The average Schaeffler VP of Engineering in Peoria, IL earns an estimated $228,758 annually, which includes an estimated base salary of $186,037 with a $42,721 bonus. Schaeffler's VP of Engineering compensation is $22,472 less than the US average for a VP of Engineering. VP of Engineering salaries at Schaeffler in Peoria, IL can range from $95,000 - $550,000.
In Peoria, IL, The Engineering Department at Schaeffler earns $9,754 more on average than the Design Department.
Last updated 3 months ago.
In Peoria, IL, VPs of Engineering earn $15,397 more than Directors of Engineering.
In Peoria, IL, The Engineering Department averages $9,754 more than the Design Department, and $4,059 less than the Business Development Department
The average female VP of Engineering at companies similar size to Schaeffler reported making $281,893, while the average male VP of Engineering at similar sized companies reported making $263,157.
The average Caucasian VP of Engineering at companies similar size to Schaeffler reported making $286,544, while the average African American/Black VP of Engineering at similar sized companies reported making $187,625.
The majority of VPs of Engineering at Schaeffler believe they're compensated fairly. 33% of VPs of Engineering at Schaeffler say they receive annual bonuses, and the majority (62%) are satisfied with their benefits. See more compensation ratings at Schaeffler