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Principal Financial Group

Engaged employer

Principal global services- a trap - Business Analyst Principal Financial Group Employee Review

1.0
23 Oct 2015
Recommend
CEO approval
Business outlook

Pros

Elongated lunch and snack breaks Salary offered looks good on paper

Cons

They say flexi working hours. Really ??one needs to stay in office until 7:30 even with no work. If you wish to leave early someday you have to mail everybody , inform the manager personally and what not. In terms of work, there is nothing like a domain. They say it's insurance but it's nothing more than sales and service of insurance. Working on outdated technologies US counterparts treat PGS counterparts with little or no respect. There may be exceptions though. The managers are bunch of idiots who know nothing except for keeping on eye on their teams in terms of where they go, who they talk to, who is spending more time in cafeteria and the list is endless. PGS has degraded a million times in last few years. With pathetic management, HR policies, they do nothing but spoil your career All prospective candidates should consider all this apart from their salary which looks flowery in the beginning.

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
3d
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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