Schaeffler Principal Engineer Salaries in Newark, NJ
The average Schaeffler Principal Engineer in Newark, NJ earns an estimated $166,349 annually, which includes an estimated base salary of $146,849 with a $19,500 bonus. Schaeffler's Principal Engineer compensation is $4,627 more than the US average for a Principal Engineer. Principal Engineer salaries at Schaeffler in Newark, NJ can range from $122,000 - $205,000.
In Newark, NJ, The Engineering Department at Schaeffler earns $996 more on average than the Sales Department.
Last updated 4 months ago.
- $146,849
- avg. base
- $19,500
- avg. bonus
Principal Engineer Salaries at Schaeffler
In Newark, NJ, Principal Engineers earn $1,792 more than Engineering Managers, and $411 less than Principal Engineers.
Compensation at Schaeffler by Department
In Newark, NJ, The Engineering Department averages $996 more than the Sales Department, and $16,935 less than the Legal Department
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
