Corporate Counsels are the best paid with the average salary hovering at about $138K annually; Directors of Operations, Marketing Directors, and Account Managers also rank near the top of the list, pulling in $130K, around $77K, and approximately $67K, respectively. Earning only $45K on average, Sales Support Specialists make less than most people in the company.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $56K per year. For those with one to four years of experience, median paychecks reach $51K annually. When we consider tenure, a substantial portion of employees (28 percent) have been working for 10-19 years and make about $70K per year on average.
When it comes to location, the highest average paycheck ($73K annually) can be spotted in Houston, Texas; Columbia, Md. (around $67K), Irvine, Calif. ($61K), and St. Louis, Mo. (approximately $60K) are the next top-paying cities. On the lower end is Jacksonville, Fla. at $53K. Principal Financial Group workers in Texas earn the most — $73K per year on average.
Certifications and Degrees
Project Management Professionals receive bigger paychecks (around $118K annually) than those without credentials. Licensed Lawyers also rank high on the pay scale, with expected average earnings of approximately $108K per year. It pays to have a Master of Business Administration (MBA) at Principal Financial Group — these employees make the most at about $98K annually.
In this position, it pays to have SQL in your toolkit; employees who claim proficiency enjoy a higher median salary of $79K per year. A common skill in Principal Financial Group's work force is Microsoft Excel; nearly one in seven of survey participants report using it on the job. Employees also tend to know Customer Service, Microsoft Office, and Customer Relationship Management.
Benefits and Perks
The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. A large number of employees can count on health insurance, and a large number of respondents have dental coverage as a benefit. Perks also include a stock purchase plan, flexible hours, gym membership, and life insurance.