Lincoln Financial Group

  www.lfg.com
  www.lfg.com

Lincoln Financial Group Reviews

Updated November 30, 2014
Updated November 30, 2014
214 Reviews
3.4
214 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
111 Ratings

Review Highlights

Pros
  • Work life balance is excellent in some departments and completely non-existent in others (in 25 reviews)

  • not much I can think of but a great benefits package (in 22 reviews)


Cons
  • The organization preaches work life balance but that's not true (in 8 reviews)

  • not enough room for advancement (in 3 reviews)

More Highlights

30 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Duh which way did he go George?

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

    I worked at Lincoln Financial Group full-time (more than an year)

    Pros

    Good pay and benefits
    Easy commute

    Cons

    Group protection is doomed due to stupid management. Ever had a manager that thought she was too good to manage you? Welcome to LFG.

    Also in Omaha, it is called group protection. They are owned by LFG but not really part of it. The corporate people hate us as we are costing them money. Don't look at the LNC stock and use that determine LFG in Omaha is doing good, that is simply not the case. Earnings are down 60% and continue to drop.

    Leadership is non existent and here are some seriously unprofessional employees and without good management no way to address it.

    Put it this way, I know a couple crazies (yelling cussing at work) who have not lasted more than a year all over Omaha at various companies. Guess what, they have been at LFG for years now. That should tell you something.

    If you LIke MSACCESS, this is the place for you. They do not invest back in the company at all!

    Advice to ManagementAdvice

    Fire yourself.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    Company Politics!!

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

    I worked at Lincoln Financial Group full-time (more than 5 years)

    Pros

    I enjoyed the work that I did with the company. I was able to interact on a daily basis with clients about their policies.

    Cons

    If you are not related to someone there are "know" someone then you were overlooked for any kind of career change. I was not allowed to advance in my career there at all. I felt like I was overlooked in a lot of positions where I felt I was more than qualified to do. Also I felt that they gave way to much attention to the GLBTS group than they did to other organizations that really deserve it.

    Advice to ManagementAdvice

    Instead of worrying about what your employees are doing by trying to get your employees to tattle, you need to look at the ones that are helping you to spread the rumors. Those type of employees are the ones that will throw you under the bus to get ahead. That includes going for your job!

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  3.  

    Stressful

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group (more than 3 years)

    Pros

    Great teamwork among mid level managers. Decent pay and great 401k benefits.

    Cons

    Horrible recordkeeping system and poor training of employees in client administration. The company has many long term employees in their Fort Wayne, IN office who are not progressive and have no external experience. Company needs to move their home office to a progressive city.

    Doesn't Recommend
    Neutral Outlook
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  5.  

    Financial Representative Intern

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Group as an intern

    Pros

    Moderate increase in knowledge of the financial industry

    Cons

    Was not given the opportunity to take on more important tasks

  6.  

    Retirement Plan Services

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

    I worked at Lincoln Financial Group full-time (more than 5 years)

    Pros

    They have a good 401k match, and most of the co-workers are good. Mostly remote employees. Lots of autonomy.

    Cons

    Low comp and outdated technology. Management doesn't respond to client issues with the firm, blames support staff. Losing lots of plans due to failed technology initiatives. Most of management has never worked anywhere else so they have a poor understanding of the competition.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Supervisor

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

    I have been working at Lincoln Financial Group full-time (more than 5 years)

    Pros

    I have flexible hours. Nice area next to a hotel with a spa and gym.

    Cons

    Putting up with drama from teammates.

    Advice to ManagementAdvice

    Make sure supervisors are treating their team members fairly.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8.  

    Hire managers that can manage people

    • 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 full-time (more than an year)

    Pros

    Benefits, reputation of company, clients, and co workers

    Cons

    Management that is promoted because they were good at a job, not because they have people skills or management experience.

    Advice to ManagementAdvice

    Create an environment that is less threatening to the pions doing the job, and ensure a level playing field.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    worst place I ever worked

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Coordinator in Hartford, CT
    Current Employee - Project Coordinator in Hartford, CT

    I have been working at Lincoln Financial Group full-time (more than an year)

    Pros

    there was a gym in the building we had access to. but that's the only Pro

    Cons

    IT there is horrible and not secure with software and software licenses. management is horrible and rude. other employees make you pay to use the toaster on the floor. So I brought in a free one for everyone to use and they flipped out and had it taken away. too much drama. under paid employees, and everyone seems to be completely disposable.

    Advice to ManagementAdvice

    spend less time on yourself and more on the employees, spend less time pointing fingers and more time just getting the job done and helping each other.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Management needs an overhaul.

    • 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 full-time

    Pros

    The benefits offered were the best part of the job. The 401k plan was superior to most other companies.

    Cons

    The environment is not a welcome one if you do not come with a trust fund. The management is not concerned with the needs of their direct reports.

    Advice to ManagementAdvice

    Listen to what needs to be done to help everyone be more successful.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 5 people found this helpful  

    Sub-Par Company, frustrating work environment.

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

    I have been working at Lincoln Financial Group full-time (more than 5 years)

    Pros

    Very authentic senior management, good benefits, mid size insurance company. Managed to survive financial crisis, but not immune to another crisis.

    Cons

    Very poor middle management, short term goals undermine long term core values of company. Uncompetitive compensation, at best suited for sub-par professions who want to sit for a few years. Advancement opportunities are not given on basis of merit. Waste of budgets every year, tv ads misrepresent internal company realities, but great marketing dept.

    Advice to ManagementAdvice

    Disconnect between Senior management and employees. Problem is mid level management at manager and director level, abuse of power issues. Merit not rewarded, Lincoln would not approve. Outsourcing services and functions very short term benefits, long term risks.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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