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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
4.0
Aug 29, 2009
Recommend
CEO approval
Business Outlook

Pros

Great health insurance (medical, dental, vision Great 401(k) match Short and long-term disability provided, which really came in handy when I was diagnosed with cancer Very flexible schedules Friendly and open culture Many potential career paths, when the company is thriving Overall it can be a very welcoming and satisfying place to work without a lot of office politics or back-biting

Cons

Getting my salary cut right when I was finally getting paid a fair market wage Career advancement and professional growth really impacted by swings in the market, leading to less stability and a lot of uncertainty about where my future at least lies with the company Inconsistent leadership at lower levels of management. My supervisors can be really great people and good friends/co-workers, but they're really better analysts than they are managers. In my area there's a lot of hoarding of projects until the very last stages, not enough background communication when someone is included in a project, and many times either the wrong individual is tapped for a project or not tapped early enough in the process to be truly effective.

3.0
Aug 25, 2009
Recommend
CEO approval
Business Outlook

Pros

Great work-life balance, sometime a little more life than work especially with management. Very casual enviorment with less of the attitude and politics of other Wall St. firms

Cons

Poor compensation and bonususes are almost non-existant. Review are pointless and when it comes to bonus time senior managerment always seem to find money for themselves but expect you to understand that these are difficult times. Clear cronyism on all levels. 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.

4.0
Aug 24, 2009

PFG helps employees strike the right balance

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Managers strive to help employees achieve a work/life balance. The integrity displayed by upper management and career agents of Principal Financial Group is very impressive.

Cons

Principal Financial Group is generally a fairly conservative company. It's somewhat frustrating for people that want a more energized and fast paced environment.

Viewing 2551 - 2553 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.