PennyMac Principal Engineer Salary | 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 Salary

The average PennyMac Principal Engineer earns an estimated $179,466 annually, which includes an estimated base salary of $146,966 with a $32,500 bonus. PennyMac's Principal Engineer compensation is $17,729 more than the US average for a Principal Engineer. Principal Engineer salaries at PennyMac can range from $102,000 - $259,000.

The Engineering Department at PennyMac earns $3,392 more on average than the Legal Department.

Last updated 4 months ago.

$50k
$85k
$120k
$154k
$2.06M
$179,466
Average Compensation
$146,966
avg. base
$32,500
avg. bonus

Principal Engineer Salaries at PennyMac

Principal Engineers earn $5,423 more than Principal Engineers, and $9,377 less than Directors of Engineering.

Group Engineering Manager
$202k*
Director of Engineering
$189k*
Principal Engineer
$174k*
Engineering Manager
$166k*
Mobile Developer
$159k*
Lead Engineer
$143k*
Senior Developer
$141k*
$140k
Data Scientist
$128k*
Sales Engineer
$120k*
DevOps
$108k*
Developer
$106k*
Senior QA
$85k*
QA
$83k*
Jr Developer
$77k*
* estimated salary

Compensation at PennyMac by Department

The Engineering Department averages $3,392 more than the Legal Department, and $15,954 less than the Product Department

Product
$137,158 Avg. total comp.
+$16k
Engineering
$121,204 Avg. total comp.
Legal
$117,812 Avg. total comp.
-$3k

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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