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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

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
3.0
Mar 26, 2025
Recommend
CEO approval
Business Outlook

Pros

A lot of really bright people to collaborate with as long as management stays our of the way.

Cons

A lot of moving parts. Really poor developer onboarding. Pay is not nearly as competitive as it should be considering the complexity of the work. Benefit keep getting reduce. RTO isn't really about productivity. It's about downtown economic impacts.

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Principal Financial Group Response
1y
We appreciate your feedback and are very sorry to hear about your experience. Please know this information is invaluable for us as we continue to learn, grow and improve
1.0
Jan 3, 2025

Bad Leadership

Recommend
CEO approval
Business Outlook

Pros

Close to home and availability to work remote when needed.

Cons

They promote based on who they like and not who has the most skills/experience. They are biased when giving raises when your team did better than another’s and they get a raise when you don’t, true bias. It’s about being a yes man and not a space to help initiate true innovations. I wouldn’t work here.

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Principal Financial Group Response
1y
Thank you for taking the time to share your experience. At Principal, we seek to foster an innovative, inclusive, and collaborative culture. Please know this information is invaluable for us as we continue to learn, grow and improve. If there is anything else you’d like to share, you can anonymously report through the Ethics Hotline (1-866-858-4433) or the Unethical or Fraudulent Activity Reporting form: https://secure.ethicspoint.com/domain/media/en/gui/54514/index.html.
2.0
Dec 7, 2024
Recommend
CEO approval
Business Outlook

Pros

A great place to work if you have a great leader.

Cons

Your manager determines: Your mental health Your promotions Your career goals Your work-life balance Your best interests During the interview process I met with my manager, and we had great connection. Shortly after starting my manager was changed and I received a toxic manager who not only demoted my career but my physical, emotional and mental health. Human resources did not provide any support when asked, everything is determined by your leader.

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Principal Financial Group Response
1y
Thank you for bringing this to our attention. At Principal, we take these matters very seriously. We’re committed to providing a diverse, equitable, and inclusive work environment, free of unlawful discrimination, and harassment. If there is anything else you’d like to share, you can anonymously report through the Ethics Hotline (1-866-858-4433) or the Unethical or Fraudulent Activity Reporting form: https://secure.ethicspoint.com/domain/media/en/gui/54514/index.html.
Viewing 52 - 54 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.