Principal Financial Group Reviews | Glassdoor

Principal Financial Group Reviews

Updated August 1, 2017
330 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. "long term"

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

    I have been working at Principal Financial Group full-time (More than 10 years)

    Pros

    The benefits are appropriate for the financial industry

    Cons

    The compensation tends to be lower then the competition


  2. "Stable company keeping up with the market"

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

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

    Pros

    Great benefits that are always being reviewed. I constantly see how this company pays attention to what is happening in the tech industry and keeps it benefits and pay inline. They are competitive and offer a great culture to work in. They really care about their employees.
    While things change and they seem progressive some things are slower to come. Just because it isn't available now doesn't mean it won't in the next year or two.

    Cons

    Not all of the buildings and parking garages are connected so the winter walk to work or to and from meetings can be a bit tough.

  3. Helpful (4)

    "Managing Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director in Birmingham, AL
    Current Employee - Managing Director in Birmingham, AL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Great potential opportunity if they had a clue

    Cons

    Unrealized Potential because of incompetent home office leadership. Lack of resources and support. No vision for growth. No sense of competitiveness in the marketplace

    Advice to Management

    Fire the rest of the Principal Adviser Network Leadership team. They have no idea how to run a distribution system.


  4. "Good work life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at Principal Financial Group (Less than a year)

    Pros

    Great work life balance. Solid benefits package. Remote work opportunities.

    Cons

    No cons at this point


  5. "General Accountant"

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

    Pros

    Good Benefits, Flexiable with work schedule

    Cons

    Not a lot of advancement


  6. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Des Moines, IA
    Current Employee - Anonymous Employee in Des Moines, IA
    Recommends
    Positive Outlook

    I have been working at Principal Financial Group full-time

    Pros

    Ethical company that cares about it's customers, employees and shareholders

    Cons

    Salaries are lower than competitors


  7. "Good Company to work for"

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

    I have been working at Principal Financial Group (More than 10 years)

    Pros

    - Lot to learn in terms of domain

    Cons

    - Infrastructure is not that good

  8. "Great benefits, above average pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Overland Park, KS
    Current Employee - Anonymous Employee in Overland Park, KS
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Principal Financial Group full-time (More than a year)

    Pros

    Pension plan funded by Principal that is fully vested in only 3 years. Excellent benefits package and 401k match. Fair income for the work.

    Cons

    Leadership isn't strong in some locations. I would appreciate an improvement in that area.

    Advice to Management

    Respect your employees and support them in 4th quarter when it is the busiest time of year. Make sure the teams have all necessary resources.


  9. "Okay"

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

    Pros

    Good PTO and Benefits and work life balance

    Cons

    Pay is low and overtime is a lot


  10. "Good after Freshman summer Internship"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Approves of CEO

    Pros

    The people all care about your growth and they let you learn/work on whatever you want (as long as it is relevant to your position)

    Cons

    You are in Des Moines, which if you aren't from there can be hard


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