Schaeffler Principal Engineer Salaries in Baltimore, MD | 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 Baltimore, MD

The average Schaeffler Principal Engineer in Baltimore, MD earns an estimated $137,605 annually, which includes an estimated base salary of $133,585 with a $4,020 bonus. Schaeffler's Principal Engineer compensation is $24,117 less than the US average for a Principal Engineer. Principal Engineer salaries at Schaeffler in Baltimore, MD can range from $93,000 - $170,000.

In Baltimore, MD, The Engineering Department at Schaeffler earns $4,185 more on average than the Design Department.

Last updated 8 months ago.

$50k
$85k
$120k
$154k
$2.06M
$137,605
Average Compensation
$133,585
avg. base
$4,020
avg. bonus

Principal Engineer Salaries at Schaeffler

In Baltimore, MD, Principal Engineers earn $2,571 more than Principal Engineers, and $23,648 less than Group Engineering Managers.

Sales Engineer
$172k*
Director of Engineering
$169k*
Group Engineering Manager
$161k*
Principal Engineer
$135k*
Engineering Manager
$124k*
Lead Engineer
$123k*
DevOps
$121k*
Senior Developer
$117k*
Senior QA
$113k*
Scrum Master
$110k*
Data Scientist
$109k*
Mobile Developer
$99k*
Developer
$95k*
Jr Developer
$77k*
$60k
* estimated salary

Compensation at Schaeffler by Department

In Baltimore, MD, The Engineering Department averages $4,185 more than the Design Department, and $4,107 less than the HR Department

HR
$111,268 Avg. total comp.
+$4k
Engineering
$107,161 Avg. total comp.
Design
$102,976 Avg. total comp.
-$4k

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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