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First: is it a high level? Yes.
Traditional progression looks something like; scientist, scientist II, senior scientist, principal scientist.
A principal scientist typically has 10YOE+
How much do they make? Depends on industry, field, or therapeutic area if applicable.
I am a senior scientist (so 1 level below a principal), I work in pharma, therapeutic area of neuroscience, I was promoted abnormally fast (I only have 2YOE), and I make $225k.