Lincoln Financial Group

  www.lfg.com
  www.lfg.com

Lincoln Financial Group Reviews

Updated December 18, 2014
Updated December 18, 2014
216 Reviews
3.4
216 Reviews
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Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
111 Ratings

Review Highlights

Pros
  • Work life balance is excellent in some departments and completely non-existent in others (in 25 reviews)

  • not much I can think of but a great benefits package (in 22 reviews)


Cons
  • The organization preaches work life balance but that's not true (in 8 reviews)

  • not enough room for advancement (in 3 reviews)

More Highlights

Employee Reviews

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  1. 2 people found this helpful  

    Waste of Investors money with poor strategic project management

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

    I have been working at Lincoln Financial Group as a contractor (less than an year)

    Pros

    If you enjoy not working or thinking this is the place for you. Many departments are in their own bubble and won't bother you. They dont even know how their department effects others. Projects are so slow that taking a vacation and coming back where you left off is common. They have a kiosk that offers starbucks drinks at a cheaper cost.

    Cons

    Too many "bosses" so few true leaders. I was hoping to find leadership qualities within this financial institute to help my career growth but rather saw that leadership didn't care to partake in the projects to understand what is truly needed to support the project team. Many times projects either dissolved after months of wheels spinning or morphed into multiple small projects with overlaping objectives. Management continued to bring in more resources from multple consulting companies that offer "best practices" hoping projects would move, but did the opposite and caused more spinning with side activities regarding best practices and not really focusing on making strategic decisions to move the project forward to completion. The company is saturated with third party relationships that continue to fail and slow projects down. There is a clear dividing line between "workers" and "management" that carries too much politics to want to help this company succeed. They turn a blind eye to employees and praise many of the consultants who take others work and add pictures and slides. If you're looking for a career growth and a healthy working environment, I would look else where as they are setting you up to fail within this organization.

    Advice to ManagementAdvice

    Stop looking elsewhere for your answers and try to involve yourself more to make strategic decisions as the leader. Moving deadlines and adding resources doesn't provide the solutions. Own your decisions and be transparent with them to your team otherwise you will not get the support or build the moral for a sucessful team/department. Share your goals and visions FREQUENTLY and take the time to LISTEN to those that are there to support you to reach those goals. Without that relationship there is no motivation to accomplish someone else goals with no purpose. AVOIDANCE and ABSTINENCE will not get the job done or at least not succesfully.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 4 people found this helpful  

    Too many layers of incompetent upper level managers

    • 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 (more than 10 years)

    Pros

    Benefits - including 401(k) and annual incentive bonus

    Cons

    Top heavy management who are disconnected and disinterested in what is going on in the trenches. Always behind on technology.

    Advice to ManagementAdvice

    Discrimination lawsuits are likely if you do not put a stop the good ol' boys club and the special treatment and promotions for their friends. Lincoln talks a lot about the culture and value of their employees, but it is nothing but lip service unless you know someone

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3. 2 people found this helpful  

    Interesting, distant

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

    I worked at Lincoln Financial Group full-time (less than an year)

    Pros

    High pay, relaxed work environment, telecommute

    Cons

    aloof management, remote co-workers, stifling corporate structure/security.

    Advice to ManagementAdvice

    Become more involved in the day to day working of developers

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
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  5. 3 people found this helpful  

    Field office staff is treated horrid by management

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

    I worked at Lincoln Financial Group full-time (more than 10 years)

    Pros

    Benefits,
    some cool holidays off like President's day and Good Friday

    Cons

    Work Every Christmas eve and Black Friday
    If management tells on you to their boss or HR, you never have the chance to explain your own story. Very one sided. You feel like you have no one to turn to and talk to about the pressure you feel from your boss. HR could care less
    Constantly given more and more by management and then told you do everything wrong.
    Never given a compliment or raises.
    Management is constantly driving you to return their calls, do their work, and run their errands (including addressing their own personal Christmas cards from their family!)

    Advice to ManagementAdvice

    Listen to the field staff and pay more to the administrative assistants doing all the work instead of constantly sending management and agents on grand trips. Give better raises and bonuses without taxing the crap out of us. The pay for a new business associate or admin asst is a joke.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Experience with Lincoln, TERRIBLE.

