Lincoln Financial Group Reviews

Updated July 25, 2015
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Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
29 Ratings

Pros
  • Great place to work to have a work/life balance (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 Pros and Cons

82 Employee Reviews

Sort: Popular Rating Date
  1. Lincoln Financial Advisers: Welcome to the Confederacy.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst Intern in Houston, TX
    Former Employee - Financial Analyst Intern in Houston, TX

    I worked at Lincoln Financial Group

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Support provided for those who are wishing to enter the Financial Advising market.

    Cons

    The company itself is not sure what it's trying to be: life insurer? financial adviser? A bit of both? Something else? As such the tone from the top is not a unified one and what happens is the individual departments (at least in the Houston office) often tended to do their own thing and would not really work with other departments unless it suited their own ends.

    Advice to Management

    Figure out what you want the company to be, communicate that idea down through the ranks and then implement it.


  2. Helpful (2)

    Not AIG

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Hartford, CT
    Former Employee - Associate in Hartford, CT

    I worked at Lincoln Financial Group

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Lincoln Financial Group is a very stable company (despite recent share price dips); management is not interested in taking excessive risk or wading into the unknown. This conservatism can be frustrating for those who would like to see progress, but it does guarantee you a pretty stable work environment. People are also generally pretty nice - they are happy to help, to share information, to go to office picnics etc. Finally, I do think the company does a pretty good job promoting service among its employees. They even push management to join boards so they can give back to their communities.

    Cons

    As mentioned above, the company can be pretty conservative, to the point where they turn down projects that are necessary to move the company forward. Another downside is the decision making culture: there is a lot of consensus building which would be fine if the end goal was to get everyone on board, but the purpose appears to be more risk avoidance. Senior managers could do a better job of communicating company developments to employees. That said, I think there has been substantial progress in this arena and that attempts are being made to improve transparency and keep employees in the loop.

    Advice to Management

    Communicate more openly with employees.


  3. Helpful (1)

    PDP great if you stay with firm for the long term

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

    I have been working at Lincoln Financial Group

    Recommends
    Disapproves of CEO
    Recommends
    Disapproves of CEO

    Pros

    Company placed a lot of resources to support the program. You built networks throughout the company and gain a good understanding of how the overall company functions as one unit.

    Cons

    The value of the program is best realized if you stay with the firm following your three years. If you leave....good luck.

    Advice to Management

    Bring back old Lincoln national leadership.


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  5. Internship

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

    I worked at Lincoln Financial Group

    Approves of CEO
    Approves of CEO

    Pros

    Great culture, management is understanding. Projects are expected to be done at a rapid pace. Great place to work at.

    Cons

    Sometimes I feel there is too much pressure to get meaningless projects on time. Managers will also play the blame game.

    Advice to Management

    I wish management could see the big picture at times. I feel they do not understand the ultimate goal on a daily basis.


  6. Brokerage Service Representative

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - BROKERAGE SERVICE Representative in Concord, NH
    Former Employee - BROKERAGE SERVICE Representative in Concord, NH

    I worked at Lincoln Financial Group

    Disapproves of CEO
    Disapproves of CEO

    Pros

    The environment and people of the company are decent. It's social, there are quite a few extra-activities outside work that employees get involved in. However when I moved in to the Brokerage that become not true. The Brokerage is kind of it's own company in the Concord location, and it's not as social as the rest of the insurance departments. The benefits are great. Dollar for dollar 401K matching up to 5% of your pay. The dental insurance is though there own subsidiary, so it's no more than $7 a month and the health provider changes often, but it's pretty decently priced.

    Cons

    The pay is terrible in the Concord location. You only get a half and hour lunch. In the Brokerage they are so thinly stretched on the phones it's hard to take time off. It can even be hard to extend your half and hour lunch to go to the DMV. Also the chance of you getting a promotion is very thin. I was there for 4 years and I only saw one promotion.

    Advice to Management

    Less power-tripping, more guidance for succeeding to your employees, and reward your employees for their hard work.


  7. Internship

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Irvine, CA
    Former Employee - Intern in Irvine, CA

    I worked at Lincoln Financial Group

    No opinion of CEO
    No opinion of CEO

    Pros

    They are very helpful to all employees. Many workshops in order to help people better themselves in their career's. Quite setting.

    Cons

    Compensation is poor, but other than that working there is very independence based which some can see as a bad thing.

    Advice to Management

    Leadership is very prominent as many are working for themselves practically. Leadership is very important at any job and can be learned here.


  8. Helpful (2)

    Mgmt wants to hire talent "outsiders" but do they really want the experience/knowledge if not home grown within company

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

    I have been working at Lincoln Financial Group

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    People work together share processes, help each other. Good Attitudes team members work together

    Cons

    Promotions not handled correctly Must be within the "circle". Mgmt clicks CYA, does not share info.

    Advice to Management

    Fairness should be considered, selection of 1/2 people to excel consistently from mgmt. Opportunities minimum if not a "favorite"


  9. Helpful (1)

    OK place to work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Rochester, NY
    Former Employee - Anonymous Employee in Rochester, NY

    I worked at Lincoln Financial Group

    No opinion of CEO
    No opinion of CEO

    Pros

    L F G / Sagemark Consulting offers a great benefits package to it's employees. They also offer lots of training to the employees.

    Cons

    If you work in an L F G / Sagemark Consulting field office it can be an "old boy's club" depending on local management.

    Advice to Management

    L F G / Sagemark Consulting is a nice place to work. The company offers an excellent benefits package to employees.


  10. Helpful (4)

    Free Spirits and Non-Brownnosers Beware

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Greensboro, NC
    Former Employee - Anonymous Employee in Greensboro, NC

    I worked at Lincoln Financial Group

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Great Benefits, weekends and holidays off, great addition to your resume

    Cons

    Difficult culture to adapt to, management were sneaky cowards, work-life balance depended on the position you had, too much favoritism, very bureaucratic.

    Advice to Management

    Stop the practice of only promoting people who think like you do....that is NOT diversity!


  11. Helpful (2)

    Not a bad place to work in the Concord Are / Poor Salary

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Concord, NH
    Current Employee - Manager in Concord, NH

    I have been working at Lincoln Financial Group

    No opinion of CEO
    No opinion of CEO

    Pros

    decent work/life balance 401k match is almost unbeatable nice "campus"

    Cons

    too many senior leaders with no clear vision merit pool has been horrible the past three or so years AIP (bonus) gets a lot of attention but at the end of the day, it's a 5% on average bonus if you are lucky! Senior Leaders care about it because they get a much bigger piece of the pie (7.5%+ stock shares)

    Advice to Management

    look at poor performers at the management level and address the issues rather than eliminate jobs and push them to another team to create issues. Be more competitive in salary so we can have more effective workers! You pay for what you get.



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