Genworth - Great products bad management | Glassdoor
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There are newer employer reviews for Genworth

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Helpful (1)

"Great products bad management"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Relationship Manager in Pleasant Hill, CA
Former Employee - Relationship Manager in Pleasant Hill, CA
Doesn't Recommend
Negative Outlook
Approves of CEO

I worked at Genworth full-time (More than 3 years)

Pros

The products they offer and the Sales team in the Wealth Management side is great.

Cons

The management of the Service group is hard to work with and their leadership is very draconian.

Advice to Management

The directors need to step in and either help the managers find a balance to reduce turnover, oer replace the current management team.

Other Employee Reviews for Genworth

  1. Helpful (1)

    "Resume Stain"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Richmond, VA
    Current Employee - Senior Software Engineer in Richmond, VA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Genworth full-time (More than 5 years)

    Pros

    Some really great people to work with as long as you don't go too far up the totem pole. Former CEO MDF is now history which was one of the main liabilities of the company. I hear the new CEO is pretty good but he'll need to replace most of the people that are reporting to him.

    Cons

    Unfortunately, for some bizarre reason most of the former CEOs direct reports are still employed. However, I'm hearing that their days are numbered. If you're an IT professional avoid this place like the plague. IT is way under funded and the demands on the individual are unrealistic. If you're a low level pion, expect opportunity for advancement to come in the form of a title with no salary increase or budget to do your job. If you're mid-management expect to be reorganized every six months sprinkled with layoffs in between. Unfortunately, HR ran the last layoff without the input of the managers and the company shed a lot of great people and kept a bunch of deadbeats so HR could meet their quotas and "appear" fair.

    If you're desperate enough to work there ask for extra vacation time and a signing bonus. They do this all the time but you have to ask. If you have a high demand skill like an underwriter or an IT professional ask for a one or two year contract. That way, when you get laid off, you'll have something to fall back on. They do this all the time but won't admit to it.

    Advice to Management

    Fire everyone reporting to the CEO. They all helped to ruin a good company.


  2. "Great place to work good compensation and benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Schaumburg, IL
    Current Employee - Senior Software Engineer in Schaumburg, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Genworth full-time (More than 3 years)

    Pros

    Excellent work life balance. Work from home.

    Cons

    None that i can think of.

    Advice to Management

    None that i can think of.

There are newer employer reviews for Genworth
There are newer employer reviews for Genworth

See Most Recent

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