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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
3.0
Jul 26, 2023

Poor Experience

Recommend
CEO approval
Business Outlook

Pros

Worked with an amazing team of contractors. Flexible - work-life balance.

Cons

Senior people on this project have been around too long and don't understand product management. The least communicative management I have ever worked for - prefer to idle chit-chat in meetings and not convey huge changes till you hear about them over email.

3.0
Jul 22, 2022
Recommend
CEO approval
Business Outlook

Pros

Nice offices, work from home flexibility, decent pay, pension plan and nice PTO options.

Cons

Principal acquired most of Wells Fargo Retirement Investment and Trust clients and unfortunately their current systems, processes, policies and procedures proved to be less than adequate to meet the sudden massive influx of new clients. Sadly, the old WF employees were the ones to take the brunt, where near 33% of them ended up leaving or being dismissed. The growing pains are quite a bit to bare and I'm not sure if the company will address the needs properly or if they will continue to run with this "bare minimum" mindset

Viewing 115 - 117 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.