Average Salary for Principal Financial Group Employees

The average Principal Financial Group employee earns $62K annually. How long you've been working influences pay for Principal Financial Group workers the most, followed by your job title and your city. 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

Years of Experience

Those who have five to nine years of work experience see average salaries of $60K per year. When we consider tenure, a substantial portion of employees (31 percent) have been working for one to four years and make $52K annually on average.


Software Applications Analysts represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at approximately $67K per year — though Financial Analysts, Compliance Analysts, and Operations Analysts also do fairly well at $66K, about $61K, and around $50K, respectively. Near the bottom at Principal Financial Group are Sales Support Specialists, pulling in an average of just $45K.


When it comes to location, the highest average paycheck ($73K annually) can be spotted in Houston, Texas; Irvine, Calif. ($65K), Des Moines, Iowa (around $61K), and Appleton, Wisc. (approximately $54K) are the next top-paying cities. Wilmington, Del. ranks low on the pay scale — at about $51K, it is one of the lowest-paid cities. By state, Principal Financial Group employees make the most in Texas, earning $78K per year on average.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Licensed Lawyers, who make $83K annually. Microsoft Certified Professionals also rank high on the pay scale, with expected average earnings of approximately $72K per year. The highest-paying degree here is a Bachelor of Science in Computer Science (CS); Principal Financial Group awards about $81K to these degree-holders.


The highest-paying skill to have may be Financial Reporting; employees who claim proficiency also report a higher average salary of $81K annually. One of the more prevalent skills at Principal Financial Group is Microsoft Excel, with nearly one in seven considering it a key competency. Customer Service, Financial Analysis, and Java are also desirable skills.

Benefits and Perks

Employees can save for retirement by joining one of several savings plans such as a 401(k) plan and a company pension plan. Most workers can count on health insurance, and most respondents have dental coverage as a benefit. Other privileges include a stock purchase plan, gym membership, flexible hours, and life insurance.

Principal Financial Group Employer Job Listings

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Key Stats for Principal Financial Group


39 %
61 %
$34,769 - $62,044
$42,314 - $91,823
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 23 votes.

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