Principal Financial Group

www.principal.com
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There are newer employer reviews for Principal Financial Group

2 people found this helpful  

Company touts values that are not seen in the day to day culture

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

I worked at Principal Financial Group full-time (more than 8 years)

Pros

Good to place to work for women in IT. They ensure a high percentage of women leadership. Total compensation package is good.

Cons

Integrity of upper management and leaders in departments is suspect. Career advancement and Salary is too dependent on cronyism and favorites. Low performance is tolerated and hard work is not necessarily rewarded.

Advice to ManagementAdvice

Be open and honest. Practice what you preach.

Recommends
Positive Outlook
Approves of CEO

221 Other Employee Reviews for Principal Financial Group (View Most Recent)

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  1. 2 people found this helpful  

    NEVER AGAIN

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Individual Investor Specialist II in Grand Island, NE
    Former Employee - Individual Investor Specialist II in Grand Island, NE

    I worked at Principal Financial Group full-time (more than 3 years)

    Pros

    The pay was competitive for the area.

    Cons

    It was hard to be recognized as a valuable employee. When you're one among hundreds of call center reps you just become a small person in a big crowd. It never felt like management actually cared about you as an employee - only your call handling time, soft sale numbers, and pitches for other products mattered. There was no support for our teams during the largest recession in recent history. We dealt with unhappy customers, folks losing their jobs, trying to cash out their retirement plans just to make ends meet..it was depressing and management couldn't or wouldn't recognize the effort the ee's went through.

    Advice to ManagementAdvice

    We're more than machines. Treat us with respect and dignity.

    Doesn't Recommend
    No opinion of CEO
  2. 2 people found this helpful  

    Caring local folks goals which quickly became unbelievable.

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

    I worked at Principal Financial Group full-time

    Pros

    Freedom within job to excel, great home office staff.

    Cons

    doubling already high goals each year was crazy.

    Advice to ManagementAdvice

    Look at who the sales managers are and how they treat their people.

    Approves of CEO
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