Prudential

  www.prudential.com
  www.prudential.com

Prudential Reviews in New York City, NY

Updated November 20, 2014
Updated November 20, 2014
673 Reviews
3.4
673 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Prudential Chairman and CEO John R. Strangfeld
John R. Strangfeld
353 Ratings

Review Highlights

Pros
  • Work/Life balance is good but still depends on what team you belong (in 89 reviews)

  • Good benefits package - new employees are still eligible for a pension (in 41 reviews)


Cons
  • The work/life balance of sales will drive most to leave within the first few years (in 25 reviews)

  • 15 appoiuntments unless is is your personal friends and family (in 8 reviews)

More Highlights

192 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Prudential Review

    Former Employee - Intern in Newark, NJ
    Former Employee - Intern in Newark, NJ

    I worked at Prudential as an intern (less than an year)

    Pros

    I enjoyed being part of a team in the treasury department where I worked on a variety of projects and had some exposure to senior management. The culture was good, and people were generally nice.

    Cons

    There wasn't much on the job training, with the expectation that you came out of a school program knowing everything about finance and accounting. In addition, promotions seemed arbitrary, and while some people moved laterally, others stayed in the same position without moving up for years.

    Advice to ManagementAdvice

    Management should consider paying employees more, investing more in training, and stating clearer guidelines about promotions.

  2. 1 person found this helpful  

    Very political

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Newark, NJ
    Current Employee - Manager in Newark, NJ

    I have been working at Prudential full-time (more than 10 years)

    Pros

    You can move around and the benefits are good

    Cons

    Very political, doesn't matter how good you are, you basically have to develop yourself

    Doesn't Recommend
    No opinion of CEO
  3. 1 person found this helpful  

    A rock solid company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Professional in New Brunswick, NJ
    Current Employee - Financial Professional in New Brunswick, NJ

    I have been working at Prudential full-time (more than an year)

    Pros

    Solid financials. High ethical standards. Excellent reputation to the public and investors. Exhaustive product training. Compensation (average for large company), but not a Wall Street compensation package. Conservative atmosphere. Good brand recognition.

    Cons

    Personal growth is hard to measure as company is bottom-line focused-not employee focused. Frugal to the point of inefficiency. Low tech. Ineffective business and/or ideas training - You'll get out of it what you bring to it. You're on your own for new business development. Low tech, but trying to improve platform (5 years behind industry). Incentives apply to top producers. Low morale for a sales organization. Hard to imagine spending the years needed for a career with the company.

    Advice to ManagementAdvice

    The company is and "feels" cheap toward it's sales force -- not the fault of individual agencies, but the attitude comes down from corporate management. Poor (ineffective) intra-company communications, but it's clear that upper management doesn't get it. The "us and them" stodgy corporate culture is not easily overcomeable. Remedy: invest in intra-company liasonship. Invest in trickle-down. Improve communications apart from exhaustive intra-departmental emailing.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Excellent place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Analyst in Newark, NJ
    Current Employee - Systems Analyst in Newark, NJ

    I have been working at Prudential full-time (more than 8 years)

    Pros

    Very professional, supportive company to work for, whether one is a parent trying to advance while balancing work/life, a student fresh out of college or a seasoned employee looking for growth opportunities.

    Cons

    It is an insurance company so might be a bit slow for some.

    Advice to ManagementAdvice

    Keep up the good work.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful  

    World class employer; diverse, inclusive, and poised for even more growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager, Information Systems in Newark, NJ
    Current Employee - Manager, Information Systems in Newark, NJ

    I have been working at Prudential full-time (more than 10 years)

    Pros

    Leadership is committed to meeting market expectations, but also to the associates who drive that value. Management's tone at the top is that of diversity and inclusion, of ethical practices, and continued improvements. I've never had bad things to say about Prudential.

    Cons

    As opposed to the company's leaders, local management (mid-level) can be tone deaf and reactive. Tight budgets in one department may lead to quiet layoffs and eliminating talented staff who may have been better utilized. Other areas may have managers who may have been promoted to more senior positions, but never learned how to develop vision and strategy. The result is a wonderful company whose employees experiences' differ greatly depending on the management team. Work-life balance and other factors also vary by job type.

    Advice to ManagementAdvice

    Managers often get promoted because they are good managers, but at some point the good ones pivot and begin leading. Building a successful team, department, division, segment, or company is about having a vision and executing plans toward it. It's also about getting associates to perform their best by keeping them engaged and inviting them to participate in creative ways. Prudential could do a better job emphasizing that "pivot" to Directors and above, and cultivating an environment where it is implemented consistently.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Company is great to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Professional in New York, NY
    Current Employee - Financial Professional in New York, NY

    I have been working at Prudential full-time (more than 8 years)

    Pros

    Part of the rock, too big o fail. No matter who you are your voice is heard.

    Cons

    I would like to see more commercials

    Advice to ManagementAdvice

    Lets make it a better household name through advertisements

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    It has been good so far, not really perfect.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager, Information Systems in Newark, NJ
    Current Employee - Manager, Information Systems in Newark, NJ

    I have been working at Prudential full-time (more than 8 years)

    Pros

    A lot of friendly people to work with. The salary is also competitive. It also create a lot of challenging atmosphere for folks who are interested in getting a lot of good skills and building up on experiences.

    Cons

    Limited opportunities for career advancements for a lot of IT employees. Also, some supervisors do not take time to understand their surbodinates better.

    Advice to ManagementAdvice

    More training for employees is suggested. Upper management should work on creating more opportunities for career advancements and promotions for hard working individuals.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Pompous leadership, back stabbing management

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

    I worked at Prudential full-time (more than 3 years)

    Pros

    Good overall benefits....and training opportunities.....that's about it.

    Cons

    Don't ever turn your back, poor leadership and very pompous....worst position I have ever held.

    Advice to ManagementAdvice

    Find a direction......

    Doesn't Recommend
    No opinion of CEO
  10.  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in Roseland, NJ
    Current Employee - Director in Roseland, NJ

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

    Pros

    Cares about it's employees, good work-life balance (flexible work schedule, telecommuting, etc.), great work culture, very ethical, good fitness center & fitness programs

    Cons

    Pay is probably average at best compared to most companies; should do more promoting from within rather than hiring so many external VP's that don't know the business as well

    Advice to ManagementAdvice

    place more value on employee performance through promotions and larger salary increases

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Planning Specialist

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

    I have been working at Prudential full-time (more than an year)

    Pros

    Good company, good benefits. Flexible hours. Good work life balance. Lots of room for advancement.

    Cons

    I should of negotiated a better salary. I feel under pay compare to my peers at other companies. Everyone has so much tenure. Most people I meet have been working with the company for 15 plus yeas. Which is a good thing but I must believe there is a lot of complacency.

    Advice to ManagementAdvice

    Hire more new people a senior level!

    Recommends
    Positive Outlook
    Approves of CEO

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