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Average Principal Software Engineer Salary in Australia

Annual Base Salary - $139,176.00/year

The average annual salary of Principal Software Engineer is $139,176.00

$111,280.00
Low
$139,176.00
Average
$173,040.00
High

The starting salary of Principal Software Engineer is between $94,588.00 and $111,280.00 whereas the maximum salary range is between $173,040.00 and $198,996.00.

Minimum Annual PayMaximum Annual Pay
$94,588.00$198,996.00
Average Hourly Pay - $90.95/hour

The average hourly pay of Principal Software Engineer is $90.95.

$0.00
Low
$90.95
Average
$93.50
High

The maximum hourly wage is between $93.50 and $108.00.

Minimum Hourly PayMaximum Hourly Pay
$0.00$108.00
Bonus Range: Tooltip
$5,200.00 - $22,680.00
$5,200.00
$198,996.00
Profit Sharing: Tooltip
$3,090.00 - $39,240.00
$3,090.00
$198,996.00
  • Currency : AUD
  • Annual Salary : $139,176.00
  • Hourly Pay : $90.95
  • Weekly Pay : $2,574.00
  • Fortnightly Salary : $5,147.00
  • Monthly Salary : $11,152.00

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 in the chart, male employees are involved significantly more as Principal Software Engineer compared to female. Their involvement is 98% while of female is only 2%.

Salary Distribution Based on Years of Experience

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

For 5-9 years, the Principal Software Engineer salary increases to $136,728.77

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $142,273.62.

And finally, once the Principal Software Engineer gains 20 years of experience or more, their salary would reach $155,665.17.

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 most vital skill expected of Principal Software Engineer is Software Architecture which impacts the most than the rest of the skills indicated with a staggering 11% comparatively. Therefore, one’s salary would greatly depend on their skills in Software Architecture.

The skill least likely to affect one’s pay would be Linux with 4%. It can be said that Linux skill will unlikely impact the salary.

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 $135,001.00 whereas the highest earning is $151,702.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of $151,702.00 at 9%. So to summerize, Mid Carrer earns 3% less than the average salary, Late Career earns 1% less than the average salary, Experienced earns 9% more than the average salary.

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