Objective: To investigate the path analysis of work family conflict, job salary and promotion satisfaction, work engagement to subjective well-being of the primary and middle school principals, and provide advice for enhancing their well-being. Methods: Using convenient sampling, totally 300 primary and middle school principals completed the WFC, JSPSS, UWES and GWB. Results: There were four significant paths influencing the well-being: (1) work family conflict could influence subjective well-being directly, the direct effect was -0.275(P<0.001); but the indirect effect through work engagement wasn't significant. (2) work engagement could influence subjective well-being directly, the direct effect was 0.388(P<0.001); (3) job salary and promotion satisfaction could influence subjective well-being directly, the direct effect was 0.137(P<0.05); (4) job salary and promotion satisfaction could influence subjective well-being through work engagement, the indirect effect was 0.096, the total effect was 0.233; work engagement partially mediated the relation between them. Conclusion: We can enhance the subjective well-being of the primary and middle school principals through balancing work family conflict, improving work engagement, raising incomes and providing development opportunities.