Corporate job with benefits and nice work environment
Investment Specialist (Former Employee) – Des Moines, IA – February 13, 2019
I enjoyed working at the Principal Financial Group for 10 years. I bounced around a couple different roles and some areas are better than others. Principal has really embraced the work/life balance model in recent years by getting rid of PTO and replacing it with FTO. Collaborating with other employees was the most enjoyable part of the job, as well as the amenities such as a gym, food services, and upgraded technology. The workplace culture is great; however, recent morale may be going downhill as there have been many job cuts in the last 6 months since Financials are hurting.
IT Analyst (Former Employee) – IA – December 24, 2018
There is no joy when working for this company. You can not contradict the opinions of your leader or you will be punished for it. Up to and including termination. I was walked out 13 days before Christmas for no reason.
Technical Scrum Master/(Team Leader) (Current Employee) – Des Moines, IA – December 23, 2018
As much as Principal tries to be a "hip" place to work at, it is certainly still a corporate environment. Depending on which department you end up, will determine who much flexibility you have. Overall, still a decent place to work at.
Leader (Current Employee) – United States – November 13, 2018
In my opinion, this company is one of the best when it comes to helping someone start their own business in Financial Services and build it to a point that it is a retirement asset. They really do care about the advisors AND their clients.
Financial Advisor (Former Employee) – West Des Moines, IA – November 12, 2018
In an advisor role, you have a very flexible work environment because you are essentially your own boss. Principal provides a nice array or resources in this model that will help you close business. They also provide a Statutory Employee structure which allows a W2 benefit model. This helps reduce tax liabilities for the self employed.
Good flexibility and sales resources
Not much financial runway when starting a new career.
Claims Analyst (Former Employee) – Des Moines, IA – October 23, 2018
Great benefits, Lot of PTO working like a rat in a wheel clean environment if you like to do the same thing day in and day out this is for you with limited advancement but overall decent for what it is
clean work environment, pension, good food, decent pay and benefits
managers depending on department, limited advancement even though they say this is a big thing it is not, small cubicles, dressing up to Impress NO ONE ( hopefully this has changed)
Princor Specialist (Former Employee) – Des Moines, IA – October 14, 2018
I worked for Principal for a very long time and have been gone for fourteen years. During my time, I thoroughly enjoyed meeting and working with a lot of different people from lots of different cultures and nationalities. I found that to be a real privilege for me. The management people that I worked for strived to be fair.
New Manager from Voya came in and completely ruined the company culture.
Marketing Associate (Current Employee) – Des Moines, IA – October 9, 2018
New Manager from Voya came in and completely ruined the company culture. He was rude and did not have any clue on how to properly manage a team let alone himself. He was late, he was rude, he was belittling and continually checks up on female coworkers social media accounts for his own pleasure.
New Business Associate (Former Employee) – Des Moines, IA – May 29, 2018
The team I was on was great until I met the manager. She seemed nice at the start but than something changed and no matter what I could do nothing seemed right in her eyes. There was just a lot of things going unnoticed and when I brought things to her attention nothing was getting done.