REPRINTED WITH PERMISSION

December 13 , 2021

10-TIME

WINNER

MANAGERS WITH 1,000+ EMPLOYEES

THIRD PLACE

Principal Global Investors 

Headquarters: Des Moines, Iowa
AUM: $576.8 billion as of June 30  
Employees: 1,472

In their own words: 

“Our employees continue to appreciate the regular, transparent senior leader communication and continued flexibility as we continue to manage the pandemic challenges and opportunities. Our employees have successfully continued the important work of serving customers’ needs. We’ve seen employees stay focused and engaged despite the circumstances.”

 

3 cool things: 
     • Offers spot awards — project-based awards for employees who have done exemplary work in addition to their normal responsibilities, from $50 to $4,000. Determined by executive sponsors and project leaders in conjunction with specific employee leaders.
     • Provides a variety of resource tools to enhance financial wellness, with on-site financial education seminars and regular webcast training on budgeting, risk management, tax strategies, life insurance, investment education, retirement preparation and estate planning.
     • Maintains a wide range of global ERG (employee resource groups) with active participation at all levels of the organization; celebrates cultural holidays and provides ongoing diversity training via seminars and workshops.


Employees say:
     • “The company did a great job navigating (COVID-19) and keeping workers safe. Principal offers great working conditions for people and nice benefits (gym, day care, on-site food options).”
     • “I feel valued; I love that I can run into the CEO in Des Moines and he will say hello. I feel like it’s easy to network and a place that you can advance your career and be with the company for a long time.”
     • “There is an emphasis on learning and growing in your career. A constant conversation between employee and leader to discuss if we feel challenged, interests outside of current area, expectations and goals.”

READY TO READ: For a Summer Ready event with the Des Moines Public Library Foundation, Principal staffers donated books and wrote encouraging letters to local students.

Profiles written by Rick Baert, Erin Chan Ding, Suzanne Cosgrove, Julie Tatge and Trilbe Wynne.

Reprinted with permission from Pensions & Investments. © 2021 Crain Communications Inc. All rights reserved. Further duplication without permission is prohibited. Click here to read more about Pensions & Investments 2021 Best Places to Work in Money Management.