There are newer employer reviews for Principal Financial Group

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

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  1. 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.

  2. Encouraging atmosphere

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

    I worked at Principal Financial Group as a contractor

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    The people are wonderful. Everyone on my team was always willing to help you out!

    Cons

    Thy pay (for a contract) was not as competitive as I had hoped (but still good).

There are newer employer reviews for Principal Financial Group

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