Prudential

www.prudential.com

Prudential Reviews

Updated January 25, 2015
Updated January 25, 2015
703 Reviews
3.5
703 Reviews
Rating Trends

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

Review Highlights

Pros
  • Work/Life balance is good but still depends on what team you belong (in 91 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 26 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 3 people found this helpful  

    Excellent career potential

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

    I have been working at Prudential

    Pros

    The large corporate environment has a great deal of potententional. Managers are available to assist and maintain development. Flexible work arrangements and a commitment to improved quality of life generate a more devoted and happy workplace. Compensation is very comparable to the market.

    Cons

    Movement can be slow at the corporate level, due to the large organizational structure. Because of the PTO policy, most staff come to work when sick rather than forfeiting a PTO day which combines sick & vacation days. Annual reviews are looked at as a task rather than as a process to improve the employee, or recognize a job well done.

    Advice to ManagementAdvice

    Create a sick day policy. Recognize top talent and reward/promote quickly. Perform reviews more than once annually.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Actuarial Summer Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Actuarial Intern in Hartford, CT
    Former Employee - Actuarial Intern in Hartford, CT

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

    Pros

    I had a lot of support and there was plenty of interesting work. The people were also great and I attended a few outings.

    Cons

    It was only for the summer.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 3 people found this helpful  

    Pru State of Work

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

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

    Pros

    Ok so far. Not the greatest but it's a lot better that most others i have worked for in the past. Good vacation package, Decent compensentation and Flexible work arrangements depending on your direct Manager

    Cons

    Getting the deserved promotion can be tasking if you are not political enough or always towing to your managers.

    Advice to ManagementAdvice

    Do a better job at giving opportunities for career development and promotions to deserving staff.

    Recommends
    Positive Outlook
    Disapproves of CEO
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  5. 3 people found this helpful  

    Current employee not in the Actuarial Leadership Development Program.

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

    I have been working at Prudential

    Pros

    Great place to work and develop skills. Excellent benefits package. 401k and Cash Balance pension plan. People are amazing and manager actually cares.

    Cons

    None really. Except if you work in actuarial and aren't in the Actuarial Leadership Development Program (ALDP). ALDP students work less hours, get more study time, get promoted just for passing exams (not for working hard), get bigger raises for exams than other students. Overall, they get paid more to do less, it's pretty pathetic. I'd take a student from the Consulting Actuarial Development Program (CADP) over the ALDP any day. CADP students are well rounded, can complete a project from start to finish (not just a small part, without understanding how it fits into the big picture), can present to peers as well as clients and they get paid less to do more.

    Advice to ManagementAdvice

    Treat the Actuarial talent equal or you'll continue to lose talent. More students will go to the ALDP, so they can spend less time doing work and getting paid more for it. It's exhausting continually having to try to recruit new talent only to see them ask to go to the ALDP for more money and less hours. Not to mention the battles with HR that are required to give out promotions to non-ALDP students. The inequity is intolerable and needs to stop.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great company to work for

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Prudential

    Pros

    Respectful environment, fair compensation, good benefits

    Cons

    Can't think of any right now

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    great company

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

    I have been working at Prudential

    Pros

    -Everyone is very nice, friendly, wants you to succeed
    -Many opportunities for growth
    -Very diverse
    -Great cafeteria with reasonable prices
    -Security parking, buses between buildings and train station

    Cons

    -I can't think of any t the moment

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Great place to work

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

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

    Pros

    Excellent benefits, professional atmosphere. Helpful people and personal accountability.

    Cons

    Mostly big corporate stuff...Cliques, secrets, may sometimes feel like a machine cog. Chance at poor local management.

    Advice to ManagementAdvice

    None.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Actuary

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

    I have been working at Prudential

    Pros

    Huge company with lots of opportunities for talents to move around.
    Great Work/life balance for actuaries

    Cons

    Like other old and stable companies changes are slow and large scale projects take forever. This cones with the scale.

    Recommends
    Positive Outlook
  10. 1 person found this helpful  

    Good company but lacks work/life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Leader in Scranton, PA
    Current Employee - Project Leader in Scranton, PA

    I have been working at Prudential

    Pros

    Good pay & benefits. They offer a flexible work schedule that make it easy to schedule routine dr appointments that you may otherwise

    Cons

    No work life balance
    Proper training is not always given

    Advice to ManagementAdvice

    Realize that you are asking too much of employees when you expect to be available 12 hours a day for weeks at a time.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Beware

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

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

    Pros

    Great company.
    Great benefits.
    Lots of perks and it can be a good place.

    Cons

    They screwed a lot of newer agents with a contract change in the middle of their current one to go statutory sooner than what they signed for. If you are new to being a financial advisor the first few years are crucial and you're not making a lot of money. Having the rug pulled from under you to get the privilege of paying for a cube and your E&O way sooner than you can afford to. I can't tell you how many people have left because they end up workin for free, after they have blown up their personal finances.

    Advice to ManagementAdvice

    How about doing more to support and retain your new org. I know there are competitors that start newer people with a small base until you get along in the business. Pru loses good people because they can't afford the job. How about getting better training and licensing. The training is a stupid online training that pertains to next to nothing related to the job, and the in class CDP training is worthless. Better licensing gives your reps better tools and arms them to become better investment and retirement specialists that prudential wants to become. Rather than the minimum licensing to just get them onboard and see what happens if they can make it.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Prudential Response

    Jan 26, 2015Social Media Manager

    We value the feedback we receive here on Glassdoor. This information is valuable as we assess our processes and programs. If you’d like to discuss more, feel free to email us at ... More

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