Microchip Technology employees working as Principal Applications Engineer in US have attributed a compensation and benefits rating of 4 out of 5 stars, based on 5 ratings. This is in line with the average of Principal Applications Engineer professionals at Microchip Technology worldwide.
The salary trajectory of a Principal Applications Engineer ranges between locations and employers. The salary starts at $152,517 per year (estimate) and goes up to $280,250 per year (estimate) for the highest level of seniority.
The estimated average salary for a Principal Applications Engineer at Microchip Technology is $209,303 per year or $101 per hour, but some professionals have reported earning up to roughly $328,028 per year (90th percentile). The typical pay range is between $167,037 (25th percentile) and $266,235 (75th percentile) annually. This is based on 23 salaries submitted by Microchip Technology Principal Applications Engineer professionals on Glassdoor, as of Jul 2026.
Principal Applications Engineer professionals typically earn between $80 and $128 per hour.
Principal Applications Engineer professionals typically earn between $13,920 and $22,186 monthly.