Schaeffler Principal Engineer Salary
The average Schaeffler Principal Engineer earns an estimated $167,461 annually, which includes an estimated base salary of $146,016 with a $21,445 bonus. Schaeffler's Principal Engineer compensation is $5,723 more than the US average for a Principal Engineer. Principal Engineer salaries at Schaeffler can range from $122,000 - $205,000.
The Engineering Department at Schaeffler earns $181 more on average than the Business Development Department.
Last updated a month ago.
- $146,016
- avg. base
- $21,445
- avg. bonus
Principal Engineer Salaries at Schaeffler
Principal Engineers earn $1,312 more than Sales Engineers, and $5,469 less than Engineering Managers.
Compensation at Schaeffler by Department
The Engineering Department averages $181 more than the Business Development Department, and $10,580 less than the Product 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 (61%) are satisfied with their benefits. See more compensation ratings at Schaeffler
