Business Operations
The company is composed of six business units: 'International Operations','Retirement & Investments', 'Global Asset Management', 'Insurance', 'Wellness', and 'Banking'.
The company has been named one of the Fortune 100 best companies to work for during the past seven consecutive years (2003–2009), along with other awards:
- AARP’s Best Employers for Workers Over 50 (2001–2006)
- Top 50 Companies for Executive Women (March 2011)
- 100 Best Places to Work in IT (2009)
- Named among Working Mother magazine's 100 Best Companies for Working Mothers.(September 2010)
- Ranked 33rd in Top 500 Most Innovative Users of Information Technology (2009)
The company employs roughly 9,000 people in Des Moines, Iowa, and owns and operates several buildings in the downtown area. The tallest, known as 801 Grand, is 45 stories tall (192m/630 ft), and houses many other companies in addition to The Principal. The top two floors are home to the Des Moines offices of the legal firm Dorsey and Whitney.
As of March 30, 2011, The Principal employed 12,900 employees worldwide.
Read more about this topic: Principal Financial Group
Famous quotes containing the words business and/or operations:
“all the arts lose virtue
Against the essential reality
Of creatures going about their business among the equally
Earnest elements of nature.”
—Robinson Jeffers (1887–1962)
“A sociosphere of contact, control, persuasion and dissuasion, of exhibitions of inhibitions in massive or homeopathic doses...: this is obscenity. All structures turned inside out and exhibited, all operations rendered visible. In America this goes all the way from the bewildering network of aerial telephone and electric wires ... to the concrete multiplication of all the bodily functions in the home, the litany of ingredients on the tiniest can of food, the exhibition of income or IQ.”
—Jean Baudrillard (b. 1929)