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 208 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 208 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?

"Good benefits and documented processes" ((in 256 reviews)); "Very fulfilling work with great people" ((in 145 reviews)); "they have a good pay" ((in 101 reviews)); "Good work culture and processes" ((in 84 reviews)); "providing jobs and good salaries" ((in 62 reviews))

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

"3. Bad management infact they do not know to manage at all. 4. No employee importance." ((in 109 reviews)); "Most managers have next to no idea what an employee is doing and rely very heavily on surveys given to each team." ((in 45 reviews)); "There is no training and you are literally thrown into the fire and nobody helps you." ((in 42 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 11 reviews))

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Principal Financial Group

Principal Financial Group Software Developer reviews

3.6

66% would recommend to a friend

(208 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 208 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

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Reviews by job title

208 reviews

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

2.0

Mar 9, 2026

They don't promote remote workers

Software engineer

Recommend

CEO approval

Business Outlook

Pros

* Nice team members * Flexible work schedule

Cons

Growth and pay sucks. The CEO and upper management often have "townhalls" where they discuss employee concerns. Many times people bring up topics about low pay and guess what the answer was each time? "Leave if you want higher pay". They also do not promote remote workers to the senior level. Management keeps saying oh you need "this and that", despite doing exactly the "this and that" for 12-24+ months. The email that is sent out whenever there are promotions, only onsite local people get promoted to senior.

4.0

Feb 23, 2026

Decent Place to work, but there is better out there

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Remote possible but becoming less likely as everyone living near HQ has been hybrid since 2023.

Cons

Must work Central Time Hours. Company is beginning to consolidate into DSM area.

Principal Financial Group Response

4mo

We appreciate you sharing your perspective. We're dedicated to offering flexible work arrangements that honor both the importance employees place on flexibility and the benefits of in-person collaboration when possible.

Viewing 13 - 15 of 208 Reviews

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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

Company feedback

They don't promote remote workers

Decent Place to work, but there is better out there

Jobs at Principal Financial Group

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