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.  

    It's what you make it

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

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

    Pros

    This is a sales organization so the focus is on sales. As long as you are in one of the sales divisions you have significant earning and job satisfaction potential. Fantastic 401k match and strong annual bonus potential.

    Cons

    A little weak in health benefits but they make it up with the 401k. Like every company this size, leadership has some pockets of empty suits.

    Advice to ManagementAdvice

    Stop hiring only Merrill people.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Very friendly and helpful people! Great experience!

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

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

    Pros

    Benefits
    Work - Life Balance
    Office culture

    Cons

    None. This organization is a well-greased machine.

    Advice to ManagementAdvice

    Keep it up.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 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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  5. 1 person found this helpful  

    Don't bother working in jobs outside of the sales area

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

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

    Pros

    Good 401k match and work life balance. The company knows how to reward sales people. If you are not involved in sales avoid this company.

    Cons

    The company lacks a clear path to develop internal talent. If your going to join this company don't plan to spend more than 2-3 years there.

    Advice to ManagementAdvice

    Focus on developing the talent that you have internally rather than hiring outside the company for new opportunities.

    Recommends
    Positive Outlook
    Disapproves of CEO
  6.  

    Not Bad, Not Great

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

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

    Pros

    Professional and accessible managers, low turnover.

    Cons

    Lousy, Immature co-workers. Working in the implementation department was like going back to romper room every day. Co workers at times made unprofessional, inappropriate and even racist comments.

    Advice to ManagementAdvice

    Remind employees that when you go to work, you should behave like adults.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  7.  

    Good benefits, flexible with family/work balance

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

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

    Pros

    A lot of departments offer some type of flexibile schedule. The company offers good benefits including medical, vision, dental, 401K, life insurance, LTD, STD, accident and critical illness.

    Cons

    It is hard to move in to a new position - it takes a while. Medical is switching next year to a HSA type plan and there will be no PPO option plan available, so this becomes more expensive for deductibles. Parking is difficult and often full even if you are assigned a garage or surface lot (no assigned spot, just by area).

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  Annandale, VA
    Former Employee - Intern in Annandale, VA

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

    Pros

    Friendly environment, the stuff was very knowledgeable and always willing to help

    Cons

    Long hours,
    There traffic to get to the work place is terrible

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Nice place to work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Group

    Pros

    The people are by far the best!

    Cons

    Leadership communication at times can be lacking. Lots of current growing pains but nothing serious.

  10. 1 person found this helpful  

    Very typical company that is a large corporation.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group

    Pros

    Great 401k plan and benefits. Has on site cafeteria and Starbucks. Lots of opportunity for advancement. Most of management has an "open door" policy.

    Cons

    Contact Center is more focused on stats as opposed to the customer experience. They say they are focused on the customer experience but they equate that only to hold times.

    Advice to ManagementAdvice

    Listen to all of your employees. They are the ones that speak to the customers. If their morale is down because of what management has put in place, change. Taking paid holidays away from employees really hurts morale (granted, when you are being paid 2 1/2 times your pay on a holiday, it helps). But when people make plans for a holiday and then 3 weeks before the holiday, they are told that they will be working, it really hurts morale.

  11.  

    Sales Comp Analyst at Lincoln

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

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

    Pros

    Excellent independence and work environment. Great hands off managers. High level of talent within the workplace. Very quick to adapt to market changes. Good support of independent thinking and promotes continuous improvement in any means you would like to execute.

    Cons

    Limited training opportunities and most of it is voluntary. I personally think training should be mandatory so everyone is on the same page.
    Frequent organizational changes that are some times unecessary.
    Heavy reliance on external consulting when the answer and solutions are already known by the operations/front line employees.

    Advice to ManagementAdvice

    You hire some of the best people in the industry, but that doesn't mean they can rest on their laurels. Ramp up your training program for both sales and operations, especially internals.

    Recommends
    Positive Outlook

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