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      Principal Financial Group

      Engaged Employer

      Principal Financial Group reviews

      3.8

      72% would recommend to a friend

      (2,595 total reviews)
      avatar

      Deanna Strable

      78% approve of CEO

      70% positive business outlook

      Ratings by category

      4.0

      Work/Life balance

      3.9

      Culture & values

      3.9

      Diversity & inclusion

      3.6

      Compensation and benefits

      3.6

      Career opportunities

      3.4

      Senior management

      Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,595 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 Financial Services industry (3.7 stars).

      Ratings by demographic groups

      Reviews by job title

      3K reviews
      4.0
      Sep 3, 2024

      Review

      Senior customer service specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      They have good benefits and PTO.

      Cons

      Lack of pay or loyal employees.

      avatar
      Principal Financial Group Response
      1y
      Thank you for for taking the time to leave a review. As a leading provider of retirement solutions and employee benefits, we offer our employees a competitive benefits package. One of our guiding principles of our global pay philosophy is to be market driven. This means that total pay is set and administered in alignment with the external labor markets in which we compete for talent. We use third-party market data to help ensure base salary and incentives are appropriately aligned.
      1.0
      Sep 3, 2024

      Reorgs shouldn't be the companies strategy for success

      Senior software engineer i
      Recommend
      CEO approval
      Business Outlook

      Pros

      Nice flexibility. Most coworkers are easy to work with.

      Cons

      Two reorgs in the first 8 months I've been with the company. A sure sign management doesn't know what they are doing when the only solution is to shuffle people around and hope it helps. A clear bias is shown towards Des Moines-local employees. My direct manager (or "leader" in Principal-speak) was completely clueless as to what it took to lead a team. I spoke with my leader's leader about it and was brushed off. People don't leave bad jobs, they leave bad leaders. For a company that specializes in benefits, requiring 3 years of employment before 401k matching is vested is lame.

      avatar
      Principal Financial Group Response
      1y
      Thank you for taking the time to write a review. We're invested in building the best possible experience for our employees, and seek to foster an innovative, inclusive, and collaborative culture. In that spirit we encourage you to visit the HR Service Center to provide your feedback.
      5.0
      Sep 2, 2024

      Software Developer

      Developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Beautiful Office, Free Cab Service, Free Parental Insurance

      Cons

      Few legacy projects are there

      Viewing 409 - 411 of 2,595 Reviews
      Related searches: Principal Financial Group jobs | Principal Financial Group salaries | Principal Financial Group benefits | Principal Financial Group interviews | Principal Financial Group conversations
      ReviewsPrincipal Financial Group reviews

      Glassdoor has 3,087 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.