There are newer employer reviews for Prudential

Helpful (2)

How is this legal?

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Contractor - Financial Professional Associate in Newark, NJ
Current Contractor - Financial Professional Associate in Newark, NJ

I have been working at Prudential as a contractor (less than a year)

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

Pros

If one actually got a check, due to the size of the company, you could be confident it would clear.

Cons

Prudential's Career Development Program is akin to pre-Civil War slavery. New agents are thrown to the wolves and told to sell life insurance to their friends and family, and aren't paid a dime until they hit a certain sales quota, even if they've sold product. It is possible to LOSE money by going to work, due to the fact that agents are not compensated for any of their licensing or travel expenses until they make it through the initiation. Less than half of their recruits make it through the CDP.

Advice to Management

Put yourself in the recruit's shoes. It will be quite a reality check.

reviews filtered by
  • Any Location
  • Any Job Title
  1. Helpful (1)

    Waste of money and time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Professional Associate in Roseville, CA
    Current Employee - Financial Professional Associate in Roseville, CA

    I have been working at Prudential full-time (less than a year)

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

    Pros

    Time flexible was okay but so many demands.

    Cons

    commission base, demand all out of pocket expenses, and no help from management.

    Advice to Management

    more support to advisors

  2. Financial Professional Associate - You better have a very large network to sell to

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

    I worked at Prudential full-time (more than a year)

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

    Pros

    Make your own hours, get paid for the work you put in, run your own business

    Cons

    Commission only is tough, highs and lows, much tougher once they stop giving you extra incentives after first year, they work closely with you to get for first 3ish months till they earn a bonus off your productivity... then they turn their attention to the next wave of recruits.

    Advice to Management

    I am sure they have their reasons, such as new workers selling to friends and family, but some kind of salary would alleviate the highs and lows of living off commission. Also losing the ability to buy into employee stock purchase plan and having to PAY FOR MY DESK, is a little crazy, both start after year 1.

There are newer employer reviews for Prudential

Work at Prudential? Share Your Experiences

Prudential

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.