Lincoln Financial Group Reviews

Updated August 9, 2014
Updated August 9, 2014
188 Reviews

3.3
188 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
97 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

96 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Amazing Company!!!

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

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

    Pros

    Lincoln is a great company to work for! In my four years there, I've noticed a continuous strive for improvement, a strong bond between the employees, and a well-rounded work-life balance. This company does an amazing job of balancing extrinsic and intrinsic rewards and maintaining a fair and honest culture.

    Cons

    Very seldom am I speechless but I honestly can't think of any cons for this company.

    Advice to ManagementAdvice

    Keep up the great work and continue to involve and support employees and we'll keep growing!

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    A great place to start your career

    • 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

    Management believes in promotion from within. There are multiple growth opportunities and hard work does not go unnoticed.

    Cons

    Workloads can be heavy from October-March. If you are not willing to put in extra hours during this time of year you may become overwhelmed trying to keep up.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great benefits, but not great pay or advancement opportunity.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative  in  Fort Wayne, IN
    Current Employee - Customer Service Representative in Fort Wayne, IN

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

    Pros

    401k program is excellent. Healthcare costs are pretty low.

    Cons

    Low pay compared to similar companies. Not a lot of advancement opportunities.

    Recommends
    Neutral Outlook
    Disapproves of CEO
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  5. 2 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 for 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
  6. 1 person found this helpful  

    Don't bother working in jobs outside of the sales area

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

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

    Pros

    Good 401k match and work life balance. The company knows how to reward sales people. If you are not involved in sales avoid this company.

    Cons

    The company lacks a clear path to develop internal talent. If your going to join this company don't plan to spend more than 2-3 years there.

    Advice to ManagementAdvice

    Focus on developing the talent that you have internally rather than hiring outside the company for new opportunities.

    Recommends
    Positive Outlook
    Disapproves of CEO
  7.  

    Not Bad, Not Great

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

    I have been working at Lincoln Financial Group full-time for more than a year

    Pros

    Professional and accessible managers, low turnover.

    Cons

    Lousy, Immature co-workers. Working in the implementation department was like going back to romper room every day. Co workers at times made unprofessional, inappropriate and even racist comments.

    Advice to ManagementAdvice

    Remind employees that when you go to work, you should behave like adults.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8.  

    It's what you make it

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

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

    Pros

    This is a sales organization so the focus is on sales. As long as you are in one of the sales divisions you have significant earning and job satisfaction potential. Fantastic 401k match and strong annual bonus potential.

    Cons

    A little weak in health benefits but they make it up with the 401k. Like every company this size, leadership has some pockets of empty suits.

    Advice to ManagementAdvice

    Stop hiring only Merrill people.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Very friendly and helpful people! Great experience!

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

    I have been working at Lincoln Financial Group full-time for less than a year

    Pros

    Benefits
    Work - Life Balance
    Office culture

    Cons

    None. This organization is a well-greased machine.

    Advice to ManagementAdvice

    Keep it up.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Good benefits, flexible with family/work balance

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

    I have been working at Lincoln Financial Group full-time for more than a year

    Pros

    A lot of departments offer some type of flexibile schedule. The company offers good benefits including medical, vision, dental, 401K, life insurance, LTD, STD, accident and critical illness.

    Cons

    It is hard to move in to a new position - it takes a while. Medical is switching next year to a HSA type plan and there will be no PPO option plan available, so this becomes more expensive for deductibles. Parking is difficult and often full even if you are assigned a garage or surface lot (no assigned spot, just by area).

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Sales Comp Analyst at Lincoln

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

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

    Pros

    Excellent independence and work environment. Great hands off managers. High level of talent within the workplace. Very quick to adapt to market changes. Good support of independent thinking and promotes continuous improvement in any means you would like to execute.

    Cons

    Limited training opportunities and most of it is voluntary. I personally think training should be mandatory so everyone is on the same page.
    Frequent organizational changes that are some times unecessary.
    Heavy reliance on external consulting when the answer and solutions are already known by the operations/front line employees.

    Advice to ManagementAdvice

    You hire some of the best people in the industry, but that doesn't mean they can rest on their laurels. Ramp up your training program for both sales and operations, especially internals.

    Recommends
    Positive Outlook

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