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Principal Financial Group

Engaged employer

Principal Financial, they'll give you an edge. - Commercial Mortgage Servicer Principal Financial Group Employee Review

4.0
14 Aug 2008
Recommend
CEO approval
Business outlook

Pros

Flexibile scheduling and development training. The company allows you to flex your schedule to the max. Work 10 hours some days so you can take a half day. You can work at home. It's amazing. The company also provides a variety of benefits not avaialbe at all companies. You can work out on your lunch hour, take breaks at the High Street Retreat (game location) or spend time looking at the various art work on corporate campus. Additionally, for those with children, the company just opened up a child development center for employees (though not subsidized by the company). Many opportunities to move throughout the company.

Cons

Very similar "corporate" red tape. Members of management do not provide details when needed. However, they do provide small group meetings, which they tend to be more open and direct. The opportunities in the company tend to be more horizontal instead of vertical.

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 June 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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