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Principal Financial Group overview

Industry
Insurance, Financial Services
Revenue
Headquarters
Employees
17,600
Founded in
Website
Organization type
Public
Social media
Principal Financial Group provides retirement savings, investment, and insurance products and services worldwide.
The staff at Principal Financial Group come from unusually diverse demographic backgrounds. The company is 57.7% female and 28.5% ethnic minorities. Principal Financial Group employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 64.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Principal Financial Group seem to be happy. The company has great employee retention with staff members usually staying for 5.3 years.The average employee at Principal Financial Group makes $56,798 per year. Pay at Principal Financial Group is significantly lower than some of its highest paying competitors, like AIG, Charles Schwab, and Raymond James Financial, which pay $84,115, $82,738, and $71,921, respectively.
Principal Financial Group is an industry leader with 17,600 employees and an annual revenue of $14.7B that is headquartered in Des Moines, IA.

Principal Financial Group's mission statement

Principal financial group is to help growing businesses, individuals and institutional clients achieve financial security and success, resulting in excellent shareholder value.

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4.3/5

Principal Financial Group employee reviews

Based on 3 ratings

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Job openings at Principal Financial Group
219 positions

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Principal Financial Group employee reviews

Principal Financial Group employee reviews
4.3/5

Based on 3 ratings

Work at Principal Financial Group? Share your experience.
Employee reviews
profile
5.0
A zippia user wrote a review on Apr 2021
Pros of working at Principal Financial Group

The company was a great company that cared a lot about its workers.

Cons of working at Principal Financial Group

The job I was doing was something that I couldn't see myself doing for more than a year.

Principal Financial Group benefits

I was a contractor so I did not have any perks but they would bring in a lot of food every week for team meals.

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profile
4.0
A zippia user wrote a review on Jun 2019
Pros of working at Principal Financial Group

It was a nice culture and environment to work in.

Cons of working at Principal Financial Group

Post internship job review did not properly reflect my accomplishments.

Principal Financial Group benefits

They had free gym access.

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The team at Principal Financial Group

  • The founders of Principal Financial Group is Edward Temple.
  • The key people at Principal Financial Group are Daniel Joseph Houston and Edward Temple.
Key people
Daniel Joseph Houston
Edward Temple

Principal Financial Group rankings

Principal Financial Group is ranked #41 on the Best companies to work for in Iowa list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Principal Financial Group salaries

Average Principal Financial Group salary
$56,798
yearly
$27.31 hourly
Updated March 14, 2024

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Principal Financial Group diversity

9.7
Diversity score
We calculated Principal Financial Group’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Principal Financial Group’s workforce.
Principal Financial Group diversity summary. Zippia estimates Principal Financial Group's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Principal Financial Group's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Principal Financial Group's workforce.
  • Principal Financial Group has 17,600 employees.
  • 58% of Principal Financial Group employees are women, while 42% are men.
  • The most common ethnicity at Principal Financial Group is White (71%).
  • 10% of Principal Financial Group employees are Hispanic or Latino.
  • 8% of Principal Financial Group employees are Asian.
  • The average employee at Principal Financial Group makes $56,798 per year.
  • Principal Financial Group employees are most likely to be members of the republican party.
  • Employees at Principal Financial Group stay with the company for 5.3 years on average.

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Principal Financial Group financial performance

9.8
Performance score

Highest paying Principal Financial Group competitors

Compare Principal Financial Group salaries to competitors, including AIG, Charles Schwab, and Raymond James Financial. Employees at AIG earn the highest average yearly salary of $84,115. The salaries at Charles Schwab average $82,738 per year, and the salaries at Raymond James Financial come in at $71,921 per year.
RankCompanyAverage salaryJobs
1$84,1150
2$82,7380
3$71,9210
4$70,6280
5$68,3540
6$62,7510
7$61,7930
8$59,6960
9$59,0890
10$56,8170

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Zippia gives an in-depth look into the details of Principal Financial Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Principal Financial Group. The employee data is based on information from people who have self-reported their past or current employments at Principal Financial Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Principal Financial Group. The data presented on this page does not represent the view of Principal Financial Group and its employees or that of Zippia.

Principal Financial Group may also be known as or be related to Principal Financial Group, Principal Financial Group Inc, Principal Financial Group, Inc. and Principal Residential Mortgage, Inc.