Average Salary for Principal Financial Group Employees

The median salary at Principal Financial Group is $63K per year. Though geography and your experience level do impact pay, what you do at the company is the primary influence on employee salary at Principal Financial Group. This report is based on answers to PayScale's salary questionnaire.

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Principal Financial Group Median Salary by Job


Application Developer
10 profiles

Financial Advisor
6 profiles

Relationship Manager
5 profiles

United States (change)

Sales Support Specialist
5 profiles

Financial Accountant
3 profiles

Administrative Assistant
3 profiles

Senior Database Administrator (DBA)
3 profiles

See all degrees for Principal Financial Group »
  • Currency: USD
  • Updated: 02 Nov 2017
  • Individuals Reporting: 141
  • View Table

Find out more about pay at Principal Financial Group

About This Company

United States of America 

Accident and Health Insurance, Financial Services

Principal Financial Group, The

Source: Freebase


Senior Database Administrators are the best paid with the average salary hovering at about $101K annually; Software Applications Analysts, Relationship Managers, and Application Developers also rank near the top of the list, pulling in $77K, around $72K, and $70K, respectively. Earning only $25K on average, Administrative Assistants make less than most people in the company.


When it comes to location, the highest average paycheck (approximately $72K per year) can be spotted in Irvine, Calif.; Dallas, Texas (about $70K), Chicago, Ill. (around $68K), and Des Moines, Iowa (approximately $64K) are the next top-paying cities. Tampa, Fla. is one of the lowest-paid cities, with earnings averaging $50K. By state, Principal Financial Group pays its California employees the most; the pay rate there is $73K annually.

Years of Experience

For those with five to nine years of experience, average earnings amount to $67K per year. The largest fraction of Principal Financial Group people (36 percent) have been working for one to four years and earn around $58K annually on average.

Certifications and Degrees

Being a Certified Scrum Product Owner certainly has its perks — salaries approach $109K per year and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Microsoft Certified Professionals with credentials; these people earn approximately $71K annually on average. Regarding salaries and education, Principal Financial Group pays those with a Bachelor of Business Administration (BBA) the most — $71K.


In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $75K per year. Microsoft Excel is considered a run-of-the-mill skill; roughly a sixth of Principal Financial Group's people use it regularly. Some other standard skills here are Customer Service, SQL, and Microsoft Office.

Benefits and Perks

Workers can easily stock up on retirement savings by participating in several options such as a 401(k) plan and a company pension plan. For a large number of employees, benefits include health insurance, and a large number of respondents get dental coverage, too. Additional benefits of working here are a casual working environment, a stock purchase plan, flexible hours, and life insurance.

Principal Financial Group Job Listings

Key Stats for Principal Financial Group


43 %
57 %
$35,808 - $70,332
$42,669 - $85,941

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 41 votes.
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Popular Locations for Principal Financial Group

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