Manulife Financial Reviews

Updated March 27, 2015
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3.7
172 Reviews
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Manulife Financial President and CEO Donald Guloien
Donald Guloien
130 Ratings

172 Employee Reviews

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  1. A good company to work for with good compensation.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Audit Manager in Toronto, ON (Canada)
    Current Employee - Audit Manager in Toronto, ON (Canada)

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

    Pros

    Flexible working conditions
    excellent (new) office environment and technology that allows us to be efficient
    good management that wants to achieve good results

    Cons

    The team that I work in does not have a lot up upward movement due to limited positions.

    Advice to ManagementAdvice

    Continue to focus on refining the practice. Also, make sure that training and development is a high priority.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 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 Manulife Financial

    Pros

    Great Company for career deveoplment

    Cons

    hard to build management skills

  3. Flexible with a good work/life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Current Employee - Benefits Specialist
    Current Employee - Benefits Specialist

    I have been working at Manulife Financial

    Pros

    Large company with lots of opportunities combined with fair compensation.

    Cons

    Like any large company there will always be "behind the scenes" politics.

    Advice to ManagementAdvice

    Be open and up-front.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. Senior Auditor

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

    I have been working at Manulife Financial

    Pros

    Great Company, good work life/balance

    Cons

    More secondments would be beneficial

    Advice to ManagementAdvice

    Keept it going

  6. Great alternative to the big banks in Canada.

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

    I have been working at Manulife Financial

    Pros

    Great/friendly people to work with!

    Cons

    Difficult to move around in capital markets related areas.

    Recommends
    Positive Outlook
    Approves of CEO
  7. too many divisions with different focus

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

    I worked at Manulife Financial

    Pros

    good benefits and hardworking employees

    Cons

    management not consistant across all divisions....employees not treated equal across the company

  8. Risk Analyst

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

    I worked at Manulife Financial

    Pros

    The workplace culture and the management team are very good. Everyone is very friendly and helpful. The work is interesting and the hours are good. They hire a lot co op students, many opportunities there.

    Cons

    Not easy to get promoted. You only know people within the group. Not many chances to talk to different departments. If you want to move up quickly, then maybe it's not a good place for you.

    Advice to ManagementAdvice

    The management is good there. People are open to discussion. In general, it's a great company to work with.

    Recommends
    Positive Outlook
    No opinion of CEO
  9. At Head Office in Toronto - It all depends...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Middle Management in Toronto, ON (Canada)
    Former Employee - Middle Management in Toronto, ON (Canada)

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

    Pros

    Some extremely bright people work here. The work can be very interesting and there are lots of opportunities to learn. The head offices are very pleasant.

    Cons

    It varies widely by department, but in some, there is a very definite glass ceiling for women.
    The culture is extremely highly political - often to the detriment of getting some things accomplished in the best way.
    The company has a tendency to burn people out, and then discard them (literally or figuratively). No work/life balance allowed if you want to get ahead.
    A significant number of people "hide" to try not to draw too much attention to themselves. Not a nurturing culture at all - more dog-eat-dog type of culture.
    Too many meetings which rarely start or end on time !!!

    Advice to ManagementAdvice

    Cut back on the politics and the meetings.
    Stop burying unpleasant things under the carpet - solve them like we used to 15 years ago !!!
    Don't set people up to fail, and don't expect them to work 24/7.
    Reward and encourage people who excel, and don't play favourites.
    Make it fun and challenging to go to work again.
    And please, please, post all internally available positions rather than giving them to your favourites !!!

    Doesn't Recommend
    Neutral Outlook
  10. Treat employees fairly, lots of autonomy, progressive company.

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

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

    Pros

    Very innovative for a large insurance company, focused on implementing a client focused strategy, lots of opportunities within the company.

    Cons

    Some departments are faced paced, very competitive and can feel cut-throat. Some thrive in this environment, others are not a fit.

    Advice to ManagementAdvice

    Continue to listen to front line employees who are in touch with the firm's clients and implement changes to better serve the clients (financial advisors) who are the company's distribution arm.

    Recommends
    Positive Outlook
    Approves of CEO
  11. I love the culture

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

    I worked at Manulife Financial

    Pros

    Fun at work, nice colleagues, lots of travel

    Cons

    High pressure, very fast paced

    Recommends
    Positive Outlook
    Approves of CEO

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