Working as a Principal Associate

There is more than meets the eye when it comes to being a principal associate. For example, did you know that they make an average of $57.9 an hour? That's $120,435 a year!

Between 2018 and 2028, the career is expected to grow 4% and produce 11,200 job opportunities across the U.S.

What Does a Principal Associate Do

There are certain skills that many principal associates have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed leadership skills, critical-thinking skills and decision-making skills.

When it comes to the most important skills required to be a principal associate, we found that a lot of resumes listed 16.8% of principal associates included communication, while 15.3% of resumes included project management, and 11.2% of resumes included healthcare. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the principal associate job title. But what industry to start with? Most principal associates actually find jobs in the finance and pharmaceutical industries.

How To Become a Principal Associate

If you're interested in becoming a principal associate, one of the first things to consider is how much education you need. We've determined that 29.3% of principal associates have a bachelor's degree. In terms of higher education levels, we found that 40.2% of principal associates have master's degrees. Even though most principal associates have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a principal associate. When we researched the most common majors for a principal associate, we found that they most commonly earn master's degree degrees or bachelor's degree degrees. Other degrees that we often see on principal associate resumes include high school diploma degrees or doctoral degree degrees.

You may find that experience in other jobs will help you become a principal associate. In fact, many principal associate jobs require experience in a role such as principal. Meanwhile, many principal associates also have previous career experience in roles such as assistant principal or teacher.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

Average Salary$120,435
Job Growth Rate4%

Principal Associate Jobs

Principal Associate Career Paths

Top Careers Before Principal Associate
Principal14.0 %
Teacher12.4 %
Show More
Top Careers After Principal Associate
Principal31.4 %
Show More

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Principal Associate

Principal Associates in America make an average salary of $120,435 per year or $58 per hour. The top 10 percent makes over $186,000 per year, while the bottom 10 percent under $77,000 per year.
Average Salary
$120,435

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Principal Architectural Associate
Principal Architectural Associate
University of California
University of California
02/22/2020
02/22/2020
$58,08102/22/2020
$58,081
Principal Associate
Principal Associate
Chula Vista Elementary
Chula Vista Elementary
11/20/2019
11/20/2019
$92,66011/20/2019
$92,660
Principal Associate, Data Science
Principal Associate, Data Science
Capital One, National Association
Capital One, National Association
09/23/2019
09/23/2019
$81,32809/23/2019
$81,328
Principal Associate
Principal Associate
Texas Education Agency
Texas Education Agency
09/11/2019
09/11/2019
$103,35209/11/2019
$103,352
Principal Associate, Data Science
Principal Associate, Data Science
Capital One Services, LLC
Capital One Services, LLC
09/11/2019
09/11/2019
$89,39809/11/2019
$89,398
See More Recent Salaries

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Principal Associate Demographics

Gender

Male

56.7 %

Female

34.7 %

Unknown

8.6 %
Ethnicity

White

55.9 %

Hispanic or Latino

19.2 %

Asian

10.9 %
Show More
Foreign Languages Spoken

Spanish

47.2 %

French

11.1 %

Italian

8.3 %
Show More

Principal Associate Education

Schools

University of Houston

10.7 %

University of Pennsylvania

8.0 %

Harvard University

6.7 %

Arizona State University

5.3 %
Show More
Majors

Educational Leadership

21.3 %

Business

16.3 %

Education

9.2 %

Finance

6.0 %
Show More
Degrees

Masters

40.2 %

Bachelors

29.3 %

High School Diploma

8.9 %

Doctorate

8.2 %
Show More

Entry Level Jobs For Becoming A Principal Associate

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Principal Associate

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 16.8% of principal associates listed communication on their resume, but soft skills such as leadership skills and critical-thinking skills are important as well.

Best States For a Principal Associate

Some places are better than others when it comes to starting a career as a principal associate. The best states for people in this position are North Dakota, New Jersey, New Hampshire, and Iowa. Principal associates make the most in North Dakota with an average salary of $149,443. Whereas in New Jersey and New Hampshire, they would average $144,309 and $139,505, respectively. While principal associates would only make an average of $139,416 in Iowa, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New Jersey

Total Principal Associate Jobs:
162
Highest 10% Earn:
$233,000
Location Quotient:
1.95
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Rhode Island

Total Principal Associate Jobs:
21
Highest 10% Earn:
$225,000
Location Quotient:
2.21
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. New Hampshire

Total Principal Associate Jobs:
18
Highest 10% Earn:
$228,000
Location Quotient:
1.08
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
View Full List

How Do Principal Associate Rate Their Jobs?

Working as a Principal Associate? Share your experience anonymously.
Rate
Do you work as a Principal Associate?
Rate how you like work as Principal Associate. It's anonymous and will only take a minute.
Rate

Top Principal Associate Employers

1. In-N-Out Burger
4.1
Avg. Salary: 
$37,816
Principal Associates Hired: 
206+
2. Capital One
4.7
Avg. Salary: 
$63,540
Principal Associates Hired: 
171+
3. McKinsey & Company
4.9
Avg. Salary: 
$111,424
Principal Associates Hired: 
75+
4. Nomura
4.7
Avg. Salary: 
$103,746
Principal Associates Hired: 
15+
5. Charles River Associates
4.7
Avg. Salary: 
$100,614
Principal Associates Hired: 
14+
6. Abt Associates
4.5
Avg. Salary: 
$62,081
Principal Associates Hired: 
7+

Recently Added Principal Associate Jobs

Updated October 2, 2020