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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

72% would recommend to a friend

(2,587 total reviews)
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Deanna Strable

81% approve of CEO

69% 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
4.0
Sep 25, 2012
Recommend
CEO approval
Business Outlook

Pros

Everything Principal sells is top notch. Their own products or their outside network. The mutual fund family is excellent, life products are great, disability products are the best on the market and are widely sold by independents. 401k platform is the lowest cost on the market. Great benefits, corporate culture is excellent.

Cons

This industry is not for everyone. You need to have a 3 yr plan to make this job a career. If you do not have the backbone and connections to get you through the first 2 years, have a backup plan if the time comes to go elsewhere. Training of ok, but if you need help, like most of the companies in this industry, you need to go get it. Management will not come to you.

2.0
Nov 30, 2011
Recommend
CEO approval
Business Outlook

Pros

Principal has a good 401k platform, and they have some decent funds. If you sell life insurance and annuities, you can make some money. If you sell investments, you won't.

Cons

Principal takes no risk in their agents. You pay for everything and get a very low payout. You pay your rent, secretary, copier and all other expenses. They provide insurance and investments. They also don't match your 401k when you sell funds or other investments through their brokerage.

2.0
Apr 12, 2010
Recommend
CEO approval
Business Outlook

Pros

Benefits are good Flexibility is great Encourage you to volunteer in your community

Cons

Salary and merits are low compared to other companies Management experience

Viewing 148 - 150 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.