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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 14, 2008
Recommend
CEO approval
Business Outlook

Pros

Flexibile scheduling and development training. The company allows you to flex your schedule to the max. Work 10 hours some days so you can take a half day. You can work at home. It's amazing. The company also provides a variety of benefits not avaialbe at all companies. You can work out on your lunch hour, take breaks at the High Street Retreat (game location) or spend time looking at the various art work on corporate campus. Additionally, for those with children, the company just opened up a child development center for employees (though not subsidized by the company). Many opportunities to move throughout the company.

Cons

Very similar "corporate" red tape. Members of management do not provide details when needed. However, they do provide small group meetings, which they tend to be more open and direct. The opportunities in the company tend to be more horizontal instead of vertical.

5.0
Aug 6, 2008
Recommend
CEO approval
Business Outlook

Pros

Princiapl offers a very flexible work schedule, great people to work with, and a great environment to work in. People are there to help youif you need it, leave you alone if you don't, and they pay very well compared to compeitive intern positions I've seen. The work loads are reasonable, I have not heard anyone truly complain about their load or not having time or help to get it done. But there still is a push to be the best everyone can be and move as quickly as possible without wearing on people like some companies I've heard do.

Cons

I honestly have not run into any major issues that would make me not want to work here full time. The parking situation is my only gripe, but they are currently building a large parking garage across the street from the building I work in that I can probably end up in. As of now, they are busing people to and from a flat lot, which while they are making their best attempt to accomodate the employees, it still adds 20-30 minutes to your day, and you have to show up and leave by the bus schedule. Nothing in the office is a turn off for this job so far.

2.0
Jun 20, 2008

Not marketing-driven

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fantastic benefits (especially for the Des Moines area and the Midwest), great company reputation in the industry and in the region, and good work/life balance. Performance is rewarded with career advancement, but most likely not at the pace that many people would expect. Corporate headquarters is located in downtown Des Moines, which is experiencing cultural growth. Des Moines has been rated a great place to live and to raise a family, and the cost of living is very manageable.

Cons

The division of labor is so great that roles and responsibilities can be quite limited in scope, greatly reducing the satisfaction (and amount) of day-to-day work. There is quite a bit of role overlap in the various marketing areas, leading to tension and turf battles over strategies and initiatives. The advancement of initiatives requires a HUGE amount of buy-in, almost to the point of becoming unmanageable. Senior leadership seems to be frequently engaged in internal political issues. There is a lot of lip service paid to observing and sharing marketing best practices, but much is left to be desired in the actual application of these practices. Marketing in general does not seem to have a leadership position within the company. On a minor issue, there seems to be almost too much internal communication.

Viewing 2572 - 2574 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.