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Principal Financial Group

Engaged employer

Principal Financial Group Reviews

3.8

72% would recommend to a friend

(2,579 total reviews)
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Deanna Strable

82% approve of CEO

68% positive business outlook

Principal Financial Group has an employee rating of 3.8 out of 5 stars, based on 2,579 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Principal Financial Group employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

3K reviews
1.0
11 Jan 2025

Worst Culture by New India Head

Recommend
CEO approval
Business outlook

Pros

Free Cab service is there

Cons

1. Absolute Bad management. New india head is turning company from Product company to Call center company. 2. No employee importance at all. Empathy word is removed from the PGS dictionary. 3. No Growth for senior leaders. 4. Top leaders are CA background and adamant folks. They don't understand software delivery and unfairly treat teams and leaders. 5. Organisations had great people centric culture before but new india head has destroyed it. No wonder this PGS will see all time low performance in coming year. 6. Instead of promoting Internal leaders who are with company from 15 20 years; external lateral hiring is done. 7. India head stopped organisation’s annual function itself gives a very strong indication of mindset. 8. From 2025 they also installed monitoring tools on employee laptop which makes them micromanaging organisations.

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Principal Financial Group Response
1y
Thank you for sharing your feedback. PGS believes in transparent leadership and all actions and decisions are taken with the consensus of global business leaders. We encourage you to reach to your PGS business leader to clarify any questions or concerns you may have. If there is anything else you’d like to share, you can anonymously report through the Ethics Hotline (1-866-858-4433) or the Unethical or Fraudulent Activity Reporting form: https://secure.ethicspoint.com/domain/media/en/gui/54514/index.html.
2.0
7 Feb 2025

New VP is terrible

Recommend
CEO approval
Business outlook

Pros

A few Leaders, work like balance.

Cons

Moving into a poor culture, not an IT company more like a BPO now.

avatar
Principal Financial Group Response
1y
Thank you for sharing your feedback. PGS believes in transparent leadership and all actions and decisions are taken with the consensus of global business leaders. We encourage you to reach to your PGS business leader to clarify any questions or concerns you may have. If there is anything else you’d like to share, you can anonymously report through the Ethics Hotline (1-866-858-4433) or the Unethical or Fraudulent Activity Reporting form: https://secure.ethicspoint.com/domain/media/en/gui/54514/index.html.
1.0
16 Sept 2017

Worst experience of micro management

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

1.You get car parking 2. One hour lunch time and ample of space to take a walk 3. You get people to talk about others achievement and failure. so time is passed very fast. 4. Good time to learn managing resources by asking them what they were doing every hour. 5. Team party at local restaurants. You will sometime love the food.

Cons

No work from home. No facility to connect from home. Only 4 national holiday Less leaves Too much of micromanagement. Most of them have 5 plus years of stay there so very insecure if an outsider with good knowledge joins. Working hours fix and no flexibility. If you pick your bag 20 minutes before then many people will watch you and complain about you. I left this company in 8 months after too much of frustration within myself. My manager tried to extend my notice ,reason being I took 2 days leave as my wife delivered a baby. Inhuman micro management. Some HR has got attitude and they are governed by technical mangers to ill treat employee. All the work handled by Onsite team..less work to learn. Lots of gyan by management with less output.

Viewing 1 - 3 of 2,579 Reviews

Glassdoor has 3,068 Principal Financial Group reviews submitted anonymously by Principal Financial Group employees. Read employee reviews and ratings on Glassdoor to decide if Principal Financial Group is right for you.