Prudential

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Prudential Reviews

Updated August 12, 2014
Updated August 12, 2014
619 Reviews

3.3
619 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Prudential Chairman and CEO John R. Strangfeld
John R. Strangfeld
330 Ratings

Review Highlights

Pros
  • Work/Life balance is good but still depends on what team you belong (in 80 reviews)

  • Good benefits package - new employees are still eligible for a pension (in 35 reviews)


Cons
  • The work/life balance of sales will drive most to leave within the first few years (in 23 reviews)

  • 15 appoiuntments unless is is your personal friends and family (in 7 reviews)

More Highlights

171 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great environment and people to work with, you have to be driven and prepared to be denied over and over again.

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

    Pros

    dedicated people working with you, who will help you with any questions you have. Benefits are awesome. The building has a gym and a cafeteria.

    Cons

    The training needs a little more work, they have times where they have training but they dont

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Good Company but stagnant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Claims Examiner  in  Philadelphia, PA
    Current Employee - Claims Examiner in Philadelphia, PA

    Pros

    Good people, good management. good work environment

    Cons

    Low salaries, not much room for advancement

    Advice to ManagementAdvice

    Improve opportunities for advancement

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    PRUDENTIAL FINANCIAL

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager  in  Dallas, TX
    Former Employee - Project Manager in Dallas, TX

    Pros

    Large Company with good benefits, CBD location with competitive salaries

    Cons

    Company has very liberal views, and micromanages all employees.

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

    Great place to work

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

    Pros

    Flexibility
    Competitive Pay
    Very well established company

    Cons

    Extremely structured
    Things take a long time to get done
    Outdated equipment

    Approves of CEO
  6.  

    Troubled company because it never moves forward and centers on mediocrity.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Director  in  Newark, NJ
    Former Employee - Marketing Director in Newark, NJ

    Pros

    Compensation is fair, some locations are okay.

    Cons

    Excellence is not recognized or rewarded.

    Advice to ManagementAdvice

    Company moves toward mediocrity.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Great company with poor management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operstions  in  Portland, TX
    Current Employee - Operstions in Portland, TX

    Pros

    Great benefits
    Flexible hours
    Strong salary
    The company is always working to improve itself and its environment

    Cons

    Very poor management- if you are a go getter and looking to advance, then you will want to look elsewhere. Management should not be able to

    So many opportunities are only in NJ so if you don't want to go to NJ then you have very few options to advance

    Advice to ManagementAdvice

    Take action against managers when issues/concerns are voiced. People leave when they feel they don't have a voice and they aren't getting the support they need.

  8.  

    It's pretty good, but not without flaws.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Actuary  in  Newark, NJ
    Current Employee - Actuary in Newark, NJ

    Pros

    Great health, dental, and vision care. In fact, all their benefits are pretty good. You get a lot of PTO, too, and working from home is encouraged. Prudential really does care about helping you get the rest of the stuff in life out of the way so you can perform your best when you're on the clock.

    Cons

    Salaries are pretty low for the work and region. Just about everyone I know outside of Pru is getting paid more than me.

    Big focus on doing something in the "Prudential way", even if that's admitted to be inefficient. Results in some clunky, inefficient procedures that waste asssociates time.

    Tech standards are WAY outdated - we're still on Lotus Notes for crying out loud! The firewalls and Internet blocking policies are ineffective and condescending, too. Sometimes they block you from getting to information that'd help you at work, and if people really want to slack off, they'll just find another way to do it.

    Advice to ManagementAdvice

    Move our IT systems into the 21st century. It's only slowing us down.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Performance review process

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Large well known company, overall the company culture is very positive. But there is also a lot of "dinosaurs" in this company from the Skandia days. They need to clean house at some point and get fresh minds in there to make some impactful changes. Otherwise, the new hires eventually start to think like the dinosaurs and can never develop and actually go backwards in their development.

    Cons

    The review process is ridiculous. You are rated twice a year....year end and mid year. There is a 360 degree process whereby you must request feedback from people you have worked with during the year and/people you interact with on a daily basis within your group. Also, be careful because if you have done ONE thing that isn't perfect, you can be sure it will show up on your review...so advice here is you must be friendly with every single person and on your best behavior at all times, otherwise there will be a meeting and collaboration amongst management and this will definitely show up on your review...no doubt. Again, this process is awful, no one in this company likes it and it's too, too long of a process. Most companies have a "normal" review process whereby you are directly rated by your direct boss...none of this nonsense that goes on here.......and it takes months to complete because management will rehash and meet several times before they are in a final agreement with someone's review. Terrible, terrible process.

    Advice to ManagementAdvice

    Get rid of this ridiculous performance review process.

  10.  

    All good things must come to an end

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Billing Representative  in  Dresher, PA
    Former Employee - Billing Representative in Dresher, PA

    Pros

    Benefits are great, training is excellent. Employees are encouraged to perform at their best. Telecommuting is possible, work/life balance is excellent. Total compensation package was great including discounted company stock purchases, 401K contributions, pension plan, medical, dental vision, free life and ADD coverage, free STD coverage, free legal coverage. Upper management is great at providing clear vision of where they want to be and how they are going to get there.

    Cons

    Prudential has gone through major structure changes recently in that jobs have been sent offshore. Hundreds of jobs have been lost through downsizing. Employees are encouraged to perform at their best but sadly are not compensated enough. Thoughts are Prudential is looking at the "bottom line" without considering the impact of their decisions afa how many people are affected by downsizing.

    Advice to ManagementAdvice

    Consider those who you are impacting by your downsizing decision. Ask yourself why so many of your client's have left and gone to other carriers. What do you think your producers are saying about you.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 3 people found this helpful  

    Great Learning Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Services Associate  in  Pittsburgh, PA
    Former Employee - Financial Services Associate in Pittsburgh, PA

    Pros

    Training is above average in comparison to its peers.

    Cons

    Lack of support and development from the management team.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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