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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)
avatar

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
1.0
Aug 1, 2024

Horrible experience

Recommend
CEO approval
Business Outlook

Pros

Pay was good and hybrid work and nice.

Cons

My manager was the worst! He mislead and mismanaged my entire experience. He should not be allowed to manage others.

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Principal Financial Group Response
1y
We appreciate your feedback and are very sorry to hear about your experience. 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.
1.0
Jun 11, 2024

Terrible

Recommend
CEO approval
Business Outlook

Pros

The pay is wonderful at principal

Cons

They over work you.. there is no ramp up.. straight outta training they want you processing 10 claims a day!

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Principal Financial Group Response
2y
We appreciate you taking the time to share your experience. We are committed to the ongoing development and implementation of training programs to prepare team members to be successful in their roles once training is completed. Additionally, once training is completed, claims analysts have access to dedicated consultants to help with specific case-related questions, in addition, to their day-to-day leader.
3.0
Apr 12, 2024

Ok

Recommend
CEO approval
Business Outlook

Pros

Get to work on AWS Cloud

Cons

Have not received merit increase in the time I’ve been here

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Principal Financial Group Response
2y
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.
Viewing 109 - 111 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.