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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,587 total reviews)
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Deanna Strable

81% approve of CEO

68% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,587 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
2.0
May 2, 2017
Recommend
CEO approval
Business Outlook

Pros

High income opportunity, challenging and rewarding. Practice holistic financial planning.

Cons

Lack of management, support and training that's applicable to real life client situations. Not designed for individuals just starting out in the financial advising industry - more fit for those who are transitioning from another firm

1.0
Oct 18, 2016
Recommend
CEO approval
Business Outlook

Pros

Casual dress and that about it for pros

Cons

Started promised 40+ hours a week was lucky to get 20. Training was a disaster. Everyone does something diffent from training manuals provided. Uper management has no clue. We were gave projects with a different trainer for each one. Sometime trained and then retrained after half project was finished.

3.0
Aug 22, 2016

Head in the sand

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Principal does have a good benefits package (although that might not be as strong of an offering in the future). A large, fortune 500 company, Principal is a good place to network and bulls some experience for a resume

Cons

Principal has a serous lack of diversity, not just in terms of demographics, but in terms of thinking and style. Different perspectives are not supported here and will be squelched by those who will use "company culture" to their defense and detriment ( why you will often here "that's the way we've always done it"). Principal employees know that the company heavily favors external talent compared to internal talent which is why you see employees leave for a competitor for a year or two just to come back (obtain larger salary jumps compared to had they stayed at principal). Principal often does not consider how macro policies reinforce their workforce.

Viewing 91 - 93 of 2,587 Reviews

Glassdoor has 3,078 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.