Prudential Reviews

Updated October 20, 2014
Updated October 20, 2014
656 Reviews
3.3
656 Reviews
Rating Trends

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Prudential Chairman and CEO John R. Strangfeld
John R. Strangfeld
342 Ratings

Review Highlights

Pros
  • Work/Life balance is good but still depends on what team you belong (in 88 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Part time work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Global Realty in Atlanta, GA
    Former Employee - Global Realty in Atlanta, GA

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

    Pros

    Great agency and leadership in metro Atlanta.

    Cons

    Not understand my global focus Also in mid of real estate crisis, closed office in my area.

    Advice to ManagementAdvice

    Look at global business opportunity

    Recommends
    Positive Outlook
  2. 1 person found this helpful  

    Learning Experience

    • 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 (less than an year)

    Pros

    Ability to work on a vast amount of high level projects

    Cons

    Limited resources, haste project requests

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    An Excellent Employer

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

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

    Pros

    Prudential was an excellent place to work. They value diversity. They respect all employees. They place ethical behavior & practices in high regard. They instill in you the importance and value in respecting Customers. I worked there for 15 years and grew to understand, respect, and appreciate them as a company. I would highly recommend seeking them out if you feel you would be a good fit.

    Cons

    Things sometimes take time to change. Think of the analogy of the time and effort it takes to take a huge ocean liner to change course. Certain things can and must get done quickly. However many things take a fair amount of time to come around and change.

    Advice to ManagementAdvice

    Continue being open to creative and even divergent thinkers and their opinions. Genius was never found standing in line - following the pack. Genius contributions are often found in places (people) with the rough edges. "It's the grain of sand, the irritant, that stimulates the pearl." Keep that in mind.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Down To Earth, Great Place to Work

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

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

    Pros

    The people are so welcoming, intelligent and motivated. They are so helpful in explaining things and taking the time to share their knowledge and expertise with interns. They are very focused on balancing work and life for interns by limiting hours to 40 a week (can work over if need be).

    Cons

    Office is moving further away from the train station in the next year (will no longer be connected)

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great

    • 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 (more than an year)

    Pros

    Great Place to Work and good management

    Cons

    Need more attention to detail

    Recommends
  7.  

    OK

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Prudential

    Pros

    Provided great benefits and a nice work environment

    Cons

    Promotions were non-existent without a degree

  8.  

    One of the most difficult careers to succeed, but can also be one of the most rewarding.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Springfield, IL
    Current Employee - Financial Advisor in Springfield, IL

    I have been working at Prudential full-time (more than 5 years)

    Pros

    One of the best life experiences, career development and training programs are a major plus. Benefits, both retirement and current employee benefits a plus. Helping clients reach their goals, retirement, and protecting their families is by far the best part of the job.

    Cons

    Extremely long hours, very little pay in first 4-5 years. Company says 20% make it 4 years, personal experience showed its less than 5%, it might be more like 20% who make it 4 years survive the career.

    Advice to ManagementAdvice

    Reward and compensate local management and staff more for keeping employees 2+ years instead of giving the majority or their pay and bonuses for recruitment of new reps and for their 1st years production. All it's done is increased the turnover and given the company a reputation for throwing their sales reps to the wolves the day their 1st year is over.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    Great if you're either amazing at sales or you already have a book of clients.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Professional Associate in Shelton, CT
    Current Employee - Financial Professional Associate in Shelton, CT

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

    Pros

    Very good benefits once you become a full time employee.
    Franchise Model - I knew a number of agents who were able to achieve success and essentially had their own business after a relatively short amount of time with the company (2-3 years)
    If you can achieve a certain level of success the compensation model is excellent.
    You basically make your own schedule.
    If you've a fairly active client base and comfortable selling to them you will do very well.
    If you're talented or well versed at cold call sales you can do very well.

    Person experience and pros: I wanted to transition from a career I was very unsatisfied with and I Interviewed for a few sales job and accepted this one with no pay until I made 5 sales within six months. I also had to complete 3 licenses and the company training. Seems easy enough, right? Nearly bankrupted myself until I had a number of sales hit weeks before the 6 months was up. I was pretty good at selling life insurance, however LI doesn't pay very well unless you're selling massive, expensive policies. I had a few great months and a few horrible ones. I decided I didn't have nearly enough money in my coffers to succeed at this job with risking financial ruin and used my experience to get a more stable sales position.

    Cons

    No base salary and you're spending your own money for gas with no reimbursements.
    Difficult job if you don't know many people with money or in the need of your services.
    You'll end up hustling your friends.
    If a sale falls through at the wrong time you'll end up in the hole for your pay.

    Life insurance is something people are not willing to spend a lot of money on so I didn't make too much. The real money in this job is in investments and annuities. I was able to partner up with some very talented agents and make some decent sales with decent commission checks. I ended up taking a few weeks off for personal reasons (totally scheduled and expected) and I was unable to recover and was not willing to work for zero compensation and still be expected to pay for my gas to go on appointments.

    Advice to ManagementAdvice

    I can't say I blame management for running the business this way. Sales is ALWAYS a high turnover field with a small number making a successful career out of the job. I don't see why they'd pay a base salary to someone unless they're able to drive results. It just sucks when you're on your own and trying to make ends meet when you don't have a paycheck coming in.

    Recommends
    Positive Outlook
  10. 4 people found this helpful  

    Overall excellent experience, although I was laid off after more than 10 years

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

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

    Pros

    The benefits and work/life balance. Management is very supportive of work/life balance including telecommuting, occasional work from home, varied schedule, work in an alternate location, etc. Senior Management is very strong, as evidenced by Prudential's journey through the 2008 financial crisis.

    Cons

    Quick to hire and quick to fire. Prudential is very overfunded in their pension, so they are not hesitant to do lay offs and pay out severance. Most of the time, this occurs because you happen to be in the wrong business unit, or organization. Or.... your work is outsourced. What they don't do, is try to get you placed in anticipation of a lay off. Recently over 100 were laid off, yet there were over 600 jobs advertised internally. This is clearly an opportunity for HR.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great people and benefits, Low base pay

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

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

    Pros

    Great people
    Opportunities to grow and senior management supports talent mobility
    Very Good Benefits Package includes Tuition Reimbursement
    OK Work/Life Balance (depending on group)
    Overall great culture

    Cons

    Low base salary compared to Industry average
    Significant room for systems improvement which would reduce overtime hours

    Advice to ManagementAdvice

    Pay base on experience and performance

    Recommends
    Positive Outlook
    Approves of CEO

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