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      Principal Financial Group

      Engaged Employer

      Principal Financial Group reviews

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      3.8

      72% would recommend to a friend

      (2,579 total reviews)
      avatar

      Deanna Strable

      82% approve of CEO

      68% positive business outlook

      Ratings by category

      4.0

      Diversity & inclusion

      4.0

      Work/Life balance

      3.9

      Culture & values

      3.7

      Compensation and benefits

      3.6

      Career opportunities

      3.4

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      3K reviews
      2.0
      Aug 3, 2019

      Not Worth the Stress

      Assistant life & di claims analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Principal has phenomenal benefits, and if you find the right department, it can be a place where you can settle down and finish your career with.

      Cons

      The USIS Group Disability Claims department has no sense of caseload management and therefore requires you to work more than what they are asking to perform the job duties. In 1 year and a half of being there, there were over 40 resignations before I left.

      1.0
      Mar 21, 2019

      Horrible

      Retirement specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      The benefits, except for the time off. You don’t get time off unless you know you’ll need it 3 months out. There were never enough employees to be able to request a day off the same month, let alone the same week. So you have to call in. Management actively encourages employees to request as many days off as they feel they need, even if you might not use them. So what you get is 20 people all requesting any day off that’s available so that when a person actually needs to take time off, there is none available. So you have to call in and you get punished. Appealing to management does nothing because “it’s in the handbook.”

      Cons

      Dismissive leadership, poor training (i only survived cuz of my experience), high turnover, archaic systems, customers and agents who regret placing business like you wouldn’t believe, no correspondence was principal reviewed, took me 6 months to get a new chair after I complained of back pains.

      1.0
      Dec 8, 2018

      Technologically Boring and Stagnation - Pune

      Senior applications developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      1. Initial Package 2. 50% company sponsored food coupons 3. Free Cab service 4. Flexi-Insurance 5. Training period for trainee fresher employees

      Cons

      1. No onsite opportunities for 95% of employees 2. Maintenance work of old technology systems 3. 100% dependence on parent US office 4. Leaders and Managers are not able to device plan for Pune employees 5. Very less learning opportunities. Innovation culture is just fake, only for namesake. 6. Technically backward 7. A lot of politics and favoritism. 8. Incorrect assessment process for employees leaves no mark for improvement 9. Lack of Healthy options in cafeteria, a lot of unhealthy food options. 10. Waterfall way of Agile implementation. 11. No guidance from leaders/ managers about employees career growth. Only foolish talks. Note: Do not go by reviews /rating in glassdoor as most of the good ratings are for US office by US employees. Do get in touch with Pune Employees to know exact situation about Pune office.

      Viewing 55 - 57 of 2,579 Reviews
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      ReviewsPrincipal Financial Group 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.