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Annual Search Begins for Companies with the Best Employee Benefits

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

February 1, 2010 (Des Moines, IA) - Providing a sense of financial security for employees whether the economy is in a downturn or recovery takes an extraordinary commitment. The Principal Financial Group® believes companies that maintain that commitment deserve to be celebrated.

Once again they have that chance as the ninth annual search for The Principal® 10 Best Companies for Employee Financial Security begins today.

The program, sponsored by The Principal®, recognizes 10 growing companies (with five to 1,000 employees) that excel at helping employees build their financial futures through benefits programs.

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 economic realities.

"The Principal 10 Best Companies judges recognize the tremendous challenges facing companies as they adjust to and, in some cases, rebuild from the economic crisis," said Luke Vandermillen, vice president, The Principal. "Judges are looking for employers who demonstrate that the long-term financial security of their work force is a priority."

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

"It was an honor to be named to this distinguished list," said Jim Harrington, vice president of human resources, Synaptics Inc, winner The Principal 10 Best - 2009. "To have an objective panel of experts validate and extol our benefit program reinforces to our employees - and potential hires - that we are a great place to work."

How to enter

  • Nomination and entry forms are available at www.principal.com/10best
  • Companies are not required to be clients of The Principal
  • Deadline for entries is April 30, 2010
  • Winners will be announced in the fall of 2010

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 2010 recognition will be accepted through April 30, 2010. For more information, visit www.principal.com/10best. Profiles of the 2009 winners are available at www.principal.com/10best.

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 $280.4 billion in assets under management[2] and serves some 18.6 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, 2009.
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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