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Principal Financial Group

Engaged Employer

Work life balance and fun - Associate Consultant Principal Financial Group Employee Review

3.0
Sep 5, 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.

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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