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Principal Financial Group

Engaged Employer

Large Work Load - Low Pay - - Legal Support Assistant Principal Financial Group Employee Review

3.0
Mar 11, 2010
Recommend
CEO approval
Business Outlook

Pros

Great Benefits if you take advantage of them. The flexability is next to none when it comes to the legal department.

Cons

The Principal Financial Group is a great company to work for. However; as a legal Support Assistant you are doing everybody else’s job and get noted as the catch all for the department when others can't perform up to par, or are too lazy to do their own job that they are being paid an inflated salary for. The company runs on a seniority pay scale, so you can have an employee in your department that doesn't do anything, but has been with the company since Jesus so they get paid outrageous amounts for their little effort. Communication within the legal department is horrible.

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
3d
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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