Schaeffler Principal Engineer Salaries in Sherman, TX | 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 Sherman, TX

The average Schaeffler Principal Engineer in Sherman, TX earns an estimated $137,786 annually, which includes an estimated base salary of $122,819 with a $14,967 bonus. Schaeffler's Principal Engineer compensation is $23,936 less than the US average for a Principal Engineer. Principal Engineer salaries at Schaeffler in Sherman, TX can range from $90,000 - $182,000.

In Sherman, TX, The Engineering Department at Schaeffler earns $2,385 more on average than the Operations Department.

Last updated 4 months ago.

$50k
$85k
$120k
$154k
$2.06M
$137,786
Average Compensation
$122,819
avg. base
$14,967
avg. bonus

Principal Engineer Salaries at Schaeffler

In Sherman, TX, Principal Engineers earn $5,798 more than Principal Engineers, and $10,779 less than Engineering Managers.

Director of Engineering
$224k*
Group Engineering Manager
$199k*
Sales Engineer
$178k*
Engineering Manager
$149k*
Principal Engineer
$132k*
DevOps
$124k*
Lead Engineer
$122k*
Senior Developer
$117k*
Mobile Developer
$116k*
Senior QA
$113k*
Scrum Master
$110k*
Data Scientist
$94k*
Developer
$92k*
Jr Developer
$80k*
$60k
* estimated salary

Compensation at Schaeffler by Department

In Sherman, TX, The Engineering Department averages $2,385 more than the Operations Department, and $3,470 less than the Legal Department

Legal
$139,421 Avg. total comp.
+$3k
Engineering
$135,951 Avg. total comp.
Operations
$133,566 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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