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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

74% would recommend to a friend

(412 total reviews)
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Deanna Strable

81% approve of CEO

72% positive business outlook

Reviews by job title

412 reviews

Reviews about "Compensation"

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4.0
Feb 17, 2025
Recommend
CEO approval
Business Outlook

Pros

Great Benefits and year-end bonus

Cons

Weak leadership that promotes self development, but doesn't allow the time.

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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 and collaborative culture. In that spirit we encourage you to visit the HR Service Center to provide your feedback.
5.0
Jan 28, 2025
Recommend
CEO approval
Business Outlook

Pros

- WFH - Pension eligibility - 6% 401k match - No deductible healthcare plan for 80/month - Paid Internet for certain states - Paid gym membership

Cons

- Low yearly salary increase

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Principal Financial Group Response
1y
Thank you for taking the time to write a thoughtful review! We appreciate hearing about your personal experience and are glad to learn that you enjoy our unique work perks. 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
Jan 15, 2025
Recommend
CEO approval
Business Outlook

Pros

I have had a really great experience working at Principal. They pay fairly, and have great 401(k) matching. Great work/life balance.

Cons

The health insurance could be better for such a large company. They don't over charge their employees for it but, the ER co-pay on the better plan is $750, which is pretty high.

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Principal Financial Group Response
1y
Thank you for taking the time to write a thoughtful review! We're invested in building the best possible experience for our employees. We've shared your feedback to the appropriate internal contacts.
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