Lincoln Financial Group

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

Updated September 8, 2014
Updated September 8, 2014
192 Reviews
3.3
192 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
99 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

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  1. 1 person found this helpful  

    different

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Unclaimed Propertices Specialist  in  Omaha, NE
    Current Employee - Unclaimed Propertices Specialist in Omaha, NE

    I have been working at Lincoln Financial Group

    Pros

    there may be some good advancment opportunities for others

    Cons

    not utilizing my job and educations experience

    Advice to ManagementAdvice

    take a closer look as some of the temps that are brought on, and review their qualifications and background

  2. 4 people found this helpful  

    Too slow

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

    I worked at Lincoln Financial Group

    Pros

    Good pay. Pleasant atmosphere. Myriad of perks. Employs a lot of people, props up the economy, keeps many families afloat.

    Cons

    Was like going backwards in time by 40 years, everyone smilingly working in slow motion, many of the activities adding no real value (other than taking up time and consequently getting more pay).

    Advice to ManagementAdvice

    I'm guessing there isn't enough competition, else all the fat processes would be hurting the company. Maybe try Agile or Lean Six Sigma to provide a better value.

    No opinion of CEO
  3. 1 person found this helpful  

    Oppresive mangement to the point of bullying and harassment

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

    I worked at Lincoln Financial Group

    Pros

    Benefits offerred are not bad.

    Cons

    Outdated computer system which does not allow for a free flowing production.
    Oppresive management that bullys individuals.
    Employment positions are billed as "flexible". Not so. You will be reprimanded for being 1 min. late and docked with an "awareness". The "awareness" allowed are 5 in calendar year. Then you will be put on a written warning. This is applied even if you call in with car trouble and arrive late.

    Advice to ManagementAdvice

    Recognize employees as indivudals with different attributes to contirbute to a team. Mico management DOES NOT bring out the best in personnel.

    Doesn't Recommend
    No opinion of CEO
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  5. 1 person 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
  6. 1 person found this helpful  

    Look for employment elsewhere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - 1035 Processing Specialist  in  Concord, NH
    Former Employee - 1035 Processing Specialist in Concord, NH

    I worked at Lincoln Financial Group

    Pros

    Limited challenge, friendly employees and very flexible in terms of time off requests i.e. vacation

    Cons

    Weak salary, limited promotions and employees who lack the drive to achieve bigger and better things.

    Advice to ManagementAdvice

    Update their review procedures to reward the correct employees

    Doesn't Recommend
    No opinion of CEO
  7.  

    Supervisor

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

    I have been working at Lincoln Financial Group full-time for more than 5 years

    Pros

    I have flexible hours. Nice area next to a hotel with a spa and gym.

    Cons

    Putting up with drama from teammates.

    Advice to ManagementAdvice

    Make sure supervisors are treating their team members fairly.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8.  

    Hire managers that can manage people

    • 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 a year

    Pros

    Benefits, reputation of company, clients, and co workers

    Cons

    Management that is promoted because they were good at a job, not because they have people skills or management experience.

    Advice to ManagementAdvice

    Create an environment that is less threatening to the pions doing the job, and ensure a level playing field.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    worst place I ever worked

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

    I have been working at Lincoln Financial Group full-time for more than a year

    Pros

    there was a gym in the building we had access to. but that's the only Pro

    Cons

    IT there is horrible and not secure with software and software licenses. management is horrible and rude. other employees make you pay to use the toaster on the floor. So I brought in a free one for everyone to use and they flipped out and had it taken away. too much drama. under paid employees, and everyone seems to be completely disposable.

    Advice to ManagementAdvice

    spend less time on yourself and more on the employees, spend less time pointing fingers and more time just getting the job done and helping each other.

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

    Management needs an overhaul.

    • 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

    The benefits offered were the best part of the job. The 401k plan was superior to most other companies.

    Cons

    The environment is not a welcome one if you do not come with a trust fund. The management is not concerned with the needs of their direct reports.

    Advice to ManagementAdvice

    Listen to what needs to be done to help everyone be more successful.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Sub-Par Company, frustrating work environment.

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

    I have been working at Lincoln Financial Group full-time for more than 5 years

    Pros

    Very authentic senior management, good benefits, mid size insurance company. Managed to survive financial crisis, but not immune to another crisis.

    Cons

    Very poor middle management, short term goals undermine long term core values of company. Uncompetitive compensation, at best suited for sub-par professions who want to sit for a few years. Advancement opportunities are not given on basis of merit. Waste of budgets every year, tv ads misrepresent internal company realities, but great marketing dept.

    Advice to ManagementAdvice

    Disconnect between Senior management and employees. Problem is mid level management at manager and director level, abuse of power issues. Merit not rewarded, Lincoln would not approve. Outsourcing services and functions very short term benefits, long term risks.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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