Is Principal Financial Group a good company to work for as a Software Developer?

Software Developer professionals working at Principal Financial Group have rated their employer with 3.6 out of 5 stars in 206 Glassdoor reviews. This is a lower than average score with the overall rating of Principal Financial Group employees being 3.8 out of 5 stars. Search open Software Developer Jobs at Principal Financial Group now and start preparing for your job interview by browsing frequently asked Software Developer interview questions at Principal Financial Group .

Does Principal Financial Group pay Software Developer employees well?

Software Developer professionals rate their compensation and benefits at Principal Financial Group with 3.5 out of 5 stars based on 206 anonymously submitted employee reviews. This is 2.8% worse than the company average rating for salary and benefits. Find out more about Software Developer salaries at Principal Financial Group.

What are the top reviewed jobs at Principal Financial Group?

Software Engineer (161) , Analyst (103) , Financial Advisor (53) , Data Engineer (47) , Senior Software Engineer (45) , Retirement Specialist (44) , Software Developer (42) , Intern (38) , Business Analyst (31) , Process Specialist (28) , Software Engineer(Internship) (25) , Associate Consultant (24) , Financial Analyst (24) , Client Service Associate (23) , Senior Analyst (22)

What are the pros of working at Principal Financial Group according to real employee reviews?

"Great benefits and the company overall is working to have the employees to be more antonymous." ((in 243 reviews)); "Very fulfilling work with great people" ((in 153 reviews)); "good pay but is it worth it?" ((in 100 reviews)); "Good work culture and processes" ((in 82 reviews)); "providing jobs and good salaries" ((in 62 reviews))

What are the cons of working at Principal Financial Group according to real employee reviews?

"Management is poor at highest and mid levels" ((in 106 reviews)); "Most managers have next to no idea what an employee is doing and rely very heavily on surveys given to each team." ((in 41 reviews)); "There is no training and you are literally thrown into the fire and nobody helps you." ((in 40 reviews)); "management has gotten weaker and weaker, while upper management has become more focused on moving the stock price." ((in 11 reviews)); "Senior management is not the brightest by any stretch of the imagination, and junior expressing any ambition to contribute beyond their role is immediatley squashed." ((in 11 reviews))

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Principal Financial Group

Principal Financial Group Software Developer reviews

3.6

62% would recommend to a friend

(206 total reviews)

Deanna Strable

76% approve of CEO

64% positive business outlook

Ratings by category

4.1

Work/Life balance

4.0

Culture & values

4.0

Diversity & inclusion

3.5

Compensation and benefits

3.5

Career opportunities

3.4

Senior management

Software Developer employees have rated Principal Financial Group with 3.6 out of 5 stars, based on 206 company reviews on Glassdoor. This indicates that most Software Developer professionals have a good working experience there. Principal Financial Group is rated in line with the average (within 1 standard deviation) by Software Developer professionals compared to other employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

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Reviews by job title

206 reviews

4.0

Jul 15, 2026

Great work-life balance, but promotion favoritism exists

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Awesome work life balance, and pick up drop facility.

Cons

People who are in the company from long time know about the loop holes, they know how to promote their favorite once, specially most of the internal job positions are opened for promoting people of their own team.

Principal Financial Group Response

Thank you for taking the time to provide this feedback. Your input is valuable as we work to improve as an employer.

4.0

Jul 11, 2026

Good culture and flexibility, but give ijp promotions based on talent and right candidates

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Cab 3 days WFH Good culture Product focused Flexible work Good office environment

Cons

Growth Legacy applications Politics for promotions Giving less hikes than before

Principal Financial Group Response

We appreciate you taking the time to share your experience. Feedback like yours enables us to grow and get better.

4.0

Jun 9, 2026

Good entry-level environment but limited skill growth opportunities

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Good work environment at entry level

Cons

Hard to explore other tech stacks, and very little opportunity to expand skills through practical measures

Viewing 1 - 3 of 206 Reviews

Jobs at Principal Financial Group

AEM Forms BA & Developer

Austin, TX

View job

Sr Software Engineer II (Platform Modernization Solution Design)

Senior Software Engineer, Asset Management Digital Experience

Experienced Software Engineer (Hybrid)

Advisor Support (Website and Customer Service)

Principal Financial Group reviews FAQs

Principal Financial Group reviews Principal Financial Group Software Developer reviews

Principal Financial Group

Principal Financial Group Software Developer reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Great work-life balance, but promotion favoritism exists

Good culture and flexibility, but give ijp promotions based on talent and right candidates

Good entry-level environment but limited skill growth opportunities

Jobs at Principal Financial Group

Principal Financial Group reviews FAQs

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