Legal & General Group
3.2 of 5 19 reviews
www.legalandgeneralgroup.com London, United Kingdom 5000+ Employees

19 Employee Reviews (View Most Recent)

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Run by beancounters

Anonymous Employee (Current Employee)
Kingswood, South East England, England (UK)

I have been working at Legal & General Group

ProsNot expected to work over your contracted hours
Benefits towards the top end - enhanced maternity pay
Most people get on well with each other
Probably much better in a business unit rather than Group
Swimming Pool

ConsLow salaries - kingswood is not in Central London, but still need London wages to tempt those from London to work there.
High levels of poorly managed out-sourcing
Silo business structure with no joined up thinking
Very antiquated IT systems, some originating from the 1960s!
Not progressive
Parts of HR have been out-sourced
Can only park in the car park 4 out of 5 days per week - need to nominate a no park day
Seen by management to be a 'lifestyle' choice to work there meaning we don't pay you much and don't expect long working hours or any chances of promotion.
PCs with floppy disk drives!! - No real investment in IT infrastructure
Still on MS office 2000 for most staff
Very slow processes. Some processes are just there to justify the hierarchical management structure.

Advice to Senior ManagementOn paper it may look that out-sourced services to TCS have saved money. However, the reality is that very little has been achieved by them for the money that has been spent. Rather than looking at the overall cost of providing services you really need to look at outcomes as well. TCS may charge 1/2 that of a UK out-sourced provider, but with fixed budgets it means they have delivered 1/2 of what they should have as they take much longer to complete jobs than UK based out-sourced companies.
Take a real look at some of the most innovative companies out there and try to emulate them. Rather than out-sourcing work, create projects to solve specific business problems that will be managed in house. Use more UK workers rather than Indian born ones from TCS.

No, I would not recommend this company to a friend

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  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Too much change in structure

Business Analyst (Current Employee)
London, England (UK)

I have been working at Legal & General Group


Pros: People, work ethic, location, training Cons: Pay Promotion Politics Old systems Resistance to change More

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
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  • No Opinion of CEO

 

For the flexibility it provides, you may be sacrificing higher aspirations

Finance Manager (Current Employee)
City of London, England (UK)

I have been working at Legal & General Group


Pros: - Friendly family-based culture; - Sports facilities; - Work-life balance; - Multiple sites… Cons: - Professionally skewed to Actuaries more than general management, Finance or Accountants; - Development relies… Advice to Senior Management: - More investment in underlying systems and processes required - some reporting processes are prone to break-down and have key-man dependencies; - Need to move away… More

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