.
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