Principal Financial Group Reviews

Updated April 23, 2015
147 reviews filtered by
  • Any Location
  • Any Job Title
  • Current Employees

147 Employee Reviews

Sort: Popular Rating Date
  1. Strong work life balance.

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

    I have been working at Principal Financial Group as an intern (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flexed hours. New workspace. Good compensation.

    Cons

    Disconnected hr from other departments.

  2. Principal is a good place to work.

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

    I have been working at Principal Financial Group as a contractor (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The pay is good, the benefits are great, the work place is nice and comfortable. They are in the process of renovating buildings so the environment is great.

    Cons

    The managers in the department that I work in are kept very busy and they can be difficult to find when you need them because of frequent meetings.

    Advice to Management

    Keep doing what you are doing

  3. Helpful (3)

    I am a good employee and they are making me look like I'm the worst employee

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

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

    No opinion of CEO
    No opinion of CEO

    Pros

    If you can handle the pressure and attacks the pay isn't bad

    Cons

    If they ask for your honest feedback and they don't like what they hear they will find a way to get you out. Their expectations for quality quantity for new employees is not realistic

    Advice to Management

    Stop having such controlling people and treat us like adults

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Great place to work

    • 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

    Pros

    Flexible with work life balance

    Cons

    Capped salary at a certain level, not much room to grow

  6. Helpful (2)

    Make sure you have great resources as a career agent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Financial Advisor in Tampa, FL
    Current Contractor - Financial Advisor in Tampa, FL

    I have been working at Principal Financial Group as a contractor (More than 3 years)

    Neutral Outlook
    Disapproves of CEO
    Neutral Outlook
    Disapproves of CEO

    Pros

    Very good product line and overall integrity of the company. Managers seem to care and want to offer support...especially if you are male! Office culture is good and everyone is friendly. As a company it is one of the best in the industry for range of products.

    Cons

    With a commission only job you need to have a very strong infrastructure of high end referrals and financial resources to fall on until you build the business. Be prepared to hire assistants and work extremely hard. The first years are expensive with memberships to associations, treating prospects to meals, marketing expenses, etc. Long hours and lots of frustration.

    Advice to Management

    Follow through with what you promise and be consistent. Provide tangible help to new agents with leads and prospecting resources.

  7. Fantastic company, people, management!

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The Principal Financial Group is a great company. Very well regarded in investment management globally and retirement services in the US and globally. Award winning company in IT, employer for women, diversity, innovation.

    Cons

    Opportunity to do challenging work here. fast paced.

  8. A company to launch a career

    • 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 (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Strong work/life balance
     - Ethical organization who strives to do business which aligns with their values
     - Multiple career paths which offer long term growth opportunities

    Cons

    - Career development primarily focused in Des Moines, Iowa.
     - Decisions may take time given the collaborative nature of the organization

  9. 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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

    Continue to communicate openly with employees. Much appreciated!

  10. 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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great values and business ethics

    Cons

    Not a whole lot of work life balance

  11. Helpful (3)

    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)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    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.

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.