Veterans life insurance

Principal® Achieves 2023 Military Friendly® Employer Designation

* The award recognizes commitment to supporting meaningful career paths for veterans and military service members

DES MOINES, Iowa — Principal Financial Group® today announced that it has been awarded the 2023 Military Friendly® Employer designation. This designation recognizes the company’s efforts to create lasting and meaningful career paths for veterans and military service members, as well as its involvement in community outreach related to supporting veterans’ initiatives. Institutions that earn the Military Friendly® Employer designation are evaluated using public data sources and proprietary survey responses.

“As veterans or National Guard and reserve members join the principal, they bring invaluable professional training and skills. They understand the mission and help us achieve our goal,” said Miriam Lewis, Chief Inclusion Officer at Principal and wife of a veteran. “We invest in substantial hiring and retention programs for veterans and active duty members because it elevates our entire workforce when we can bring their unique perspectives to the workforce. work.”

About 4% of Principal®’s employee population voluntarily self-identify as veterans or active-duty military, and one of the many ways the company supports them is with its Veteran Employee Resource Group. (VERG) – an employee-led group with a mission to provide outreach, development and support to veterans and their families. There are over 300 VERG members who have led efforts such as: bringing cohorts through the Hiring Our Heroes program – which has resulted in full-time roles within the organization, hosting an annual veterans appreciation, donating over 100 laptops to veterans area, organizing a drive for clothing and hygiene items for distribution at a homeless veterans event, and placing flags on headstones in a veterans cemetery.

More than a thousand companies participated in the Military Friendly® 2023 survey. Final scores were determined by combining an organization’s survey score with an assessment of the organization’s ability to meet the thresholds for application, retention of new recruits, staff turnover, and promotion and advancement of veterans and military employees. The data-driven Military Friendly® lists and methodology can be found here.

Principal will be featured in the 2023 Military Friendly® Employer List in the December issue of GI Jobs® magazine and on MilitaryFriendly.com.

About Principal Financial Group®

Principal Financial Group® (Nasdaq: PFG) is a global financial company with 19,000 employees1 passionate about improving the wealth and well-being of people and businesses. In business for over 140 years, we help more than 55 million clients1 plan, protect, invest and retire, while working to support the communities where we operate and create a diverse and inclusive workforce. . Principal® is proud to be recognized as one of America’s 100 Most Sustainable Companies2, a member of the Bloomberg Gender Equality Index and a top 10 “Best Workplace in Financial Management3”. Learn more about Principal and our commitment to building a better future at principal.com.

1 As of September 30, 2022

2 Barrons, 2022

3 Pensions and investments, 2021

About Military Friendly® Employers

Military Friendly® is the standard that measures an organization’s commitment, effort and success in creating lasting and meaningful benefits for the military community. More than 1,700 organizations compete for the Military Friendly® designation each year. Military Friendly® ratings belong to Victory, Inc.a small business owned by disabled veterans.

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Principal®, Principal Financial Group® and Principal and the logotype are registered trademarks of Principal Financial Services, Inc.a Main financial group society, in United States and are trademarks and service marks of Principal Financial Services, Inc.in various countries around the world.

©2022 Principal Financial Services, Inc. Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®. Plan administration services provided by Principal Life. Principal Funds, Inc. is distributed by Master Fund Distributor, Inc. Securities and advisory services offered by Principal Securities, Inc.member SIPC and/or independent brokers/dealers. Listed companies are members of the Principal Financial Group®, Des Moines, Iowa 50392.

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