Principal Financial Group
3.9 out of 5 stars.
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Principal Financial Group Employee Reviews

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3.8Work-Life Balance

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Used to have a great culture

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Principal used to have a great culture where you felt you mattered and you were appreciated. That has slowly eroded to the point where you feel like just an 'asset' or a number. It used to be a great place to work but now it's just a job.
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1 star

What is the best part of working at the company?I did not have a good experience. What is the most stressful part about working at the company?I didn't feel I could make suggestions for improvement.What is the work environment and culture like at the company?Employees didn't feel valued.What is a typical day like for you at the company?Intense and stressful
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Disorganized Company

Great pay, but the job is so boring I don’t know if it’s worth it sometimes. Sometimes I feel like I’m in a dead end job. Principal does not take care of their good employees
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Ridiculous Expectations

Ridiculous Expectations. Each software engineer needs to have the equivalent skill set of an entire team so the pay is not really not that great considering their expectations, regardless of your role or level. Plus they keep cutting benefits. The "culture" and commitment to work-life balance is just marketing.
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Amazing WLB, easy job

Pros:- Friendly culture- People take FTO seriously and Fridays are basically always off- They're working to improve the tech stack in certain derpartments- Stable job since they're bleeding top talent- PensionCons:- Pay is way below market average- 8% 401k match- Slow, outdated tech- Low raises
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Great place to learn about investing and benefit events. Advance your career.

Great support and ecouragment to work remote. excellent pay and benefits. Great culture and encourages growth and development of their employees. Ie. outside training and growth with CFP or other designations

Pros

Remote
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Outrageous expectations in a short time

I was one of the those picked up from Wells Fargo when the business was sold to Principal. The job itself is such that someone would need at least 2 years of training/development to get up to a decent level and we were given 5 weeks of extremely accelerated training and expected to be up to speed within months, which is my I and nearly everyone I went there with in my unit has since left the company. I'm sure other divisions of the company are better but this one for me was terrible.

Pros

Nice facilities, decent benefits

Cons

Far too high expectations, clueless management who didn't know how to do the work themselves, not nearly enough help available to learn our jobs.
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Solid company. Has nothing to say bad

Amazing people, amazing leaders, amazing benefit. Nothing bad to say. Leaders are promising. The management is very employee friendly. They have gym.

Pros

Everything is a plus

Cons

None
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Good company

I've worked at principal 12 years and I'm happy with where I am. There can be some issues based on the department you work in. It can have a need for a lot of overtime in both processing and service side.
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Mala dirección

Aprendí que a las personas no se les debe discriminar y mal tratar

Pros

Marca global

Cons

cultura
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Great Company and Outstanding Culture

Principal is a fantastic company to intern at. The culture is incredibly open, and as an intern, you have the unheard-of benefit of having facetime with senior leaders, including c-level executives! The projects you can take on is actually exciting work; even as an intern, you're able to create value and impact. There is an excellent support system, and the mentorship is second to none. Work styles differ by team; my team, in particular, centered around several "challenge statements" that I could go ahead and tackle myself. Compensation is around the middle of the pack, from my experience. I had a high $20's hourly rate and housing stipend. It should be noted that the intern cohort is pretty big, and there wasn't a ton of programming/events outside of work; meeting other interns is on your own for the most part.
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Great place to work

The job is what you put into it. If you care and want to learn you’ll have management ready to give you the resources needed to be successful. Also, upper management isn’t rigid. Everyone’s ready to grow and learn.
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Unrealistic expectations

Unrealistic expectations in all roles and all levels. Decent pay but not great . Benefits were ok, but they get cut all the time. Don't plan to have a career but it might be a good stepping stone to another company
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Great People Different things to do

Great People always something different to do, some long hours during peek time. Tuition reimbursement was good working downtown was very nice and weekends off
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Unattainable

Workload is out of control, not enough training, poor management. Would not recommend this role. Other roles in the company are better. Would not suggest this to someone as their "get in the door" job. Suggest Processing Specialist I.
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Fast paced environment

They don't give you enough training to do the job you are expected to do and once training is done they send you out to take calls and after training is done you get Quality Review meetings & scores on your calls. what you learn in training gets totally changed once you start taking calls & you feel very overwhelmed and completely un-trained. Pay is good but a lot of turn over - people leaving due to being mis lead as to the job description provided to you in the interview. You are expected to hit a certain quota for the length of your calls which is a ridiculously low amount of time that is impossible to attain. It's very difficult to get any time off for anything you need time off for & if you choose to take the time off anyway that isn't approved you get an occurrence and your only allowed a total of 4 occurrences & they don't fall off for 6 months from the date of when you call in.

Pros

Great pay

Cons

hard to get restroom breaks and any time off needs
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Productive, great mangement

Remote position for New Business area, great pay and management was very caring and friendly. Took calls and help clients do medical Application for life and disability insurance. Lots of ways to grow with Principal. Training is great!
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pesimo ambiente, lideres malos

trabaje para un broker y fue realmente pesimo, los biometricos no servian y no pagan

Pros

ninguno

Cons

todas
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Buena empresa

Lo de tu los vales es muy buenoNo hay que ir a oficina

Pros

Disponibilidad de tiempo

Cons

Comisiones condicionadas.
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Ambiente de trabajo ameno y tranquilo.

Excelente lugar para ganar experiencia como vendedor.

Pros

Salario y comisiones.

Cons

Ingreso fluctuante.
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Productive environment that allows employees to thrive

Great place to work with great leadeaship. Great work / life balance. The upper management is well vested in the efforts to make employees happy at the daily work they undertake
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Overall rating

Based on 655 reviews

Ratings by category

3.8 out of 5 stars for Work/Life Balance
3.8 out of 5 stars for Salary/Benefits
3.4 out of 5 stars for Job Security/Advancement
3.4 out of 5 stars for Management
3.7 out of 5 stars for Culture
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