Principal Financial Group Reviews

Updated July 1, 2015
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157 Employee Reviews

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  1. Great first and last Internship

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

    Real Project Experience
    Encouraged to Learn
    Leaders including Dan Houston willing to meet with Interns

    Cons

    Lots of first time internships.

    Advice to Management

    Continue to invest in Interns as a source of new technology.


  2. Very tech driven

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

    As an IT Intern I got to work on real projects in many different fields. They also held an intern Code Jam (similar to a hackathon) where teams of interns competed to create the best web app. Overall great learning experience

    Cons

    For interns, it is difficult to get time to view other business units/positions. This would be helpful for young professionals who is not sure what they would like to do for a full time position.

    Advice to Management

    Keep up the good work but keep in mind after College it can be difficult to know exactly what career path an individual would like.


  3. Great group of people in the Nashville office

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Nashville, TN
    Current Employee - Financial Advisor in Nashville, TN

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    The manager is hands on and a true mentor

    Cons

    dealing with big company politics


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  5. Strong work life balance.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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.


  6. Helpful (1)

    Great learning experience and great people!

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

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

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

    Pros

    Casual wear, great PTO!, good benefits, most departments adhere to a flexible work policy.

    Cons

    Some departments remain very conservative, which is challenging when the rest of the company is so progressive!


  7. One of my best work experiences in my career.

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

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    This is a great company to work for! The compensation package is very good.

    Cons

    I can't find any cons on this company.


  8. Principal is a good place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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


  9. Helpful (3)

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

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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


  10. Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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


  11. Helpful (2)

    Make sure you have great resources as a career agent

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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.



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