Lincoln Financial Group Reviews

Updated October 15, 2014
Updated October 15, 2014
203 Reviews
3.4
203 Reviews
Rating Trends

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

Review Highlights

Pros
  • They do offer a good Work-Life Balance compared with other companies in the Financial Services Industry (in 23 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 7 reviews)

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

More Highlights

Employee Reviews

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  1.  

    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 (more than an 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
  2.  

    Good overall and stable but outdated technology and no HR organization

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

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

    Pros

    Nice people and decent benefits. A conservative company that's not taking big financial risk

    Cons

    Very isolated and segmented. Nobody understands what the other areas of the business do. No integration of systems. For a company that has teams in all different locations you'd think they'd get video conferencing at least. No money spent on the most basic of systems. HR dept is a joke. I left voluntarily but they didn't even do an exit interview which is weird for a large corporation. There's a lot of tension between the different locations as everyone is afraid of losing jobs through layoffs and relocation to the corporate office in Philly.

    Advice to ManagementAdvice

    Management rarely listens to employees. Why would they start now.

    Neutral Outlook
    No opinion of CEO
  3.  

    Good people

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

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

    Pros

    The local employees were great to work with.

    Cons

    Senior management changed for the worse. Lincoln is not the same company that it once was.

    Advice to ManagementAdvice

    go away...

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    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 (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
  6.  

    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
  7. 1 person found this helpful  

    A great place to start your career

    • 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

    Pros

    Management believes in promotion from within. There are multiple growth opportunities and hard work does not go unnoticed.

    Cons

    Workloads can be heavy from October-March. If you are not willing to put in extra hours during this time of year you may become overwhelmed trying to keep up.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 4 people found this helpful  

    Amazing Company!!!

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

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

    Pros

    Lincoln is a great company to work for! In my four years there, I've noticed a continuous strive for improvement, a strong bond between the employees, and a well-rounded work-life balance. This company does an amazing job of balancing extrinsic and intrinsic rewards and maintaining a fair and honest culture.

    Cons

    Very seldom am I speechless but I honestly can't think of any cons for this company.

    Advice to ManagementAdvice

    Keep up the great work and continue to involve and support employees and we'll keep growing!

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great Learning Experience and pretty good work-life balance

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

    I worked at Lincoln Financial Group

    Pros

    The company did a pretty good job at work/life balance and provided me with good training in understanding this field.

    Cons

    Can be demanding at times, depending on the amount of clients.

  10. 5 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 (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
  11.  

    Great benefits, but not great pay or advancement opportunity.

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

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

    Pros

    401k program is excellent. Healthcare costs are pretty low.

    Cons

    Low pay compared to similar companies. Not a lot of advancement opportunities.

    Recommends
    Neutral Outlook
    Disapproves of CEO

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