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Principal Financial Group

Engaged employer

Principal Financial Group from the eyes of an intern - IT Intern Principal Financial Group Employee Review

5.0
6 Aug 2008
Recommend
CEO approval
Business outlook

Pros

Princiapl offers a very flexible work schedule, great people to work with, and a great environment to work in. People are there to help youif you need it, leave you alone if you don't, and they pay very well compared to compeitive intern positions I've seen. The work loads are reasonable, I have not heard anyone truly complain about their load or not having time or help to get it done. But there still is a push to be the best everyone can be and move as quickly as possible without wearing on people like some companies I've heard do.

Cons

I honestly have not run into any major issues that would make me not want to work here full time. The parking situation is my only gripe, but they are currently building a large parking garage across the street from the building I work in that I can probably end up in. As of now, they are busing people to and from a flat lot, which while they are making their best attempt to accomodate the employees, it still adds 20-30 minutes to your day, and you have to show up and leave by the bus schedule. Nothing in the office is a turn off for this job so far.

Explore other reviews about Principal Financial Group

5.0
28 May 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.

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Principal Financial Group Response
2d
We appreciate your feedback! Hearing that you felt supported reinforces what we're proud of—the strong community we've built together.
2.0
4 Jun 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.

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