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Average Salary for Principal Financial Group Employees

Compensation for Principal Financial Group employees tends to be around $60K per year. Though what you do at the company and where you live are influential salary factors for those at Principal Financial Group, your experience level turns out to have the greatest impact on paycheck size. This overview is based on answers to PayScale's salary questionnaire.

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
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$33K$66K$99K
[-]Administrative Assistant (4)
$27,332 - $53,561  
   
[-]Administrative Assistant (4)
Salary$35,209 - $63,135  
   
Total Pay$27,332 - $53,561  
[+]Sales Support Specialist (3)
$30,585 - $68,710  
   
[+]Sales Support Specialist (3)
Salary$32,154 - $66,122  
   
Bonus$405.77 - $7,362  
Total Pay$30,585 - $68,710  
[+]Marketing Consultant (3)
$30,587 - $80,626  
   
[+]Marketing Consultant (3)
Salary$29,016 - $67,748  
   
Bonus$322.15 - $8,270  
Total Pay$30,587 - $80,626  
[+]Account Executive (3)
$43,726 - $98,737  
   
[+]Account Executive (3)
Salary$42,479 - $87,423  
   
Bonus$794 - $27,640  
Total Pay$43,726 - $98,737  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 8 Nov 2014 | Individuals Reporting: 87
United States (change)

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

Years of Experience

Those who have five to nine years of work experience see an average salaries of $57K. For those with one to four years of experience, paychecks typically reach $48K. Broken down by tenure, the largest share of Principal Financial Group employees (33 percent) have 10-19 years of experience and typically earn approximately $70K annually.

Jobs

Bringing in the most money are Relationship Managers — their earnings average about $78K. Operations Managers are a close second at around $74K along with Account Managers ($67K) and Account Executives ($64K). Investor Relations Specialists are among the lowest paid at about $38K.

Locations

When it comes to location, the highest average paycheck (approximately $73K per year) can be spotted in Houston; Irvine ($68K), Columbia (around $67K), and Des Moines ($63K) are the next top-paying cities. Approaching the lower end of the pay scale (at $52K) is Jacksonville. The highest pay by state can be found in Texas, where salaries average out at $73K annually.

Certifications and Degrees

Project Management Professionals earn $118K, far more than their non-accredited counterparts. Earning a Licensed Lawyer certification garners significant financial rewards of about $108K per year. Those with a Bachelor of Science in Finance at Principal Financial Group come out on top, and their salaries approach approximately $91K annually.

Skills

When it comes to skills, employees who report Project Management among their abilities seem to make the most, reporting a median income of around $81K. Customer Relationship Management is a popular skill among Principal Financial Group workers, with just under a fifth of those surveyed reporting using it on the job. Three more common skills are Microsoft Office, Microsoft Excel, and Customer Service.

Benefits and Perks

With an eye toward the future, Principal Financial Group offers several choices in retirement planning such as a 401(k) plan and a company pension plan. Health insurance is part of the package for a strong majority of workers, and for the greater part of workers, dental coverage is too. Other privileges include a stock purchase plan, life insurance, flexible hours, and gym membership.

Principal Financial Group Job Listings

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Key Stats for Principal Financial Group

Gender

Female
50 %
Male
50 %
Salary
$35,479 - $65,834
Salary
$45,110 - $101,341
Less than 1 year
8%
1-4 years
20%
5-9 years
26%
10-19 years
32%
20 years or more
14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.

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