Principal Financial Group employees working as Software Engineer II in US have attributed a compensation and benefits rating of 4.1 out of 5 stars, based on 21 ratings. This is in line with the average of Software Engineer II professionals at Principal Financial Group worldwide.
The salary trajectory of a Software Engineer II ranges between locations and employers. The salary starts at $153,612 per year (estimate) and goes up to $370,480 per year (estimate) for the highest level of seniority.
The estimated average salary for a Software Engineer II at Principal Financial Group is $153,612 per year or $74 per hour, but some professionals have reported earning up to roughly $206,915 per year (90th percentile). The typical pay range is between $133,838 (25th percentile) and $179,817 (75th percentile) annually. This is based on 79 salaries submitted by Principal Financial Group Software Engineer II professionals on Glassdoor, as of Jul 2026.
Software Engineer II professionals typically earn between $64 and $86 per hour.
Software Engineer II professionals typically earn between $11,153 and $14,985 monthly.