Nationwide Financial

  www.nationwidefinancial.com
  www.nationwidefinancial.com

Nationwide Financial Reviews

Updated October 11, 2014
Updated October 11, 2014
68 Reviews
3.8
68 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Nationwide Financial CEO Steve S. Rasmussen
Steve S. Rasmussen
21 Ratings

Review Highlights

Pros
  • Sometimes the work/life balance could be better (in 6 reviews)

  • Great people and a great leadership team (in 5 reviews)


Cons
  • You may not get rich at Nationwide, but you can make good money and have a work life balance (in 3 reviews)

More Highlights

14 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    A lot of fun

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Insurance Agent in Des Moines, IA
    Former Employee - Insurance Agent in Des Moines, IA

    I worked at Nationwide Financial as a contractor (more than an year)

    Pros

    Benefits are great, a lot of fun working there

    Cons

    Too much fun sometimes, new offices are too open

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    If only you knew people on the inside, then you'd be offered permanent employment."

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Analyst in Columbus, OH
    Former Employee - IT Analyst in Columbus, OH

    I worked at Nationwide Financial as a contractor (less than an year)

    Pros

    Great people. The people you work with or even meet briefly are amazing.

    Cons

    Management is incredibly unprofessional and moronic. Unless you are a white male, you're word does not matter.

    Advice to ManagementAdvice

    Start opening your doors to more minorities and females in the IT sector. You could benefit from it.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    The company is caring but also less competitive

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

    I worked at Nationwide Financial as an intern

    Pros

    1. Employees are cared
    2. The work culture is pleasant
    3. The company is stable

    Cons

    1. The company is less competitive
    2. Columbus is a dull place

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Good company, lots of changes, poor management decisions

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

    I worked at Nationwide Financial

    Pros

    Very sound company, conservative with products, strong desire to grow

    Cons

    Management continues to cut jobs even when economy was stabilizing. Lost a lot of great people, will take a long time to recover.

    Advice to ManagementAdvice

    Use the Southwest Airlines approach of employee first, which leads to consumer happiness. Your quick to cut the workforce attitude has ruined employee morale.

    No opinion of CEO
  6.  

    Great company but hard to advance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Internal Wholesaler in Dublin, OH
    Former Employee - Internal Wholesaler in Dublin, OH

    I worked at Nationwide Financial

    Pros

    This company is a great place to gain experience in the financial services industry. Great products and competitive in their space.

    Cons

    Distribution is lacking. Could be a larger player in the industry if they looked at their distribution model a little closer.

    Advice to ManagementAdvice

    Defining a career path for engaged employees and having more competitive compensation would probably allow for greater retention of and attraction of top talent

    No opinion of CEO
  7.  

    An "OK" and stable position, but ....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - IT Specialist in Columbus, OH
    Current Employee - IT Specialist in Columbus, OH

    I have been working at Nationwide Financial

    Pros

    - very stable position, no fear of layoffs as a full-time employee (at least in my department)
    - laid-back, able to balance between family and job
    - flexible to take a couple hours here and there, as needed

    Cons

    - too political
    - career growth is no longer done by promotion.. either you move to another department for a higher position, or get out of the company
    - process, process, process --- to much paperwork
    - benefits are being cut year after year.. what's left ??

    Advice to ManagementAdvice

    - treat your employees right, and it will pay off !!
    - don't make big changes and not communicating to employees
    - reduce paperwork, and process as just a means to make everything look good on paper.

    No opinion of CEO
  8.  

    Could Pay better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - General Manager in New York, NY
    Former Employee - General Manager in New York, NY

    I worked at Nationwide Financial

    Pros

    Big Company with forward thinking management

    Cons

    Pay could be better & more vacation would be great

    Advice to ManagementAdvice

    Pay better

    Recommends
    Approves of CEO
  9.  

    Nice people. But not very good at their jobs.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Marketing in Columbus, OH
    Current Employee - Marketing in Columbus, OH

    I have been working at Nationwide Financial

    Pros

    Most of the people who work at Nationwide are nice. There isn't a lot of arguing or yelling. There is a good amount of flexibility, in terms of you schedule and taking time off whenever you need to. There has been a huge investment in training and education - the Masters in Marketing degree program with OSU is great. People in Marketing have a lot of exposure to key decisions-makers within the company.

    Cons

    A lot of people don't seem to be very good at their jobs. Half of the people in Marketing don't have any marketing experience outside of Nationwide. They started in the call centers and saw Marketing as a way to get off the phones. Their skills are not a good match with their roles and responsibilities. And since it's nearly impossible to fire anyone at Nationwide, even people who aren't a good fit for their role will stick it out for years before finally be forced out or fired. This is a very consensus-driven culture where taking risks is not rewarded.

    Advice to ManagementAdvice

    As a company, we really need to learn how to focus on what matters most. We're getting closer to being able to identify what matters. But we're still spending a lot of resources on projects and tasks that don't matter. We need to learn how to say "no" and then stick to our guns. More work, more people, more projects, more products will not help us in the long run. Focusing on the few that matter the most is the only way to survive and thrive.

    No opinion of CEO
  10.  

    Good place to retire, not a good place to grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Analyst in Columbus, OH
    Current Employee - Analyst in Columbus, OH

    I have been working at Nationwide Financial

    Pros

    regular working hours, friendly environment, convenient commute

    Cons

    Few opportunity to promote, full of politics, relatively low compensation

    Advice to ManagementAdvice

    Engagement is useless, just waste of time

    Approves of CEO
  11.  

    Nationwide, good people, good philosophy. Needs to implement their vision and build for the future.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Consultant in Dublin, OH
    Current Employee - Consultant in Dublin, OH

    I have been working at Nationwide Financial

    Pros

    They have a reasonably complete benefits package: 401(k), DB plan, health, employer term life insurance, etc. Rank and file employees are extremely hard-working for the most part and they tend to believe strongly in what they are doing. There is a stated valuing of diversity and some efforts to put that into place.

    Cons

    Management down to the business-line management level seems to be misguided or uncertain. Stated recognition of employee individual contributions is contradicted by a fill-a-slot reorganization mania in the past 5 years. Investment in infrastructure has not been adequate, though I hear that this is the case with most US companies. I also think that they business line management allows itself to be controlled by outside interests too much.

    Advice to ManagementAdvice

    Don't rely on slogans, understand what you are actually saying--what does it mean. Don't confuse a tactic with a goal. I hear a lot of tactics and even strategies, but they don't necessarily line up with a stated goal. You need to invest more in the company infrastructure.

    Doesn't Recommend
    No opinion of CEO

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