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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,586 total reviews)
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Deanna Strable

81% approve of CEO

68% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,586 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
Sep 15, 2021

Okay.

Recommend
CEO approval
Business Outlook

Pros

In PGS Pune - Transport, good office space, in Magarpatta

Cons

In PGS Pune - 12*7 (or more) per month on-call support (including weekend and NO compensation) where you are have to handle mostly NON-salesforce related tickets, no good CRM work, stagnant growth and career, work life balance is going down, low hike and salary as compared to market value, no on-site opportunity, bias in promotions,no WFH !

1.0
Jul 2, 2021
Recommend
CEO approval
Business Outlook

Pros

competitive pay, medium benefits, large campus.

Cons

requirement to meet 4 minute Average Handle Time(AHT), so on average you don't take more than 4 minutes helping a caller, and are penalized or even fired if your AHT, but you can't control if an office calls with 6 policies with dozens of questions each, or there are 3rd part insurance verification companies outsourcing their contracts with dental offices all over the country and outsource them to a massive call-center in India who will ask about 100's of procedures one by one rather than letting you fax or email them, and the language barrier makes it infinitely slower having to repeat yourself over and over and over again. And then all the mangement say is "well, just try to control what you can on the call" which is nothing. You can't control when a caller isn't prepared and takes 3 minutes for them to give the information to pull up their account and verify them, so you're left with 1 minute to wrap it up to meet your 4 minute Average Handle Time goal which is impossible. People are constantly quitting or getting fired, and nothing is done to keep or retain good enployees. because it's a revolving door of trying to get new hires while employees keep leaving because they can't meet the insane goal, they are constantly understaffed, leading to backed up call queues, so the once the callers get through they try to make the most of their time with you and ask about 6, 7, 8 accounts so you end up with a 15-20 minute call and you get punished because the mismanagement and failure to staff adequately. Seperate issue is the change to "Neighborhood Seating" instead of assigned desks/cubicles. People don't wipe down or clean their workstations after themselves, and before covid a bad case of the flu spread the entire floor because everyone switches and shares desks and keyboards and they weren't being cleaned, so covid made it an even more sever issue but still non-assigned seating persists to this day.

2.0
Mar 24, 2021
Recommend
CEO approval
Business Outlook

Pros

Salary, Benefits, management makes mediocre attempts to make it less miserable

Cons

This was by far the most stressful job I ever had in my life. The metrics were almost impossible to keep up and the company seems to do everything in their power to make it impossible to transfer to another department. I took over 100 calls a day and was still told my performance wasn't good enough. I knew the job and i did it well, i would miss metrics over being seconds over handle time. Which is extremely unfair to a call center rep who gets callers who physically don't let you off the phone.

Viewing 121 - 123 of 2,586 Reviews

Glassdoor has 3,077 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.