Principal Financial Group Reviews | Glassdoor.ca

Principal Financial Group Reviews

Updated 24 March, 2019
688 reviews

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3.8
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Daniel J. Houston
190 Ratings

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Pros
Cons
  • "Des Moines is not the most exciting city to have an internship in" (in 34 reviews)

  • "Micro management, work life balance issues" (in 11 reviews)

More Pros and Cons

  1. "Great place to work. They care about their employees."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing
    Former Employee - Marketing
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    They care about their employees, they are flexible, they help you balance work and life.

    Cons

    Hard to get back in, they sometimes are too structured.

    Advice to Management

    Focus on bringing back the Health employees who apply! It's hard to get back in.


  2. "My experience with principal is good."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Pune (India)
    Current Employee - Analyst in Pune (India)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Work environment, IJP is easy to move yourself from one to other team.

    Cons

    Less opportunity for promotion in one team.

    Advice to Management

    Upper management as like politics

  3. "Senior Actuarial Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Principal Financial Group full-time

    Pros

    Salary is quite really competitive

    Cons

    Poor is work life balance


  4. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Pune (India)
    Current Employee - Anonymous Employee in Pune (India)

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

    Pros

    Work life balance
    Free cab
    Overtime allowance
    Employee oriented company

    Cons

    Old technologies
    Legacy applications
    Cafeteria food is not good


  5. "Best company I’ve worked for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Elk Grove, CA (US)
    Current Employee - Financial Advisor in Elk Grove, CA (US)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great company. They value work and personal life balance.

    Cons

    Bad medical benefits. Only offer 3 companies. High deductible plans. Vision and Dental plans are great.

    Advice to Management

    Upgrade benefits. kaiser would be nice


  6. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Principal Financial Group full-time

    Pros

    Strong Benefits and flexibility are strong

    Cons

    Technology is improving compared to prior years


  7. "Okay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst in Des Moines, IA (US)
    Current Employee - Data Analyst in Des Moines, IA (US)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Work life balance is encouraged

    Cons

    Low pay compared to other companies doing the same job

    Advice to Management

    Pay for performance not to be fair to others

  8. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant in Des Moines, IA (US)
    Current Employee - Fund Accountant in Des Moines, IA (US)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Excellent benefits, pay is above average for cost of living, good leadership, healthy/flexible work environment

    Cons

    Communication from leadership, Company vision/direction


  9. "Tough place to get started."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in San Francisco, CA (US)
    Former Employee - Financial Advisor in San Francisco, CA (US)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Good people and management cares.

    Cons

    It goes to full commission fast and the pay out on life insurance is lower than average if you do not make the higher tiers. Very hard to make ends meet.

    Advice to Management

    The first few years need to pay higher commissions on core products.


  10. Helpful (1)

    "Good people, good benefits, great campus, kind of boring"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Operations Consultant in Des Moines, IA (US)
    Former Employee - Senior Business Operations Consultant in Des Moines, IA (US)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great culture of nice people. Take good care of employees including great benefits and flexibility. Seemed very ethical. Great fitness facilities.

    Cons

    Pretty deep roots in traditions and lots of tenure. Makes for a slow moving environment and lots of very established processes that are hard to change. Not always a bad thing but can be frustrating.

    Advice to Management

    None