Principal Financial Group

www.principal.com
Employer Engaged

138 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Great flexibility and culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Des Moines, IA
    Current Employee - Anonymous Employee in Des Moines, IA

    I have been working at Principal Financial Group full-time (more than 10 years)

    Pros

    Flexibility in schedule, where we work, how work gets done. Flexibility is not only offered, but also encouraged! Co-workers, benefits and pay are great. Ethics/doing the right thing is a focus of this company. Love that we have PTO since it's so much easier to manage.

    Cons

    Parking is a little ways away since we're located in downtown Des Moines.

    Advice to ManagementAdvice

    Continue to communicate openly with employees. Much appreciated!

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Principal Financial Group full-time

    Pros

    Great values and business ethics

    Cons

    Not a whole lot of work life balance

    Recommends
    Positive Outlook
    Approves of CEO
  3. 3 people found this helpful  

    Not for "go getters"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Principal Financial Group full-time (more than 10 years)

    Pros

    IT Specific: Some parts of the company are surely "OK". However, you may spend 20 years trying to find that area that fits you. It is nice being downtown with access to the skywalks. Generally, nobody tries to micromanage you.

    Cons

    IT Specific: If you can do lots of things, don't bother here. They want people to be "siloed" and focus on your one tiny piece. Then you can fight the layers upon layers of nonsense to get any little thing done. There are so many redundant groups full of way too many people. The company is not nimble, and they have meetings upon meetings over discussing how things should be done.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great company, great training and great products

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Representative in Downers Grove, IL
    Current Employee - Financial Services Representative in Downers Grove, IL

    I have been working at Principal Financial Group full-time (more than a year)

    Pros

    Great company, great training and great products

    Cons

    100% commission after training period

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful  

    Great career balance and competitive total compensation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in Des Moines, IA
    Current Employee - Financial Analyst in Des Moines, IA

    I have been working at Principal Financial Group full-time (more than 3 years)

    Pros

    The Principal is a force in the community of Des Moines which provides a lot of advantages to the employees. Individual managers have a lot of discretion on HR policies within their team which creates a very comfortable environment with a great work life balance.

    Cons

    While base salaries may be slightly below national averages you will see for similar positions, the total compensation package and overall benefits definitely make up for it.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Applications Associate - Lead in Des Moines, IA
    Current Employee - IT Applications Associate - Lead in Des Moines, IA

    I have been working at Principal Financial Group full-time (more than 5 years)

    Pros

    Flexible schedule, talented work force, work-life balance, very good culture.

    Cons

    Hard to get noticed. Work place politic. Not a lot of opportunities within the company. Compensation is fair but not great.

    Advice to ManagementAdvice

    Listen to the employees. The company needs to adapt and innovate to stay ahead of the competition.

    Recommends
    Positive Outlook
  8.  

    Financial Accountant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Accountant I in Des Moines, IA
    Current Employee - Financial Accountant I in Des Moines, IA

    I have been working at Principal Financial Group full-time (more than a year)

    Pros

    Retirement Benefits and the flexibility

    Cons

    Long path to meaningful work

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    S0-so score at best

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Representative in San Diego, CA
    Current Employee - Financial Services Representative in San Diego, CA

    I have been working at Principal Financial Group full-time (more than a year)

    Pros

    - Flexibility
    - 'nice' company
    - reputable name

    Cons

    - Typical insurance sales 'trickery'
    - no leads provided
    - dog-eat-dog atmosphere

    Advice to ManagementAdvice

    Please stop trying to sell to-be reps on anything but the fact this is a INSURANCE sales roll. Period.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Des Moines, IA
    Current Employee - Business Analyst in Des Moines, IA

    I have been working at Principal Financial Group full-time (more than 3 years)

    Pros

    The work/life balance is good

    Cons

    More communication from senior management

  11.  

    Opportunity is there, but you have to make it happen for yourself.

    Current Employee - Registered Representative in Lombard, IL
    Current Employee - Registered Representative in Lombard, IL

    I have been working at Principal Financial Group full-time (more than a year)

    Pros

    Great training program, access to all the raw materials you need to be successful. Tom is very supportive and approachable.

    Cons

    You must have a plan! If you don't have a specific area of focus, you will be on a path to nowhere in a hurry.

    Advice to ManagementAdvice

    Senior agents need to look at the mentor role as more than a money grabbing opportunity.

    Recommends
    No opinion of CEO

Principal Financial Group Photos

Work at Principal Financial Group? Share Your Experiences

Principal Financial Group

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.