Old Mutual Reviews

Updated May 27, 2015
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Old Mutual Group CEO Julian Roberts
Julian Roberts
1 Rating

8 Employee Reviews

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  1. Go away with this company

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Baltimore, MD
    Current Employee - Anonymous Employee in Baltimore, MD

    I have been working at Old Mutual

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The benefit is good, the management try to give more benefits to keep the employee. Good point on the resume.

    Cons

    Very bad management, the turnover rate is very high, every employee will be feel upset with something. Do not be the employee of this company.

    Advice to Management

    To be kind to the employee from the policy and from the heart, not just pay, the employee is the assets


  2. Company review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Thika (Kenya)
    Current Employee - Financial Advisor in Thika (Kenya)

    I have been working at Old Mutual part-time (Less than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    They have a good working environment that is conducive to work and good career progression.

    Cons

    There is a high turn over of employees annually due to there unattractive compensation and remuneration packages.

    Advice to Management

    Revise the compensation and compensation systems


  3. Long hours and no career plan plus, as a woman, got paid less than men in the same position.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Institutional Relations Manager in Mexico City (Mexico)
    Former Employee - Institutional Relations Manager in Mexico City (Mexico)

    I worked at Old Mutual full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Lots of fun people to work around, laid back environment. You can learn a lot because of the multi tasking involved.

    Cons

    Long hours, heavy workload not matched with the salary received, no career plan of any kind or investment in meaningful employee's training, salary below market (considering companies with same activity/scope of services)

    Advice to Management

    Invest on employees, work on better salary schemes, base promotions on performance not time in the company, work on a better benefits program


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  5. Not good at succession planning

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing Consultant in Johannesburg (South Africa)
    Current Employee - Marketing Consultant in Johannesburg (South Africa)

    I have been working at Old Mutual full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    They offer benefits and will promote an actuary alot faster than any other role

    Cons

    lack of personal growth and lack of direction. the business plans for the future with exculding the growth factor for their staff compliment.


  6. Good in parts

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Old Mutual full-time (More than a year)

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

    Pros

    A diverse group with lots of opportunities in Africa

    Cons

    Middle management is very poor and the organisation is highly siloed.

    Advice to Management

    Get a grip on your middle management and build a coaching culture.


  7. Past Experiences

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

    I worked at Old Mutual full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Good Benefits package and renumeration

    Cons

    Lack of personal managers who monitored individuals progress and development


  8. Draining

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Old Mutual

    Pros

    People are generally nice, HR team really tries to make the workplace fun with team building exercises, lunches, etc.

    Cons

    Management does not listen to employees, creativity in problem solving is actively discouraged, work/life balance is minimal in some groups, management team is shaky and worst of all, London office controls everything making for lots of bureaucratic unnecessary paper-pushing jobs.

    Advice to Management

    Decide on a management team, then stick to it. Aim to bring the best out of people to benefit the company and their personal/professional growth, rather than just viewing them as resources. Don't make promises to the market that you can't keep.


  9. Fun place to work

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

    I worked at Old Mutual

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    A good place to learn

    Cons

    No career future. It is a closed block business.



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