Average Salary for Principal Financial Group Employees

An average Principal Financial Group employee can expect to make $62K per year. Your job title is the biggest factor affecting pay for Principal Financial Group workers, followed by where you live and your experience level. The data for this overview comes from answers to PayScale's salary questionnaire.

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Employer: Principal Financial Group
Average Salary Range by Job

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About This Company

United States of America 

Accident and Health Insurance, Financial Services

Principal Financial Group, The


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Jobs

Software Applications Analysts earn the highest median pay at $77K annually, followed by Application Developers ($69K), Financial Analysts (about $66K), and Relationship Managers ($64K). Near the bottom at Principal Financial Group are Financial Advisors, pulling in an average of just approximately $45K.

Locations

When it comes to location, the highest average paycheck (around $70K per year) can be spotted in Irvine, Calif.; Des Moines, Iowa ($63K), Wilmington, Del. (about $62K), and Dallas, Texas ($59K) are the next top-paying cities. Expected earnings are below average ($44K) in Nashville, Tenn., one of the lowest-paid cities. By state, the highest compensation levels appear in California, where the average salary is approximately $70K annually.

Years of Experience

Those who have five to nine years of work experience see average salaries of around $63K per year. The largest slice of the Principal Financial Group workforce (37 percent) has been working for one to four years and earns, on average, $55K annually.

Certifications and Degrees

Salaries approach $109K per year for Certified Business Analysis Professionals; non-accredited workers make much less. Acquiring certification to be a Certified Six Sigma Green Belt is rewarded with median pay of around $92K annually. At Principal Financial Group, employees who hold an Associate of Applied Science (AAS) receive the highest salaries at about $85K.

Skills

In this role, the best-paying skill appears to be SQL; individuals who claim it among their capabilities enjoy a higher median salary of $69K per year. Microsoft Excel is considered a run-of-the-mill skill; approximately one in seven of Principal Financial Group's people use it regularly. Customer Service, Microsoft Office, and Customer Relationship Management are also desirable skills.

Benefits and Perks

Principal Financial Group helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. Health insurance is part of the package for a large number of respondents, and for most employees, dental coverage is too. A few more workplace perks are gym membership, a stock purchase plan, flexible hours, and a casual working environment.

Principal Financial Group Employer Job Listings

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Key Stats for Principal Financial Group

Gender

Female
39 %
Male
61 %
Salary
$35,106 - $70,462
Salary
$41,797 - $92,076

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.
037
Less than 1 year
7%
1-4 years
38%
5-9 years
18%
10-19 years
21%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

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