Principal Financial Group - Company touts values that are not seen in the day to day culture | Glassdoor
There are newer employer reviews for Principal Financial Group
There are newer employer reviews for Principal Financial Group

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Helpful (3)

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

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - IT Applications Analyst Senior in Des Moines, IA
Former Employee - IT Applications Analyst Senior in Des Moines, IA
Recommends
Positive Outlook
Approves of CEO

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 Management

Be open and honest. Practice what you preach.

Other Employee Reviews for Principal Financial Group

  1. Helpful (2)

    "Great career balance and competitive total compensation"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Des Moines, IA
    Current Employee - Financial Analyst in Des Moines, IA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The Principal is a force in the community of Des Moines which provides a lot of advantages to the employees. Individual managers have a lot of discretion on HR policies within their team which creates a very comfortable environment with a great work life balance.

    Cons

    While base salaries may be slightly below national averages you will see for similar positions, the total compensation package and overall benefits definitely make up for it.


  2. Helpful (4)

    "NEVER AGAIN"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Individual Investor Specialist II in Grand Island, NE
    Former Employee - Individual Investor Specialist II in Grand Island, NE
    Doesn't Recommend
    No opinion of CEO

    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 Management

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

There are newer employer reviews for Principal Financial Group
There are newer employer reviews for Principal Financial Group

See Most Recent

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