Nationwide Financial Reviews

Updated August 17, 2015
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4.1
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Nationwide Financial CEO Steve S. Rasmussen
Steve S. Rasmussen
28 Ratings

Pros
  • Sometimes the work/life balance could be better (in 6 reviews)

  • Great people and a great leadership team (in 5 reviews)

Cons
  • You may not get rich at Nationwide, but you can make good money and have a work life balance (in 3 reviews)

More Pros and Cons

76 Employee Reviews

Sort: Popular Rating Date
  1. Nationwide Financial

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Internal Retirement Consultant in Columbus, OH
    Current Employee - Internal Retirement Consultant in Columbus, OH
    Doesn't Recommend
    No opinion of CEO

    Pros

    Get to work with great external sales partners. They offer you 20 Days PTO and have ok benefit plans.

    Cons

    You will work for the most uneducated management staff. They have no idea how to run an internal sales department and will treat you like a number. There is no opportunity for growth and no training available. If you want to settle in life and take orders from a robot, this is the job for you.

    Advice to Management

    Help the company out by fire yourself.


  2. Politics Over Performance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Regional Internal Consultant in Columbus, OH
    Former Employee - Regional Internal Consultant in Columbus, OH
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Nationwide Financial full-time (More than 5 years)

    Pros

    They sponsored me for my Series 6

    Cons

    Hard work is not valued at this company. Results are not a basis for promotion. Neither is product or industry knowledge. If you'd like to move up, practice your political skills and don't rock the boat. Nothing should ever be questioned.

    Advice to Management

    Create a culture that values creativity, hard work, passion, and dedication instead of one focused on playing perfectly in the sandbox.


  3. Nationwide - All about the money....for the higher ups

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst, Desktop Services in Columbus, OH
    Current Employee - Senior Analyst, Desktop Services in Columbus, OH
    Doesn't Recommend
    Disapproves of CEO

    Pros

    +Immediate co-workers are, for the most part, great. +Decent facilities at the home office, for many things needed during your daily activities. +They give you a paycheck.

    Cons

    -Poor management at all levels. -Promotions are based on everything but performance and ability. -Cronyism runs rampant. -Pay scales are a joke. -The leadership does not care about the people that actually get the job done. -Advanced degrees are used against you for promotions. -Work/life balance is only achieved if you have 0% life and 100% work. -You rarely have the tools needed to do your job. -Offering opinions for positive changes immediately gets you labeled as a troublemaker. -Everything is political.

    Advice to Management

    Stop promoting morons to management positions. If everyone on a team files complaints on a "manager" and the performance of this so-called manager is lacking, remove them from management. Do not let them carry on for years and then give them promotions. Beyond that, when a manager is identified as a problem and they are removed from their jobs, do not let them fill out performance reviews for the people who filed complaints against them. If someone has a long background in an area and could be considered a subject matter expert, stop ignoring their input. I have been in meeting after meeting where a former sales person has demanded changes to application and business rules. These changes directly conflict with guidelines, rules, and regulations, but management always allows them. Several months later, there is always a mad scramble to fix the mistakes made. In fact, if a person has zero technical knowledge and/or background, please stop letting them be in charge of technical teams. Instead, promote someone with years and years of management and technical knowledge to lead the team. The results will be better.


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  5. Management talks a good talk, but that is as far as it goes. In other words, they are good at lying to their employees.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Inbound Sales in Dublin, OH
    Former Employee - Inbound Sales in Dublin, OH
    Doesn't Recommend
    No opinion of CEO

    Pros

    If you are fortunate enough to work for an experienced manager, you can expect to be treated fairly. However, once you have been there a few years there look for new blood to abuse.

    Cons

    Low pay and no respect for employees who have been with the company for a few years. Also, managers are a puppet on a string and unable to make decisions for themselves.

    Advice to Management

    Hire managers that know how to manage and care about their people.


  6. Great corporate experience, but lacking in leadership and growth.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dublin, OH
    Former Employee - Anonymous Employee in Dublin, OH
    No opinion of CEO

    Pros

    benefits & corporate experience are the pros.

    Cons

    No growth. Promotes development, but doesn't recognize it.


  7. Once was a great company until new management came in and morale dropped substantially

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service in Harrisburg, PA
    Former Employee - Customer Service in Harrisburg, PA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Nationwide Financial full-time (More than 3 years)

    Pros

    Good coworkers and good on the job training

    Cons

    Difficult to get promoted. It's all about who you know, not what you know Too much favoritism between manager and associates


  8. Good benefits, bad people

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Specialist in Columbus, OH
    Current Employee - Specialist in Columbus, OH
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Nationwide Financial full-time (More than 8 years)

    Pros

    Nationwide as offers decent benefits and pay. There are plenty of different roles, so you are likely to find a job no matter your skill set. Property services such as cafes, library, study rooms, classes, etc. are all good.

    Cons

    The people are difficult to work with and unmotivated. Role clarity is constantly in flux, you rarely know what you're responsible for. Processes are developed around "job security" rather than what is most efficient and cost-effective. Mix these with the constant politicking and you're frustrated before you even come in to the office.

    Advice to Management

    Hold people accountable for the behavior as well as their work quality and ethics. Stop excusing behavior simply because of tenure.


  9. A great place for politicians.. not for true salespeople or hungry professionals

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Internal Wholesaler in Dublin, OH
    Current Employee - Internal Wholesaler in Dublin, OH
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Nationwide Financial full-time (More than a year)

    Pros

    Nationwide will give you a salary, some pretty decent benefits, paid time off ("your time" to use as you wish, whenever you wish, yeah right.. more on that in the cons) and a steady, albeit maddingly boring, job. Coast along and just "make your numbers" and you'll never get fired. Mediocre and not that intelligent? You're welcome with open arms No hard work, ambition, or overtime required If you get in the right place, at the right time, on the wholesaling teams, you can make bank for doing nothing at all pretty much You can hide in the cracks of the massive bureaucracy. Just smile and say some generic phrases like "I'd like to share a best practice" and "synergy is very important right now" and you'll be left alone and praised

    Cons

    Politics unlike anything you'll ever see.... corporate fat cats getting butts kissed Low pay compared to industry You can get stuck very easy, I've seen extremely talented guys get passed over for promotions dozens of times, and they've been in their position, killing it, for 8+ years.... you can get politically blacklisted at the snap of a hat You'll probably never go anywhere, and after a few years they'll start to treat you worse


  10. Financial Advisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    Pros

    Access to a warm market

    Cons

    Lots of strings attached. Business gets taken away from you from other agents. Not want they paint out position to be.

    Advice to Management

    Protect those who earn you your bonuses.


  11. Meh

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Regional Vice President
    Former Employee - Regional Vice President
    Doesn't Recommend
    No opinion of CEO

    Pros

    Difficult to judge as they were in the midst of the whole economic recession. Company car saved me a car payment

    Cons

    Culture of kiss asses. Midwestern philosophy permeated the entire brand. If it were a different time perhaps the stress associated with all would have been different.

    Advice to Management

    Put alittle more thought into your talent evaluation process. If you have a senior executive driving a ford 500 it can sort of ruin his / her image



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