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2 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 for 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

Other Reviews for Principal Financial Group

  1.  

    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 for 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
  2.  

    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 for 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
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