employer cover photo
employer logo
employer logo

Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.9

72% would recommend to a friend

(2,579 total reviews)
avatar

Deanna Strable

82% approve of CEO

69% positive business outlook

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).

Reviews by job title

3K reviews
2.0
Feb 6, 2015
Recommend
CEO approval
Business Outlook

Pros

Work life balance is good. Less work and option of taking off days whenever you want Good for people who don't have great ambition in life facilities like canteen, cab are good

Cons

Very poor management , if you are coming from one of the top IT providers, you can clearly notice how poor the management, esp senior management. They don't have any skills or talent that you can learn from. They are in political groups and support old timers. No career growth. there are developers of 10 years experience and if you ask for growth you get answer like "if you want you leave, we dont have anything for you". Management is arrogant that they can pay and get resources whenever they want. The typical life span of an employee is 2 years beyond which you will find it difficult to work in PGS. Most of the senior employees are very poor technically and also in business area. If you are expectation is that PGS needs technical skills or great business skills, then you are wrong. All you need is a below average brain. Lots of unethical practice - which can't be commented here as glassdoor will anyway remove them, when I say unethical, it is really bad - even political organizations may not be that bad!! an interesting case is that the company is surrounded by malls and movie halls, so you will have many employees going out for breaks and returning late. This includes managers.

1.0
Jan 11, 2018
Recommend
CEO approval
Business Outlook

Pros

Working from home, flexibility, modern buildings and work spaces, the worker bees, locations and ability to work remotely. Employees are very dedicated.

Cons

Low pay, team politics, old boys network, nepotism(It’s very common for upper management have family working here, and they do get preferential treatment), some people don’t get promotions regardless of the experience and dedication, some managers don’t even make eye contact with the regular Joe unless you play golf. They make you believe this is the best place to work(always on top 100 best places to work not sure how). Some departments are better than others. Do your home work before you apply here). Some of the benefits offered like the dental insurance is really the worst out there. No employee should have to pay for a plan that pays for no claims. On the outside, the place looks phenomenal (state of the art buildings), but inside it stinks rotten because of the bad culture. You have to be blind or build a tough skin to make it here. Lots of people with Assistant Directors, Directors and Vice Presidents titles but they don’t deserve it.

1.0
Apr 1, 2017

A Good Place to Work... If You're a Kiss-Up

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work/Life balance Flexible hours Good cafeteria

Cons

Middle Managers Performance toteming system Varying yearly bonus instead of market-level salaries Health care benefits Technology

Viewing 19 - 21 of 2,579 Reviews

Glassdoor has 3,068 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.