Is Principal Financial Group a good company to work for as a Software Developer?

Software Developer professionals working at Principal Financial Group have rated their employer with 3.6 out of 5 stars in 207 Glassdoor reviews. This is a lower than average score with the overall rating of Principal Financial Group employees being 3.8 out of 5 stars. Search open Software Developer Jobs at Principal Financial Group now and start preparing for your job interview by browsing frequently asked Software Developer interview questions at Principal Financial Group .

Does Principal Financial Group pay Software Developer employees well?

Software Developer professionals rate their compensation and benefits at Principal Financial Group with 3.6 out of 5 stars based on 207 anonymously submitted employee reviews. This is 2.7% worse than the company average rating for salary and benefits. Find out more about Software Developer salaries at Principal Financial Group.

How happy are Software Developer professionals working at Principal Financial Group?

66% of Software Developer employees at Principal Financial Group would recommend their employer to a friend. This rating has increased by 4% in the past 12 months. Software Developer professionals have also rated Principal Financial Group with a 4.1 rating for work-life-balance, 4.0 rating for diversity and inclusion, 4.0 rating for culture and values and 3.6 rating for career opportunities.

What are the top reviewed jobs at Principal Financial Group?

Software Engineer (163) , Analyst (103) , Financial Advisor (53) , Data Engineer (48) , Senior Software Engineer (45) , Retirement Specialist (44) , Software Developer (42) , Intern (38) , Business Analyst (31) , Process Specialist (28) , Software Engineer(Internship) (25) , Associate Consultant (24) , Financial Analyst (24) , Client Service Associate (23) , Senior Analyst (22)

What are the pros of working at Principal Financial Group according to real employee reviews?

"Great benefits and the company overall is working to have the employees to be more antonymous." ((in 251 reviews)); "Very fulfilling work with great people" ((in 146 reviews)); "good pay and bonuses ." ((in 105 reviews)); "Good work culture and tech stack" ((in 88 reviews)); "providing jobs and good salaries" ((in 65 reviews))

What are the cons of working at Principal Financial Group according to real employee reviews?

"Management is poor at highest and mid levels" ((in 111 reviews)); "Most managers have next to no idea what an employee is doing and rely very heavily on surveys given to each team." ((in 44 reviews)); "There is no training and you are literally thrown into the fire and nobody helps you." ((in 39 reviews)); "Low pay, team politics, old boys network, nepotism(It’s very common for upper management have family working here, and they do get preferential treatment), some people don’t get promotions regardless of the experience and dedication, some managers don’t even make eye contact with the regular Joe unless you play golf." ((in 12 reviews)); "Senior management is not the brightest by any stretch of the imagination, and junior expressing any ambition to contribute beyond their role is immediatley squashed." ((in 12 reviews))

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Principal Financial Group

Principal Financial Group Software Developer reviews

3.6

66% would recommend to a friend

(207 total reviews)

Deanna Strable

80% approve of CEO

68% positive business outlook

Ratings by category

4.1

Work/Life balance

4.0

Culture & values

4.0

Diversity & inclusion

3.6

Compensation and benefits

3.6

Career opportunities

3.5

Senior management

Software Developer employees have rated Principal Financial Group with 3.6 out of 5 stars, based on 207 company reviews on Glassdoor. This indicates that most Software Developer professionals have a good working experience there. Principal Financial Group is rated in line with the average (within 1 standard deviation) by Software Developer professionals compared to other employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

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Reviews by job title

207 reviews

5.0

Mar 20, 2026

eXCExcelent

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Good Pay Good Benefits Good Office Good Culture Good Work Life Balance

Cons

Nothing Nothing Nothing Nothing Nothing

Principal Financial Group Response

3mo

Thank you for taking the time to write a thoughtful review! We appreciate your note; it’s so helpful and reaffirming for us as we strive to create the best possible experience for our employees.

2.0

Mar 14, 2026

Its ok for a stint

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Flexible, nice teammates, work can be a learning opportunity to grow skills.

Cons

Pay is subpar, management is opaque, find the right team otherwise you will start to ponder what on earth you're doing there, weird feedback system.

Principal Financial Group Response

4mo

We appreciate you taking the time to share your experience. Feedback like yours enables us to grow and get better.

4.0

Mar 11, 2026

Company feedback

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Work-life balance, flexible working hours

Cons

Low Appraisal, untimely promotions, doesn’t value employee

Viewing 10 - 12 of 207 Reviews

Jobs at Principal Financial Group

Senior Software Engineer I

AEM Forms BA & Developer

Austin, TX

View job

Senior Software Engineer II, Platform Modernization Technology Enablement

Senior Software Engineer II – Enterprise AI Consulting & Embedded Experts

Senior Software Engineer, Asset Management Digital Experience

Principal Financial Group reviews FAQs

Principal Financial Group reviews Principal Financial Group Software Developer reviews

Principal Financial Group

Principal Financial Group Software Developer reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

eXCExcelent

Its ok for a stint

Company feedback

Jobs at Principal Financial Group

Principal Financial Group reviews FAQs

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