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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)
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
4.0
Feb 26, 2009
Recommend
CEO approval
Business Outlook

Pros

Very good benefits package, flexible work schedules. Ethical company, good commitment to customer. Provided good severance to workers during recent reduction in force. Team members committed to doing a good job. Good commitment to local community - foundation sponsors a number of charities and community improvement initiatives. Senior management making special effort to communicate to employees and provide perspective on economic and competitive environment.

Cons

Slow implementation of new technologies, pockets of micromanagement, overly restrictive security department can interfere with timely completion of projects. Difficult to advance - have to 'prove yourself in the position' before promotion. Recent reduction in force could have been handled more tactfully - employees knew it was coming for weeks before the day of the reduction, causing significant tension.

4.0
Jan 14, 2009

PFG is just alright with me.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

pay and benifits, some of the people are ver nice to work with. There are a lot of good people there. The work out facilities are nice as well as the onsite places to eat.

Cons

in the current economic times its difficult to move anywhere in the company. I'm sure this is the case at a lot of similar firms. Working downtown des moines is annoying, traffic isn't fun. There are a lot of poliltics that need to be played at principal there, too much red tape that needs to be cut to get anything accomplished. It would be so much better if you didn't have to worry about every little HR detail with everything.

5.0
Jan 10, 2009
Recommend
CEO approval
Business Outlook

Pros

great senior management leadership, great products, award winning service, excellent total compensation package. There is reason why so many people at PFG have 20 plus years with the company

Cons

too much middle management, need more people from the outside, not enough product development, improve incentives for service team

Viewing 2560 - 2562 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.