Lincoln Financial Group

www.lfg.com

Lincoln Financial Group Reviews

Updated January 29, 2015
Updated January 29, 2015
227 Reviews
3.4
227 Reviews
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Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
118 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

20 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Don't bother...

    • 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 3 years)

    Pros

    It's nice to be inside when it's windy out.

    Cons

    The laundry list is something beyond reproach and repair. Am I a jaded employee, well yes after everything that happened it's really hard not to be.

    It is literally too top heavy. There are about 4-5 employees per manager. They then wonder why there is so much overtime.

    Have you ever worked for a company where your manager literally peers from the cubicle wall at you for over an hour to see if you are working? Welcome to Lincoln.

    No worries that manager was fired for having sex with his employee in the conference room.

    Upward mobility? Only if you hang out with the managers after work. In fact that is the advise you are given when you ask how to move up; right after you are told work doesn't matter here.

    Have different beliefs from management? It's ok. They'll make sure they get rid of you or make your life miserable.

    Family pictures? Only if you are a Quaker. If anyone thinks you are showing too much elbow in your wedding picture. They'll make you get rid of it.

    Want to move departments? Make sure your manager doesn't know so they won't try to block you.

    What makes management material? Pull out a knife on an employee at a function and threaten one of your employees and boom! Manager in a few weeks! Or... just don't show up for months at a time. Boom. Manager!

    Tell HR? They will literally say it's your own fault.

    One more thing. If like knowing when you are going home this is not the job for you. You never know when you are going home because they announce mandatory overtime past your leave time. So you can't leave until someone tells you to.

    Have you ever sat on your desk working overtime because another area is so it wouldn't be fair for you to go home and they can't? Welcome to Lincoln!

    If you have no other recourse or know a manager then feel free to work there. Otherwise start applying for jobs as soon as you get in.

    Use it as a tick on your resume really a lot of the experience won't be worth the time unless you lie to future employers about what it really was.

    Advice to ManagementAdvice

    Don't bother.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Don't Believe the Hype

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

    I have been working at Lincoln Financial Group full-time

    Pros

    This job is a great way to learn how to survive. You are on your own and if you make it here you can make it anywhere!!!

    Cons

    They will tell you this job has unlimited pay potential and the average Retirement Consultant makes 90k a year. FYI out of 80 only about 2 made that much, so odds are it won't be you!!!! You will be lucky to make half that much, so be ready to apply for government assistance. You will be asked to sell people things they don't need, so again, you can't say you didn't know before hand.

    Advice to ManagementAdvice

    How you lie to prospective employees is amazing, as the business changes your Retirement Consultants will be exposed for what they are annuity salesmen and nothing else.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Not a good place to work

    • 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

    Good benefits and great co-workers.

    Cons

    Too much work because system requires too many manual entries.

    Doesn't Recommend
    No opinion of CEO
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  5.  

    Overall atmosphere of the company

    • 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 8 years)

    Pros

    not much I can think of but a great benefits package

    Cons

    Directors are horrible, they don't trust their managers! If you voice your concerns directors say you are whining. Directors and AVPs don't show enough support to other offices! How can you effectively run a office by coming into town once a month! Not enough job opportunities in the Atlanta office! The Omaha office thinks they are the center of excellence! The turn over is extremely high and the Atlanta off will be loosing more employees due to the work load! The organization preaches work life balance but that's not true! Brokers, sales reps, and account managers are rude and sometimes use bad language to managers. This company is so unorganized, no one knows who to go to for help!

    Advice to ManagementAdvice

    trust your managers, come up with a recognition program! Open up more job opportunities in the Atlanta office! Stop making your employees feel like they are stupid and invest in your people! I don't see how this company can be a fortune anything company

    Doesn't Recommend
    Disapproves of CEO
  6.  

    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 (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
  7. 2 people 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 (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
  8. 3 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 (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
  9. 4 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.

  10. 4 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
  11. 3 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 (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

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