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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

72% would recommend to a friend

(2,579 total reviews)
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Deanna Strable

82% approve of CEO

68% positive business outlook

Principal Financial Group has an employee rating of 3.8 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
Jul 1, 2013

Your last choice of employment

Recommend
CEO approval
Business Outlook

Pros

Good infrastructure and good people at the headquarter in the Des Moines but equally disapppointing people at Pune office. Some processes which are outsourced like payroll processing and payment is on time.

Cons

There are too many levels in the organization. Moment you join, you will realize your level and all the levels above you make you realize that they are there to make your life hell. If you are a hard worker, stay away because you might be disappointed by the comments like "hard work wont lead you towards growth meeting the senior management expectation would." Senior management expectations are all about song and dances in the open houses, literally. If were not good at extracurricular activities at your school/college, don't even think of getting to PGS, you might end up ruining your career and PGS culture and so called values.

2.0
Apr 24, 2013

If you want to go nowhere, come here

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexible hours, able to work remotely and the time off is PTO rather than sick time and vacation time so you use it as you see fit

Cons

Poor training so you feel adrift when taking on a new position, and then when you struggle due to the fact that there's no formalized training, you take a hit for it in the way of compensation. The genuine lack of appreciation for their employees is overwhelmingly known throughout the company. You watch management tell you that there is no money in the budget for raises, and then go out and buy themselves an expensive toy or go on a lavish vacation. It's more who you know and how well you cuddle up to management that gets you places here. Skills and experience tend to not get you far.

2.0
Aug 12, 2009
Recommend
CEO approval
Business Outlook

Pros

Decent benefits, nice work out facilities, nice corporate campus

Cons

Can be very Stressfull. They claim it's a "great place for working moms" but I don't believe so, especailly if your job is at all related to the markets. Expect 60 hour + weeks. To me, that's not a good job for a working mom. Environment is constantly changing and can be very hard to keep up with all the changes. A lot of "red tape" and office politics. Computer systems/programs are very out of date.

Viewing 52 - 54 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.