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      Principal Financial Group

      Engaged Employer

      Principal Financial Group reviews

      3.8

      71% would recommend to a friend

      (2,584 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 2,584 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
      Aug 26, 2013

      Not a great place to work in IT

      It applications analyst senior
      Recommend
      CEO approval
      Business Outlook

      Pros

      This is a great place to work in general. The work/life balance and flexible scheduling is great. The retirement plan is great.

      Cons

      This is not a great place to be a software engineer in many departments. The discipline is not valued. There is a belief that they don't have to be a great software development organization since they aren't selling software...but they still have to support the stuff they create! Much of the entry level development is done by contractors in some departments.

      2.0
      Aug 9, 2013

      PFG is good, PGS fails

      Developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      The review is about PGS, the Pune IT arm of PFG. Good work life balance in Pune. Good policies like cab transport, can take leave whenever you want. Many have misused the flexibility so that they did'nt need to work for years. Direct interaction with US team helps in gaining confidence to take complex work. This company is a very good place for those who want a very relax lifestyle , and don't care about career growth.

      Cons

      Poor management. The IJP system is flawed and is aimed to promote sycophants. Growth in terms of knowledge/system is discouraged. Participation in outside work (music, songs, dance, birthday songs) is considered more important than key projects. There are too many managers who dont understand why they exist and they pretend to know more than the HO folks. The so called L3,L2 (managers) get some one or two words from HO and then try to act as though they know it all. A level called AVP was created to "move up the value chain", so more festivities were executed! This company is good only for those who join managers and above. For any other level, team lead or developer, this company is only good, if you wish to take a break for 2 years from typically Indian IT service companies.

      3.0
      Jul 26, 2013

      One of the Bad HR Team & Head

      Team leader
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good Policies, Benefits, Best Business Head across market. Work Life Balance.

      Cons

      HR Team specially AVP HR, PA System, IJP's

      Viewing 2470 - 2472 of 2,584 Reviews
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      ReviewsPrincipal Financial Group reviews

      Glassdoor has 3,074 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.