A workplace with mixed employment experiences - Recensione dipendente - Process Leader presso Principal Financial Group

1,0
31 mar 2017
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

*Free Transportation *Food Subsity *Good for women safety *Amongst best payers in terms of allowances

Svantaggi

*Old and Outdated Technologies used *Hard to find workers with their stale skill requirements *There are no mandatory certification required for Promotion etc so most of the times people get promoted without earning the knowledge. *Managers talk mostly on negative points during individual meetings. *RIS-ITES department has been doing 22 hours of Overtime every month from past 2 years. *There are lesser acknowledgement for hard work. *Management tends to reward people who act like news-reporter and tell them things related to 'who's talking what about manager'. *HR department act like dummy, barely a time I can remember when HR worked with authority. *Skip meetings are discussed openly with Leaders/Managers with clear information on who said what etc...

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5,0
24 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

good FTO policy good opportunity for career development flexible work arrangements

Svantaggi

health insurance sucks - United annual reviews- everything's made up and the points don't matter more and more pressure to be in-office despite team members being remote

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Risposta di Principal Financial Group
1w
Thank you for taking the time to provide this feedback. Your input is valuable as we work to improve as an employer.
2,0
4 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Decent work life balance and benefits. Principal offers a pension which is unheard of in today’s age.

Svantaggi

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.

1
avatar
Risposta di Principal Financial Group
2w
We appreciate you sharing your feedback. As a leader in retirement solutions and employee benefits, we strive to provide our employees with a competitive benefits package. Our global pay philosophy is guided by market-driven principles. and we leverage third-party market data to ensure our base salary and incentives remain appropriately competitive.
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