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:
“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
—Hortense Odlum (1892–?)
“You can’t have operations without screams. Pain and the knife—they’re inseparable.”
—Jean Scott Rogers. Robert Day. Mr. Blount (Frank Pettingell)