Schaeffler Principal Engineer Salaries in Lansing, MI | 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 Lansing, MI

The average Schaeffler Principal Engineer in Lansing, MI earns an estimated $168,460 annually, which includes an estimated base salary of $141,377 with a $27,082 bonus. Schaeffler's Principal Engineer compensation is $6,723 more than the US average for a Principal Engineer. Principal Engineer salaries at Schaeffler in Lansing, MI can range from $58,750 - $445,000.

In Lansing, MI, The Engineering Department at Schaeffler earns $11,943 more on average than the Design Department.

Last updated a month ago.

$50k
$85k
$120k
$154k
$2.06M
$168,460
Average Compensation
$141,377
avg. base
$27,082
avg. bonus

Principal Engineer Salaries at Schaeffler

In Lansing, MI, Principal Engineers earn $4,314 more than Principal Engineers, and $1,992 less than Engineering Managers.

Director of Engineering
$213k*
Group Engineering Manager
$199k*
Engineering Manager
$170k*
Principal Engineer
$164k*
Sales Engineer
$155k*
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 Lansing, MI, The Engineering Department averages $11,943 more than the Design Department, and $1,870 less than the Business Development Department

Business Development
$125,332 Avg. total comp.
+$2k
Engineering
$123,462 Avg. total comp.
Design
$111,519 Avg. total comp.
-$12k

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 (61%) are satisfied with their benefits. See more compensation ratings at Schaeffler

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