How does the salary as Software Engineer 1 at Principal Financial Group compare with the base salary range for this job?

The average salary for Software Engineer 1 is $153,914 per year (estimate) in US , which is 8% higher than the average Principal Financial Group salary of $142,817 per year (estimate) for this job.

What is the salary trajectory of a Software Engineer 1?

The salary trajectory of a Software Engineer 1 ranges between locations and employers. The salary starts at $138,709 per year (estimate) and goes up to $350,018 per year (estimate) for the highest level of seniority.

How much does a Software Engineer 1 make at Principal Financial Group?

The estimated average salary for a Software Engineer 1 at Principal Financial Group is $153,914 per year or $74 per hour, but some professionals have reported earning up to roughly $208,504 per year (90th percentile). The typical pay range is between $134,086 (25th percentile) and $180,715 (75th percentile) annually. This is based on 1 salaries submitted by Principal Financial Group Software Engineer 1 professionals on Glassdoor, as of Jul 2026.

What is the typical salary for a Software Engineer 1 per hour?

Software Engineer 1 professionals typically earn between $64 and $87 per hour.

What is the typical salary for a Software Engineer 1 per month?

Software Engineer 1 professionals typically earn between $11,174 and $15,060 monthly.

What is the pay for job titles similar to Software Engineer 1 at Principal Financial Group?

SWE Intern - with an estimated total pay of $57K - $98K/yr, Software Engineering Intern - with an estimated total pay of $88K - $123K/yr, Software Engineer Intern - with an estimated total pay of $90K - $123K/yr, Software Engineer I - with an estimated total pay of $92K - $121K/yr, Software Engineer 1 - with an estimated total pay of $93K - $127K/yr

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Principal Financial Group

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All Principal Financial Group salaries

Total salary range for Principal Financial Group Software Engineer-1

Total Pay

$121K

$170K_/yr

About our data

Confident

Last updated Apr 10, 20251 Salaries submitted

Pay breakdown

$143K

Median total pay

Base Pay

93.1%

$113K - $156K/yr

$133K/yrmedian

Bonus

6.9%

$7K - $14K/yr

$10K/yrmedian

Deep dive into Pay

Recent salaries shared by Software Engineer 1 at Principal Financial Group

Job Title | Years of Experience

Total Pay

Base • Additional pay

Location

Date submitted

Job Title | Years of Experience

Location

Date submitted

Total Pay

Base • Additional pay

Anonymously share your salary to help the community.

Software Engineer-1

1-3 years

$74K - $86K/yr

Des Moines, IA

submitted on Jul 20, 2022

$74K - $86K/yr

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Principal Financial Group pay FAQs

The average salary for Software Engineer 1 is $153,914 per year (estimate) in US, which is 8% higher than the average Principal Financial Group salary of $142,817 per year (estimate) for this job.
The salary trajectory of a Software Engineer 1 ranges between locations and employers. The salary starts at $138,709 per year (estimate) and goes up to $350,018 per year (estimate) for the highest level of seniority.
The estimated average salary for a Software Engineer 1 at Principal Financial Group is $153,914 per year or $74 per hour, but some professionals have reported earning up to roughly $208,504 per year (90th percentile). The typical pay range is between $134,086 (25th percentile) and $180,715 (75th percentile) annually. This is based on 1 salaries submitted by Principal Financial Group Software Engineer 1 professionals on Glassdoor, as of Jul 2026.
Software Engineer 1 professionals typically earn between $64 and $87 per hour.
Software Engineer 1 professionals typically earn between $11,174 and $15,060 monthly.
- SWE Intern with an estimated total pay of $57K - $98K/yr
- Software Engineering Intern with an estimated total pay of $88K - $123K/yr
- Software Engineer Intern with an estimated total pay of $90K - $123K/yr
- Software Engineer I with an estimated total pay of $92K - $121K/yr
- Software Engineer 1 with an estimated total pay of $93K - $127K/yr

Principal Financial Group pay & benefits Principal Financial Group salaries Principal Financial Group Software Engineer 1 salaries

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All Principal Financial Group salaries

Total salary range for Principal Financial Group Software Engineer-1

Total Pay

$121K

$170K_/yr

About our data

Confident

Last updated Apr 10, 20251 Salaries submitted

Pay breakdown

$143K

Median total pay

Base Pay

93.1%

$113K - $156K/yr

$133K/yrmedian

Bonus

6.9%

$7K - $14K/yr

$10K/yrmedian

Deep dive into Pay

Principal Financial Group pay FAQs

The average salary for Software Engineer 1 is $153,914 per year (estimate) in US, which is 8% higher than the average Principal Financial Group salary of $142,817 per year (estimate) for this job.
The salary trajectory of a Software Engineer 1 ranges between locations and employers. The salary starts at $138,709 per year (estimate) and goes up to $350,018 per year (estimate) for the highest level of seniority.
The estimated average salary for a Software Engineer 1 at Principal Financial Group is $153,914 per year or $74 per hour, but some professionals have reported earning up to roughly $208,504 per year (90th percentile). The typical pay range is between $134,086 (25th percentile) and $180,715 (75th percentile) annually. This is based on 1 salaries submitted by Principal Financial Group Software Engineer 1 professionals on Glassdoor, as of Jul 2026.
Software Engineer 1 professionals typically earn between $64 and $87 per hour.
Software Engineer 1 professionals typically earn between $11,174 and $15,060 monthly.
- SWE Intern with an estimated total pay of $57K - $98K/yr
- Software Engineering Intern with an estimated total pay of $88K - $123K/yr
- Software Engineer Intern with an estimated total pay of $90K - $123K/yr
- Software Engineer I with an estimated total pay of $92K - $121K/yr
- Software Engineer 1 with an estimated total pay of $93K - $127K/yr

Glassdoor

About / Press
Awards
Blog
Research
Contact Us
Guides

Employers

Free Employer Account
Employer Center
Employers Blog

Information

Help
Guidelines
Terms of Use
Privacy & Ad Choices
Do Not Sell Or Share My Information
Cookie Consent Tool
Security

Work With Us

Advertisers
Careers

Download the App

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