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The Principal Financial Group Once Again Deemed A "Best Place to Work" by IDG's Computerworld

Company recognized for Information Technology for the ninth consecutive year

June 21, 2010 (Des Moines, IA) - Marking the ninth year in a row, the Principal Financial Group® was named as a 2010 Best Place to Work in Information Technology by IDG’s Computerworld magazine. The company ranks 49th on the list.     

“The Principal is pleased to continue its streak of being recognized as a top place to work for IT professionals on Computerworld’s prestigious list,” said Gary Scholten, senior vice president and chief information officer of The Principal®. “Technology creates tremendous value for our businesses, which makes it critical for The Principal to attract and retain the best and brightest group of IT professionals as our use of technology continues to rapidly evolve.”

The Principal was specifically noted for its ability as an organization to provide its IT staff a stimulating environment while providing great benefits and flexibility, including: flexible work programs, compressed workweeks, job-sharing programs and telecommuting.

“To be among the Best Places to Work in IT, it’s not enough just to seek out and hire the most talented IT people, offer them competitive pay and provide great benefits,” said Scot Finnie, editor in chief of Computerworld. “The organizations that made this year’s Best Places to Work list sustain a dynamic work environment in which IT professionals keep their hands on the latest technologies and work on projects that are business critical.”

Since 1994, Computerworld’s annual “Best Places to Work in IT” feature has ranked the top 100 work environments for technology professionals, based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention.

About Computerworld

Computerworld is the leading source of technology news and information for IT influencers worldwide, providing peer perspective, IT leadership and business results. Computerworld’s award-winning Web site (www.computerworld.com), bi-weekly publication, focused conference series and custom research forms the hub of the world’s largest (40+ editions) global IT media network. Computerworld is published by IDG Enterprise, a subsidiary of International Data Group (IDG), the world’s leading media, events, and research company. Company information is available at www.idgenterprise.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 $293.4 billion in assets under management[2] and serves some 18.7 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 March 31, 2010.
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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