Best Places to Work in IT 2016 Employer Profile

No. 16, Large

Principal Financial Group

Des Moines, Iowa [North Central]
Principal Financial Group

Why you want to work there

This Des Moines-based financial services provider encourages IT workers at all levels to develop and promote good ideas. That's exemplified by the "IT Changineers," a small band of IT professionals who embrace the maxim "Be the change you wish to see" and seize on development opportunities. Principal's IT department has adopted agile methodologies to fuel innovation and promote experimentation. The company is transforming its work environment to support that innovation ideology, creating space that enhances employee flexibility and mobility and optimizes communication, collaboration and connectivity.

Employee Statistics

Total U.S.-based employees: 10,006

Total U.S.-based IT employees: 1,858

IT employee turnover in 2015: 5%

IT promotions in 2015: 9%


Training days offered per IT employee in 2015: No set maximum

Training budget per IT employee in 2015: $646

PTO and Healthcare

Days of paid time off after one year of service: 26

Days of paid time off after 10 years of service: 29

Percentage of employee health insurance premium paid by employer: 80%