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Principal Financial Reverses Pay Cuts

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    April 26, 2014 | 9:02 pm
    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.

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