Principal Financial Group Reviews | Glassdoor

Principal Financial Group Reviews

Updated April 25, 2017
501 reviews

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501 Employee Reviews

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Pros
Cons
  • slow advancements unless you move to Des Moines (in 29 reviews)

  • Wish it was easier to work from home or if there were more locations around Des Moines to work from (in 8 reviews)

More Pros and Cons

  1. "Positive Work Environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Salt Lake City, UT
    Former Employee - Anonymous Employee in Salt Lake City, UT

    I worked at Principal Financial Group full-time (More than 10 years)

    Pros

    The expectations were aggressive, yet realistic and attainable. Great management. Never dreaded going to work.

    Cons

    They made a business decision to exit the medical insurance business which is why I am no longer working there.


  2. Helpful (1)

    "Asst Mgr Dental Claims"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Principal Financial Group full-time

    Pros

    fast paced environment, nice work force

    Cons

    worked for a micromanager and she may as well done everyones job

    Advice to Management

    get rid of these type of people they drag you down in the work force


  3. Helpful (1)

    "Processing specialist 1"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Process Specialist in Cedar Falls, IA
    Current Employee - Process Specialist in Cedar Falls, IA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Principal Financial Group full-time (More than 8 years)

    Pros

    Profit sharing plan provided and stock purchase at a discount

    Cons

    Cedar falls/waterloo management philosphy is the close door policy. They just manage by numbers and don t consider people's value to this position or location.They do not know how ro handle the bullying so they ignore it.

    Advice to Management

    Recognize employees add value to this location


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  5. Helpful (1)

    "Financial Advisor"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Principal Financial Group full-time

    Pros

    Great Management and Marketing Team

    Cons

    No draw, No resources to make it while you are trying to build book of business

    Advice to Management

    To talk with upper management on creating a salary for 1st year advisors


  6. "Good Work Culture"

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

    I worked at Principal Financial Group full-time

    Pros

    Free Transport Facility
    Good work life balance
    Overtime allowance
    Subsidized food

    Cons

    No Career growth
    More variable pay in total compensation


  7. "Attorney"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Principal Financial Group full-time

    Pros

    Employees are allowed to grow and develop to their own skill levels

    Cons

    Large; can be bureaucratic at times


  8. "Welcoming"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Principal Financial Group full-time

    Pros

    Very welcoming co workers and lots of benefits

    Cons

    Feel kinda rushed to get everything done


  9. Helpful (1)

    "Internal Sales Specialist"

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

    Pros

    Great work environment and colleagues.

    Cons

    Do not feel challenged in my current role.


  10. "An average company to work with"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Pune (India)
    Current Employee - Analyst in Pune (India)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Captive company, job security, good for people not interested in personal growth

    Cons

    Unpaid overtime even on weekends, low salary package, poor management, no work-life balance

    Advice to Management

    We expect better managerial decisions


  11. "Asset management for 7 years"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Asset Manager in Des Moines, IA
    Former Employee - Asset Manager in Des Moines, IA
    Recommends
    Approves of CEO

    I worked at Principal Financial Group full-time (More than 5 years)

    Pros

    Benefits, 401k, great people and leadership

    Cons

    Work life balance and political environment


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