Principal Financial Group Reviews

Updated 5 Mar 2021

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4.1
85%
Recommend to a Friend
95%
Approve of CEO
Principal Financial Group President and Chief Executive Officer Daniel J. Houston  (no image)
Daniel J. Houston
347 Ratings
Pros
  • "Amazing work life balance in Principal(in 214 reviews)

  • "Great benefits package including on-site health club at most Des Moines locations(in 71 reviews)

Cons
  • "The campus is great, but I don't want to live in Des Moines(in 36 reviews)

  • "No onsite opportunities for 95% of employees(in 20 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. "Great place to work !"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    Current Employee - Tech Lead in Pune
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Principal Financial Group full-time for more than a year

    Pros

    1. Great platform to learn new technologies 2. Work life balance 3. Financial stability

    Cons

    No con as of now

  2. "Good"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Developer in Pune
    Recommends
    Positive Outlook

    I have been working at Principal Financial Group full-time for less than a year

    Pros

    Very good infrastructure Workable environment Good peoplet

    Cons

    Cafeteria food is bad Initially a bit more tensed job


  3. "Great work culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Developer in Pune
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Principal Financial Group full-time for more than a year

    Pros

    Provides opportunities to work on a number of technologies. Attentive and nurturing managers. Being an old organization, they know how to manage any situation.

    Cons

    Salary is a bit low, but if you work well, the gap can be mended in no time.

  4. "Employee oriented"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in Pune
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Principal Financial Group full-time for more than 5 years

    Pros

    Fixed shift No work pressure, do your fix work

    Cons

    Limited growth Admin work more than financial services

  5. "One of the best companies"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Technical Lead in Pune
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Principal Financial Group full-time for more than 3 years

    Pros

    Culture is very open. Best benefits. Good technology domains

    Cons

    Late progressions in some projects

  6. "Career"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Analyst in Pune
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Principal Financial Group full-time for less than a year

    Pros

    Salary is.a good Benefits are also good

    Cons

    Work fresher is high Not manageable

  7. "Strong foundation unfortunately spiralling down with eroding core values"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Principal Financial Group full-time for more than 10 years

    Pros

    Long history and strong foundation. Culture has been a strength. Humane values were upheld. (Most of these are past, unfortunately).

    Cons

    New top leadership has high ambition (positive) for which they are compromising on core values and the very strengths that defined the organization. Vision has become narrowly defined in terms of dollars while culture, values, diversity, social responsibilities are increasingly only on paper. Worst part, even voices that pint these out are being cut off. Too many of the senior leaders that were the pillars of the culture have left in the last couple of years. Those that have come in over the last 2-3 years or promoted to the top leadership position are shallow. Global thinking is missing at the top. Thought leadership is no longer a strength. A yes-man culture is rising as dissent is ruthlessly cut off. Even manipulation, malpractices have started to ensure this. Moral turpitude is very unfortunate to see in an organization where such things were never imaginable. Respect for top leadership has taken a severe hit.

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  8. "Great"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Trainee Analyst 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Principal Financial Group full-time for less than a year

    Pros

    Great work culture, awesome seniors

    Cons

    A bit slow paced work

  9. "Good work wise"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Developer in Pune
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Principal Financial Group full-time for more than 3 years

    Pros

    * Good working environment, good people.

    Cons

    .Nothing as cons for now.

  10. "Great Co but poor India Leadership"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Pune
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Principal Financial Group full-time for more than a year

    Pros

    Good Opp for internal progression from ITeS to other roles in IT or AI or BA

    Cons

    Worst India leadership team ever I have come across

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