Lincoln Financial Group

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

Updated September 19, 2014
Updated September 19, 2014
194 Reviews
3.3
194 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
100 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)

  • Advancement opportunities are not given on basis of merit (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Contractor in the IT Department

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Omaha, NE
    Current Employee - Anonymous Employee in Omaha, NE

    I have been working at Lincoln Financial Group as a contractor for more than a year

    Pros

    Great people to work with. The staff and support people were very good and made some lasting friends. Plenty of work to do.

    Cons

    No clear direction from management. Many changes in plans, scope, and decisions. Lots of process and bureaucracy. Very top heavy and multiple decision makers.

    Advice to ManagementAdvice

    Steamline processes and reporting. Re-vamp and modernize the employee time reporting. Reduce management overhead and consolitdate departments.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Development

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group

    Pros

    flexible hour and well balanced life

    Cons

    growth opportunities are minimal, takes time to grow

  3.  

    Flexible and making progress in becoming innovative

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

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

    Pros

    A friendly and flexible environment

    Cons

    Not able to use all the available resources

    Advice to ManagementAdvice

    Continue to embrace innovation

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Great culture, great people

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

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

    Pros

    Good strategic vision. Many opportunities to change roles within company if needed. Benefits are solid.

    Cons

    Many layers of project managers asking for the same things. Streamlining requests can be frustrating.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Innovative, smart people, good compensation

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

    I have been working at Lincoln Financial Group full-time for more than 10 years

    Pros

    Lincoln has a lot of really smart people. The environment is pretty collaborative and the product/distribution partnership is strong. Work/life balance is decent. Politics vary depending on which area you work, but overall, compared to peer companies, it's OK. Financially has performed very well, even during some very turbulent times. Consistently scores higher than peer companies on employee engagement.

    Cons

    A lot is going on, so hard to manage the pace if you've got a lot of personal demands, but again, most managers are supportive of work/life balance, flexible schedules, telecommuting. A little behind the times from a technology standpoint.

    Advice to ManagementAdvice

    Keep listening to employees through engagement surveys, town hall meetings, but more important small group interactions. Don't overlook the stuff that's tough to hear.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Overall, good company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Omaha, NE
    Current Employee - Anonymous Employee in Omaha, NE

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

    Pros

    Good benefits, competitive salary, generous time off, and flexible work schedule for salaried employees. Leadership is accessible and will listen to your concerns. Hard working employees, most have a very good work ethic. Very friendly people!

    Cons

    Limited flexibility for hourly employees. Need to update systems, rather antiquated. Need a more holistic on boarding program. Need to add more people in HR, the generalists are swamped.

    Advice to ManagementAdvice

    Give hourly employees more flexibility. Update old systems.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Good Company, Poor Training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Paraplanner  in  Chicago, IL
    Former Employee - Paraplanner in Chicago, IL

    I worked at Lincoln Financial Group full-time for more than a year

    Pros

    The job and people are interesting
    Flexible schedule, work/life balance
    unlimited earning potential

    Cons

    There's really no one available to mentor if you are just starting out

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Plenty of technology work going on, but organization is very hierarchical and bureaucratic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Development Consultant  in  Rolling Meadows, IL
    Current Employee - Software Development Consultant in Rolling Meadows, IL

    I have been working at Lincoln Financial Group as a contractor for more than 3 years

    Pros

    Company has good benefits, and the work is stable and the work hours are reasonable. With so many software systems adopted from acquisitions, there's a lot of software development and technology work throughout the organization.

    Cons

    As with many other large companies, the organization is very hierarchical and bureaucratic. There are many bad decisions that are made in a vacuum that end up wasting effort and money.

    Advice to ManagementAdvice

    Remove layers in the organization to better connect upper management with what's going on 'on the ground'. Adopt better ways to measure performance against goals, to better gauge what is and is not working, and whether decisions have yielded desired results.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Good people but poor direction at times

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Hartford, CT
    Former Employee - Anonymous Employee in Hartford, CT

    I worked at Lincoln Financial Group as a contractor for more than a year

    Pros

    Great people
    Work-life balance was spot on

    Cons

    Work often went to waste
    Lack of opportunity

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Great ethical company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Compliance  in  Hartford, CT
    Former Employee - Compliance in Hartford, CT

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

    Pros

    Lincoln Financial Group is a smart, ethical company with great culture from top to bottom for serious professionals.

    Cons

    Lincoln does a good job of retaining people. The downside to staff retention is relative difficultly advancing from within. Some people will look for opportunities outside Lincoln and will eventually return at a higher level.

    Advice to ManagementAdvice

    Look for ways to increase mobility. Consider reaching across departments to give employees opportunities to develop and build stronger, more well rounded executive candidates.

    Recommends
    No opinion of CEO

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