Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      Principal Financial Group

      Engaged Employer

      Principal Financial Group reviews

      3.8

      71% would recommend to a friend

      (2,584 total reviews)
      avatar

      Deanna Strable

      81% approve of CEO

      67% positive business outlook

      Ratings by category

      4.0

      Diversity & inclusion

      4.0

      Work/Life balance

      3.9

      Culture & values

      3.7

      Compensation and benefits

      3.6

      Career opportunities

      3.4

      Senior management

      Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,584 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).

      Ratings by demographic groups

      Reviews by job title

      3K reviews
      2.0
      Feb 23, 2010

      Jack of All Trades, Master of None

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Benefits were very good in comparison to other places I've worked. Nice people in office. Many different product to fill many different needs.

      Cons

      The many differerent products can also be a bad thing. Too many choices, too many areas in the financial world to be truly great at one thing.

      5.0
      Dec 28, 2009

      Great work life balance

      Benefit and planning counselor
      Recommend
      CEO approval
      Business Outlook

      Pros

      The work life balance is excellent. As a benefit and planning counselor I am in charge of managing my schedule. Work needs to be done and customers taken care of, but you manage how you get the job done. The base salary offers a nice peice of security and the bonuses offer an opportunity to earn a decent overall income. benefits inculde 401k with a good match in addition to a cash balance pension plan. PTO accrues quickly depending on your postion with the company. As long as you do a good job and get work done, you have a lot of freedom. There are many different carreer paths you could take in sales, service or management and you can focus on individual clients or groups. If you work for Principal you will feel good about the service you offer to your clients.

      Cons

      For individual investors there are some excellent products, but some limitations, and many limitations on advising clients. currently company will not reimburse for additional designations such as cfp or chfc due to cutbacks. if you have the cfp designation not allowed to use the designation or hold yourself out as a cfp depending on your position with the company. Principal has offices nationwide, but almost exclusively in major cities, with the exception of their home office which is in Des Moines. If those locations don't work for you, then you are out of luck. Total compensation for many positions is below industry average, but still many employees will stay with the company because of the many positives.

      4.0
      Oct 16, 2009

      PFG is a good place to work

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good people, lots of room to work independently, company involved in the community and gives time to employees to volunteer. In my department hours were flexible as long as you got your work done and attended floor meetings.

      Cons

      Little formal training for the position. It was a learn on the job atmosphere with a very steep learning curve. A little more standardized training would have helped put people on the same skill level. When layoffs started there was never really a clear reason given for why certain people were let go, you just had to make your own assumptions.

      Viewing 2551 - 2553 of 2,584 Reviews
      Related searches: Principal Financial Group jobs | Principal Financial Group salaries | Principal Financial Group benefits | Principal Financial Group interviews | Principal Financial Group conversations
      ReviewsPrincipal Financial Group reviews

      Glassdoor has 3,074 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.