Does Principal Financial Group pay their employees well?

According to anonymously submitted Glassdoor reviews, Principal Financial Group employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Principal Financial Group. This rating has been stable over the past 12 months.

How satisfied are employees working at Principal Financial Group?

72% of Principal Financial Group employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Principal Financial Group 4.0 out of 5 for work life balance, 3.9 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Principal Financial Group?

Software Engineer (158) , Analyst (103) , Financial Advisor (53) , Data Engineer (45) , Retirement Specialist (44) , Senior Software Engineer (44) , Software Developer (42) , Intern (38) , Business Analyst (31) , Process Specialist (28) , Associate Consultant (24) , Financial Analyst (24) , Software Engineer(Internship) (24) , Client Service Associate (23) , Senior Analyst (22)

What are the pros of working at Principal Financial Group according to real employee reviews?

"Great benefits and the company overall is working to have the employees to be more antonymous." ((in 249 reviews)); "Very fulfilling work with great people" ((in 152 reviews)); "pay can be good for some position" ((in 105 reviews)); "Good work culture and processes" ((in 91 reviews)); "providing jobs and good salaries" ((in 64 reviews))

What are the cons of working at Principal Financial Group according to real employee reviews?

"3. Bad management infact they do not know to manage at all. 4. No employee importance." ((in 109 reviews)); "Most managers have next to no idea what an employee is doing and rely very heavily on surveys given to each team." ((in 43 reviews)); "Not well known in New England, poor leadership, fend for yourself, make money off your friends and family" ((in 34 reviews)); "management has gotten weaker and weaker, while upper management has become more focused on moving the stock price." ((in 11 reviews)); "Senior management is not the brightest by any stretch of the imagination, and junior expressing any ambition to contribute beyond their role is immediatley squashed." ((in 9 reviews))

What are employees saying about Principal Financial Group layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Principal Financial Group layoffs and their outlook for job security at Principal Financial Group in 2026.

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Principal Financial Group

Principal Financial Group reviews

3.8

72% would recommend to a friend

(2,579 total reviews)

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

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Reviews by job title

3K reviews

5.0

Mar 29, 2011

Tough business to start, but worth it when you make it.

Financial advisor

Recommend

CEO approval

Business Outlook

Pros

Great company and support. Independence wihout being on your own entirely. Great group of producers and advisors to lean on and learn from.

Cons

More than half will burn out or give up. Toughest job ever. Do not try if you are not commited.

4.0

Mar 1, 2011

A learning experience.

Financial advisor

Recommend

CEO approval

Business Outlook

Pros

Flexibility and control of your own schedule without a lot of direct supervision. If you can handle that responsibility, it is a good career.

Cons

Just like any large corporation, there is a ton of bureaucracy and red tape that makes doing your job a little tough. Coupled with FINRA and it can be a beast at times.

3.0

Mar 1, 2011

Ok

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great benefits and flexible schedules. Our divisional management were acceptable. Salary was fair in our market. Some advancement potential at PFG.

Cons

Health Division no longer a priority at Principal Financial Group. All claims and health benefits are not longer with Principal Financial.

Viewing 2542 - 2544 of 2,579 Reviews

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Reviews by job title

Tough business to start, but worth it when you make it.

A learning experience.

Ok

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