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Updated April 5, 2024

Average Principal Financial Group salary in Michigan

$56,808

$27.31 hourly

Entry-level Principal Financial Group salary in Michigan

$33,000 yearly

How much does Principal Financial Group pay in Michigan?

The average Principal Financial Group salary in Michigan is $56,808. Principal Financial Group salaries range between $33,000 to $95,000 per year in Michigan. Principal Financial Group Michigan based pay is higher than Principal Financial Group's United States average salary of $56,804. The best-paying job in Michigan at Principal Financial Group is consulting director of sales, which pays an average of $152,020 annually.

Principal Financial Group salaries in Michigan by job title

Principal Financial Group’s highest-paying job in Michigan is consulting director of sales, with an average salary of $152,020. In second place is sales vice president, which pays $139,618 annually in Michigan.

Highest paying jobs at Principal Financial Group in Michigan

RankJob titleAverage Principal Financial Group salaryHourly pay
1Consulting Director Of Sales$152,020$73
2Sales Vice President$139,618$67
3Engineering Director$134,767$65
4Global Director$133,056$64
5Enterprise Architect$126,353$61
6Lead Portfolio Manager$110,524$53
7Senior Unix Systems Administrator$110,195$53
8Marketing Director$109,821$53
9Senior Software Engineer Manager$108,466$52
10Software Engineer Lead$103,266$50

Highest paying cities in Michigan for Principal Financial Group

The highest paying cities in Michigan for Principal Financial Group employees are Detroit, Southfield, and Grand Rapids.

Principal Financial Group workers in Detroit earn an average salary of $56,831 a year, compared to Southfield with an average salary of $56,819 and Grand Rapids with an average salary of $56,297.

Highest paying cities in Michigan at Principal Financial Group

RankCityAverage Principal Financial Group salaryHourly pay
1Detroit, MI$56,831$27
2Southfield, MI$56,819$27
3Grand Rapids, MI$56,297$27

Principal Financial Group salaries in Michigan by department

The departments with the highest salaries for Principal Financial Group employees in Michigan are Engineering, Non Profit/Government, and IT.

Michigan Principal Financial Group employees in the Engineering department earn an average salary of $85,783 a year, compared to an average salary of $83,675 in the Non Profit/Government department and $73,669 in the IT department.

Highest paying departments at Principal Financial Group in Michigan

RankDepartmentAverage Principal Financial Group salaryHourly pay
1Engineering$85,783$41
2Non Profit/Government$83,675$40
3IT$73,669$35
4Business Development$72,430$35
5Marketing$65,118$31
6Accounting$56,170$27
7Finance$55,369$27
8Retail$55,364$27
9Art/Design$54,529$26
10Sales$52,714$25

Principal Financial Group competitors salaries in Michigan

The highest paying Principal Financial Group competitor in Michigan is AIG. The average salary at AIG in Michigan is $152,020. The lowest paying Principal Financial Group competitor in Michigan is The Hartford.
RankCompany nameAverage pay in MichiganHourly pay
1AIG$79,459$38
2Charles Schwab$76,319$37
3MassMutual$69,575$33
4Fidelity Investments$67,377$32
5Raymond James Financial$66,657$32
6Mutual of Omaha$60,891$29
7Prudential Financial$60,173$29
8Genworth$59,610$29
9Ameriprise Financial$59,228$28
10The Hartford$59,095$28

Recently added Principal Financial Group salaries in Michigan

JobLocationDate addedSalary
Business ConsultantGrand Rapids, MI02/17/2025$46,060
Finance AdvisorGrand Rapids, MI01/03/2025$100,000

Frequently asked questions about Principal Financial Group pay in Michigan

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