Relationship Managers rake in the most money, with average earnings of $74K per year; Application Developers come in second with average earnings amounting to $69K, while Financial Accountants and Operations Analysts rank near the top as well (around $60K and $50K, respectively). Administrative Assistants make an average about $25K, close to the bottom of the company pay scale.
When it comes to location, the highest average paycheck (approximately $70K annually) can be spotted in Irvine, Calif.; Dallas, Texas (about $70K), Chicago, Ill. ($68K), and Des Moines, Iowa ($65K) are the next top-paying cities. On the lower end is Nashville, Tenn. at around $44K. Across its U.S. offices, the state of California pays Principal Financial Group the most — $71K per year on average.
Years of Experience
For those with five to nine years of experience, average earnings amount to approximately $67K annually. Broken down by tenure, the largest share of Principal Financial Group employees (34 percent) have one to four years of experience and earn $57K per year on average.
Certifications and Degrees
Uniform Securities Agent State Law Holders have significantly higher pay than non-accredited workers at around $78K annually. Becoming an Investment Company Products/Variable Contracts Limited Representative can certainly pay off here; those folks make $77K on average. Principal Financial Group workers who hold a Master of Business Administration (MBA), Finance are also well compensated, earning about $145K on average.
In this role, the best-paying skill appears to be Project Management; individuals who claim it among their capabilities enjoy a higher median salary of $78K per year. A skill that is commonly seen around here is Microsoft Excel; approximately one in six deem it necessary for work. Other top skills include Customer Service, Microsoft Office, and SQL.
Benefits and Perks
Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. Health insurance is part of the package for a large number of survey participants, and for a large number of workers, dental coverage is too. Principal Financial Group folks also make good use of a casual working environment, a stock purchase plan, flexible hours, and gym membership.