Bad management. Thankless job - Mitarbeiter (anonym) bei Principal Financial Group: Mitarbeiterbewertung

2.0
3. Mai 2020
Mitarbeiter (anonym)
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CEO-Befürwortung
Geschäftsprognose

Pros

Work from home, culture, coworkers

Kontras

Management is bad. If they don't like you for any reason they will micromanage you until you quit. Was personally picked apart by management-- that had nothing to do with the job. Got tired of it and left. Working at a much better company. Glad I left. Your experience here will depend entirely on your manager. I know people who have had great experiences here- but unfortunately for me I can't even drive by the place without feeling sick to my stomach about how terrible I feel like I was treated by my manager here.

Mehr Bewertungen zu Principal Financial Group entdecken

5.0
24. Juni 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

good FTO policy good opportunity for career development flexible work arrangements

Kontras

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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Reaktion von Principal Financial Group
2d
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. Juni 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

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

Kontras

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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Reaktion von Principal Financial Group
1w
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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