Cedar Rapids, Iowa News, Sports, and Weather
Principal Financial Reverses Pay Cuts
DES MOINES - Higher profits mean Principal Financial is reversing some pay cuts it's made.
In March, the company trimmed employee salaries between 2-10%.
Now the Des Moines based company will restore the original salaries for workers making $40,000 a year or less.
Employees making more will have only part of their original salaries restored.