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Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.9

72% would recommend to a friend

(2,579 total reviews)
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Deanna Strable

82% approve of CEO

69% positive business outlook

Principal Financial Group has an employee rating of 3.9 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).

Reviews by job title

3K reviews
3.0
Mar 23, 2010

Good place to start your career

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great work life balance and flexibility (in most departments and work areas) - Good 401k match along with DB plan (pension) - diverse businesses, opportunity to learn about different business aspects - lots of learning and support in the initial years, good area for personal development

Cons

- limited career path beyond Sr IT analyst - salary caps and market reference points which do not necessarily match with market (in my opinion) - promotions based on relationship building and who you know - middle management (director, Asst Director) do not necessarily have leadership qualities, good managers with limited thinking. - to get promoted you have to put in your years rather than skills, talent and experience

2.0
Mar 18, 2010
Recommend
CEO approval
Business Outlook

Pros

Flexible for producers, good support and training staff; Good alternative products, significant choice of investment products and alternative insurance products.

Cons

Home office traditional, inexperienced and secretive. Extremely useless with investmant support, crippling reliance on ineffective RIA and analysis. Limited product choice.

3.0
Mar 11, 2010
Recommend
CEO approval
Business Outlook

Pros

Great Benefits if you take advantage of them. The flexability is next to none when it comes to the legal department.

Cons

The Principal Financial Group is a great company to work for. However; as a legal Support Assistant you are doing everybody else’s job and get noted as the catch all for the department when others can't perform up to par, or are too lazy to do their own job that they are being paid an inflated salary for. The company runs on a seniority pay scale, so you can have an employee in your department that doesn't do anything, but has been with the company since Jesus so they get paid outrageous amounts for their little effort. Communication within the legal department is horrible.

Viewing 2542 - 2544 of 2,579 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.