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      Principal Financial Group

      Engaged Employer

      Principal Financial Group reviews

      3.8

      72% would recommend to a friend

      (2,587 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 2,587 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).

      Reviews by job title

      3K reviews
      3.0
      Aug 11, 2010

      Good place to work if you don't mind no recognition for the work you do.

      Qa analyst iii
      Recommend
      CEO approval
      Business Outlook

      Pros

      Work/life balance is great Flexible work weeks Telecommuniting Benefits are good

      Cons

      Low pay for level of work expected Little to no recognition for above average work Promotions not a all based on job requirements, but on time in company, not time in the discipline. IT department is very unorganized and does not follow procedures. Organizational structure is constantaly changing.

      2.0
      Jul 29, 2010

      Wanting to keep the 'local' (read: parochial) in 'global' investments

      Investment analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Generally friendly people, many hard-working, strong emphasis on work-life balance, some (not many) legacy benefits, family friendly and low cost of living Midwest environment

      Cons

      Largely weak senior mgmt team, seriously damaged investment performance, US/Midwest view of investing, uninspiring pay, benefits progressively downgraded, passive-aggressive culture. Marked deterioration in quality of PFG's CEO is a liability for PGI, esp since he decidedly would prefer to keep PGI on a leash.

      3.0
      Jun 24, 2010

      Good place to start a career but advancement opportunities end quickly.

      It analyst senior
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flexible work schedules for non call center employees. Flat organizational structure in IT gives everyone a voice. Benefits have been recently cut but would still rate them as slightly above average. The people you work with are generally smart, nice, and fun to work with. On site fitness centers.

      Cons

      Flat organizational structure in IT limits advancement opportunities at a point just below management level. At that point, your career becomes a job. Heavy process in some IT units limits productivity. In some areas a lot of red tape needs to be cut to get things done. There are priority committees for the priority committees that then need to talk to priority committees at the organization level. Salary is below average in the Des Moines market. Company tries to make up for it wih flexible schedules and offerring a good work/life balance . However, if you spend your time working on dashboard projects you may find it hard to maintain a work/life blance.

      Viewing 2545 - 2547 of 2,587 Reviews
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      ReviewsPrincipal Financial Group reviews

      Glassdoor has 3,078 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.