Principal Financial Group Reviews

Updated July 28, 2015
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240 Employee Reviews

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  1. Principal Global Services

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Java/J2EE Developer in Pune (India)
    Current Employee - Senior Java/J2EE Developer in Pune (India)

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Its very cool company with good salary.

    Cons

    This is very good company for long term.

    Advice to Management

    Need improvement in HR Process.


  2. Recommend for work-life balance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Pune (India)
    Current Employee - Anonymous Employee in Pune (India)

    I have been working at Principal Financial Group

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    no work from home no aggressive timeline good for beginers

    Cons

    Management keep on changing directions not much to learn

    Advice to Management

    Policies should be better defined


  3. Helpful (1)

    Associate Consultant

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

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

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

    Pros

    Good company to work for.

    Cons

    For growth one would need to be involved in extra affairs of the company

    Advice to Management

    Create growth opportunities.


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


  5. review

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Principal Financial Group full-time

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Good work and life balance

    Cons

    Not good management and policies


  6. work culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Pune (India)
    Current Employee - Consultant in Pune (India)

    I have been working at Principal Financial Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Good perks Almost 100 % variable

    Cons

    Limited Growth Opportunity No Onsite Opportunity


  7. Helpful (1)

    Very good corporate culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Manager in Iowa City, IA
    Current Employee - Sales Manager in Iowa City, 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

    Great benefits, work /life balance, very good people , improving facilities, solid products and services, good reputation and pay, global presence

    Cons

    Not as easy to move up/across jobs as it should be, too much beurocracy and group think, doesn't do enough to retain top talent


  8. Helpful (1)

    Old technologies to deal with rigid policies.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in Pune (Brazil)
    Former Employee - Senior Software Engineer in Pune (Brazil)

    I worked at Principal Financial Group (More than a year)

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

    Pros

    Free cab facility. Employee stock option

    Cons

    Way higher variable pay. Pune office is cost cutting center, hence piece of work that US people reject to do is typically delegated to Pune office Talent is not at all appreciated, rather discouraged


  9. Helpful (1)

    Really a bad place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Pune (India)
    Current Employee - Associate in Pune (India)

    I have been working at Principal Financial Group

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Not a single. Since i joined not a single day i felt not leaving this company, And just because it is a column named Pros i don't have to write something good .

    Cons

    1. Not good people. 2.Controlled Environment , you manager will decide when you will go for tea or lunch or break. 3. Worst policies. if you fall sick and take a leave informing your manager on the same day you fell sick, be prepare for salary deduction. Yes you need to plan when you are going to be sick before taking leave else bad rating and cut on variable pay. 4. No learning, just clerical and data entry work. 5. Unnecessary overtime and no returns or perks for that.

    Advice to Management

    Above mentioned points 2 and 3. please read and understand what are you guys doing. And if you are in effective to make any change.


  10. Financial Rep

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

    I worked at Principal Financial Group

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Flexible schedule, good products, back office support very helpful

    Cons

    No training, promise one thing and then change once you come on board

    Advice to Management

    Watch the district and regional managers to ensure they are helping the office become successful instead of them worrying about themselves more.


  11. Great ten years generally happy

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

    I worked at Principal Financial Group

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

    Pros

    Great retirement benefits especially 401k

    Cons

    Poor middle management, need to train them better

    Advice to Management

    Train and oversee them



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