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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

      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

      3.4

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      3K reviews
      2.0
      Jul 11, 2014

      High turnover, constantly changing strategy & organization, mostly average PMs & Analysts

      Equity analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Decent place to start out of college. Because of large AUM, immediately get access to top sell-side analysts, most investment conferences and above average management access - this all leads to opportunity to develop solid contacts in investment industry for when you choose to leave PGI. Great place to work if you are from Iowa, you actually like Iowa and want to spend your whole life in Iowa. Mid Cap Blend manager is excellent. Great track record.

      Cons

      Iowa is a very dull place. Constantly reshuffling teams (separate Value & Growth teams across all mkt caps, then sorted by Large, Mid, Small across all investment styles, then turned into a quant shop where analysts are basically window dressing.) With some exceptions, ineffective at attracting money outside captive Principal pension client. Probably because of combination of middling investment performance and poor marketing skills (both from marketing staff and investment staff). Mediocre PMs and analysts (again, with some exceptions, of course). Most people who have real talent leave for better pastures. Lot of Iowa based people who, if they keep their head down, don't take many chances and don't blow themselves up, can have a long, decently compensated career.

      3.0
      Jul 7, 2014

      Great learning experience and great people!

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Casual wear, great PTO!, good benefits, most departments adhere to a flexible work policy.

      Cons

      Some departments remain very conservative, which is challenging when the rest of the company is so progressive!

      Viewing 2410 - 2412 of 2,585 Reviews
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      ReviewsPrincipal Financial Group 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.