Lincoln Financial Group

  www.lfg.com
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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

25 Employee Reviews Back to all reviews

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

    Not a positive experience, extreme work hours

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

    Pros

    Large company with many diverse employees

    Cons

    Extremely inhumane hours with no end in sight. Average 60-80 hours a week, most holidays and weekends. I approached management a number of times to try and address my concerns and was told that was the nature of the job

    Advice to ManagementAdvice

    Work on life balance.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Contracting/Licensing Consultant  in  Concord, NH
    Current Employee - Contracting/Licensing Consultant in Concord, NH

    Pros

    Generally 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

    Cons

    Micromanagement, 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 ManagementAdvice

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

    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Challenges ahead.....

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

    Pros

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

    Cons

    There 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 ManagementAdvice

    Improve 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.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    No integration between divisions; unprofessional atmosphere at times

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Internal Audit- SOX Intern  in  Radnor, PA
    Former Employee - Internal Audit- SOX Intern in 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 ManagementAdvice

    Ensure 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.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

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

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

    Pros

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

    Cons

    Change 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 ManagementAdvice

    Do something - the same thing - for more than a year and see if it works before changing it.

    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    A solid company with terrible politics.

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

    Pros

    The 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.

    Cons

    Extremely, 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 ManagementAdvice

    Employees 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.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    company on decline

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

    Pros

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

    Cons

    prior 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 ManagementAdvice

    be 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.

    Doesn't Recommend
    Disapproves of CEO
  9. 1 person found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - LTD Benefits Specialist  in  Atlanta, GA
    Former Employee - LTD Benefits Specialist in Atlanta, GA

    Pros

    Compensation
    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 ManagementAdvice

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

    Doesn't Recommend
    No opinion of CEO
  10.  

    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

    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
  11.  

    Management needs an overhaul.

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

    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

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