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?

71% 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 (159) , Analyst (103) , Financial Advisor (53) , Data Engineer (45) , Senior Software Engineer (45) , Retirement Specialist (44) , Software Developer (42) , Intern (38) , Business Analyst (31) , Process Specialist (28) , Software Engineer(Internship) (25) , Associate Consultant (24) , Financial Analyst (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 248 reviews)); "Very fulfilling work with great people" ((in 151 reviews)); "good pay and bonuses ." ((in 111 reviews)); "Good work culture and processes" ((in 89 reviews)); "providing jobs and good salaries" ((in 64 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 39 reviews)); "management has gotten weaker and weaker, while upper management has become more focused on moving the stock price." ((in 11 reviews)); "Senior management is not the brightest by any stretch of the imagination, and junior expressing any ambition to contribute beyond their role is immediatley squashed." ((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.

What are the top reviewed Principal Financial Group locations?

Ciudad de México , Monterrey , Torreón , Puebla , San Pedro Garza Garcia , Guadalajara , Querétaro , Cholula , Tehuacán , San Luis Potosí , León , Saltillo , Boca del Río , Aguascalientes , San Nicolás de los Garza

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Principal Financial Group

Principal Financial Group reviews

3.8

71% would recommend to a friend

(2,585 total reviews)

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).

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Reviews by job title

3K reviews

2.0

Mar 18, 2014

Caring local folks goals which quickly became unbelievable.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Freedom within job to excel, great home office staff.

Cons

doubling already high goals each year was crazy.

3.0

Mar 17, 2014

NEVER AGAIN

Individual investor specialist ii

Recommend

CEO approval

Business Outlook

Pros

The pay was competitive for the area.

Cons

It was hard to be recognized as a valuable employee. When you're one among hundreds of call center reps you just become a small person in a big crowd. It never felt like management actually cared about you as an employee - only your call handling time, soft sale numbers, and pitches for other products mattered. There was no support for our teams during the largest recession in recent history. We dealt with unhappy customers, folks losing their jobs, trying to cash out their retirement plans just to make ends meet..it was depressing and management couldn't or wouldn't recognize the effort the ee's went through.

5.0

Mar 13, 2014

Great career balance and competitive total compensation

Financial analyst

Recommend

CEO approval

Business Outlook

Pros

The Principal is a force in the community of Des Moines which provides a lot of advantages to the employees. Individual managers have a lot of discretion on HR policies within their team which creates a very comfortable environment with a great work life balance.

Cons

While base salaries may be slightly below national averages you will see for similar positions, the total compensation package and overall benefits definitely make up for it.

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Caring local folks goals which quickly became unbelievable.

NEVER AGAIN

Great career balance and competitive total compensation

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