Schaeffler Principal Engineer Salaries in Albany, NY | Comparably
"Schaeffler develops and manufactures high-precision products for machines, equipment, vehicles, aviation and aerospace applications." read more
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Schaeffler Principal Engineer Salaries in Albany, NY

The average Schaeffler Principal Engineer in Albany, NY earns an estimated $120,154 annually, which includes an estimated base salary of $111,654 with a $8,500 bonus. Schaeffler's Principal Engineer compensation is $41,569 less than the US average for a Principal Engineer. Principal Engineer salaries at Schaeffler in Albany, NY can range from $100,000 - $132,000.

In Albany, NY, The Engineering Department at Schaeffler earns $1,823 more on average than the Business Development Department.

Last updated 3 months ago.

$50k
$85k
$120k
$154k
$2.06M
$120,154
Average Compensation
$111,654
avg. base
$8,500
avg. bonus

Principal Engineer Salaries at Schaeffler

In Albany, NY, Principal Engineers earn $2,298 more than DevOps, and $12,666 less than Data Scientists.

Director of Engineering
$213k*
Group Engineering Manager
$199k*
Engineering Manager
$170k*
Sales Engineer
$155k*
Senior Developer
$151k*
Lead Engineer
$145k*
Data Scientist
$133k*
DevOps
$118k*
Principal Engineer
$117k*
Mobile Developer
$116k*
Senior QA
$113k*
Scrum Master
$110k*
Jr Developer
$91k*
Developer
$82k*
$60k
* estimated salary

Compensation at Schaeffler by Department

In Albany, NY, The Engineering Department averages $1,823 more than the Business Development Department, and $9,906 less than the Product Department

Product
$137,061 Avg. total comp.
+$10k
Engineering
$127,155 Avg. total comp.
Business Development
$125,332 Avg. total comp.
-$2k

Principal Engineer Compensation by Gender (All Companies)

The average female Principal Engineer at companies similar size to Schaeffler 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 Schaeffler reported making $187,613, while the average Native American Principal Engineer at similar sized companies reported making $124,088.

How Principal Engineers at Schaeffler Rate Their Compensation

The majority of Principal Engineers at Schaeffler believe they're compensated fairly. 33% of Principal Engineers at Schaeffler say they receive annual bonuses, and the majority (62%) are satisfied with their benefits. See more compensation ratings at Schaeffler

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