Principal Financial Group 489 Reviews | Glassdoor

Principal Financial Group Reviews

Updated March 23, 2017
489 reviews

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489 Employee Reviews

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

  • Work life balance is always at toss (in 8 reviews)

More Pros and Cons

  1. "Account coordinator"

    Star Star Star Star Star
    • 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

    Pros

    Very friendly staff to work with and everyone was extremely helpful. Nice location and work environment. Independent work environment. Must be a self starter.

    Cons

    Training was extremely contradictory to what was actually performed for job duties in the field. Communication was not be best with correct procedures.

    Advice to Management

    Streamline training processes and procedures to how the job is performed out in the field offices.


  2. "Good after Freshman summer Internship"

    Star Star Star Star Star
    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


  3. "review title"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in Des Moines, IA
    Former Employee - Software Developer in Des Moines, IA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    there was little to no pressure

    Cons

    The corporate office is in iowa


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


  5. "VP Regional Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Denver, CO
    Former Employee - Anonymous Employee in Denver, CO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Principal Financial Group full-time (More than 8 years)

    Pros

    Freedom to create your destiny. Flexible hours. Fabulous retirement package. Generous compensation package. Very much a boys club. Women are not looked highly upon.

    Cons

    Women are not looked highly upon. Women seemed to be hired to maintain a minimum. Very much a boys club. Very retirement package.


  6. Helpful (1)

    "Information Security Analyst - Senior"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Information Security Analyst - Senior in Des Moines, IA
    Current Employee - Information Security Analyst - Senior in Des Moines, IA
    Doesn't Recommend
    Negative Outlook

    I have been working at Principal Financial Group full-time (More than 5 years)

    Pros

    Flexible work environment
    Low pressure atmosphere

    Cons

    10 years behind the curve on security practices/view points
    Business puts low value on security
    Very low salaries for high demand skills
    Politics more important than skills for advanced promotions

    Advice to Management

    Move away from broad job classifications, salaries need to be commensurate with skill level AND market demand. The "benefits" you tout as differentiators are not.


  7. Helpful (1)

    "Long-time Employee"

    Star Star Star Star Star
    • 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 8 years)

    Pros

    Work/Life Balance
    Great co-workers and leaders

    Cons

    Pay tends to be below median

    Advice to Management

    Increase pay according to local job markets, not the national market. We're losing good people because they can make alot more elsewhere.


  8. "IT Intern"

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

    Pros

    Principal has a great work environment with great people working in it. And the renovated office spaces are very conducive for collaboration.

    Cons

    The atmosphere can change from department to department. I had a very open and collaborative team, but I know not all teams are that way. They are also a little slow in adopting agile.

    Advice to Management

    Keep challenging and engaging your employees. The internship provided a lot of opportunities to challenge interns to learn more and become better employees and people.


  9. "Review for Principal"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Very laid back work environment. I had almost no supervision as an intern which nice but they also did not give the interns enough work for the summer so there is a lot of free time.

    Cons

    They did not give enough work throughout the summer so it got pretty boring. It is also pretty uncompetitive.


  10. "Meeting Planner"

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

    Pros

    Best job! I loved working for this company. Great benefits!

    Cons

    Department manager should share same feelings about flex time and wellness time as the company culture offers.


  11. "Registered Representative"

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

    I have been working at Principal Financial Group full-time

    Pros

    The people are really good

    Cons

    Not a great amount of internal support



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