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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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5.0
Jan 10, 2025
Recommend
CEO approval
Business Outlook

Pros

Great management support, great pay, licensing encouragement, educational opportunities

Cons

Lots of self study to left on

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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 working with your team members and our unique work perks.
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.
4.0
Dec 6, 2024
Recommend
CEO approval
Business Outlook

Pros

Great culture and people. Many layers and teams so endless amounts to learn so you will never be bored and can grow your skillset within. They offer transfer opportunities within the company, so once your in you can move around. Great work life balance.

Cons

Negotiate pay on the way in because pay increases are minimal with tenured staff.

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Principal Financial Group Response
1y
Thank you for for taking the time to leave a review. We're happy to hear you enjoy the culture, your team and the growth opportunities we offer. 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.
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