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      Principal Financial Group

      Engaged Employer

      Principal Financial Group reviews

      3.8

      72% would recommend to a friend

      (2,591 total reviews)
      avatar

      Deanna Strable

      79% approve of CEO

      69% positive business outlook

      Ratings by demographic groups

      Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,591 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
      5.0
      Mar 25, 2024

      a great challenge

      Head of operational treasury
      Recommend
      CEO approval
      Business Outlook

      Pros

      hybrid work system excellent computer equipment modern facilities multicultural possibilities of growing

      Cons

      Semi automatic processes Many pending from previous administrations Complex and not very functional organizational chart

      3.0
      Mar 25, 2024

      Typical Corporate Job

      Software engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      PTO that is truly unlimited, very solid WLB, salary and benefits. Very “safe and boring” corporate job. Decent pay transparency as well. Ability to work remote if not within 30 miles of office.

      Cons

      Horrible raises even for tech employees. Only gives raises based on the market and does not consider inflation or years of service. Contrary to what my recruiter said, you have a high likelihood of getting a 0% raise (yes, even in tech roles). If offered a role, be sure to negotiate your pay higher as you could be stuck at that pay level for multiple years regardless of your performance. If you are a local employee, you must go into office 3 days a week. (Yes, even for tech roles). Bonuses this year were also disappointing.

      avatar
      Principal Financial Group Response
      2y
      Thank you for sharing your perspective. As a leading provider of retirement solutions and employee benefits, we offer our employees a competitive benefits package. One of our guiding principles of our global pay philosophy is to be market driven. This means that total pay is set and administered in alignment with the external labor markets in which we compete for talent. We use third-party market data to help ensure base salary and incentives are appropriately aligned.
      4.0
      Mar 23, 2024

      Good company to join as a fresher

      Trainee engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Not a typical service based company. Talent pool and salary is better than average. Good company to start your career.

      Cons

      As a fresher might be overwhelming as you might have to work on multiple technologies. Of you are very ambitious then you might feel like the organization is kind of restrictive.

      Viewing 550 - 552 of 2,591 Reviews
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      ReviewsPrincipal Financial Group reviews

      Glassdoor has 3,082 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.