Collaborative group with generally flexible environment and nice benefits - Recensione dipendente - Investment Analyst presso Principal Financial Group

4,0
25 apr 2014
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Being a leading company in the area you are exposed to more to the Wall Street contacts. People are good to work with and it is a collaborative environment. Benefits can add up with employer match of 401(k) and discounted stock purchase program. Leaders are supportive of education and company pays for a limited portion on an annual basis.

Svantaggi

Promotions are limited in certain areas, and diversity is more important than performance. No defined benefit pension plan.

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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
4d
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
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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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