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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,587 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 2,587 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
2.0
Nov 3, 2021
Recommend
CEO approval
Business Outlook

Pros

Loved my coworkers and most of the leaders. Also had great benefits.

Cons

Always biting off more than they could chew. Listened to the (bully) stockholders more than the employees and never had a back up plan for any situation. Worst of all, they refused to hire an appropriate number of people for the workload which caused severe employee burnout and led to a mass exodus.

4.0
Jun 16, 2021

Staying steady

Recommend
CEO approval
Business Outlook

Pros

Overall great people. Trying to move to cloud, so you have a chance to work with newer technologies.

Cons

Low pay for industry, benefits seem to be getting worse all the time

3.0
May 17, 2020
Recommend
CEO approval
Business Outlook

Pros

1. Compensation, relaxed life, no work pressure 2. Insurance benefits, leave policy 3. Opportunities are given if you ask for it 4. cab facility, awesome office 5. flexible timings, but some people take undue advantage of this. 6. HO counterparts are the best to work with, the best things about the organisation. If will think of staying with the company its mostly because of these amazing people.

Cons

1. Very less room to grow, initial 1 year you get to learn but then its the same stuff. 2. Managers are biased towards some people, it you are in good books of the managers u will move up the ladder otherwise u will be stuck. This is the case with lateral joiners 3. there is no relation between your performance and promotions. 4. 1:1 discussions are so frustrating, if the manager don't get any point to highlight ur shortcomings they will stick some illogical trait of yours as a shortcoming even if it does not negatively impact your work. 5. the experience criteria for a position applies only to laterals and not to trainees. You will find a trainee with 4 yrs work ex as a lead and a lateral will 9 yrs work exp as a lead even though the lateral has a good working capability. 6. Worst part - some people are in the company to settle , and you will be constantly be compared with a fellow colleague who has been in the organisation for a long time. i have never seen such comparisons anywhere. 7. Lots of focus on innovation and very less attention is being paid to business deliveries, if u are not involved in any activity apart from your day to day delivery , according to them u are not working at all, even if u are doing wonders at the delivery side of things.

Viewing 169 - 171 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.