Manulife Financial

www.manulife.com

Manulife Financial Reviews

Updated January 27, 2015
Updated January 27, 2015
249 Reviews
3.5
249 Reviews
Rating Trends

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Manulife Financial President and CEO Donald Guloien
Donald Guloien
121 Ratings

Review Highlights

Pros
  • Good work life balance, usally work 40 hours a week without much overtime (in 31 reviews)

  • The role also offers work from home opportunities and therefore some work life balance can be achieved (in 11 reviews)


Cons
  • Very stressful atmosphere and long working hours (in 9 reviews)

  • The work life balance here is quite terrible as most people only leave work after 8pm (in 6 reviews)

More Highlights

135 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great company to work for

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

    I have been working at Manulife Financial full-time (less than a year)

    Pros

    Very positive work environment
    Amazing people
    Flexible work - option for remote work
    Recognizing hard work
    Option for growth
    Global mobility

    Cons

    Human Resource leaders need to look after their own. They need to practice what they preach.
    Inconsistent management practice
    Needs to improve the new employee orientation

    Advice to ManagementAdvice

    Better selection of talent at the manager/ Director level

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Interested to See How the Company Handles All of the Organizational Changes Over the Past Few Years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Legal in Boston, MA
    Current Employee - Legal in Boston, MA

    I have been working at Manulife Financial full-time (more than 10 years)

    Pros

    Solid growth in Asia with a keen eye on ethics and compliance in the workplace. Not many perks but what company does have them nowadays? Yearly bonuses paid for past 10 years.

    Cons

    Bureaucracy, red tape, project management stagnates, IT is decrepid and Help Desk is not helpful. New employees are frustrated at the slow onboarding pace.

    Advice to ManagementAdvice

    Health benefits cannot continue to be reduced. Although there is a goal to meet for shareholders, employees cannot be the ones who suffer as a result. Key decision makers need training to identify key contributors and develop ways to retain the right people. Promote from within.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Enjoyable work experience

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Manulife Financial full-time (more than 5 years)

    Pros

    Company is very involved in community volunteering and offers employees time and transportation during work hours to participate.

    Co-workers are intelligent and pleasant to work with. The majority of workers care about the work they are doing.

    Cons

    Individual managers can make or break an employees work experience. The most qualified for advancement are not always chosen because they do not know the "right" people.

    Advice to ManagementAdvice

    Stop trying to recreate programs and processes that were developed at the corporate level. You are not making it better, you are making it more confusing for the workers in your division.

    Recommends
    Positive Outlook
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  5.  

    Nice company, great place for acturies

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

    I have been working at Manulife Financial full-time (more than 3 years)

    Pros

    Nice work enviroment, nice management team, a lot of fun events, food courts are not bad

    Cons

    They should not put accountants together with the acturies both in Fianace, the acturies get far more benefits than accountants, makes all the financial analysts feel so unfair. The reorg. is just throwing more work to all employees, what's the benefit?

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Boston, MA
    Current Employee - Associate in Boston, MA

    I have been working at Manulife Financial full-time (more than a year)

    Pros

    Great company to work for, great location

    Cons

    Long hours, low pay, executive pressure

    Advice to ManagementAdvice

    Listen to your employees

    Recommends
    Neutral Outlook
  7.  

    Property Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Property Manager in Chicago, IL
    Current Employee - Property Manager in Chicago, IL

    I have been working at Manulife Financial full-time (more than 8 years)

    Pros

    Local senior management very supportive

    Cons

    National Senior leadership, inconsistent with future development plans

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Decent place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant Vice President & Actuary in Boston, MA
    Current Employee - Assistant Vice President & Actuary in Boston, MA

    I have been working at Manulife Financial

    Pros

    Interesting work. Lots of opportunities to see different things.

    Cons

    Senior management in my Division Love "Yes men".

    Advice to ManagementAdvice

    I don't agree with the philosophy of giving people the work and then promoting them after a year. If you are willing to give someone the work and responsibility, then give them the promotion at the same time.

    Approves of CEO
  9.  

    Job Description

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Analyst in Boston, MA
    Current Employee - Business Analyst in Boston, MA

    I have been working at Manulife Financial

    Pros

    Its vast. there's always opportunities if you're looking for it. favors senority, if you're committed to the company, you'll be rewarded with fringe benefits that are highly competitive with other firms. employees gets special access to business products.

    Cons

    old fashioned. obsolete technologies. favors senority too much as young and creative employees are often left behind.

    Advice to ManagementAdvice

    Listen to employees more. Recruit college graduates more.

  10.  

    Great Place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Derivatives Business Analyst in Boston, MA
    Current Employee - Derivatives Business Analyst in Boston, MA

    I have been working at Manulife Financial

    Pros

    Benefits, Salary, Location, Hours, Career Advancement, Stock Program

    Cons

    Need more on the job training

    Advice to ManagementAdvice

    Train employees better

    Recommends
    Approves of CEO
  11.  

    Stable but unexciting place to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Developer in Boston, MA
    Current Employee - Software Developer in Boston, MA

    I have been working at Manulife Financial

    Pros

    Stable company -- seems to withstand bad economic times better than peers. The company's risk aversion makes it somewhat of an unexciting place to work for, but contributes to the sense of stability.

    Cons

    Typical downsides of working for a large corporation -- it often feels that your work doesn't make a difference. The corporate hierarchy is 8-10 levels deep, so a common worker feels very detached from senior management.

    Advice to ManagementAdvice

    I have every reason to believe that our senior management is highly capable,

    Approves of CEO

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