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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
1.0
May 26, 2022
Recommend
CEO approval
Business Outlook

Pros

Okay product lineup with help for clients if you were selling Principal stuff

Cons

Definitely not independent. Commission is cut if you use another companies products. Midwest company with Midwest values. There are a lot of old white guys that failed up running this company. You will be working for one of those guys. Most of them are nice enough (maybe because I am a straight, white man) but if you really want assistance excelling, these guys have the talent of a plain, baked potato. If you are a successful financial advisor with experience in the industry, look elsewhere. If you are getting your start, use them to get your licenses and get out. They use the same methods as northwestern mutual

5.0
May 19, 2022
Recommend
CEO approval
Business Outlook

Pros

Fully remote forever. Not many financial firms provide that. $23.75/hr for first 40 hours of the week. Every hour above 40 is paid at time and a half as a non exempt employee so you get every penny of overtime. Ballpark 40 hours a month of OT is expected out of you so your total comp plus annual March bonus should put you in the mid $60k's low $70k's.

Cons

Haven't started the position yet as I write out the review. More or less just wanted to contribute to the salary contribution details.

Viewing 187 - 189 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.