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Principal Financial Group

Engaged Employer

If you are a man you will fit right in and be treated like royalty. Women steer clear. I regret making this career move. - Anonymous employee Principal Financial Group Employee Review

1.0
Jan 7, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

If you are a man the office manager will love you and let you work your own schedule, get special treatment, etc.

Cons

Gender bias..men are wonderful, women..ehhhh, bullying by management. Senior management doesn't listen to employees at office level when they complain about a manager. Not following legal and ethical guidelines like they should. Doing whatever it takes to make the sale at all costs. Management thinks they are above the law for some reason.

Explore other reviews about Principal Financial Group

5.0
Jun 24, 2026
Recommend
CEO approval
Business Outlook

Pros

good FTO policy good opportunity for career development flexible work arrangements

Cons

health insurance sucks - United annual reviews- everything's made up and the points don't matter more and more pressure to be in-office despite team members being remote

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Principal Financial Group Response
5d
Thank you for taking the time to provide this feedback. Your input is valuable as we work to improve as an employer.
2.0
Jun 4, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent work life balance and benefits. Principal offers a pension which is unheard of in today’s age.

Cons

Pay is below average and Principal does not offer inflation raises. Once you hit the midpoint of your salary, you will get a 0% raise until you’re promoted, which will take multiple years regardless of performance. Performance reviews are vague and often used against employees to avoid promotions. At least in my department, I’ve yet to see any of the remote workers be promoted. This is starting to affect attrition and we’re already starting to see people leaving. It’s well known at this point that the best way to get promoted is to leave Principal and get rehired, which even leadership has stated publicly. This is a huge frustration and blow to morale, as it starts to feel like employees need to compete against their co-workers for raises.

1
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Principal Financial Group Response
2w
We appreciate you sharing your feedback. As a leader in retirement solutions and employee benefits, we strive to provide our employees with a competitive benefits package. Our global pay philosophy is guided by market-driven principles. and we leverage third-party market data to ensure our base salary and incentives remain appropriately competitive.
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