Corporate Counsels are awarded the highest paychecks, with compensation nearing around $138K per year on average; Relationship Managers are next on the list, bringing in close to about $78K, followed by Financial Analysts earning $66K and Compliance Analysts making approximately $64K. With salaries averaging $51K, Marketing Consultants are among the lowest paid at Principal Financial Group.
Years of Experience
Those who have five to nine years of work experience see average salaries of $58K annually. Overall, the greater share of Principal Financial Group folks have one to four years of experience and earn an average about $51K per year.
When it comes to location, the highest average paycheck (around $73K annually) can be spotted in Houston, Texas; Columbia, Md. ($67K), Des Moines, Iowa ($61K), and Irvine, Calif. ($61K) are the next top-paying cities. High paychecks are not found in Jacksonville, Fla.; in fact, at approximately $53K it is one of the worst-paid cities. Within the firm, employees working in Texas take home the most — $73K per year on average.
Certifications and Degrees
Monetary compensation comes to $108K annually for Licensed Lawyers, far surpassing the earnings of non-credentialed workers. Acquiring certification to be a Certified Information Systems Security Professional is rewarded with median pay of about $92K per year. The highest-paying degree here is a Master of Business Administration (MBA); Principal Financial Group awards $100K to these degree-holders.
The highest-paying skill to have in this role seems to be SQL; employees claiming this as part of the toolbox earn a median of approximately $79K annually. A garden variety skill at Principal Financial Group is Customer Service; about an eighth of Principal Financial Group's people use it regularly. Employees also tend to know Microsoft Excel, Java, and Financial Analysis.
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. The vast majority of respondents report having health insurance, and a large number of workers report having dental coverage. Advantages of working here also include a stock purchase plan, flexible hours, gym membership, and life insurance.