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      Principal Financial Group

      Engaged Employer

      Principal Financial Group reviews

      3.8

      72% would recommend to a friend

      (2,590 total reviews)
      avatar

      Deanna Strable

      81% approve of CEO

      69% positive business outlook

      Ratings by demographic groups

      Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,590 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
      2.0
      May 25, 2019

      Good if u wanna chill

      T2 analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      I have been working at Principal Financial Group full-time for more than 3.5 years Pros 1. High amounts of free time - so much that u feel underutilised but its good if u wanna switch. Study and switch to companies with 2x salary and less toxicity 2. Health benefits. Leave policy. 3. Recroom.

      Cons

      Cons - 1. Recroom. I have seen people playing TT all day in rec-room and get hikes better than some people who work hard all day (includes me obviously) 2. Unfair treatment. They say they use market correction my foot. They pay differently even among teams and boast of being fair. I mean come on, isn't that funny. People who do not understand basic programming stuff get same hikes are people who do good just cuz of manager bias or cuz manager is of opposite sex. 3.They dont follow on their words - Managers are only for the sake of approving leave. Do nothing sit all day in single place and talk big words. Leadership just talks about big terms and do nothing on it. 4. Leadership does not care about a persons career growth. U wil be treated as a resource and not a human. So much that I am planing to switch back to the company I came from. I wish I never switched to Principal global for the same of higher package - my friends at my previous org make more than me and half of them have been onsite too.

      1.0
      May 19, 2019

      Des Moines is enjoying a power grab.

      Senior analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Principal is from Des Moines, IOWA in the United States. If you like to work from Des Moines Principal could be a good employer for you. The unwritten rule seems to be Des Moines take care of Des Moines. There is a wave of centralisation going on that brings more power to Des Moines based employees.

      Cons

      If you are working for Principal Global Investors outside of Des Moines, you run a high risk of being marginalised at the moment. Des Moines is likely not going to listen to you and perhaps not threat you very nice. The business is not growing and cost cuts will likely fall on the people working outside of Des Moines. It is what it is....

      Viewing 295 - 297 of 2,590 Reviews
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      ReviewsPrincipal Financial Group reviews

      Glassdoor has 3,081 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.