There are newer employer reviews for Lincoln Financial Group

2 people found this helpful

Caution - Co in transition

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

I worked at Lincoln Financial Group

Pros

Reasonable compensation and some room for growth if in right area; may find supervisor willing to mentor and advance career

Cons

Ineffectual HR department allows some managers to run roughshod over good employees; recent merger not effectively implemented in many areas. Too many layoffs not well thought out.

Advice to ManagementAdvice

Need to do a much better job of long range planning, and decisions as to what functions are performed in which locations needs to be rethought from scratch. "Talent" management process needs major improvement.

Doesn't Recommend
No opinion of CEO
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  1. Insurance at its Best

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

    I worked at Lincoln Financial Group

    Pros

    During my time at LFG, you always felt the customer was put first. The primary market was high net worth customers that wanted a holistic approach to balancing their future risks. The organization was challenging in its time of change (mergers, shedding dept, economic downturns) - but as an employee, it served to challenge your own assumptions about the insurance business. Lastly, the work-life balance is truth, not fiction. The Lincoln Foundation is woven throughout the workplace. Community service is supported during and off work hours.

    Cons

    A current con to working at LFG would be the commodity driven approach adopted. It is a completely different mindset to working with customers and operations.

    Advice to ManagementAdvice

    I do not have any advice to offer the leadership at LFG. Ideally, the dynamics of the current leadership will not reduce the creativeness that lead LFG to its status.

    Recommends
    Approves of CEO
  2. Good place to acquire wealth, but not a good place to become wealthy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Support Analyst in Fort Wayne, IN
    Former Employee - Business Support Analyst in Fort Wayne, IN

    I worked at Lincoln Financial Group full-time (more than 8 years)

    Pros

    Generous 401K match, good working hours, job flexibility

    Cons

    lack of promotion opportunities, low pay, minimal growth opportunity

    Advice to ManagementAdvice

    If your goal is to retain the best workers, you will need to provide decent compensation.

    Recommends
    Neutral Outlook
    No opinion of CEO
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