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Average Salary for Principal Financial Group Employees

Employees at Principal Financial Group make $60K per year on average. Your role at the company is the biggest factor affecting pay for Principal Financial Group workers, followed by your experience level and where you live. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

Principal Financial Group typically pays:
7%
above market

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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


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Directors of Operations are the best paid with the average salary hovering at $130K annually; Marketing Directors, Account Executives, and Inside Sales Specialists also rank near the top of the list, pulling in approximately $77K, about $63K, and $56K, respectively. Near the bottom at Principal Financial Group are Investor Relations Specialists, pulling in an average of just around $38K.

Years of Experience

Those with one to four years of experience at the company can expect to make $51K per year on average. Those who have five to nine years of work experience see average salaries of around $58K annually. The largest slice of the Principal Financial Group workforce (27 percent) has been working for 10-19 years and earns, on average, approximately $78K per year.

Locations

When it comes to location, the highest average paycheck (about $67K annually) can be spotted in Columbia, Md.; Irvine, Calif. ($61K), Des Moines, Iowa ($61K), and St. Louis, Mo. ($60K) are the next top-paying cities. Approaching the lower end of the pay scale (at about $52K) is Appleton, Wisc. The highest pay by state can be found in Texas, where salaries average out at $73K per year.

Certifications and Degrees

Being a Fellow of the Society of Actuaries certainly has its perks — salaries approach approximately $120K annually and far exceed the paychecks of those without certification. On average, salaries rise to $108K per year for accredited Licensed Lawyers. The best paid folks at Principal Financial Group have a Master of Business Administration (MBA), earning $98K annually.

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 around $79K per year. Java is regularly seen around here; nearly one in eight of those surveyed report it as a core competency. Other top skills include Customer Relationship Management, Microsoft Excel, and Customer Service.

Benefits and Perks

It's easy to build up retirement reserves here with programs such as a 401(k) plan and a company pension plan. Principal Financial Group provides health insurance to a large number of survey participants, and most employees do receive dental coverage. Principal Financial Group folks also make good use of a stock purchase plan, flexible hours, gym membership, and life insurance.

Principal Financial Group Job Listings

We were unable to find any job listings. With PayScale's Job Search Engine you can search one of the web's most comprehensive job listings databases, so give it a try.

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Key Stats for Principal Financial Group

Gender

Female
43 %
Male
57 %
Salary
$38,000 - $61,374
Salary
$45,789 - $95,703
Less than 1 year
8%
1-4 years
27%
5-9 years
26%
10-19 years
27%
20 years or more
13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.
United States (change)

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