Baxter employees working as Principal Engineer in US have attributed a compensation and benefits rating of 4.6 out of 5 stars, based on 18 ratings. This is 21% higher than the average of Principal Engineer professionals at Baxter worldwide.
The salary trajectory of a Principal Engineer ranges between locations and employers. The salary starts at $114,336 per year (estimate) and goes up to $378,803 per year (estimate) for the highest level of seniority.
The estimated average salary for a Principal Engineer at Baxter is $243,408 per year or $117 per hour, but some professionals have reported earning up to roughly $389,159 per year (90th percentile). The typical pay range is between $192,147 (25th percentile) and $313,002 (75th percentile) annually. This is based on 81 salaries submitted by Baxter Principal Engineer professionals on Glassdoor, as of Jul 2026.
Principal Engineer professionals typically earn between $92 and $150 per hour.
Principal Engineer professionals typically earn between $16,012 and $26,083 monthly.