Principal Financial Group reviews

Return to office mandate was just another example in a long line of taking away or making benefits worse. I've been here over 10 years and there's not a single benefit that has gotten better. Only worse. The return to office is completely arbitrary and has killed any and all trust I had in senior leadership. They talk about being committed to flexibility, as long as it means you're in the office 3 days per week. It's insulting to tell me people on my team outside 30 miles from the office can do their job effectively from home, but I can't. They're even monitoring badge scans and sending reports to leaders. This is a level of micromanagement I've never even imagined here. A true 180 from the Principapl I've known the last 10 years. Management is in a constant race to "average" with every single benefit they offer and refuse to try to stand out at anything. Pay has always been below industry average at best. They attracted and retained people because of the other benefits (especially flexibility), but now that they're taking that away, I would not bother applying here if you're looking.

The favorites are well known, as are the patsy's. If your thoughts are dismissed management will laugh behind your back, then expect to be "counseled". Strike ONE The continual churn of the make work is embarrassing: Project managers insist that the project fits into their personal template method. Project managers insist on using a past projects, that are similar in name only to populate the new project. This leaves no room for something new or different. All tasks must be accounted for. Most tasks are left N/A. Then the project team goes through each task to scrutinize each task, followed by mass confusion. STRIKE 2 Mother Hen / Queen Bee will scrutinize every word you write, every word you say. They will guide you to go left when straight is the correct course, the project team will demand to go right even after advising of the risks. Strike 3 After some further manipulation, it is broadcast that you are not a team player. Management decides to coach you, and now you are officially blackballed. From that point on your management will always go all historical on you. Many are kept around as patsy's. Most simply claim they don't know anything about anything to avoid any and all possible work. Many Many others are just simply bullied, until the preference is to kill yourself. PFG claims to be the most ethical company. Employee class action (settled) showed that the only offered 401K investment vehicles chosen were offered by PFG which carried significantly higher fees than nearly identical index funds. These higher fee funds have now been replaced with a percentage rate management fee, which now suggests PFG will make more money off of employees retirement accounts.