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Training Magazine Salutes the Principal Financial Group for Giving Employees an Edge

Named 73 on Training Magazine's Top 125 List

(Des Moines, Iowa) — Excellent employer-sponsored training and development programs have landed the Principal Financial Group® at 73 on Training magazine's Top 125 list for the third consecutive year.

“Investing in our employees is part of the fabric of The Principal and we take it very seriously. The average amount of training an employee receives each year is 44 hours.” said Gary Walljasper, assistant vice president of Organizational Development, The Principal. “Nurturing talents and making development a priority is what gives our employees and customers alike an edge.”

The Principal was specifically cited for its annual Development Weeks. Filled with formal presentations, informal activities and networking opportunities, Development Weeks activities draw in nearly 4,000 employees. Sessions help employees focus on creating actionable, individualized development plans that can be implemented throughout the year.

Training magazine determines the Top 125 companies based on multiple benchmarking statistics such as number of training hours per employee program; leadership development; total training budget; hours of training per employee annually; and detailed formal programs.

To read what Training magazine had to say about The Principal and to see the full list of the Top 125, go to www.trainingmag.com.

About Training

Training magazine is the leading business publication for learning and development and HR professionals. It has been the ultimate resource for innovative learning and development—in print, in person, and online—over the last 30 years. Training magazine and Training magazine Events are produced by Nielsen Business Media, a part of The Nielsen Company, a global information and media company. For information, please visit, www.nielsen.com.

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.

[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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