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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,586 total reviews)
avatar

Deanna Strable

81% approve of CEO

68% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,586 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
4.0
Jan 11, 2025
Recommend
CEO approval
Business Outlook

Pros

Decent salary structure Stable work environment Good financial growth opportunities for freshers

Cons

Delayed promotions Average salary hikes Preferential treatment for employees who joined as freshers Lateral hires often face slower growth and recognition

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Principal Financial Group Response
1y
Thank you for sharing your feedback. PGS believes in transparent leadership and all actions and decisions are taken with the consensus of global business leaders. We encourage you to reach to your PGS business leader to clarify any questions or concerns you may have.
1.0
Jan 11, 2025

Worst Culture by New India Head

Recommend
CEO approval
Business Outlook

Pros

Free Cab service is there

Cons

1. Absolute Bad management. New india head is turning company from Product company to Call center company. 2. No employee importance at all. Empathy word is removed from the PGS dictionary. 3. No Growth for senior leaders. 4. Top leaders are CA background and adamant folks. They don't understand software delivery and unfairly treat teams and leaders. 5. Organisations had great people centric culture before but new india head has destroyed it. No wonder this PGS will see all time low performance in coming year. 6. Instead of promoting Internal leaders who are with company from 15 20 years; external lateral hiring is done. 7. India head stopped organisation’s annual function itself gives a very strong indication of mindset. 8. From 2025 they also installed monitoring tools on employee laptop which makes them micromanaging organisations.

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Principal Financial Group Response
1y
Thank you for sharing your feedback. PGS believes in transparent leadership and all actions and decisions are taken with the consensus of global business leaders. We encourage you to reach to your PGS business leader to clarify any questions or concerns you may have. If there is anything else you’d like to share, you can anonymously report through the Ethics Hotline (1-866-858-4433) or the Unethical or Fraudulent Activity Reporting form: https://secure.ethicspoint.com/domain/media/en/gui/54514/index.html.
5.0
Jan 10, 2025
Recommend
CEO approval
Business Outlook

Pros

Great management support, great pay, licensing encouragement, educational opportunities

Cons

Lots of self study to left on

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Principal Financial Group Response
1y
Thank you for taking the time to write a thoughtful review! We appreciate hearing about your personal experience and are glad to learn that you enjoy working with your team members and our unique work perks.
Viewing 304 - 306 of 2,586 Reviews

Glassdoor has 3,077 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.