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8th Annual Search for Companies with the Best Employee Benefits

Entries now accepted for The Principal 10 Best Companies for Employee Financial Security

(Des Moines, Iowa) — Helping employees feel financially secure in this rocky economic environment is a staggering challenge. The Principal Financial Group® believes companies that show a continuing commitment to their employees' financial security deserve to be recognized.

Once again they have that chance as the eighth annual search for The Principal® 10 Best Companies for Employee Financial Security begins. The program, sponsored by The Principal®, recognizes 10 growing companies (with five to 1,000 employees) that excel at helping employees ensure their financial futures.

An independent panel of renowned benefits experts selects the winners, who receive national recognition and acclaim as role models for other growing businesses. Judges will evaluate companies in the context of current market conditions.

"The Principal 10 Best judges recognize the turbulent economy is putting pressure on benefit programs like never before. They understand some companies are making thoughtful adjustments in their programs as a result," said Renee Schaaf, vice president, The Principal. "Judges are looking for companies who are responding to business conditions in ways that least impact the long term financial security of their work force."

Winning companies are featured in a nationally distributed best practices guide. They are able to use the recognition in their marketing and recruiting efforts.

"We were thrilled to be named to this prestigious list," said Connie L. Rank-Smith, vice president of Human Relations at Jewelers Mutual Insurance Company, winner The Principal 10 Best—2008. "To have an objective panel of judges commend our benefit program reinforces to our employees—and potential hires— that we are indeed an employer of choice."

How to enter

  • Nomination and entry forms are available at The Principal 10 Best Companies Web site
  • Companies are not required to be clients of The Principal
  • Deadline for entries is May 1, 2009
  • Winners will be announced in the fall of 2008

About The Principal 10 Best Companies Program

The Principal 10 Best Companies is a national program that recognizes small- and medium-size companies that excel at giving their employees a financial edge. Entries for the 2009 recognition will be accepted through May 1, 2009. For more information and profiles of the 2008 winners, visit The Principal 10 Best Companies Web site.

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 $287.4 billion in assets under management[2] and serves some 19.0 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.

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[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 September 30, 2008
Questions?

Call 515.246.4907 or see the full Media Relations contact list.

Call 515.246.4907 or see the full Media Relations contact list.

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