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Principal Financial Group

Engaged employer

Worst Experience of my life - Customer Care Specialist Principal Financial Group Employee Review

2.0
24 Mar 2021
Recommend
CEO approval
Business outlook

Pros

Salary, Benefits, management makes mediocre attempts to make it less miserable

Cons

This was by far the most stressful job I ever had in my life. The metrics were almost impossible to keep up and the company seems to do everything in their power to make it impossible to transfer to another department. I took over 100 calls a day and was still told my performance wasn't good enough. I knew the job and i did it well, i would miss metrics over being seconds over handle time. Which is extremely unfair to a call center rep who gets callers who physically don't let you off the phone.

Explore other reviews about Principal Financial Group

5.0
24 Jun 2026
Recommend
CEO approval
Business outlook

Pros

good FTO policy good opportunity for career development flexible work arrangements

Cons

health insurance sucks - United annual reviews- everything's made up and the points don't matter more and more pressure to be in-office despite team members being remote

2.0
4 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Decent work life balance and benefits. Principal offers a pension which is unheard of in today’s age.

Cons

Pay is below average and Principal does not offer inflation raises. Once you hit the midpoint of your salary, you will get a 0% raise until you’re promoted, which will take multiple years regardless of performance. Performance reviews are vague and often used against employees to avoid promotions. At least in my department, I’ve yet to see any of the remote workers be promoted. This is starting to affect attrition and we’re already starting to see people leaving. It’s well known at this point that the best way to get promoted is to leave Principal and get rehired, which even leadership has stated publicly. This is a huge frustration and blow to morale, as it starts to feel like employees need to compete against their co-workers for raises.

1
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Principal Financial Group Response
1w
We appreciate you sharing your feedback. As a leader in retirement solutions and employee benefits, we strive to provide our employees with a competitive benefits package. Our global pay philosophy is guided by market-driven principles. and we leverage third-party market data to ensure our base salary and incentives remain appropriately competitive.
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