Microchip Technology employees working as Principal Test Engineer in US have attributed a compensation and benefits rating of 3.5 out of 5 stars, based on 2 ratings. This is 30% lower than the average of Principal Test Engineer professionals at Microchip Technology worldwide.
The salary trajectory of a Principal Test Engineer ranges between locations and employers. The salary starts at $0 per year (estimate) and goes up to $0 per year (estimate) for the highest level of seniority.
The estimated average salary for a Principal Test Engineer at Microchip Technology is $197,356 per year or $95 per hour, but some professionals have reported earning up to roughly $297,248 per year (90th percentile). The typical pay range is between $160,923 (25th percentile) and $245,619 (75th percentile) annually. This is based on 10 salaries submitted by Microchip Technology Principal Test Engineer professionals on Glassdoor, as of Jul 2026.
Principal Test Engineer professionals typically earn between $77 and $118 per hour.
Principal Test Engineer professionals typically earn between $13,410 and $20,468 monthly.