Prudential

  www.prudential.com
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Prudential Reviews

Updated Jul 29, 2014
All Employees Current Employees Only

3.3 601 reviews

85% Approve of the CEO

Prudential Chairman and CEO John R. Strangfeld

John R. Strangfeld

(316 ratings)

64% of employees recommend this company to a friend

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
209 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Financial Planning and Analyst

    Senior Analyst (Former Employee)

    ProsThis is a big company where I can learn new things everyday and has a lot of opportunities to improve my career like job training and opportunity to work with different department.

    ConsI was a contract employee so I did not have benefits, but I heard benefits in Prudential is excellent.

    Advice to Senior ManagementThe Manager in Prudential has a tendency of giving a good training and a good chance to employee to sharp their knowledge.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Good Place to Work

    Anonymous Employee (Former Employee) Shelton, CT

    ProsGood culture, benefits, location, overall great group of people.

    ConsInternal hiring makes it difficult to gain perm. employment.

    Yes, I would recommend this company to a friend

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    Solid Intern Experience

    Anonymous Employee (Former Employee)

    ProsFlexible and understanding management. Solid education and development. Pay was very good compared to the industry.

    ConsOffice was a little bit sluggish, but it improved during my experience there. May just be cyclical.

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    • Approves of CEO

     

    Your experience will vary.

    Director (Current Employee) Woodbridge, NJ

    ProsGood benefits package - new employees are still eligible for a pension. Many people can find a good work life balance. If you need to work long hours on a project, you can usually do it from home.

    ConsHighly controlled environment tends to stifle quick solutions and creativity. Difficult to move between departments.

    Advice to Senior ManagementAllow employees more flexibility to use outside, internet, tools to perform their job.

    Yes, I would recommend this company to a friend

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    • No Opinion of CEO

    2 people found this helpful  

    Best Place To Start A Career

    Financial Professional (Current Employee) Irvine, CA

    ProsAs a Financial Professional, you have a ton of freedom, both with your time as well as the type of practice you wish to build. You are primarily paid via commission, so the sky is the limit. Training is considered to be some of the best in the industry. Benefits are amazing - 401(k) match, stock purchase plans, life, health, disability insurance, etc.

    ConsSometimes having a ton of freedom can feel like no one cares until you have closed a big deal. This also harbors feelings that no one is guiding you down the right path to success. Rather they are just patting you on the back when you do something good, because they are earning a commission when you sell. When you look at the commission structure versus an independent broker, you really should be getting more guidance. The fact that you are paid via commission also has it's pitfalls when you don't get paid. Costs up-front to become an advisor can be a challenge for some when you factor in the life and health insurance exam, series 6 & 63 study material and exams, fingerprints, etc.

    Advice to Senior ManagementBe more engaged with new and veteran hires. Your job isn't over just because an agent made it through training, or has had a few years of success.

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    Overall a good place to work.

    Anonymous Employee (Former Employee) Shelton, CT

    ProsThe company is big on recognizing and supporting diversity in all it forms -- race, religion, ethnicity, career experiences, sexual orientation, etc. Diversity is supported by all levels of management, from supervisors to senior leaders. The company also provides a good deal of benefits, beyond the typical healthcare plan, such as a 401K, pension plan, a robust employee discount program for a multitude of commercially available products (e.g. cell phone companies), etc.
    Management is very conscientious about treating employees fairly and making the company a good place to work. Little things like, free tea and coffee, which are available all day (self-serve) in the kitchenette areas located on every floor. They even provide self-serve medicine cabinets on every floor, stocked with over-the-counter meds such as Tylenol, Ibuprofen, cough drops, throat lozenges, etc. They are also flexible and supportive of moms with young kids. For example, they provide lactating rooms for moms who are breastfeeding, will work with you to come up with flexible hours, and even support temporary part-time arrangements.
    Operationally the company is very structured. I guess they have to be due to all the regulatory oversight imposed on large financial institutions. The structure is great if you like work environments with highly defined roles and responsibilities, though entrepreneurial types might find the environment overly restrictive, with little to no latitude for making discretionary job related decisions.
    My biggest cultural observation is that nearly all matters and business considerations (large and small) require cross-functional agreement before they can move forward. On the plus side this drives cross-functional unity and quality decisions that aren't questioned or blocked late in a process. There is also a down side, though. See discussion under Cons.
    Compensation can be regarded as competitive when viewed from the perspective of the total package (healthcare, salary, paid time off, tuition reimbursement, other perks), but don't expect the company to be at the top of the leader-curve with respect to salary alone.

    ConsThe need to get cross-functional decision making buy-in from multiple groups/functions can be time consuming and frustrating. Allow very long lead times for any decisions required to move forward, as team reviews, changes, and re-reviews can take awhile.
    There is no clear path for advancement. Many people I spoke with made what I perceived to be a disproportionate number of cross-functional lateral moves versus upward job changes. The company encourages lateral movement as it makes for more rounded, valued employees. Great for the company, but is it in the best interest of the individual?
    The company has a CYA culture. You must keep every email to support the many challenges you'll receive about who said what, when.

    Advice to Senior ManagementProvide more assistance in helping employees define and pursue a path for advancement within the company.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Good place to work

    Business Analyst (Former Employee) Newark, NJ

    ProsGood pay; flexible hours; tuition reimbursement as soon as you start; good location; company provides a lot of training opportunities

    Consit depends on what department you get into; some departments are not open to change and this can sometimes cause conflict; not all departments participate in the flex schedule.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    Great overall company, but depending on what group and organization you are in, growth could be limited.

    Investment Analyst (Current Employee) Roseland, NJ

    Pros- Good pay
    - Flexibility
    - Promotes talent internally

    Cons- Certain areas are stifled in terms of growth, which trickles down to the employees within that group.
    - A little too much status is given to higher ups.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    Fair- good benefits too many politics

    Executive Assistant (Former Employee) Newark, NJ

    ProsGreat salary and benefits. Convenient location in two gateway center.

    Conswork-life balance, very political, as an EA you are on call 24/7.

    Advice to Senior ManagementDon't tell allow outside politics to enter the work place. I had a fellow secretary try to tell me I HAD to be a republican because that is what everyone else was.

    No, I would not recommend this company to a friend

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    3 people found this helpful  

    Nice benefits, but work/life balance is becoming stressful as workload increases and no plan to hire is insight.

    Senior Analyst Programmer (Current Employee) Newark, NJ

    ProsBig bonus, salary is average. Work/Life balance is good but still depends on what team you belong.

    ConsNo plan to replace people who were laid off while workload increases. This results in some areas to stress in work/life balance and quality of work suffers.

    Advice to Senior ManagementHope upper management will realize the consequences of too much cost cutting- quality of work suffers. It's time to hire some people as work load increases. Cost cutting is fine and should not be taken into extremes.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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