Prudential plc Reviews

Updated August 19, 2014
Updated August 19, 2014
40 Reviews

3.3
40 Reviews
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Prudential plc Chief Executive Tidjane Thiam
Tidjane Thiam
7 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Extremely hierarchical with outdated management style

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Prudential plc for more than 3 years

    Pros

    Relatively good benefits including pension and Share options.

    Cons

    Highly sexist and very hierarchical organization that does not support employee development or growth. Promotions will likely need to be sought outside the company. Culture of blame, and lack of accountability on the part of Directors.

    Advice to ManagementAdvice

    More focus needs to be put on having senior executives engage with staff, to increase employee morale, and offer more opportunity for 360 degree feedback to hold managers accountable.

    Doesn't Recommend
    No opinion of CEO
  2.  

    Would not want to work again !

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Semi Senior Management  in  Dubai (United Arab Emirates)
    Former Employee - Semi Senior Management in Dubai (United Arab Emirates)

    I worked at Prudential plc

    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 ManagementAdvice

    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.

    Doesn't Recommend
  3. 1 person found this helpful  

    Loss Leader

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Regional Director  in  Central District (Hong Kong)
    Current Employee - Regional Director in Central District (Hong Kong)

    I have been working at Prudential plc

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    Needs to address bullying

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Prudential plc

    Pros

    Competitive financial packages and investment in staff. A large company which allows employees room to develop or change their skill set.

    Cons

    A blind eye is turned to senior managers who enjoy bullying, intimidatory tactics. Work / life balance is dismal in these areas and stress levels very high.

    Advice to ManagementAdvice

    Closer attention to, and zero tolerance of, areas where bullying and hierarchical rule is routine. Let's protect Pru 's good name.

  6.  

    Young sales people create an undercurrent of pressure to sell at all cost

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant  in  Singapore (Singapore)
    Former Employee - Financial Consultant in Singapore (Singapore)

    I worked at Prudential plc full-time for more than a year

    Pros

    I'll say it first. If you are have to choose a career in insurance... it's objectively one of the best choices, this coming from someone who greatly dislikes the industry. That said, their products are costly, meaning often you find yourself selling a suboptimal package from a purely cost perspective
    Learn very quickly
    Builds confidence in people to high pressure
    Training and pressure allows you to build strong bonds which may be the main thing that stops people in the industry from leaving

    Cons

    The job does not discriminate between working and off-work hours
    A sense that you are exploiting your friends
    A strong draw to push aside your morals

    Advice to ManagementAdvice

    Checks and balances + KPIs directly on the quality of sales culture being developed

    Doesn't Recommend
    Approves of CEO
  7. 2 people found this helpful  

    People are unhappy at work, the turnover rate is high

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Hong Kong (Hong Kong)
    Current Employee - Anonymous Employee in Hong Kong (Hong Kong)

    I have been working at Prudential plc

    Pros

    The reputation of the company, nice colleagues, good office location, hands-on job experience

    Cons

    not-so-good management style, limited on-the-job training, limited personal growth and career developments, uncompetitive compensation and benefits, bad work life balance, inflexible company culture, management are not open to improvements and changes, understaffed, not-so-good IT support

    Doesn't Recommend
    No opinion of CEO
  8. 2 people found this helpful  

    Confused Place (I am talking about Knowledge Services only)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Mumbai (India)
    Former Employee - Anonymous Employee in Mumbai (India)

    I worked at Prudential plc

    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 ManagementAdvice

    1. Try to recruit good people at every level.
    2. Raise the pay in planned manner.

    Approves of CEO
  9. 1 person found this helpful  

    Too slow moving and change reluctant company

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

    I have been working at Prudential plc

    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 ManagementAdvice

    Listen more to the people in "the field"

    Doesn't Recommend
    No opinion of CEO

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