Lincoln Financial Group

  www.lfg.com
  www.lfg.com
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Lincoln Financial Group Reviews

Updated September 19, 2014
Updated September 19, 2014
194 Reviews
3.3
194 Reviews
Rating Trends

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Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
100 Ratings

Review Highlights

Pros
  • They do offer a good Work-Life Balance compared with other companies in the Financial Services Industry (in 23 reviews)

  • If you can hang onto this job then there are great benefits including tuition reimbursement which is very important (in 22 reviews)


Cons
  • Recognition of work life balance seems to be declining sharply (in 6 reviews)

  • Advancement opportunities are not given on basis of merit (in 4 reviews)

More Highlights

16 Employee Reviews Back to all reviews

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  1.  

    Good benefits, horrible employee treatment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Professional  in  Concord, NH
    Former Employee - Customer Service Professional in Concord, NH

    I worked at Lincoln Financial Group full-time for more than 3 years

    Pros

    Benefits are good. They offer a competitive 401k that matches up to 6% and contributes 4% without you doing anything (as of 2013). The health insurance is also inexpensive for 6 times your pay.

    Cons

    Most of the managers in customer service don't know how to manage properly, are too strict, and don't give you the proper tools to perform the daily job functions. Metrics are the main concern for them and anything outside of the scope of the optimal metric is counted against you.

    Advice to ManagementAdvice

    Customer service is the front line for your company. Treat them with the respect they deserve, pay them what they deserve, and provide the tools necessary for them to overcome every day obstacles.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    poor, unrewarding, mired in mediocrity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Benefit Specialist  in  Atlanta, GA
    Current Employee - Benefit Specialist in Atlanta, GA

    I have been working at Lincoln Financial Group full-time for more than 3 years

    Pros

    BENEFITS are no that bad

    Cons

    Management need to be replaced with competent. Personally know of two senior member of the management team who needed a calculator to add 30 and 60.

    Advice to ManagementAdvice

    seppuku

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    Stay away or get sucked in for life...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Omaha, NE
    Former Employee - Anonymous Employee in Omaha, NE

    I worked at Lincoln Financial Group full-time for more than a year

    Pros

    Benefits are actually pretty good and that's about the only positive thing I can say about this company.

    Cons

    Unless you are prepared to kiss management's butt, don't expect to advance at Lincoln. Management will intervene when you attempt to transfer to another department and you will be stuck in your current role...UNLESS you made friends with the right management. Current employees - ask your manager's about six box.

    Advice to ManagementAdvice

    Do away with current culture. The good ol boys attitudes need to disappear and promotions/success should be determined on the employee's skills and abilities; not who attends the most functions at a VP's house.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 2 people found this helpful  

    Good ol' boys club

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Group

    Pros

    Good health benefits , good 401k, cheap on sight parking

    Cons

    Very old systems and technology , very little career growth, no upper management or leadership team movement. very poor pay and career path for women, very political. Lots of turnover because of these things.

    Advice to ManagementAdvice

    It's 2014, time to change your old fashioned culture.

  6. 3 people found this helpful  

    Disconnected between leadership and its employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group

    Pros

    excellent benefits. The pay is OK but the other benefits go above and beyond.

    Cons

    it reminds me of a four-headed dog -- there is no clear strategic direction. And no one seems to agree on individual priorities. I've also seen a lot of poor behavior from from leaders - micromanagement, meanness... and it is allowed to go on for too long

    Advice to ManagementAdvice

    spend some time with folks more than one level down from you.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7. 2 people found this helpful  

    People are not valued.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - General Lawsuit Prevention  in  Greensboro, NC
    Current Employee - General Lawsuit Prevention in Greensboro, NC

    I have been working at Lincoln Financial Group as a contractor for more than a year

    Pros

    While the requirements for getting hired may be steep, incompetent people seem to do well here.

    Cons

    For a company that makes a killing in life insurance, they don't value people at all.

    Advice to ManagementAdvice

    Start over/burn it down/rebuild the culture completely. "One Lincoln" may seem like a nice slogan, but it's meaningless in it's current practice. It's also time to start investing in technology again.
    It's just a matter of time before before there's a data breach or the company gets pinched for using flimsy excuses for cancelling policies.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Do not give up your career to come here!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Group

    Pros

    401k match middle management is OK and just stuck in the middle of big egos from SVP's above them.

    Cons

    The HR department is a joke. The team is not innovative. They are mean to new people that start. Senior leadership is unwilling to give guidance they are more worried about their pay checks and how much money they make. The company is broken into different sections each area operating under their own guidelines. There is no standardization throughout the company. The culture is horrible. Advice DO NOT leave your company to come here you will be at a dead stop!

    Advice to ManagementAdvice

    Please fire your SVP's in HR especially ones that don't care about their teams. Micromanagement is not a good way to grow employees. None supportive self centered leadership is not a good way to cultivate your employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Time for a management change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Radnor, PA
    Former Employee - Anonymous Employee in Radnor, PA

    I worked at Lincoln Financial Group full-time

    Pros

    Talented, smart employees that care about their work

    Cons

    A true lack of vision and strategy. Unable to motivate employees.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Very disappointing HR department.

    Former Employee - Executive Assistant  in  Omaha, NE
    Former Employee - Executive Assistant in Omaha, NE

    I worked at Lincoln Financial Group full-time for less than a year

    Pros

    A good benefits package here.

    Cons

    No representation from HR in a personnel matter whatsoever.

  11. 2 people found this helpful  

    Abe Lincoln must be rolling over in his grave.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Professional (Prefer Not to Say More)  in  Fort Wayne, IN
    Current Employee - Professional (Prefer Not to Say More) in Fort Wayne, IN

    I have been working at Lincoln Financial Group full-time for more than 10 years

    Pros

    Excellent pay and benefits package including 401K

    Free continuing education in financial/insurance and tuition reimbursement.

    Fitness center

    Generous amounts of paid time off (especially for me since I have almost 20 years of service)

    Cons

    Understaffed and overworked. My manager should NEVER be allowed to manage people. A lot of bullying micromanagement, manipulation, and profanity. Current manager does not seem to keep confidential personnel information about fellow employees confidential.

    VERY outdated technology.

    The company's multicultural program is manic.

    The facility is outdated and shabby.

    Upper management is either oblivious to the actions of its managers or is deliberately looking the other way.

    Advice to ManagementAdvice

    Address the problem of rogue managers. They are a drain on productivity and you are losing valuable hardworking employees because of it.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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