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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
3.0
Apr 15, 2024
Recommend
CEO approval
Business Outlook

Pros

Great people to work with.

Cons

Not enough staff hired, no rest period and feeling burned out! PTO doesn't get approved barely.

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Principal Financial Group Response
2y
We appreciate your feedback and are very sorry to hear about your experience. We do our best to ensure everyone can enjoy a work/life balance through consistent schedules and working with your leader for planned or unplanned time away from work. We're committed to providing you with the resources and opportunities you need to thrive.
4.0
Feb 16, 2024
Recommend
CEO approval
Business Outlook

Pros

Great culture. People are kind and respectful. Great benefits.

Cons

SO many meetings. A lot of mid-level managers and consultants whose sole purpose seems to be to hold meetings. It leaves people who do the actual development work with limited time to do it. People with skills and work ethic can get overwhelmed.

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Principal Financial Group Response
2y
We appreciate you taking the time to share your experience. We're invested in building the best possible experience for our employees and appreciate your feedback on meetings as it helps us to grow and improve.
3.0
Nov 30, 2023

Love my team, not the company

Recommend
CEO approval
Business Outlook

Pros

They are very supportive of employees growth and trying to give them opportunities. And I personally have a good leader who creates a supportive environment

Cons

The benefits are getting worse and worse and it seems like management is not able to keep to their word when it comes to hybrid/remote working. They also are paying below market value. Internal promotions seem to be less than what they offer externally.

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Principal Financial Group Response
2y
It’s wonderful to hear how supported you feel. We're invested in building the best possible experience for our employees and your feedback on hybrid/remote work and compensation are an important part of our growth as an employer. As a leading provider of retirement solutions and employee benefits, we support you the same way we support our customers—through holistic, competitive offerings designed to protect your financial and physical wellbeing. Total rewards is so much more than your paycheck. It includes compensation and incentive pay, health and welfare, retirement, and additional offerings. By reviewing your personal total rewards dashboard that just launched, we hope you can more quickly and easily see the full investment we make in you and take advantage of all we offer.
Viewing 169 - 171 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.