Nj/ Principal Financial Group Salary

As of September 2026, the average annual salary for employees at Nj/ Principal Financial Group in the United States is $109,604. This translates to an approximate hourly wage of $53. Salaries at Nj/ Principal Financial Group typically range from $96,080 to $124,292 annually, reflecting the diverse roles and experience levels within the company.
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Is Nj/ Principal Financial Group’s Pay Competitive? Salary Benchmarking Analysis

How does Nj/ Principal Financial Group's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Forest Financial Group Inc $109,256
-0.3%
Suggests Forest Financial Group Inc utilizes a highly similar base-plus-benefits compensation model.
Navadisha Financial Group $108,412
-1.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Woodstock Financial Group Inc $105,512
-3.7%
Typical compensation structure for smaller regional agencies like Woodstock Financial Group Inc.
Pdk Financial Group Inc $106,398
-2.9%
Indicates identical technical requirements and experience levels between the two firms.
Financial Services Industry $121,514
+10.9%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Nj/ Principal Financial Group

Considering a career at Nj/ Principal Financial Group? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Facilities teams keep everything running smoothly. Leadership is transparent and approachable, fostering a culture of trust and innovation. The benefits offered are comprehensive and thoughtful. The company offers meaningful work, steady professional development, and competitive compensation. Diverse, inclusive workplace that respects all voices.
The company empowers employees to build strong client relationships, and feedback is actively incorporated into improvements. I am impressed with the company’s dedication to diversity and inclusion, creating a respectful and supportive workplace. I enjoy the supportive team culture and open communication here. The company’s stability and growth prospects make it a great place to build a career. It...
Advancement opportunities are present and tied to tenure. This company respects work-life balance while driving innovation. We help clients navigate complex financial landscapes, making a real difference in their lives and futures. Collaborative culture fosters professional growth and innovation.
I'm proud to work for a financial firm that prioritizes integrity and client trust above all else. Benefits are okay, and it is somehow particularly competitive. It’s a place where I feel genuinely motivated every day.

Nj/ Principal Financial Group Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
300 Interpace Pkwy Parsippany New Jersey NJ 07054
Revenue
$5 Million - $10 Million
Phone Number
+1 9732999111
Social Media
About Nj/ Principal Financial Group
Nj/ Principal Financial Group is a company that operates in the Financial Services industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Parsippany, New Jersey.

What Benefits Does Nj/ Principal Financial Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Nj/ Principal Financial Group offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Nj/ Principal Financial Group.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Nj/ Principal Financial Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Nj/ Principal Financial Group salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Nj/ Principal Financial Group

1. How much does a Nj/ Principal Financial Group employee make?

Nj/ Principal Financial Group pays its employees an average of $109,604 per year. The average salary at Nj/ Principal Financial Group range from $96,080 to $124,292 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Nj/ Principal Financial Group?

The salary at Nj/ Principal Financial Group is higher than the similar company. The average annual salary at Nj/ Principal Financial Group is $109,604, or an hourly wage of $53, in comparison to Forest Financial Group Inc which pays $109,256 per year or $53 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Nj/ Principal Financial Group?

In many roles at Nj/ Principal Financial Group, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Jersey City affect the perceived value of a Nj/ Principal Financial Group salary?

Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). This significantly impacts the purchasing power of a salary from Nj/ Principal Financial Group based there. Our "Cost of Living Insights for Jersey City" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Nj/ Principal Financial Group typically offer employees?

Nj/ Principal Financial Group generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Nj/ Principal Financial Group" section on this page.