Des Moines is enjoying a power grab. - Recensione dipendente - Senior Analyst presso Principal Financial Group

1,0
19 mag 2019
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Principal is from Des Moines, IOWA in the United States. If you like to work from Des Moines Principal could be a good employer for you. The unwritten rule seems to be Des Moines take care of Des Moines. There is a wave of centralisation going on that brings more power to Des Moines based employees.

Svantaggi

If you are working for Principal Global Investors outside of Des Moines, you run a high risk of being marginalised at the moment. Des Moines is likely not going to listen to you and perhaps not threat you very nice. The business is not growing and cost cuts will likely fall on the people working outside of Des Moines. It is what it is....

Esplora altre recensioni su Principal Financial Group

5,0
28 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

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.

Svantaggi

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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Risposta di Principal Financial Group
3d
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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.

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