Principal Financial Group reviews

Two reorgs in the first 8 months I've been with the company. A sure sign management doesn't know what they are doing when the only solution is to shuffle people around and hope it helps. A clear bias is shown towards Des Moines-local employees. My direct manager (or "leader" in Principal-speak) was completely clueless as to what it took to lead a team. I spoke with my leader's leader about it and was brushed off. People don't leave bad jobs, they leave bad leaders. For a company that specializes in benefits, requiring 3 years of employment before 401k matching is vested is lame.

I was a happy and loyal employee for many years. Everything changed when I was transferred to a new manager and placed into a role that did not suit my skillset right before a personal life event. This manager drastically increased my workload over the next few months with no regard to my personal situation and eventually I was working 60+ hours a week while receiving no yearly increase in salary. Meanwhile I was being scolded for not being "dedicated" enough and labeled as "underperforming" because I was unable to manage an unreasonable workload. All of this led to unfairly being placed on warning and having my yearly bonus taken away because I couldn't meet my boss' unrealistic demands. After a few more months I couldn't handle being mismanaged so badly that I happily left for another company.