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Principal Financial Group

Engaged Employer

Worst experience of micro management - Anonymous employee Principal Financial Group Employee Review

1.0
Sep 16, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

1.You get car parking 2. One hour lunch time and ample of space to take a walk 3. You get people to talk about others achievement and failure. so time is passed very fast. 4. Good time to learn managing resources by asking them what they were doing every hour. 5. Team party at local restaurants. You will sometime love the food.

Cons

No work from home. No facility to connect from home. Only 4 national holiday Less leaves Too much of micromanagement. Most of them have 5 plus years of stay there so very insecure if an outsider with good knowledge joins. Working hours fix and no flexibility. If you pick your bag 20 minutes before then many people will watch you and complain about you. I left this company in 8 months after too much of frustration within myself. My manager tried to extend my notice ,reason being I took 2 days leave as my wife delivered a baby. Inhuman micro management. Some HR has got attitude and they are governed by technical mangers to ill treat employee. All the work handled by Onsite team..less work to learn. Lots of gyan by management with less output.

Explore other reviews about Principal Financial Group

5.0
May 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Three years in and still LOVE it. Great leadership. Work-like balance. Principal invests in their employees with training and professional development. It's very telling when literally thousands of employees have been there for 20-25-30+ years.

Cons

First time in a large company. Sometimes it is tricky to find the right internal partner to get the answer you need.

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Principal Financial Group Response
1d
We appreciate your feedback! Hearing that you felt supported reinforces what we're proud of—the strong community we've built together.
2.0
Jun 4, 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.

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