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Principal Financial Group

Engaged employer

Principal Financial Group Reviews

3.9

72% would recommend to a friend

(2,579 total reviews)
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Deanna Strable

82% approve of CEO

69% positive business outlook

Principal Financial Group has an employee rating of 3.9 out of 5 stars, based on 2,579 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 Finance industry (3.7 stars).

Reviews by job title

3K reviews
3.0
5 Sept 2014
Recommend
CEO approval
Business outlook

Pros

1) Nice package atleast 3 years back they were offering irresistable package for 2-5 yrs exp people.Heard that has been changed now. 2) Great work life balance as very less work pressure 3) Lots of fun activities, interest groups.Strongly suggest to participate as its the only thing brings you to focus 4)First in last out to compute your daily hours policy.Trust me you are gonna love this in company like this specially when its near to amanora, seasons 5)This should top the list-Free cab facility within 50 km range 6) Relaxed exit process

Cons

1)can you spend 8 hours without doing anything meaningful day by day?No right? 2)I was lucky to be under a cool manger but most of them are not 3)If you wanna learn google is open there so search and learn .Work is not going to teach you anything meaningful 4)Award is a joke there.Its there to demotivate the smart people and to encourages the eye candy of the managers 5)No onsite but you would be made aware of that at the time of joining 6) Hike is very very less and the vp is almost 15% of your package so to get that you have to KA(decode that) 7)There is merginal difference in developers and testers salary 8) You will have a very bad time if you are not good in singing dancing because 10% your VP is there to perform in annual function So you want to join this company ask yourself -Are you married and less ambitious ? -Is IT job is your side income and you have a primary business? -You just have 2-3 yrs of exp and looking for a cool 1-2 yrs doing nothing but fun. I am not being sarcastic here ,all of us have different priorities.

1.0
18 Jun 2024

Average

Recommend
CEO approval
Business outlook

Pros

Perks: pension, insurance, buy share scheme

Cons

Extremely political, lots of corporate layers, management do not know exactly what to do, only general words about efficiency, proficiency and work ethics

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Principal Financial Group Response
1y
Thank you for taking the time to share your experience. At Principal, we seek to foster an innovative, inclusive, and collaborative culture. In that spirit we encourage you to visit the HR Service Center to provide your feedback.
1.0
19 May 2019
Recommend
CEO approval
Business outlook

Pros

Principal is from Des Moines, IOWA in the United States. If you like to work from Des Moines Principal could be a good employer for you. The unwritten rule seems to be Des Moines take care of Des Moines. There is a wave of centralisation going on that brings more power to Des Moines based employees.

Cons

If you are working for Principal Global Investors outside of Des Moines, you run a high risk of being marginalised at the moment. Des Moines is likely not going to listen to you and perhaps not threat you very nice. The business is not growing and cost cuts will likely fall on the people working outside of Des Moines. It is what it is....

Viewing 1 - 3 of 2,579 Reviews

Glassdoor has 3,068 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.