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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
      5.0
      Aug 6, 2008

      Principal Financial Group from the eyes of an intern

      It intern
      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.

      2.0
      Jun 17, 2008

      A great place for an on-the-job vacation.

      Investment analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Excellent benefit package, good work-life balance. Lots of vacation and sick time. Good retirement package. Low expectations sort of job. Friendly, easy going place to work. is is is is is is isi s is is is is is is is is is is is is is is is is is is i s is is is is is is i s -- Sorry, but they made me use 100 words and I had nothing more to say.

      Cons

      Lack of career opportunities in certain fields. Weak payscale. Not particularly ambitious when motivating employees. Work environment suited best to clerks and admin people, they don't treat professionals as well as higher-class firms.

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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.