Employee benefits

Let our expertise round out yours.

You're sharing your expertise with us. As a leading provider of retirement solutions and employee benefits, we're happy to reciprocate. That starts with a broad selection of valuable benefits that protect your physical, mental, and financial well-being through all stages of life.

Benefit highlights*

Health and well-being

Medical, dental, and vision insurance with plan options to best fit your needs
Flexible spending accounts to save for health and dependent expenses
Onsite wellness center for Des Moines-area employees
Health club reimbursement for employees outside the Des Moines area
Employee assistance programs for 24/7 support

Financial security

401(k) plan including a company match of 75% of your contribution up to 8% of your pay
Company-paid cash balance pension plan
Income protection starting with company-paid life and disability insurance
Financial planning services through Principal
Discounts on Principal stock
Voluntary benefits, including pet insurance, legal insurance, critical illness insurance, accident insurance, and hospital indemnity insurance

Flexibility and time away

Flexible time off allowing employees to work with their leaders to plan time away
Eleven company holidays
Eight hours of paid volunteer time to all employees
Leave policies recognizing family, medical, personal, domestic partner, political, military, and bereavement needs
In-person, hybrid, and/or remote work arrangement, depending on position and location

Family support

Eight weeks of paid parental leave within 12 months of birth or adoption of a child—spouses and partners included
Onsite childcare and education available for Des Moines-area employees
Reimbursement for adoption costs

Career and development

As a Principal employee, you set the tone for your career. Put your ambition and curiosity to work with chances to explore different assignments, roles, and opportunities across our network.
Global mobility program. Gain new experiences through internal transfers and assignments. Global mentoring program. Make purposeful and meaningful connections to support your growth. Educational assistance program (after six months). Pursue educational opportunities; the company will reimburse eligible tuition costs up to $5,250 per calendar year. Onboarding and core job training. Experience ongoing role-specific training, including formal coursework, videos, and e-learning courses like LinkedIn Learnings.

* The benefits described on this page are generally available to regular full-time employees. Some benefits described in this overview are subject to plan enrollment. Additional terms, conditions, and eligibility requirements may apply. If you have any questions about the benefits as they pertain to the role you’re applying for, please reach out to your recruiter.

Principal^® is an Affirmative Action and Equal Opportunity Employer and an E-Verify participant. All qualified applicants will receive consideration for employment without regard to age, race, color, religion or religious creed, sex, gender, gender identity, gender expression, pregnancy, national origin, ancestry, citizenship status, mental or physical disability, medical condition, genetic information or characteristics, sexual orientation, marital status, domestic partner status, military status, protected veteran status, or any other characteristic protected by law. We also prohibit harassment on these bases.

Know your rights: Workplace discrimination is illegal (dol.gov)

If at any stage of the employment application process you need a reasonable accommodation due to a disability, contact Human Resources at MyHR@principal.com or 1.866.524.6947. Read our employment policies for more information.

Recruitment fraud is a scheme that offers fictitious job opportunities to people. This type of fraud is normally done through online services such as bogus websites, social media, or through unsolicited emails/SMS texts claiming to be from Principal or Principal employees. Only applicants who have filled out an official application on our career site (careers.principal.com) will be considered for employment opportunities. Principal will never ask for money during any stage of the employment application process. If you receive a communication (e.g., LinkedIn message, Facebook Messenger, SMS text, personal email, etc.) asking for money or personal financial information, don’t engage or respond. Please contact our Human Resources team at MyHR@principal.com or 1.866.524.6947, and your local law enforcement. For more information, review our recruitment fraud information.

You can find our U.S. workforce privacy notice here.

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