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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,584 total reviews)
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Deanna Strable

81% approve of CEO

67% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,584 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
Aug 5, 2016
Recommend
CEO approval
Business Outlook

Pros

Good benefits, somewhat decent pay, and the training is pretty good, but there is definitely room for improvement. Benefits start on day one.

Cons

No opportunity for growth, major micromanagement, help is only available during scheduled "question time", lots of favoratism, and a very heavy and stressful workload. Some managers don't even know how to do the job of the people they manage. They just look at reports and listen to your phone calls and spy on your computer.

3.0
Feb 15, 2016
Recommend
CEO approval
Business Outlook

Pros

Company has great work life balance. If you have leave balance you can avail it anytime. As far as I know this is the most secure IT company in Pune. You don't need to wait for appraisal letters as you will get it before 31st of March for sure. Initial package is good. Cab facility (Home pick up and drop).

Cons

If you are QA then please please please dont join this company and spoil your carrier. QA people is like garbage boy for Principal Global Services. If you at all wants to stay here then you will need to be very extra ordinary means you need to have below things at its best level, 1) Most important you should be very good at managing and doing events. Even if you are not good at work that is fine but you should be good at some extra activities apart from work like managing events, birthday party , games for employee, take parts in annual functions and so on. 2) You should know the development skills as well. As a QA they expect you to play a role of BA, QA and events organisation then only you will be able to survive here otherwise they will not terminate you but you will not get promotion and salary hikes. 3) As a QA you can only achieve the level of Team Leader. They will never promote a QA person to the manager level as they have adopted Agile and they wants the Scrum Master from Development back ground only. So QA people have no future over here. 4) Rating systems are pretty pathetic. They can give all the bloody reasons if they want to screw you up and you don't remain with any choices here. 5) Principal is now not paying as per the markets. 6) No promotion for at least 3 years for new joiners. 7) No Onsite. Dont even think about this option. If you ask them for onsite then they will laugh on you.

2.0
Aug 10, 2015

Politics, politics, politics

Recommend
CEO approval
Business Outlook

Pros

The Pay is simply ok. Co-workers can be very friendly and helpful, but beware that everyone has to play the game here

Cons

Politics and positioning are heavy at Principal. Find someone to align yourself with right away and make sure you stay on their good site.

Viewing 97 - 99 of 2,584 Reviews

Glassdoor has 3,074 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.