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      Principal Financial Group

      Engaged Employer

      Principal Financial Group reviews

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      3.8

      72% would recommend to a friend

      (2,579 total reviews)
      avatar

      Deanna Strable

      82% approve of CEO

      68% 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 2,579 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 21, 2011

      A good, solid place to work, just not very challenging or motivating

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Generally, the company provides a stable, reliable work place with the typical employee tenure between 15-20 years. The business has great potential and a solid track record within the market and community. Leadership supports individuals willing to make a long term commitment to the organization and is willing to nurture that relationship.

      Cons

      Being in the financial and insurance industries, the enterprise is slow to adapt or innovate. A combination of low risk tolerance, heavy regulation, and lack of solid, visionary leadership keep the organization from providing a challenging work environment, an energized workforce, and driving significant growth.

      2.0
      Apr 17, 2011

      Extremely competent staff employees who work hard for bottom quartile pay, matched with poor management execution.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Fellow staff employees at Principal Global Investors are well qualified and very competent. Many employees have significant experience, although company doesn't necessarily value this.

      Cons

      Company pays long time employees poorly, taking advantage of limited opportunities in the Midwest markets. Historically anyone who dared raise objections to any management move was labeled "not a team player", with career opportunities truncated. During crisis of 2008-2009, significant staff was laid off, while virtually no managers lost their positions. Employees have consistently voiced complaints in employee surveys, with limited actions by management (I don't plan to fill out survey again anytime soon -- questions about management performance are limited and rigged to be vague).

      5.0
      Apr 2, 2011

      Great Place to Work.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great Place to Work and they offer great benefits

      Cons

      Promotions are difficult to obtain

      Viewing 2521 - 2523 of 2,579 Reviews
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      ReviewsPrincipal Financial Group reviews

      Glassdoor has 3,068 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.