employer cover photo
employer logo
employer logo

Principal Financial Group

Engaged Employer

Principal Financial Group reviews

3.9

72% would recommend to a friend

(2,579 total reviews)
avatar

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
May 10, 2009
Recommend
CEO approval
Business Outlook

Pros

Competitive benefits package with lots of paid time off. Relationship building is more important than any three things combined, if you like to talk this is a good place to work.

Cons

Working with people that have been their a long time can be difficult. Senior titled employees have a cocky sense of entitlement that can be extremely difficult to work with. Must be in a "click" to succeed otherwise you run the risk of being an outcast. Too much bureaucracy and red tape. Change comes very slowly that leads to a lot of "downtime" which if not handled with care can lead to negative feedback. Work environment can become very stale and stagnate.

4.0
Apr 6, 2009
Recommend
CEO approval
Business Outlook

Pros

The Principal Financial Group has a great reputation in the Des Moines community. They are an established employer who is known to give their customers and edge in their retirement and insurance needs. Also, they provide their employees with an extensive (employee-paid) benefits package including 401(K), health, vision, dental, & a cash balance pension plan.

Cons

In my experience, the Principal Financial Group has not provided many chances to advance even before the current economic situation. Also, management frequently makes decisions without consulting with those who know the jobs best and can annalyze the impacts. Finally, the pay at the Principal Financial Group does not really seem to be tied to your experience or performance.

3.0
Apr 4, 2009
Recommend
CEO approval
Business Outlook

Pros

The people are great and the working environment is decent no frills.

Cons

The compensation, less competitive in the State in addition to the lack of perks if not located in the coporporate office.

Viewing 2557 - 2559 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.