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      Principal Financial Group

      Engaged Employer

      Principal Financial Group reviews

      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
      2.0
      Jun 3, 2011

      Need to support your sales force and not make excuses for the pencil pushers...

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good comp, but comp structure is not explained properly. Benefits are fair, but are very costly to the sales team.

      Cons

      Talk a big game about supporting the sales force and puts together a front of training, but at the end of the day, any issues are not dealt with and are just brushed aside as being part of the industry.

      4.0
      May 20, 2011

      Good midwest company

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      competitive benefits pagackage & pay, flexible work environment

      Cons

      field sales office does not to promote career advancement

      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).

      Viewing 2539 - 2541 of 2,579 Reviews
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      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.