The Principal Financial Group Once Again Named to LATINA Style 50
September 15, 2008 (Des Moines, IA) —The Principal Financial Group® has once again been named one of the “50 Best Companies for Latinas to Work For in the U.S.” by LATINA Style magazine. The Principal® has been included on the prestigious list each of the eleven years it has been published.
“We are honored every year The Principal is recognized by LATINA Style for our commitment to creating an environment that appreciates everyone's unique experiences, background, talents and qualities,” said Ralph Eucher, senior vice president of Human Resources at the Principal Financial Group. “A diverse organization allows us to serve our employees, clients and shareholders in the best possible way, and certainly gives us an edge in the global marketplace.”
The Principal offers many popular diversity programs, including the Hispanic/Latino Employee Resource Group, which serves as a support group and network to help employees tackle a variety of business and cultural issues, interests and/or concerns. This includes assisting the efforts of The Principal in servicing the financial needs of an increasingly diverse market, as well as helping the company attract and retain diverse talent. Women make up 85 percent of the Hispanic/Latino Employee Resource Group at The Principal.
The Principal Financial Group, headquartered in Des Moines, Iowa, employs more than 13,700 people from across the U.S. and 16,400 world-wide.
About LATINA Style “50 Best Companies”
Now in its eleventh year, the LATINA Style 50 annual survey evaluates corporate America's sensitivity to Latinas' needs and goals in the workplace and identifies those corporations that are providing the best career opportunities for Latinas in the U.S. With more than 1,000 companies surveyed each year, it is the most respected survey of corporate America's policies and practices as they pertain to professional Hispanic women.
Companies responding to LATINA Style's questionnaire are evaluated based on issues that LATINA Style readers identify as most important to them in the workplace. Among the principal areas of evaluation are: number of Latina executives, mentoring programs, Latina board members, educational opportunities, alternative work policies, dependent/child care support, employee benefits, women's issues, job retraining, affinity groups and Hispanic relations.
The LATINA Style 50 list was revealed in the August 2008 issue of the magazine. On Feb. 5, 2009, all companies making the list will be recognized at the eleventh LATINA Style 50 Awards Ceremony and Diversity Leaders Conference in Washington, D.C.
About the Principal Financial Group
The Principal Financial Group® (The Principal ®)1 is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $304.2 billion in assets under management2 and serves some 18.8 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.
1) "The Principal Financial Group" and “The Principal” are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
2) As of June 30, 2008
