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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)
avatar

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
1.0
Mar 16, 2025

Poor Management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Decent PTO, WFH, and flexibility

Cons

Poor management, no opportunity for growth, low salary

avatar
Principal Financial Group Response
1y
Thank you for taking the time to provide feedback. As a Principal employee, you set the tone for your career. While there's no "one size fits all" training solution, we offer a variety of opportunities for career growth and development. 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. Your feedback is an important part of our growth as an employer.
5.0
Jan 15, 2025
Recommend
CEO approval
Business Outlook

Pros

I have had a really great experience working at Principal. They pay fairly, and have great 401(k) matching. Great work/life balance.

Cons

The health insurance could be better for such a large company. They don't over charge their employees for it but, the ER co-pay on the better plan is $750, which is pretty high.

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Principal Financial Group Response
1y
Thank you for taking the time to write a thoughtful review! We're invested in building the best possible experience for our employees. We've shared your feedback to the appropriate internal contacts.
1.0
Dec 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Work from home Early schedule during training

Cons

100+calls in the Queue daily, call after call, mandatory overtime, and you are expected not to use acw or aux into anything. They don’t pay your earned pto when you no longer work there, you are just a number and is stressful. More than 3 call offs in 90 days and you get fired.

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Principal Financial Group Response
1y
We appreciate you taking the time to share your experience. We strive to provide clear performance expectations during hiring, training and process to all employees. This ensures that employees understand what is required to be successful in their role. Please know this information is invaluable for us as we continue to learn, grow and improve.
Viewing 157 - 159 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.