employer cover photo
employer logo
employer logo

Principal Financial Group

Engaged employer

Old Management and Less opportunities - Associate Consultant Principal Financial Group Employee Review

2.0
Jun 27, 2015
Recommend
CEO approval
Business outlook

Pros

-Work life balance is something you can find in PGS India -Cab services is good. Don't have much to share about this company.

Cons

- Management is very old thought - they keep on taunting for what you wearing. -People there more focused towards other people life and day to day home activities instead of work. That's really funny - Are you here for gossip it was shocking for me. -Selection procedure is worst, they take 4 rounds of interview and select GEM, but when that GEM joins company he will find very less quality work of his level. Company is still growing in India even after 8 years of completion. -According to Policy, we cant share our rating and hike which we get on annual basis..Good Rating people gets less paid and other gets better hike on the name of NORMALIZATION ?? Are you really serious ? Very Demotivating Environment. -PGS is work under Home Office and its clearly visible that HO people dont trust much on Indian teams. so we usually get Labor work and good work was always taken by HO Teams. - Lack of Trust to Indian Teams. -I think Management should make environment free for youngsters - Freshers feels very suffocated in between old people of PGS -They are very narrow minded. -History says that PGS started with 6 to 7 People and now these people became managers and seniors management in 8 years which doesn't brings quality in system instead less qualified people at higher level make system more inefficient. PGS need to think from different perspective.. They need to recruit good management students and people from outside who can give you more detail enhancement in system.

Explore other reviews about Principal Financial Group

5.0
May 28, 2026
Recommend
CEO approval
Business outlook

Pros

Three years in and still LOVE it. Great leadership. Work-like balance. Principal invests in their employees with training and professional development. It's very telling when literally thousands of employees have been there for 20-25-30+ years.

Cons

First time in a large company. Sometimes it is tricky to find the right internal partner to get the answer you need.

avatar
Principal Financial Group Response
2w
We appreciate your feedback! Hearing that you felt supported reinforces what we're proud of—the strong community we've built together.
2.0
Jun 4, 2026
Recommend
CEO approval
Business outlook

Pros

Decent work life balance and benefits. Principal offers a pension which is unheard of in today’s age.

Cons

Pay is below average and Principal does not offer inflation raises. Once you hit the midpoint of your salary, you will get a 0% raise until you’re promoted, which will take multiple years regardless of performance. Performance reviews are vague and often used against employees to avoid promotions. At least in my department, I’ve yet to see any of the remote workers be promoted. This is starting to affect attrition and we’re already starting to see people leaving. It’s well known at this point that the best way to get promoted is to leave Principal and get rehired, which even leadership has stated publicly. This is a huge frustration and blow to morale, as it starts to feel like employees need to compete against their co-workers for raises.

1
avatar
Principal Financial Group Response
1w
We appreciate you sharing your feedback. As a leader in retirement solutions and employee benefits, we strive to provide our employees with a competitive benefits package. Our global pay philosophy is guided by market-driven principles. and we leverage third-party market data to ensure our base salary and incentives remain appropriately competitive.
See reviews by: Helpful|Rating|Date|All