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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,584 total reviews)
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Deanna Strable

81% approve of CEO

67% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,584 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
1.0
Mar 21, 2019

Horrible

Recommend
CEO approval
Business Outlook

Pros

The benefits, except for the time off. You don’t get time off unless you know you’ll need it 3 months out. There were never enough employees to be able to request a day off the same month, let alone the same week. So you have to call in. Management actively encourages employees to request as many days off as they feel they need, even if you might not use them. So what you get is 20 people all requesting any day off that’s available so that when a person actually needs to take time off, there is none available. So you have to call in and you get punished. Appealing to management does nothing because “it’s in the handbook.”

Cons

Dismissive leadership, poor training (i only survived cuz of my experience), high turnover, archaic systems, customers and agents who regret placing business like you wouldn’t believe, no correspondence was principal reviewed, took me 6 months to get a new chair after I complained of back pains.

5.0
Oct 11, 2018
Recommend
CEO approval
Business Outlook

Pros

I actually love my job and enjoy going to work every day - that happens so rarely in life. Flex time off, work from home capabilities, higher than average pay, annual bonus, affordable healthcare program, 8% 401k match, pension plan, updated/newly renovated office space, flexibility to do my job when and where it works best for me, free financial counseling, free fitness center, free parking, free DART bus pass, fantastic CEO and leaders. Challenging and rewarding job. Reimbursed college tuition and CPA exam fees. Expected 3-5 weeks off per year minimum. Downtown Des Moines location. Incredibly ethical & charitable company. Encouraged to move across the company every few or so years, leaders prefer that you move to stay interested, motivated, and use your skills to the best capabilities.

Cons

Just like any Accounting job - the hours can be 40+, for me it rests in the 45-50 range. Large company means slow to change directions and meetings on meetings to get there - but open hearing ears are helpful.

Viewing 31 - 33 of 2,584 Reviews

Glassdoor has 3,074 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.