Nationwide Financial

  www.nationwidefinancial.com
  www.nationwidefinancial.com

Nationwide Financial Reviews

Updated October 17, 2014
Updated October 17, 2014
67 Reviews
3.8
67 Reviews
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Nationwide Financial CEO Steve S. Rasmussen
Steve S. Rasmussen
21 Ratings

Review Highlights

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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Contractors beware.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Developer, IT Applications in Columbus, OH
    Former Employee - Developer, IT Applications in Columbus, OH

    I worked at Nationwide Financial as a contractor (less than an year)

    Pros

    If you are looking for sponsorship & don't mind 50+ hours a week then this job is for you. Or if you never worked in IT before it's a great place to get training although you will be required to make up that time.

    Cons

    OT mandatory & on-call required for developers. No added pay or benefit. Just my experience and observation.

    Advice to ManagementAdvice

    Stop abusing the sponsored employee and comparing their no other choice work ethic to those of us that know what you are up to.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Politics Over Performance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Regional Internal Consultant in Columbus, OH
    Former Employee - Regional Internal Consultant in Columbus, OH

    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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Nationwide Financial

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Internal Retirement Consultant in Columbus, OH
    Current Employee - Internal Retirement Consultant in Columbus, OH

    I have been working at Nationwide Financial

    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 ManagementAdvice

    Help the company out by fire yourself.

    Doesn't Recommend
    No opinion of CEO
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  5.  

    Contractors beware of NW

    • Work/Life Balance
    • Culture & Values
    Former Employee - Anonymous
    Former Employee - Anonymous

    I worked at Nationwide Financial as a contractor

    Pros

    The company has many contractors who work there for long-term. Also, management balances the number of FTEs and contractors on a projects. The reason behind the balance is more than just budget.

    Cons

    For starters the company does not pay non-management full-time employees (FTE) well. Their performance evaluation is skewed. I have worked with many excellent FTEs who were rated as fair (2 out of 5) while incompetent FTEs were recognized and promoted. Because many FTEs are not recognized for the excellence, they become competitive and vile towards contractors. The reason for this is because the company cultivates a negative culture towards contractors. The company goes out of their way to make a distinction between FTEs and contractors.

    Doesn't Recommend
    Negative Outlook
  6.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Internal Wholesaler in Dublin, OH
    Current Employee - Internal Wholesaler in Dublin, OH

    I have been working at Nationwide Financial full-time (more than an 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

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Good benefits, bad people

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

    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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

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

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

    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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Great corporate experience, but lacking in leadership and growth.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Dublin, OH
    Former Employee - Anonymous Employee in Dublin, OH

    I worked at Nationwide Financial

    Pros

    benefits & corporate experience are the pros.

    Cons

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

    No opinion of CEO
  10.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Inbound Sales in Dublin, OH
    Former Employee - Inbound Sales in Dublin, OH

    I worked at Nationwide Financial

    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 ManagementAdvice

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

    Doesn't Recommend
    No opinion of CEO
  11.  

    Average at best...slow dinosaur

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

    I worked at Nationwide Financial

    Pros

    Nice people who try hard

    Cons

    Lack of lsenior leadership. Continual churn is disturbing.

    Advice to ManagementAdvice

    Continuity helps

    Doesn't Recommend
    Disapproves of CEO

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