Does Principal Financial Group pay their employees well?

According to anonymously submitted Glassdoor reviews, Principal Financial Group employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Principal Financial Group. This rating has been stable over the past 12 months.

How satisfied are employees working at Principal Financial Group?

71% of Principal Financial Group employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Principal Financial Group 4.0 out of 5 for work life balance, 3.9 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Principal Financial Group?

Software Engineer (159) , Analyst (103) , Financial Advisor (53) , Data Engineer (45) , Senior Software Engineer (45) , Retirement Specialist (44) , Software Developer (42) , Intern (38) , Business Analyst (31) , Process Specialist (28) , Software Engineer(Internship) (25) , Associate Consultant (24) , Financial Analyst (24) , Client Service Associate (23) , Senior Analyst (22)

What are the pros of working at Principal Financial Group according to real employee reviews?

"Great benefits and the company overall is working to have the employees to be more antonymous." ((in 250 reviews)); "Very fulfilling work with great people" ((in 152 reviews)); "pay can be good for some position" ((in 101 reviews)); "Good work culture and processes" ((in 84 reviews)); "providing jobs and good salaries" ((in 65 reviews))

What are the cons of working at Principal Financial Group according to real employee reviews?

"3. Bad management infact they do not know to manage at all. 4. No employee importance." ((in 110 reviews)); "Most managers have next to no idea what an employee is doing and rely very heavily on surveys given to each team." ((in 42 reviews)); "There is no training and you are literally thrown into the fire and nobody helps you." ((in 41 reviews)); "Senior management is not the brightest by any stretch of the imagination, and junior expressing any ambition to contribute beyond their role is immediatley squashed." ((in 12 reviews)); "management has gotten weaker and weaker, while upper management has become more focused on moving the stock price." ((in 11 reviews))

What are employees saying about Principal Financial Group layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Principal Financial Group layoffs and their outlook for job security at Principal Financial Group in 2026.

What are the top reviewed Principal Financial Group locations?

Ciudad de México , Monterrey , Torreón , Puebla , San Pedro Garza Garcia , Guadalajara , Querétaro , Cholula , Tehuacán , San Luis Potosí , León , Saltillo , Boca del Río , Aguascalientes , San Nicolás de los Garza

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,587 total reviews)

Deanna Strable

81% approve of CEO

68% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (2,587 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,587 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

1.0

Aug 1, 2024

Horrible experience

Strategist

Recommend

CEO approval

Business Outlook

Pros

Pay was good and hybrid work and nice.

Cons

My manager was the worst! He mislead and mismanaged my entire experience. He should not be allowed to manage others.

Principal Financial Group Response

1y

We appreciate your feedback and are very sorry to hear about your experience. If there is anything else you’d like to share, you can anonymously report through the Ethics Hotline (1-866-858-4433) or the Unethical or Fraudulent Activity Reporting form: https://secure.ethicspoint.com/domain/media/en/gui/54514/index.html.

4.0

Jul 5, 2024

Process Specialist

Analyst

Recommend

CEO approval

Business Outlook

Pros

During my time at [Previous Organization], I appreciated several positive aspects. The organization offers an excellent work-life balance, which contributed significantly to employee well-being. The campus itself is outstanding, easily deserving a 10/10 rating. Additionally, the leave policy and salary are both commendable, providing a supportive and rewarding work environment.

Cons

During my time at PGS, I encountered significant challenges due to the management team, particularly the managers and team leads. The environment was plagued by extensive internal politics, which led to considerable mental harassment for many employees. The lack of supportive leadership and transparent communication severely impacted the overall work atmosphere and employee morale.

Principal Financial Group Response

1y

We’re sorry to hear about your experience and thank you for bringing this to our attention. At Principal, we take these matters very seriously and we have raised this feedback with the appropriate internal contacts for further evaluation. Principal remains committed to providing a diverse, equitable, and inclusive work environment, free of unlawful discrimination, and harassment. If there is anything else you’d like to share, you can anonymously report through the Ethics Hotline (1-866-858-4433).

1.0

Jun 11, 2024

Terrible

Std case manager

Recommend

CEO approval

Business Outlook

Pros

The pay is wonderful at principal

Cons

They over work you.. there is no ramp up.. straight outta training they want you processing 10 claims a day!

Principal Financial Group Response

2y

We appreciate you taking the time to share your experience. We are committed to the ongoing development and implementation of training programs to prepare team members to be successful in their roles once training is completed. Additionally, once training is completed, claims analysts have access to dedicated consultants to help with specific case-related questions, in addition, to their day-to-day leader.

Viewing 154 - 156 of 2,587 Reviews

Jobs at Principal Financial Group

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