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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

72% would recommend to a friend

(2,593 total reviews)
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Deanna Strable

79% approve of CEO

69% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,593 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
5.0
Mar 30, 2015

Open, fair and honest

Recommend
CEO approval
Business Outlook

Pros

Ethical company, lives its values; great leadership (the Presidents and CEO are so accessible and genuine); financially strong; numerous opportunities; making an investment in Des Moines campus to really improve the workplace. Also, #63 on recent Forbes list of 500 best employers. That's HUGE!

Cons

As with any company with longevity in a market, some of the more tenured employees are slow to let go of the way things used to be

5.0
Mar 18, 2015
Recommend
CEO approval
Business Outlook

Pros

The company is amazing, the support staff is almost and less and their expertise in the field has made my job so much easier. I have found when I don't feel comfortable talking about a product we offer that I can very quickly find someone who is an expert to guide me. If you work hard they are very good about rewarding you for your efforts and promotions come very quickly.

Cons

The office is still small, and the previous director was retiring so we have had to start fresh with the local office

4.0
Sep 12, 2014
Recommend
CEO approval
Business Outlook

Pros

Work Life balance is good in most areas. Retirement benefits are great, you get 401K and a pension. Onsite fitness center. Other benefits are OK. The people you work with are generally top notch, teams have a family feel. Some employees can work from home or remote.

Cons

If you work in a SCBU you'll have to deal with political infighting among the various business units. Once you reach a "senior" level in your position opportunities for advancement are slim to non existent if you don't have direct reports. Its not uncommon for senior staff level employees to retire having spent the previous 20 years with the same job title. At times work-life balance can tilt heavily towards work. Salary is on the high side of mediocre, other companies will pay more but Principal tries to make up for it with a flexible work environment. Another drawback is that during the remodeling some employees will get crammed into building with very little amenities.

Viewing 466 - 468 of 2,593 Reviews

Glassdoor has 3,085 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.