Principal Financial Services Inc Salary

Principal Financial Services Inc Salary

How much does the Principal Financial Services Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Principal Financial Services Inc in the United States is $124,983. This translates to an approximate hourly wage of $60. Salaries at Principal Financial Services Inc typically range from $109,605 to $141,925 annually, reflecting the diverse roles and experience levels within the company. Principal Financial Services Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Principal Financial Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Principal Financial Services Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Principal Financial Services Inc

Ready for your next career move? Explore current job openings at Principal Financial Services Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Principal Financial Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Principal Financial Services Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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90k
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30k
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Average Salary ($/year)
Principal Financial Services Inc
Insurance
Intact Insurance Group USA LLC
Travelers Insurance Co
Industry Comparison
Our data shows that, on average, compensation at Principal Financial Services Inc is above the average for the U.S. Insurance industry by approximately 1%. This positioning suggests their pay is competitive within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Principal Financial Services Inc average annual salary with several similar companies. Principal Financial Services Inc average salary of $124,983 is lower than Intact Insurance Group USA LLC, which has an average salary of $136,691. It is lower than Travelers Insurance Co, with their average salary at $154,581. This places Principal Financial Services Inc in a developing position among its peers.
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The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Principal Financial Services Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Principal Financial Services Inc. Click a company name to learn more.

Employee Reviews: Working at Principal Financial Services Inc

Considering a career at Principal Financial Services Inc? 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.
Colleagues are always willing to help, creating a strong team dynamic. Training sessions are comprehensive, ensuring employees are well-equipped for their roles. This insurance company provides a structured work environment with well-defined roles. The benefits are excellent, and management is supportive of career advancement. It’s a solid place for those who prefer stability. It’s a dependable em...
Commented in April 14, 2025
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The culture is positive, and teamwork is encouraged. Benefits, including health insurance and retirement plans, are excellent. Overall, it’s a great place to advance in the insurance industry. The orhanization have established protocols for most tasks, which can be helpful for efficiency. The organization runs efficiently with well-defined roles.
Commented in February 13, 2025
18
2
Standard insurance industry perks. The company culture promotes teamwork and innovation in the insurance space. I’ve been with this company for three years, and it’s been a great journey.
Commented in July 31, 2024
38
3
Colleagues are helpful, and management is fair. The work environment is structured, and processes are well-defined, which helps in maintaining efficiency. Managers are attentive and provide clear direction, making it easy to meet objectives. This company offers a steady career path in insurance. Compensation is competitive, and the company offers flexible work arrangements when needed.
Commented in February 20, 2024
9
3

Principal Financial Services Inc Overview

Website
www.principal.com
Founded In
1879
Employees
15,000 - 50,000 employees
Industry
Insurance
Headquarter Address
711 High St Des Moines Iowa IA 50392
Revenue
$10B - $50B
Phone Number
+1 8009863343
Social Media
About Principal Financial Services Inc
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. It operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulat

What Benefits Does Principal Financial Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Principal Financial Services Inc 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 Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at Principal Financial Services Inc.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from Principal Financial Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Principal Financial Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Principal Financial Services Inc

1. What is the average salary for employees at Principal Financial Services Inc?

The average annual total compensation for employees at Principal Financial Services Inc is approximately $124,983. However, this is an aggregate figure, actual salaries can range significantly, typically from $109,605 to $141,925, depending on factors like job role, experience, and location.

2. How much does Principal Financial Services Inc pay compared to Intact Insurance Group USA LLC?

The average annual salary at Principal Financial Services Inc is $124,983, or an hourly wage of $60, in comparison to Intact Insurance Group USA LLC which pays $136,691 per year or $66 per hour.

3. What is the lowest salary at Principal Financial Services Inc?

The lowest-paying job at Principal Financial Services Inc is a Head of Information Technology with a salary of $378,675 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Principal Financial Services Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Principal Financial Services Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Principal Financial Services Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Des Moines?

While some companies offer formal COLA, many, including potentially Principal Financial Services Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Principal Financial Services Inc?

Most companies, likely including Principal Financial Services Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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