Legal & General Group
3.2 of 5 19 reviews
www.legalandgeneralgroup.com London, United Kingdom 5000+ Employees

Legal & General Group Reviews

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3.2 19 reviews

                             

64% Approve of the CEO

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Tim Breedon

(11 ratings)

71% of employees recommend this company to a friend
12 Employee Reviews Back to all reviews
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Great opportunity

Anonymous Employee (Current Employee)
Frederick, MD

I have been working at Legal & General Group full-time for more than 3 years

Prosbeautiful building, indoor gym, great pay, personal space, you can get certification at your own pace with no pressure.

ConsDifficult to move to a different department if you want to move up in the company or even make a change. Training is highly lacking. Some departments have DOS systems and you work using function keys and black/green screens. Supervisors are not all certified ! but they can run a department? Employees know more than the supervisors and are certified.

Advice to Senior ManagementPay for better computer systems instead of ice cream days. Have the managers take all the LOMA classes for there job and get certified.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Fixed Term Contracts is a one way win.

Finance Manager (Current Employee)
London, England (UK)

I have been working at Legal & General Group full-time for more than a year

ProsFriendly atmosphere with extra curricular activity such as charity work, running and cake baking.

ConsHR advertises the job as perm and then changes it after the interview.

Working hours discriminated against woman with out children. Expecting them to work longer than those with.

Advice to Senior ManagementLots of expensive grade 7's that don't do much except network well and keep in with their "friends". They look after number one.

– I'm optimistic about the outlook for this company

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Great experience great people and culture

Analyst (Current Employee)
London, England (UK)

I have been working at Legal & General Group as an intern for less than a year

ProsHuge company, good culture, helpful people

Conscant think of anything now

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good place to work - but can be frustrating.

Senior Manager (Current Employee)

I have been working at Legal & General Group full-time for more than 5 years

ProsGood people, generally good atmosphere, good customer culture. Work life balance is pretty good - people are not expected to work long hours. Benefits package is generous.

ConsFrustratingly slow decision making. Recent change in CEO means change in direction and strategy that is not clear. Some areas are under-resourced.

Advice to Senior ManagementPick a strategy, stick with it, communicate it clearly and listen to your employees feedback. Upgrade IT systems.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good benefits, but disappointing recognition of development

Anonymous Employee (Current Employee)
Birmingham, England (UK)

I have been working at Legal & General Group full-time for more than a year

ProsGood benefits and opportunities/encouragement to develop/cross-train.

ConsLittle room for progression, particularly within one's own department or team. Similarly, although bonus is related to job performance, base salary doesn't reflect performance, knowledge, skills or development. Once you start on a salary, you're pretty much stuck with it unless you manage to get a promotion and step up a grade.

Yes, I would recommend this company to a friend

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1 person found this helpful  

Run by beancounters

Anonymous Employee (Current Employee)
Kingswood, South East England, England (UK)

I have been working at Legal & General Group

ProsNot expected to work over your contracted hours
Benefits towards the top end - enhanced maternity pay
Most people get on well with each other
Probably much better in a business unit rather than Group
Swimming Pool

ConsLow salaries - kingswood is not in Central London, but still need London wages to tempt those from London to work there.
High levels of poorly managed out-sourcing
Silo business structure with no joined up thinking
Very antiquated IT systems, some originating from the 1960s!
Not progressive
Parts of HR have been out-sourced
Can only park in the car park 4 out of 5 days per week - need to nominate a no park day
Seen by management to be a 'lifestyle' choice to work there meaning we don't pay you much and don't expect long working hours or any chances of promotion.
PCs with floppy disk drives!! - No real investment in IT infrastructure
Still on MS office 2000 for most staff
Very slow processes. Some processes are just there to justify the hierarchical management structure.

Advice to Senior ManagementOn paper it may look that out-sourced services to TCS have saved money. However, the reality is that very little has been achieved by them for the money that has been spent. Rather than looking at the overall cost of providing services you really need to look at outcomes as well. TCS may charge 1/2 that of a UK out-sourced provider, but with fixed budgets it means they have delivered 1/2 of what they should have as they take much longer to complete jobs than UK based out-sourced companies.
Take a real look at some of the most innovative companies out there and try to emulate them. Rather than out-sourcing work, create projects to solve specific business problems that will be managed in house. Use more UK workers rather than Indian born ones from TCS.

No, I would not recommend this company to a friend

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Too much change in structure

Business Analyst (Current Employee)
London, England (UK)

I have been working at Legal & General Group

ProsPeople, work ethic, location, training

ConsPay Promotion Politics Old systems Resistance to change

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For the flexibility it provides, you may be sacrificing higher aspirations

Finance Manager (Current Employee)
City of London, England (UK)

I have been working at Legal & General Group

Pros- Friendly family-based culture;
- Sports facilities;
- Work-life balance;
- Multiple sites - Central London, Greater London; Home counties

Cons- Professionally skewed to Actuaries more than general management, Finance or Accountants;
- Development relies more on yourself than HR framework (Who you know rather than what you know, somewhat);
-

Advice to Senior Management- More investment in underlying systems and processes required - some reporting processes are prone to break-down and have key-man dependencies;
- Need to move away from a more traditional insurance company mindset to more modern financial institution mind-set;
- Still a very UK localised company with all major rivals having 'significant' International presence - Capital buffer should be used to diversify internationally - not just for presence but becoming a major player in some international market
- Become a more International/Global brand than a mere UK one after 175 years.

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Slowness of organisation to react & lack of investment in people make this a place to move on from when times are better

Anonymous Employee (Current Employee)
London, England (UK)

I have been working at Legal & General Group

ProsStable working hours and family friendly environment to work

ConsA good deal of rhetoric around change and advancement, however little real opportunity to do so.
Work projects show little variation, to advance the employee.
Quiet office and sporadic attempts by senior management to promote an atmosphere / sociability.

Advice to Senior ManagementRenumerate staff better and provide a better structure for advancement.Without this staff wil continue to leave.

No, I would not recommend this company to a friend

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The environment is generally collegial though I would not describe it as having a high achievement culture.

Fixed-Income Analyst (Current Employee)
City of London, England (UK)

I have been working at Legal & General Group

ProsCompany enjoys a good reputation in the UK market.
Large AuM (>£300 billion)

ConsThe culture is passive and a lot of inertia to bring about progress and change.
They do not invest much into staff - whether it be financially or career development.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Legal & General Group reviews and ratings — including employee satisfaction and approval rating for Legal & General Group CEO Tim Breedon. All 12 reviews posted anonymously by Legal & General Group employees.