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

    I worked at Lincoln Financial Group full-time (more than 8 years)

    Pros

    Not many good reasons to work at Lincoln. Well, maybe the onsite cafeteria which is great.

    Cons

    The atmosphere, environment is demeaning. People are encouraged to snitch on someone. I.e., if you make a very minor mistake, if your a witness of it, you are expected to report the error his/her manager. Over and over the phrase that brought up is "we only want to hire the best" .

    Advice to ManagementAdvice

    Don't run the company like its a northern company. It's not.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 3 people found this helpful  

    Not a positive experience, extreme work hours

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

    I worked at Lincoln Financial Group full-time (more than 8 years)

    Pros

    Large company with many diverse employees

    Cons

    Extremely inhumane hours with no end in sight. Average 60-80 hours a week, most holidays and weekends. I approached management a number of times to try and address my concerns and was told that was the nature of the job

    Advice to ManagementAdvice

    Work on life balance.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 2 people found this helpful  

    Management - Concord NH. Needs to have Courage and closer oversight.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Contracting/Licensing Consultant in Concord, NH
    Current Employee - Contracting/Licensing Consultant in Concord, NH

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

    Pros

    Generally good benefits and a friendly work environment. Great community presence which I am proud to be a part of in Concord NH.

    The facility is well maintained and a nice environment

    Cons

    Micromanagement, no managerial courage, bias against mature workers, and not an inviting environment for open communication and constructive feed back

    The management seems to be to involved in the day to day operations or totally disconnected. Some managers have had unprofessional behaviors reported over and over. There seems to be a high tolerance for the bad behavior of certain managers.

    The Hartford Team relies too much on the input of the managers on site in concord. Try having a culture assessment performed by an unbiased HR person located offsite and not part of Gateway.

    Advice to ManagementAdvice

    Have courage listen to the issues that are raised over and over about some of your middle management in Concord. You are losing good employees.

    Neutral Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    Challenges ahead.....

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

    I worked at Lincoln Financial Group

    Pros

    Overall, the company provides competitive pay upon hire, good benefits and tuition assistance. Employees are encouraged to pursue continued education when able.

    Cons

    There seems to be a disconnect with mgmt and staff due to a lack of communication/transparency and challenges with accountability among staff. There is also difficultly in maintaining a work/life balance, limited career advancement, outdated technology and unclear company direction. Tied together with a stressful, high pressure work environment with a strong emphasis on numbers is resulting in poor employee morale and high turnover.

    Advice to ManagementAdvice

    Improve the disconnect by taking the time to communicate with the workforce to identify the issues causing the high turnover especially since the more experienced employees are the ones leaving. Develop and enforce strategies to address these issues and focus on improving/strengthening employee retention.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Don't like it here? Wait a second...change will come.

    • 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 (more than 8 years)

    Pros

    If you are in Radnor, there is plenty of opportunity for growth on a corporate level. Not so much in other locations.

    Cons

    Change is a constant. They've tried every management structure/tier system in the book....and still haven't found the right way to lead. There's a lot of talk of employee engagement....the net result of which was town hall meetings with the CEO and logo pens for all employees.

    Advice to ManagementAdvice

    Do something - the same thing - for more than a year and see if it works before changing it.

    Neutral Outlook
    Approves of CEO
  11. 2 people found this helpful  

    No integration between divisions; unprofessional atmosphere at times

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Internal Audit- SOX Intern in Radnor, PA
    Former Employee - Internal Audit- SOX Intern in Radnor, PA

    I worked at Lincoln Financial Group as an intern (less than an year)

    Pros

    -Structured; task-oriented assignments
    -Regularly scheduled meetings are helpful for feedback
    -Open atmosphere; any questions quickly answered by team members

    Cons

    -Work atmosphere can be loud and unprofessional at times
    -Disagreements between employees occasionally divert attention from the task at hand
    -Inconsistent level of communication between management and staff
    -Interns in various business units (i.e. sales / accounting) do not have opportunities to interact
    -No mentor program for interns

    Advice to ManagementAdvice

    Ensure that interns are given a good impression of Lincoln and potentially establish a specific program to keep interns in-house and expose them to business units other than their own.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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