Prudential plc Reviews
Updated Jan 2, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 15 ratings Employees say it's "OK" |
CEO Rating
Based on 4 ratings
Chairman |
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Pros
good working environment and nice people
Cons
too political and lack of talent management
Advice to Senior Management
people drive the organization and need to place right people in the right position
Pros
Descent paymaster. Hard think of anything else.
Cons
Management is not driven by level of expertise and effort brought in, rather by where you come from! No acknowledgement of hard work. Bureaucracy and politics at its peak where threads reaching HQs.
Advice to Senior Management
Completely change the very top management and bring in competent team leader, who really understands the business and turn this place to business than House of Lords.
Pros
The treatment of the staff by the HR is excellent and a good demonstration of it's caring ethos towards the staff though the same cannot be said of the management of the company.
Cons
Long working hours and a very demanding place - which at times may compromise your work-life balance. The compensation may be fair but the bonus payout leaves much to be desired.
Advice to Senior Management
Relook at the ratio of male-female workforce - this may yet impact on the overall morale of the staff, particularly those on the mid management side.
Pros
I'm talking from the agent's perspective so emplyed staffs, sorry. Good communication between the top management and the employee especially the agency force. Takes feedbacks seriously and the processing of the paper works andclaims are efficient too, though sometimes there are cocks up but a few bugging on the phone will get it done in no time.
Cons
Agent's perspective: Sell or you eat peanuts.
Advice to Senior Management
Agent perspective as usual, should have general insurance products lineups and a basic pay as other companies are poaching away agents with attractive basic + comms packages.
Pros
They buy you a dinner at Christmas if you make the top 50 list ..otherwise it's rice and water....
Cons
Management is by Aliens who do things quite strangely, and people vanish all the time for no apparent reason. Other people quit for no apparent reason other than they are fed up with their friends / work counterparts being treated like wankers.
Advice to Senior Management
Should bring back the man from PRU concept and show some flair rather than Machiavellian BS and keeping people looking over their shoulder daily. Stop being introverted BS'ers and learn how to work in the current world. Use less consultants and trust internal people who are hired to do the job.
Pros
1. Better than expected work-life balance
2. It did feel like a family
3. Good location if you have a car, or traveling by rick.
4. Excellent support from the parent Prudential UK.
5. Employee reviews are dealt well.
Cons
1. Pathetic performance by Indian Executive Team. I am talking about 2009-2011.
2. Pay is not very good... but they are working on it.
3. Backdated software.
4. Poor recruitment.
5. No proper training.
6. Casual environment does not really help the new people to grow professionally.
Advice to Senior Management
1. Try to recruit good people at every level.
2. Raise the pay in planned manner.
Pros
Big company with established brand name, presence in Asia.
M&G in London one of the best employers in UK
Cons
strong hierarchical culture, little focus on performance, poor communication and a lot of inefficiency.
Slow product development, and not too customer focused either.
Very little attention to HR issues, poor employee retention policy, and no comprehensible promotion approach
Advice to Senior Management
Listen more to the people in "the field"
Pros
Good opportunities for development; management fair and willing to make changes necessary for growth.
Cons
Large, complex company - can sometimes slow down decision making.
Advice to Senior Management
Keep communicating openly.
Pros
Challenging, fast paced work environment, excellent management team,open door policies, internal career growth opportunities.
Cons
Some of the processes were redundant.
Pros
Very flexible; decentralized; good working environment.
Cons
Poor time management; inefficient communication channels; lack to top management coordination; over relaxed sometimes.
Advice to Senior Management
They need to transfer from task-focus to people-focus asap.

