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Principal Financial Group

Engaged Employer

Good work place,employee centric.Nice employee policies,great leadership and no words to say about the best work culture - Associate Consultant Principal Financial Group Employee Review

5.0
Dec 19, 2015
Recommend
CEO approval
Business Outlook

Pros

I'm working with pgs pune from more than a year and I'm having a list of pros for this company. 1. Work life balance. 2. Good pay 3. Great work culture. 4. Nice salary hike. 5. Leave policy. 6. You can explore latest tools and technologies here. 7. HO team will treat you as of their team member and not any offshore team. 8. Free cab service :p 9. No weekend work. ( Although it might vary as per your team, since last one year I have never visited office on Saturday/ sunday) I would like to recommend this company if you get a chance to work here. It's gonna be a very good experience for you.

Cons

The only bad thing, I can see here is less onsite opportunity. If you are having onsite aspiration never join this company.

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

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.

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Principal Financial Group Response
1w
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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