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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

72% would recommend to a friend

(2,590 total reviews)
avatar

Deanna Strable

81% approve of CEO

69% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,590 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Principal Financial Group employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

3K reviews
3.0
May 6, 2024

Lots of changes

Recommend
CEO approval
Business Outlook

Pros

Working on better office culture

Cons

Constantly changing processes and doing transactions that are more complicated than the last

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Principal Financial Group Response
2y
We appreciate your note. We're invested in building the best possible experience for our employees, and appreciate your feedback on processes as it helps us to grow and improve.
4.0
Apr 22, 2024
Recommend
CEO approval
Business Outlook

Pros

Good work life balance Nice people to work with Has cash balance pension

Cons

Compensation is not competitive. Hard to get promoted Not very support remote work arrangement

avatar
Principal Financial Group Response
2y
Thank you for sharing your perspective. Principal has been committed to providing a tailored approach to life and work for our employees for more than 50 years. We remain committed to flexibility and supporting a variety of work arrangements. Our guidance helps balance the value employees place on flexibility with the value of working together in person when and where we can. As a leading provider of retirement solutions and employee benefits, we offer our employees a competitive benefits package. One of our guiding principles of our global pay philosophy is to be market driven. This means that total pay is set and administered in alignment with the external labor markets in which we compete for talent.
3.0
Apr 18, 2024

Not ready for prime-time

Recommend
CEO approval
Business Outlook

Pros

Relaxed work environment; autonomy around schedule; no fixed vacation allowance

Cons

Bureaucratic; very Des Moines led; poor systems

avatar
Principal Financial Group Response
2y
Thanks for sharing your perspective. We're invested in building the best possible experience for our employees and appreciate your feedback as it helps us to grow and improve.
Viewing 301 - 303 of 2,590 Reviews

Glassdoor has 3,081 Principal Financial Group reviews submitted anonymously by Principal Financial Group employees. Read employee reviews and ratings on Glassdoor to decide if Principal Financial Group is right for you.