Lincoln Financial Group

  www.lfg.com
  www.lfg.com
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Lincoln Financial Group Reviews

Updated September 30, 2014
Updated September 30, 2014
197 Reviews
3.3
197 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
102 Ratings

Review Highlights

Pros
  • They do offer a good Work-Life Balance compared with other companies in the Financial Services Industry (in 23 reviews)

  • If you can hang onto this job then there are great benefits including tuition reimbursement which is very important (in 22 reviews)


Cons
  • Recognition of work life balance seems to be declining sharply (in 6 reviews)

  • Top heavy with many meetings having redundant discussions (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    My internship

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group as an intern

    Pros

    This is a great place to work.

    Cons

    It can be challenging at times.

  2.  

    Lincoln Financial Group is a company committed to helping their customers and their employees build a financial future

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant  in  Fort Wayne, IN
    Current Employee - Consultant in Fort Wayne, IN

    I have been working at Lincoln Financial Group full-time for more than 8 years

    Pros

    401k contribution and match, career advancement opportunities, tuition assistance, LFG's commitment to the community through the Foundation and being a Green workplace

    Cons

    Upgrading and updating of all the systems takes time, finding a platform that will house all of the needs of the company may take awhile to complete

    Advice to ManagementAdvice

    Career Framework is a great tool to utilize when conducting coaching sessions, and writing a job description

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern
    Current Employee - Intern

    I have been working at Lincoln Financial Group as an intern

    Pros

    Gained a lot of experience. Met with many upper level employees.

    Cons

    Not very organized. Placement of interns was questionable

    Advice to ManagementAdvice

    Make sure meaningful work is available. If not pay a weekly "salary." Many days I had nothing to do after 2 pm and had to sit there until 5 to make the money I needed. Either provide more work/career building opportunities to fill time or pay the weekly salary. Doing so will encourage interns to work efficiently and avoid wasted time.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Great for sales careers, support staff, not so much.

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

    I worked at Lincoln Financial Group full-time

    Pros

    They have a fantastic benefits package and lots of upward mobility for sales staff.

    Cons

    Support staff kind of gets shortchanged when it comes to treatment in the hierarchy. Everything revolves around the sale of VAs.

    Advice to ManagementAdvice

    Treat everyone equally and show the support staff that they matter to getting the bottom line accomplished.

    Recommends
    Approves of CEO
  6. 1 person found this helpful  

    Each division is truly different

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consultant  in  Radnor, PA
    Current Employee - Consultant in Radnor, PA

    I have been working at Lincoln Financial Group full-time for more than 3 years

    Pros

    Entrepreneurial in nature. Can create your path within the company. Nice 401k plan. Compensation is tight at the mid level tier.

    Cons

    Slow to act. Must play the corporate game. New initiatives and products are launched at 75%. Technology struggles is an understatement.

    Advice to ManagementAdvice

    Does a great job of managing individual contributors. Unless you are in the PDP program it is difficult to move through different groups within the copmany.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Intern

    Former Employee - Wealth Management Intern  in  Cherry Hill, NJ
    Former Employee - Wealth Management Intern in Cherry Hill, NJ

    I worked at Lincoln Financial Group as an intern for less than a year

    Pros

    Great people. They really put an effort into training and explaining anything you need. Internship was an unpaid position but overall it was great experience and worth it.

    Cons

    None that I could see from my position. Employees were given a good amount of time off and most fridays the whole team left early and went to happy hour.

  8.  

    Retirement Plan Services

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Retirement Consultant
    Former Employee - Retirement Consultant

    I worked at Lincoln Financial Group full-time for more than 5 years

    Pros

    They have a good 401k match, and most of the co-workers are good. Mostly remote employees. Lots of autonomy.

    Cons

    Low comp and outdated technology. Management doesn't respond to client issues with the firm, blames support staff. Losing lots of plans due to failed technology initiatives. Most of management has never worked anywhere else so they have a poor understanding of the competition.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Good Benefits, typical large corporation lack of bottom up engagement

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

    I worked at Lincoln Financial Group full-time for more than 3 years

    Pros

    Great talented, ambitious employees, competitive pay, good benefits.

    Cons

    Typical large corporation grind filled with corporate-speak circular thinking, no room for bottom up innovation.

    Advice to ManagementAdvice

    There's really no point.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Overall a great company to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - BSA  in  Fort Wayne, IN
    Current Employee - BSA in Fort Wayne, IN

    I have been working at Lincoln Financial Group full-time for more than 3 years

    Pros

    You get real work and no matter your rank, you are heard. Work with some of the most amazing and hard working people you'll meet

    Cons

    No formal training, too much responsibility for one person at times, constant meetings

    Advice to ManagementAdvice

    Too many leadership and pm roles given to people without proper experience

    Recommends
    Negative Outlook
    No opinion of CEO
  11.  

    My experience at Lincoln was extremely pleasant, fulfilling, and challenging.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Group as an intern

    Pros

    The office culture was very collegial. I was given meaningful work and real responsibility. My co-workers were friendly, responsive, and outgoing.

    Cons

    There was no formal training program. Everything I learned, I learned on the fly. Also, there were more down days than I expected. I often found myself without projects or work to do.

    Recommends
    Approves of CEO

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