There are newer employer reviews for Prudential
There are newer employer reviews for Prudential

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Helpful (1)

Prudential: The land of many opportunities

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Finance Intern in Newark, NJ
Current Employee - Finance Intern in Newark, NJ

I have been working at Prudential

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Prudential has plenty of opportunities for growth. It is a huge Fortune 500 company that deals with Insurance, Retirement Planning and Annuities. There are always positions opening up so as long as you work hard and are dedicated to your work you will have plenty of opportunities to grow within the company. Also the company looks mainly to hire from within. They also offer an excellent benefits package and give many vacation and personal days. You may be asked to work extra hours during busy periods but it is not too bad. I would def reccomend other ppl look to get a job here.

Cons

Since Prudential is such a large company, often times you can get looked over if you do not make yourself known. If you are the type of person that just does their work and leaves the office, it will be difficult to advance with this company. You have to be proactive while working here. Ppl will not notice you if you do not make your self known. Also, the salary they offer is not great. It is not bad, it is pretty much industry average, nothing more nothing less. So if you want that huge payday, look some where else.

Advice to Management

I would tell senior management to not play favorites and consider all employees for promotions. Often times, right when someone gets hired, you can tell they will make it far in the company because of the favoritism that they are showed by senior management.

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  1. Helpful (10)

    Good company, bad job for someone with a family and expenses.

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

    I worked at Prudential

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Some of the best things that come with working at Prudential include some of the better products in the industry and each agent was given a new Lenovo Think Pad T61 to use for work. The office was small but it allowed for new agents to work closely with vereran agents who were willing to help new agents understand the industry. During the first year new agents were given sales leads that would cost other agents $25 a piece so there was some value in that program. Managers were accessable and helpful for the first few months. The fact that Prudential has been around for over 125 years helps for name recognition.

    Cons

    The downsides are many. Pay is full commission and no salary. Unless you earn over $2400 in a 2 week period you will never earn over $600 per week. The money is put into an account for weeks that an agent earns no money. While this might be nice if you are struggling, it is frustrating for those who are doing well and not receiving compensation that is rewarding. Management is unrealistic in their expectations without giving the agents the tools and training that is required to meet expectations. The hours required to make a decent living are too much for anyone with a family and expenses such as a car or house payment. 50-60 hours are the minimum to get an average pay and that is just not enough in today's economy.

    Advice to Management

    Senior management is oblivious to the struggles of new agents. They are willing to hire anyone since there is no salary involved. My advice is to pay new agents a salary and allow them to build a book of business that can provide for them for the years after the salary expires. I have seen many new agents come in and work very hard only to give up soon after since the hours worked were not always rewarded with proportionate pay. I also think that giving new agents a mentor would help the agent grow into the position with the right skills and expectations.


  2. Helpful (1)

    Having worked at several large and small organizations, this is a great place to work!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Shelton, CT
    Current Employee - Project Manager in Shelton, CT

    I have been working at Prudential

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Work/Life balance is very good. Strongly supports diversity. Very dynamic organization.

    Cons

    Sometimes there are too many things happening all at the same time.

    Advice to Management

    Try not to push all projects through in the absolute shortest amount of time.


There are newer employer reviews for Prudential
There are newer employer reviews for Prudential

See Most Recent

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