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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
      3.0
      Apr 6, 2013

      Great company, if you happen to be in the right clique...

      Sales/service
      Recommend
      CEO approval
      Business Outlook

      Pros

      Principal used to be a great place to work. They had great benefits and promoted their culture as a positive reason to remain with the company. This was back when they regularly were named one of Forbes "Best Places To Work", in the mid 2000's.

      Cons

      There's a reason Principal is no longer named on the Forbes list. The atmosphere has really been degraded since 2008. Mid-management has gotten weaker and weaker, while upper management has become more focused on moving the stock price. This has led to a dilemma for many employees: do the right thing for the client and face a backlash from management or toe the company line and leave your professional integrity at the door. Their compensation package tells you all you need to know...

      3.0
      Mar 7, 2013

      Average/Good company overall; be aware of what dept you work in, make a huge difference(stay away from RIS)

      Marketing specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      -Salary is competitive in most roles (compared to large markets) -PTO and general benefits are great, best I've seen or had -Plenty of non work functions; cheap tickets, socials, etc -Several gyms and locker rooms(very outdated though but are about to remodel), Upper Mgmt is proactive with health -dining options

      Cons

      -Each dept is run COMPLETELY different -Numerous people in roles they are not qualified for or have 0 experience in -promotions and salary are based on time at PFG, not your skill set or performance; hard to get a fair look when wanting to change areas, pigeon holed to same area for long time unless VP/C level. A lot of people in same role/area for 10+ yrs. get title promotions is all! -people can just hide behind monitor or not be at desk and float by -Mgmt makes up meetings so they don't have to work, pass off tasks to those below, Mgmt does very little, just talk about things and do nothing -people are ask to meetings they have no business being in; politics and kissing! -culture is promoted but it is not the best; a lot of talk but no walk -Downtown traffic and not much for attractions -Remodel is going to take a long time and cause a lot of headaches -dining is expensive

      Viewing 2482 - 2484 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.