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?

72% 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 (158) , Analyst (103) , Financial Advisor (53) , Data Engineer (45) , Retirement Specialist (44) , Senior Software Engineer (44) , Software Developer (42) , Intern (38) , Business Analyst (31) , Process Specialist (28) , Associate Consultant (24) , Financial Analyst (24) , Software Engineer(Internship) (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 243 reviews)); "Very fulfilling work with great people" ((in 154 reviews)); "Good company with good pay" ((in 104 reviews)); "Good work culture and tech stack" ((in 85 reviews)); "providing jobs and good salaries" ((in 59 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 45 reviews)); "There is no training and you are literally thrown into the fire and nobody helps you." ((in 41 reviews)); "Not well known in New England, poor leadership, fend for yourself, make money off your friends and family" ((in 33 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.

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Principal Financial Group

Principal Financial Group reviews

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3.9

72% would recommend to a friend

(2,579 total reviews)

Deanna Strable

82% approve of CEO

69% positive business outlook

Ratings by category

4.0

Diversity & inclusion

4.0

Work/Life balance

3.9

Culture & values

3.7

Compensation and benefits

3.6

Career opportunities

3.5

Senior management

Principal Financial Group has an employee rating of 3.9 out of 5 stars, based on 2,579 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).

Ratings by demographic groups

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Reviews by job title

3K reviews

3.0

May 7, 2026

Good culture and work-life balance, but low pay and strict policies

Data engineer

Recommend

CEO approval

Business Outlook

Pros

Good culture Work life balance is good Opinions are appreciated

Cons

No work from home and strict policies Low salary

Principal Financial Group Response

Thank you for sharing your perspective. Principal has been committed to providing a tailored approach to life and work for our employees for more than 50 years. We remain committed to flexibility and supporting a variety of work arrangements while balancing the value of working together in person. As a leading provider of retirement solutions and employee benefits, we offer a competitive benefits package. Our global pay philosophy is market driven, with total pay aligned to external labor markets using third‑party data.

4.0

May 6, 2026

Friendly remote work but low pay and old tech

Software development engineer (sde)

Recommend

CEO approval

Business Outlook

Pros

Remote. Friendly. You could learn more about AWS and Salesforce

Cons

Low pay. Old stack. Could stagnate

Principal Financial Group Response

We appreciate you sharing your feedback. As a leader in retirement solutions and employee benefits, we strive to provide our employees with a competitive benefits package. Our global pay philosophy is guided by market-driven principles. and we leverage third-party market data to ensure our base salary and incentives remain appropriately competitive.

3.0

May 6, 2026

Flexible work environment, but management can be toxic

Strategist

Recommend

CEO approval

Business Outlook

Pros

Flexibility, hybrid work environment, nice corporate campus

Cons

Limited upward trajectory, sometimes toxic management

Principal Financial Group Response

Thank you for sharing this feedback. At Principal, we strive to foster a supportive, inclusive, and accountable workplace. If you’d like to provide more detail about your experience, you may choose to use our confidential reporting options, including the Ethics Hotline (1-866-858-4433) or through the Unethical or Fraudulent Activity Reporting form: https://secure.ethicspoint.com/domain/media/en/gui/54514/index.html.

Viewing 16 - 18 of 2,579 Reviews

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Principal Financial Group

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Ratings by category

Ratings by demographic groups

Reviews by job title

Good culture and work-life balance, but low pay and strict policies

Friendly remote work but low pay and old tech

Flexible work environment, but management can be toxic

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