employer cover photo
employer logo
employer logo

Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,587 total reviews)
avatar

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 2,587 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
4.0
Feb 23, 2023

6 Years in a Great MNC

Recommend
CEO approval
Business Outlook

Pros

Work-Life Balance Great People to work with High Compensation No compromise of Infrastructure and Employee benefits

Cons

Very stingy with PTOs/Leaves especially Festival leaves High rate of attrition, few stay more than 3 years, lots of trainees, so a lot of emphasis to mentor and guide newbies Poor relationships between Department Teams (Many forget we are all part of the SAME company) HO teams get to choose what they want to work on and Indian teams get the leftovers No scope for learning new technologies or participating in interesting opportunities unless HO gives go ahead. And then there's still a lot of interference. Absolutely no respect for BAs or QAs. Very developer-centric environment. Micro-management from HO and Indian managers on work items

3.0
Jul 22, 2022
Recommend
CEO approval
Business Outlook

Pros

Nice offices, work from home flexibility, decent pay, pension plan and nice PTO options.

Cons

Principal acquired most of Wells Fargo Retirement Investment and Trust clients and unfortunately their current systems, processes, policies and procedures proved to be less than adequate to meet the sudden massive influx of new clients. Sadly, the old WF employees were the ones to take the brunt, where near 33% of them ended up leaving or being dismissed. The growing pains are quite a bit to bare and I'm not sure if the company will address the needs properly or if they will continue to run with this "bare minimum" mindset

Viewing 163 - 165 of 2,587 Reviews

Glassdoor has 3,078 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.