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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

72% would recommend to a friend

(2,594 total reviews)
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Deanna Strable

78% approve of CEO

70% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,594 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
Sep 8, 2025
Recommend
CEO approval
Business Outlook

Pros

Principal has good benefits and management is awesome. They have skip level meetings where you get to share information with upper management directly as well.

Cons

Pay. Principal is using a metric to determine pay for their employees. However, the information for my metric is for 2021 which is prior to the economic crisis we are currently in. Principal has given standard 3% raises across the company which has not keep up with the cost of living. Also, the price of benefits has increased so much that my net check is less than what it was 5 years ago despite receiving 5 raises (all 3%) since then.

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Principal Financial Group Response
10mo
Thank you for sharing your perspective. 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. We use third-party market data to help ensure base salary and incentives are appropriately aligned.
5.0
Sep 8, 2025

Great Company

Recommend
CEO approval
Business Outlook

Pros

Provides a ton of opportunity.

Cons

The work can be slow moving.

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Principal Financial Group Response
10mo
Thanks for sharing your experience. We're invested in building the best possible experience for our employees and appreciate your feedback on the pace of work as it helps us to grow and improve.
2.0
Sep 3, 2025

Slow to adapt

Recommend
CEO approval
Business Outlook

Pros

The company has a huge footprint in the financial services industry

Cons

Because they are so big, they are slow to adapt technical innovations

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Principal Financial Group Response
10mo
Thank you for taking the time to provide feedback. We appreciate you letting us know what is going on regarding hiring managers. Please know this information is invaluable for us as we continue to learn, grow, and improve.
Viewing 538 - 540 of 2,594 Reviews

Glassdoor has 3,086 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.