Principal Financial Group reviews

For Pune location: 1. the way in which the performance appraisal process is carried out by management (this happens twice a year and is the period when employees are frustrated and pissed off the most) 2. no transparency in promotion policy; Managers and HR are incapable of answering the related questions and always provide fancy sounding answers to fool the employees. 3. unapproachable or non-responding Human Resource (HR) department. 4. Lack of technical knowledge to most of the managers / leaders. If you wish to have manager's guidance in technical areas, then it is myth in Principal Pune. 5. Following the Agile principles for the namesake; actually no department has come out of waterfall mindset yet. Still they boast of Agile world. Clear Over-hyped here. 6. Middle management is not capable of taking cues from top management goals and derive business unit level goals for Pune employees. Here they are completely dependent on US based counterparts. So rest of the App developers / BAs / POs / QAs get dragged behind such copy+pasted strategy. 7. Mid management does paperwork for planning but lacks the drivers for executing the same; also it lacks managers who can lead from front to implement the plans. Due to this most of the plans have never come into existence and remained on power point slides. 8. Only 4 organizational leaves per year in addition to 30 individual leaves. 9. Cafeteria food quality can definitely be improved. 10.Career growth gets stopped after a while. 11.Favoritism is promoted a lot by managers / leaders. 12.Managers/ leaders are not aware of your work so before appraisals they try to get that knowledge from their favored employees (who can easily malign or downgrade your work). 13. Too old technologies to work upon. Other competitors and even the start-ups are providing better technologies. 14. Lack of transparent communication at most of the levels. 15. Not much motivation and time given for practical innovation.

Think Carefully before joining , if you want to learn new skill or domain knowledge, want to go onsite, want to have clear goals to achieve, want to work professionally(non political, performance driven, Not Yes Boss type), want to have career aspiration to achieve something meaningful in life. If you taken risk already and want to revert your decision, the notice period is only one month (The Best Perk).