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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)
      avatar

      Deanna Strable

      81% approve of CEO

      67% positive business outlook

      Ratings by category

      4.0

      Diversity & inclusion

      4.0

      Work/Life balance

      3.9

      Culture & values

      3.7

      Compensation and benefits

      3.6

      Career opportunities

      3.4

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      3K reviews
      2.0
      Dec 29, 2021

      Be warned - trajectory is changing

      Senior software engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Fancy buildings that mostly stand empty Good work/life balance

      Cons

      The culture is changing. In an effort to project wokeness, biases are occurring in the hiring and promotion cycle. If you are a female minority, this is the place for you. But if you are an OWM (old white male) your hiring chances or advancement are severely limited. Principal also continues to cut benefits - after a wave of cuts to the retirement plans, they have now scaled back a very popular employee stock purchase benefit.

      2.0
      Sep 30, 2019

      It's like working in a call center that you cannot leave....ever

      Short term disability case manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Management strives for a positive work culture; Training and management team are very supportive and kind; Flexible schedules; Ability to work remotely.

      Cons

      You cannot manage your caseload without doing overtime; It's difficult to take a day off due to what will be waiting for you; Workload makes you feel like you work in a call center with added responsibilities. It is generally a very overwhelming job. Many of your customers will be disgruntled due to not understanding their policy (IE: waiting periods, benefit amounts, the need for reviews). At times, you are encouraged to "find" a pre-existing condition to prevent paying a customer even if not warranted.

      1.0
      Jan 12, 2017

      Managing Director

      Managing director
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great potential opportunity if they had a clue

      Cons

      Unrealized Potential because of incompetent home office leadership. Lack of resources and support. No vision for growth. No sense of competitiveness in the marketplace

      Viewing 43 - 45 of 2,584 Reviews
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      ReviewsPrincipal Financial Group 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.