Lincoln Financial Group

  www.lfg.com
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Lincoln Financial Group Reviews

Updated Jul 1, 2014
All Employees Current Employees Only

3.4 184 reviews

73% Approve of the CEO

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

Dennis R. Glass

(94 ratings)

65% of employees recommend this company to a friend

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
24 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Management - Concord NH. Needs to have Courage and closer oversight.

    Contracting/Licensing Consultant (Current Employee) Concord, NH

    ProsGenerally good benefits and a friendly work environment. Great community presence which I am proud to be a part of in Concord NH.

    The facility is well maintained and a nice environment

    ConsMicromanagement, no managerial courage, bias against mature workers, and not an inviting environment for open communication and constructive feed back

    The management seems to be to involved in the day to day operations or totally disconnected. Some managers have had unprofessional behaviors reported over and over. There seems to be a high tolerance for the bad behavior of certain managers.

    The Hartford Team relies too much on the input of the managers on site in concord. Try having a culture assessment performed by an unbiased HR person located offsite and not part of Gateway.

    Advice to Senior ManagementHave courage listen to the issues that are raised over and over about some of your middle management in Concord. You are losing good employees.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Challenges ahead.....

    Disability Specialist (Former Employee)

    ProsOverall, the company provides competitive pay upon hire, good benefits and tuition assistance. Employees are encouraged to pursue continued education when able.

    ConsThere seems to be a disconnect with mgmt and staff due to a lack of communication/transparency and challenges with accountability among staff. There is also difficultly in maintaining a work/life balance, limited career advancement, outdated technology and unclear company direction. Tied together with a stressful, high pressure work environment with a strong emphasis on numbers is resulting in poor employee morale and high turnover.

    Advice to Senior ManagementImprove the disconnect by taking the time to communicate with the workforce to identify the issues causing the high turnover especially since the more experienced employees are the ones leaving. Develop and enforce strategies to address these issues and focus on improving/strengthening employee retention.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Don't like it here? Wait a second...change will come.

    Anonymous Employee (Former Employee)

    ProsIf you are in Radnor, there is plenty of opportunity for growth on a corporate level. Not so much in other locations.

    ConsChange is a constant. They've tried every management structure/tier system in the book....and still haven't found the right way to lead. There's a lot of talk of employee engagement....the net result of which was town hall meetings with the CEO and logo pens for all employees.

    Advice to Senior ManagementDo something - the same thing - for more than a year and see if it works before changing it.

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    No integration between divisions; unprofessional atmosphere at times

    Internal Audit- SOX Intern (Former Employee) Radnor, PA

    Pros-Structured; task-oriented assignments
    -Regularly scheduled meetings are helpful for feedback
    -Open atmosphere; any questions quickly answered by team members

    Cons-Work atmosphere can be loud and unprofessional at times
    -Disagreements between employees occasionally divert attention from the task at hand
    -Inconsistent level of communication between management and staff
    -Interns in various business units (i.e. sales / accounting) do not have opportunities to interact
    -No mentor program for interns

    Advice to Senior ManagementEnsure that interns are given a good impression of Lincoln and potentially establish a specific program to keep interns in-house and expose them to business units other than their own.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    A solid company with terrible politics.

    Financial Analyst (Current Employee) Radnor, PA

    ProsThe pay is fair, though arguably lower than competition. Teams can be friendly, pretty talented workers, and respectable work/life balance and benefits. Stable company, as well, but a bit too complacent.

    ConsExtremely, extremely political. Expect to be shoved around by management and HR. You have to "fit" or you will not last. Double-standards across colleagues depending on if they like you or not, regardless of your work. Furthermore, technology is outdated, and the corporate office is far too corporate.

    Advice to Senior ManagementEmployees are genuinely not happy, you will hear horror stories and politics, but people know HR is out to get them. Take a second look at equitable treatment, and this is coming from a current employee.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    company on decline

    Anonymous Employee (Former Employee) Phila, PA

    Prosstrong culture, good female advancement opportunities, great benefits package (although, sadly, that too began to decline in the later years.)

    Consprior to jp merger & boscia leaving, the company was an excellent place to work. unfortunately, the 'dennis glass' era sadly leaves the company without a strong leader (unless you count fred crawford). read a transcript from the quarterly earnings call - the tough questions get bounced to fred, the ones where dennis can make up words such as "to de-risk", well, that says it all. the company actually moved backwards with the JP intergration, adopting old technologies from JP rather than try to roll THEM onto LFG's platforms.

    good luck, folks. you're going to need it.

    Advice to Senior Managementbe congnizant of the number of times you say "uhm" on an earnings call. you sound silly. don't make up words. give fred more credit - he's the dick cheney of the organization.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    There have been long needed Management Changes in 2010 at the local level

    LTD Benefits Specialist (Former Employee) Atlanta, GA

    ProsCompensation
    Tuition Reimbursement
    Great people to work with

    Cons(may no longer be the case at the time of this review as the managers are no longer in place)

    When I was hired I was asked if working overtime would be an issue; a reasonable person would interpret that to be occassional ;but for years this was weekly whether warrented or not.

    Employees are significantly underappreciated- when goals are met the response is "higher higher" auditing is inconsistant scores seem somewhat based on whether you attempted to appeal findings from the previous auditing cycle.

    Intimedating middle management- 1 talks down to employees and avoids contact if at all possible, the other makes unrealistic demands and as a result many employees are depressed and are ridden with stress related disorders/diseases

    Horrible workforce planning - either made to work too much overtime or do 50 hours of work in 40 in which scenario work quality goes down but the reprimands of such are not taken into consideration with work load.

    No consideration for work/life balance

    Advice to Senior ManagementThe improvement advice would be primarily about employee treatment not really something management tends to concern themselves with in regards to the Atlanta office.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Hire managers that can manage people

    Anonymous Employee (Current Employee)

    ProsBenefits, reputation of company, clients, and co workers

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

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

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Management needs an overhaul.

    Anonymous Employee (Former Employee)

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

    ConsThe 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 Senior ManagementListen to what needs to be done to help everyone be more successful.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    It is a job but it could be much better

    Anonymous Employee (Current Employee)

    ProsGreat PTO and convenient location. Possibility of advancement if you know the right people. Opportunity to advance education

    ConsNo employee input. No feeling for family lives. basically you are used for what you have to offer and when you ass no longer need you the particular job if they like you you can move if not oh well

    Advice to Senior ManagementTalk to frontline workers and get the real story!!

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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