Legal & General Group - Good benefits, but disappointing recognition of development | Glassdoor
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There are newer employer reviews for Legal & General Group

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"Good benefits, but disappointing recognition of development"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Birmingham, England (UK)
Current Employee - Anonymous Employee in Birmingham, England (UK)
Recommends
Neutral Outlook
No opinion of CEO

I have been working at Legal & General Group full-time (More than a year)

Pros

Good benefits and opportunities/encouragement to develop/cross-train.

Cons

Little room for progression, particularly within one's own department or team. Similarly, although bonus is related to job performance, base salary doesn't reflect performance, knowledge, skills or development. Once you start on a salary, you're pretty much stuck with it unless you manage to get a promotion and step up a grade.

Other Employee Reviews for Legal & General Group

  1. Helpful (3)

    "Run by beancounters"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Kingswood, South East England, England (UK)
    Current Employee - Anonymous Employee in Kingswood, South East England, England (UK)
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Not expected to work over your contracted hours
    Benefits towards the top end - enhanced maternity pay
    Most people get on well with each other
    Probably much better in a business unit rather than Group
    Swimming Pool

    Cons

    Low salaries - kingswood is not in Central London, but still need London wages to tempt those from London to work there.
    High levels of poorly managed out-sourcing
    Silo business structure with no joined up thinking
    Very antiquated IT systems, some originating from the 1960s!
    Not progressive
    Parts of HR have been out-sourced
    Can only park in the car park 4 out of 5 days per week - need to nominate a no park day
    Seen by management to be a 'lifestyle' choice to work there meaning we don't pay you much and don't expect long working hours or any chances of promotion.
    PCs with floppy disk drives!! - No real investment in IT infrastructure
    Still on MS office 2000 for most staff
    Very slow processes. Some processes are just there to justify the hierarchical management structure.

    Advice to Management

    On paper it may look that out-sourced services to TCS have saved money. However, the reality is that very little has been achieved by them for the money that has been spent. Rather than looking at the overall cost of providing services you really need to look at outcomes as well. TCS may charge 1/2 that of a UK out-sourced provider, but with fixed budgets it means they have delivered 1/2 of what they should have as they take much longer to complete jobs than UK based out-sourced companies.
    Take a real look at some of the most innovative companies out there and try to emulate them. Rather than out-sourcing work, create projects to solve specific business problems that will be managed in house. Use more UK workers rather than Indian born ones from TCS.


  2. "Too much change in structure"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in London, England (UK)
    Current Employee - Business Analyst in London, England (UK)
    Approves of CEO

    Pros

    People, work ethic, location, training

    Cons

    Pay Promotion Politics Old systems Resistance to change

There are newer employer reviews for Legal & General Group
There are newer employer reviews for Legal & General Group

See Most Recent

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