Lincoln Financial Group

  www.lfg.com
  www.lfg.com
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Lincoln Financial Group Reviews

Updated September 28, 2014
Updated September 28, 2014
197 Reviews
3.3
197 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
102 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)

  • Top heavy with many meetings having redundant discussions (in 5 reviews)

More Highlights

100 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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
  2.  

    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
  3.  

    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
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  5.  

    Excellent place to work

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

    I have been working at Lincoln Financial Group full-time for more than 8 years

    Pros

    I love the culture, people, flexibility and competitive salary

    Cons

    None that I can think of

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful  

    Limited advancement opportunities

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

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

    Pros

    Well known company thats been in business for a long time

    Cons

    Management is only interested in promoting brown nosers over more senior hard working employees.

    Advice to ManagementAdvice

    They need to take a look at older more tenured employees that are more dedicated to their jobs instead of people that are 22 and right out of college.

    Doesn't Recommend
    Negative Outlook
  7. 1 person found this helpful  

    Very typical company that is a large corporation.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group

    Pros

    Great 401k plan and benefits. Has on site cafeteria and Starbucks. Lots of opportunity for advancement. Most of management has an "open door" policy.

    Cons

    Contact Center is more focused on stats as opposed to the customer experience. They say they are focused on the customer experience but they equate that only to hold times.

    Advice to ManagementAdvice

    Listen to all of your employees. They are the ones that speak to the customers. If their morale is down because of what management has put in place, change. Taking paid holidays away from employees really hurts morale (granted, when you are being paid 2 1/2 times your pay on a holiday, it helps). But when people make plans for a holiday and then 3 weeks before the holiday, they are told that they will be working, it really hurts morale.

  8.  

    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
  9.  

    Great stepping stone to your career

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

    I have been working at Lincoln Financial Group full-time

    Pros

    Great place to work to have a work/life balance. Opportunities to grow within your career and training is always available.

    Cons

    Very process driven with a lack of innovation and opportunities to develop with new ideas. "This is how we've always done it"

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    A great place to work, great culture and work life balance

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

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

    Pros

    Culture, growth potential, Senior management very approachable

    Cons

    My commute, Location in Phili, mobility within the company due to its size

    Advice to ManagementAdvice

    Focus on core competencies when it comes to new acquisitions rather than branching out

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Waste of Investors money with poor strategic project management

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

    I have been working at Lincoln Financial Group as a contractor for less than a year

    Pros

    If you enjoy not working or thinking this is the place for you. Many departments are in their own bubble and won't bother you. They dont even know how their department effects others. Projects are so slow that taking a vacation and coming back where you left off is common. They have a kiosk that offers starbucks drinks at a cheaper cost.

    Cons

    Too many "bosses" so few true leaders. I was hoping to find leadership qualities within this financial institute to help my career growth but rather saw that leadership didn't care to partake in the projects to understand what is truly needed to support the project team. Many times projects either dissolved after months of wheels spinning or morphed into multiple small projects with overlaping objectives. Management continued to bring in more resources from multple consulting companies that offer "best practices" hoping projects would move, but did the opposite and caused more spinning with side activities regarding best practices and not really focusing on making strategic decisions to move the project forward to completion. The company is saturated with third party relationships that continue to fail and slow projects down. There is a clear dividing line between "workers" and "management" that carries too much politics to want to help this company succeed. They turn a blind eye to employees and praise many of the consultants who take others work and add pictures and slides. If you're looking for a career growth and a healthy working environment, I would look else where as they are setting you up to fail within this organization.

    Advice to ManagementAdvice

    Stop looking elsewhere for your answers and try to involve yourself more to make strategic decisions as the leader. Moving deadlines and adding resources doesn't provide the solutions. Own your decisions and be transparent with them to your team otherwise you will not get the support or build the moral for a sucessful team/department. Share your goals and visions FREQUENTLY and take the time to LISTEN to those that are there to support you to reach those goals. Without that relationship there is no motivation to accomplish someone else goals with no purpose. AVOIDANCE and ABSTINENCE will not get the job done or at least not succesfully.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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