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As of August 01, 2026, the average salary for a Managing Principal in New York is $215,524 per year, which breaks down to an hourly rate of $104.
However, a Managing Principal's salary can vary significantly. Here’s a look at the typical salary range:
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Managing Principal Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $234,613 | $19,551 | $4,512 | $113 |
| Average | $215,524 | $17,960 | $4,145 | $104 |
| 25th Percentile | $196,052 | $16,338 | $3,770 | $94 |
Capco - New York City, NY
Capco - New York City, NY
Workday, Inc. - New York, NY
Workday - New York, NY
A Managing Principal's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Managing Principal's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Operation... Level Managing Principal | $116,713 |
| Senior Op... Level Managing Principal | $158,215 |
| Managing ... Level Managing Principal | $219,581 |
| Divisiona... Level Managing Principal | $252,347 |
| SVP of Op... Level Managing Principal | $345,072 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Managing Principals. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Managing Principal roles, the industry you choose can affect earning potential by as much as 57% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 25% above the average. In contrast, Managing Principal positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Managing Principal as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $269,405 | $130.0 | 25% |
| Financial Services | $258,629 | $124.0 | 20% |
| Pharmaceuticals | $254,319 | $122.0 | 18% |
| Biotechnology | $247,853 | $119.0 | 15% |
| Internet | $241,387 | $116.0 | 12% |
Understanding how a Managing Principal's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $234,613 | $19,551 | $4,512 | $113 |
| Average | $215,524 | $17,960 | $4,145 | $104 |
| 25th Percentile | $196,052 | $16,338 | $3,770 | $94 |
Ready to take the next step in your career? Browse thousands of current Managing Principal job openings on our job board. Use the search bar below to find your perfect match.
capco
New York, NY
capco | New York, NY
AI Transformation Managing Principal - SDLC, Financial Services. Location. New York City, USA. Practice Area. Technology & Engineering. Level. MP. Type. Pe... more
3 Days Ago
Confidential
New York City, NY
Confidential | New York City, NY
Principal and Managing Director, Lower Middle Market Investments. About the Company. Respected alternative asset management firm. Industry. Financial Servi... more
3 Days Ago
Ladd & Co.
New York, NY
Ladd & Co. | New York, NY
Ladd & Co. is seeking a Managing Director to lead its M&A practice in New York. The role involves P&L responsibility, oversight of mandate execution, and r... more
4 Days Ago
Confidential
New York, NY
Confidential | New York, NY
Principal and Managing Director, Lower Middle Market Investments. About the Company. Respected alternative asset management firm. Industry. Financial Servi... more
1 Month Ago
Exelon
KENNETT SQUARE, PA
Livewell Animal Hospital
BOYS TOWN, NE
Livewell Animal Hospital | BOYS TOWN, NE
Livewell Animal Hospital seeks a Founding Veterinarian to help launch and lead a new, high-quality small animal practice. You will shape medical standards,... more
5 Days Ago
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