Average Principal Software Engineer with Software Development Skills Salary in Melbourne, Victoria

Annual Base Salary - $155,444.00/year

The average annual salary of Principal Software Engineer is $155,444.00

$112,270.00
Low
$155,444.00
Average
$172,640.00
High

The starting salary of Principal Software Engineer is between $95,430.00 and $112,270.00 whereas the maximum salary range is between $172,640.00 and $198,536.00.

Minimum Annual PayMaximum Annual Pay
$95,430.00$198,536.00
Bonus Range: Tooltip
$9,810.00 - $16,480.00
$9,810.00
$198,536.00
promotional offer
  • Currency : AUD
  • Annual Salary : $155,444.00
  • Weekly Pay : $2,874.00
  • Fortnightly Salary : $5,749.00
  • Monthly Salary : $12,455.00

Principal Software Engineer Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Principal Software Engineer. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown via chart, male employees are involved 100% in contrast with female who possibly are not a part of this profession.

Salary Distribution Based on Years of Experience

The line graph shows Principal Software Engineer salary in Melbourne, Victoria, Australia on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $163,637.88.

And finally, once the Principal Software Engineer gains 20 years of experience or more, their salary would reach $169,642.54.

Prominent Skills Affecting Principal Software Engineer Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Principal Software Engineer's salary. It clearly highlights the skills needed for a post of Principal Software Engineer when hired by an employer. The skill that is required for Principal Software Engineer is Software Architecture that affects the salary by 2%.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Principal Software Engineer. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is $160,107.00 whereas the highest earning is $163,216.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of $163,216.00 at 5%. So to summerize, Late Career earns 3% more than the average salary, Experienced earns 5% more than the average salary.

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