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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 Finanzas industry (3.7 stars).

Reviews by job title

3K reviews
2.0
Feb 7, 2020

Yikes!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There's flexibility in working from home and the retirement benefits are great. But then they should be because a large focus IS retirement benefits. So take that with a grain of salt.

Cons

The tech is HORRID. You'd like to think a global company would be more "with it" as far as technology goes. Nope. Not Principal. The tech is a hamster in a wheel held together with super glue and duct tape. And that hamster is TIRED. The most frustrating thing about my job is not being able to do it well or efficiently because our leadership refuses to do better with tech or to hire more people. The workload keeps growing but the resources to support the growth are absolutely not there.

1.0
Oct 22, 2017

Worst ever company to work with

Recommend
CEO approval
Business Outlook

Pros

They have sperate team to handle and give random fake good reviews in glass door and linkden..don't get fooled by it.. Nothing good...it's worst ever company to work with

Cons

If you are reading regular good comments in glassdoor and somewhere getting a feeling that everybody is writing in same fashion and almost same or repeated words.. don't b amazed because principal Pune has created a team to update its social status... They have created a team to handle it's declining status in linkden and glassdoor.. so don't get easily fooled by those repeated good comments. This company has alot of old manager who really don know how to manage people, favourism , partiality for Marathis , groupism prevailed here..

1.0
Mar 26, 2016

Be wary of the guilded cage.

Recommend
CEO approval
Business Outlook

Pros

Very favorable and friendly to all females, lots of social women in leadership classes, women in the workplace classes, how women can best handle stress, financial advising for women. Nice buildings easy access to the skywalk system. Benefits appear to be nice but do your research Principal takes advantage of many loopholes to ensure you can't really have or use your benefits. In the end the end, the benefits are no better than any other insurance or financial firm in town. Frankly benefits at other major employers in town are better. You won't have to work very hard particularly in management because social hour is every hour if you are selected to be part of their Greek social letter. At the Principal the edge that will take you far is your unabashed flattery of management. Principal is an easy target for another organization to acquire.

Cons

MICRO-MANAGEMENT be ready for your leader needing to read and critique every email you write. The current management is: If you were not capable of performing your job, but were part of the selected social order then you were considered management material and are now part of management. Principal states that they want new ideas, this is unequivocally false, the only ideas that are to be entertained are the social order's ideas. The technology at principal is laughable at best, backwards hardly describes it. The new technology is all about having more social hour meetings. It now enables the do nothings to do nothing from home well perhaps make it easier to micro-manage the staff. Analysis Paralysis - the best way to cope with this is to create an analysis that supports the existing status-quo or the preconceived notions of management. If something is incorrect or wrong never ever bring any attention to it, if it runs counter to any existing practice. Outsourcing is the future of Principal, if you work here or are thinking about working here understand and embrace that fact. The management team is a self-serving social group, they will talk about you behind your back, remember that when they talk about others to you. Management will not be truthful with you, yet demonstrate a holier than though attitude, remember they are always correct and The Principal Corporation is always correct.

Viewing 28 - 30 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.