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.
In Sherman, TX, Principal Engineers earn $5,798 more than Principal Engineers, and $10,779 less than Engineering Managers.
In Sherman, TX, The Engineering Department averages $2,385 more than the Operations Department, and $3,470 less than the Legal Department
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.
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.
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