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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,585 total reviews)
avatar

Deanna Strable

81% approve of CEO

67% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,585 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
5.0
May 28, 2025

Good Pay

Recommend
CEO approval
Business Outlook

Pros

Everything was good I left because i wanted to switch

Cons

Little bit of officed politics played.

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Principal Financial Group Response
11mo
Thank you very much for taking the time to share your feedback and experience. We value your input. All our leaders have an open-door policy, and we encourage our employees to share their concerns.
2.0
May 27, 2025

Outsourcing and AI

Recommend
CEO approval
Business Outlook

Pros

Great coworkers. Not much else.

Cons

They are outsourcing analyst jobs to AI and overseas. The quality of decisions and customer service is nosediving.

3.0
May 22, 2025
Recommend
CEO approval
Business Outlook

Pros

I love the flexibility that I get to work full-time remote. My team's pretty great. That's really about it.

Cons

Pay is pretty dismal to be honest. I was told that when I was hired my bonus would be 5% of my pay in fact was not. I did not receive a compensation increase due to it being my first year which I think dumb. Especially in this economy where everything is so expensive. I advise this to my manager and their recommendation was that I work more over time. Why would I want to work more overtime when my company that makes billions of dollars a year can just I don't know give me a livable wage. Not getting paid. A livable wage makes me feel extremely undervalued at my job.

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Principal Financial Group Response
1y
Thank you for sharing your perspective. As a leading provider of retirement solutions and employee benefits, we offer our employees a competitive benefits package. One of our guiding principles of our global pay philosophy is to be market driven. This means that total pay is set and administered in alignment with the external labor markets in which we compete for talent. We use third-party market data to help ensure base salary and incentives are appropriately aligned.
Viewing 196 - 198 of 2,585 Reviews

Glassdoor has 3,076 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.