Prudential

  www.prudential.com
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Prudential Reviews

Updated Jul 23, 2014
All Employees Current Employees Only

3.3 598 reviews

85% Approve of the CEO

Prudential Chairman and CEO John R. Strangfeld

John R. Strangfeld

(313 ratings)

64% of employees recommend this company to a friend

Review Highlights

Pros
  • Work/Life balance is good but still depends on what team you belong(in 80 reviews)

  • Good benefits package - new employees are still eligible for a pension(in 35 reviews)


Cons
  • The work/life balance of sales will drive most to leave within the first few years(in 24 reviews)

  • 15 appoiuntments unless is is your personal friends and family(in 7 reviews)

598 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good Place to Work

    Anonymous Employee (Former Employee) Shelton, CT

    ProsGood culture, benefits, location, overall great group of people.

    ConsInternal hiring makes it difficult to gain perm. employment.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    Contract Specialist

    Contract Specialist (Former Employee) Roseland, NJ

    ProsGreat place to work! Pru really stretches you outside your comfort zone. Pru build leaders at all levels. Loved working for Prudential.

    ConsJob outsourced to India. So so sad

    Advice to Senior Managementincreased pay is always great!

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Solid Intern Experience

    Anonymous Employee (Former Employee)

    ProsFlexible and understanding management. Solid education and development. Pay was very good compared to the industry.

    ConsOffice was a little bit sluggish, but it improved during my experience there. May just be cyclical.

    Yes, I would recommend this company to a friend

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    Great Company

    Anonymous Employee (Former Employee)

    ProsPrudential offers great benefits, fair salaries, work life balance and a lot of extra benefits you will only find at a large organization.

    ConsYou will find the typical office politics often found at large organizations with a diverse group of employees. In some of the departments you will also find the favoritism obstacle in advancement.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Your experience will vary.

    Director (Current Employee) Woodbridge, NJ

    ProsGood benefits package - new employees are still eligible for a pension. Many people can find a good work life balance. If you need to work long hours on a project, you can usually do it from home.

    ConsHighly controlled environment tends to stifle quick solutions and creativity. Difficult to move between departments.

    Advice to Senior ManagementAllow employees more flexibility to use outside, internet, tools to perform their job.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Troubled company because it never moves forward and centers on mediocrity.

    Marketing Director (Former Employee) Newark, NJ

    ProsCompensation is fair, some locations are okay.

    ConsExcellence is not recognized or rewarded.

    Advice to Senior ManagementCompany moves toward mediocrity.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Great company with poor management

    Operstions (Current Employee) Portland, TX

    ProsGreat benefits
    Flexible hours
    Strong salary
    The company is always working to improve itself and its environment

    ConsVery poor management- if you are a go getter and looking to advance, then you will want to look elsewhere. Management should not be able to

    So many opportunities are only in NJ so if you don't want to go to NJ then you have very few options to advance

    Advice to Senior ManagementTake action against managers when issues/concerns are voiced. People leave when they feel they don't have a voice and they aren't getting the support they need.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    It's pretty good, but not without flaws.

    Actuary (Current Employee) Newark, NJ

    ProsGreat health, dental, and vision care. In fact, all their benefits are pretty good. You get a lot of PTO, too, and working from home is encouraged. Prudential really does care about helping you get the rest of the stuff in life out of the way so you can perform your best when you're on the clock.

    ConsSalaries are pretty low for the work and region. Just about everyone I know outside of Pru is getting paid more than me.

    Big focus on doing something in the "Prudential way", even if that's admitted to be inefficient. Results in some clunky, inefficient procedures that waste asssociates time.

    Tech standards are WAY outdated - we're still on Lotus Notes for crying out loud! The firewalls and Internet blocking policies are ineffective and condescending, too. Sometimes they block you from getting to information that'd help you at work, and if people really want to slack off, they'll just find another way to do it.

    Advice to Senior ManagementMove our IT systems into the 21st century. It's only slowing us down.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    All good things must come to an end

    Billing Representative (Former Employee) Dresher, PA

    ProsBenefits are great, training is excellent. Employees are encouraged to perform at their best. Telecommuting is possible, work/life balance is excellent. Total compensation package was great including discounted company stock purchases, 401K contributions, pension plan, medical, dental vision, free life and ADD coverage, free STD coverage, free legal coverage. Upper management is great at providing clear vision of where they want to be and how they are going to get there.

    ConsPrudential has gone through major structure changes recently in that jobs have been sent offshore. Hundreds of jobs have been lost through downsizing. Employees are encouraged to perform at their best but sadly are not compensated enough. Thoughts are Prudential is looking at the "bottom line" without considering the impact of their decisions afa how many people are affected by downsizing.

    Advice to Senior ManagementConsider those who you are impacting by your downsizing decision. Ask yourself why so many of your client's have left and gone to other carriers. What do you think your producers are saying about you.

    No, I would not recommend this company to a friend

     

    Performance review process

    Anonymous Employee (Current Employee)

    ProsLarge well known company, overall the company culture is very positive. But there is also a lot of "dinosaurs" in this company from the Skandia days. They need to clean house at some point and get fresh minds in there to make some impactful changes. Otherwise, the new hires eventually start to think like the dinosaurs and can never develop and actually go backwards in their development.

    ConsThe review process is ridiculous. You are rated twice a year....year end and mid year. There is a 360 degree process whereby you must request feedback from people you have worked with during the year and/people you interact with on a daily basis within your group. Also, be careful because if you have done ONE thing that isn't perfect, you can be sure it will show up on your review...so advice here is you must be friendly with every single person and on your best behavior at all times, otherwise there will be a meeting and collaboration amongst management and this will definitely show up on your review...no doubt. Again, this process is awful, no one in this company likes it and it's too, too long of a process. Most companies have a "normal" review process whereby you are directly rated by your direct boss...none of this nonsense that goes on here.......and it takes months to complete because management will rehash and meet several times before they are in a final agreement with someone's review. Terrible, terrible process.

    Advice to Senior ManagementGet rid of this ridiculous performance review process.

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