Average Salary for Principal Financial Group Employees

Principal Financial Group pays its employees $61K per year on average. For the most part, employee paychecks at Principal Financial Group fluctuate depending on what you do at the company; your experience level and where you live also matter, but to a lesser degree. The data for this report comes from responses to the PayScale salary survey.

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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

The highest average salaries go to Corporate Counsels, who bring in close to about $138K annually, though Relationship Managers are not far behind at around $78K along with Financial Analysts ($66K) and Compliance Analysts ($64K). Principal Financial Group hands out some of the smallest paychecks to Marketing Consultants (approximately $51K on average).

Years of Experience

Those who have five to nine years of work experience see average salaries of $58K per year. When we consider tenure, a substantial portion of employees (28 percent) have been working for one to four years and make about $51K annually on average.

Locations

When it comes to location, the highest average paycheck ($73K per year) can be spotted in Houston, Texas; Columbia, Md. ($67K), Des Moines, Iowa (approximately $61K), and Irvine, Calif. (around $61K) are the next top-paying cities. High paychecks are not found in Jacksonville, Fla.; in fact, at $53K it is one of the worst-paid cities. Within the firm, employees working in Texas take home the most — $73K annually on average.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Licensed Lawyers, who make about $108K per year. Becoming a Certified Information Systems Security Professional can certainly pay off here; those folks make around $92K on average. Principal Financial Group provides the highest financial reward to those with a Master of Business Administration (MBA) — these employees rake in $100K annually.

Skills

When it comes to skills, employees who report SQL among their abilities seem to make the most, reporting a median income of $79K per year. It's pretty common to find people here who know Customer Service; nearly one-eighth consider it a key competency. Many workers usually know Microsoft Excel, Java, and Financial Analysis as well.

Benefits and Perks

Workers wishing to put aside retirement money are in luck; Principal Financial Group sponsors various plans such as a 401(k) plan and a company pension plan. At Principal Financial Group, a large number of workers have health insurance, and a large number of survey participants have dental coverage. Some other perks are a stock purchase plan, flexible hours, gym membership, and life insurance.

Principal Financial Group Job Listings

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Key Stats for Principal Financial Group

Gender

Female
41 %
Male
59 %
Salary
$35,235 - $62,753
Salary
$44,385 - $98,420
Less than 1 year
7%
1-4 years
29%
5-9 years
26%
10-19 years
23%
20 years or more
15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.

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