Schaeffler Principal Engineer Salaries in Hagerstown, 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 Hagerstown, MD

The average Schaeffler Principal Engineer in Hagerstown, MD earns an estimated $161,318 annually, which includes an estimated base salary of $141,751 with a $19,567 bonus. Schaeffler's Principal Engineer compensation is $404 less than the US average for a Principal Engineer. Principal Engineer salaries at Schaeffler in Hagerstown, MD can range from $142,000 - $181,700.

In Hagerstown, MD, The Engineering Department at Schaeffler earns $6,906 more on average than the Marketing Department.

Last updated 3 months ago.

$50k
$85k
$120k
$154k
$2.06M
$161,318
Average Compensation
$141,751
avg. base
$19,567
avg. bonus

Principal Engineer Salaries at Schaeffler

In Hagerstown, MD, Principal Engineers earn $10,383 more than Senior Developers, and $413 less than Principal Engineers.

Director of Engineering
$213k*
Group Engineering Manager
$199k*
Sales Engineer
$172k*
Engineering Manager
$170k*
Principal Engineer
$162k*
Senior Developer
$151k*
Lead Engineer
$145k*
Data Scientist
$133k*
Developer
$123k*
DevOps
$118k*
Mobile Developer
$116k*
Senior QA
$113k*
Scrum Master
$110k*
Jr Developer
$91k*
$60k
* estimated salary

Compensation at Schaeffler by Department

In Hagerstown, MD, The Engineering Department averages $6,906 more than the Marketing Department, and $2,871 less than the Business Development Department

Business Development
$125,332 Avg. total comp.
+$3k
Engineering
$122,461 Avg. total comp.
Marketing
$115,555 Avg. total comp.
-$7k

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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