Prudential - Great Company, Great Benefits | Glassdoor
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Helpful (1)

"Great Company, Great Benefits"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Newark, NJ
Former Employee - Anonymous Employee in Newark, NJ
Recommends
Positive Outlook
Approves of CEO

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

Pros

access to training, business has capital to invest and great benefits

Cons

Newark ;)
can sometimes get lost in the bureaucracy

Advice to Management

look for hidden talent not just those based on popularity

Other Employee Reviews for Prudential

  1. Helpful (3)

    "Masochistic? This might be the place"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    The "enterprise" of prudential is very reputable. Brand is strong and products are very competitive and innovative

    Cons

    There is a section of prudential known as agency distribution. It's what most of the common everyday clients of prudential see and know.....and it is evil

    The average financial professional there doesn't make more than 40k and has to work no less than 60 hours a week and put some 30k in unreimbursed mileage on their cars driving everywhere to see clients.

    And the newest of those don't make squat, really they don't pay them at all...nothing for up to 6 months in some cases. So what happens is that quality people with unique talents that actually know something about financial products and could actually help a client won't work for this company because why work for free or for less than a livable wage if you survive the no pay 6 month challenge.

    So instead individuals that should never be advising a client about any type of financial services or products take up these jobs and frankly your refrigerator water filter will last longer than 70% of them because they are hopelessly lost.
    So the next time you replace your filter just know that probably 700 people nationwide have become a fully licensed financial professional with little or no pay and failed BECAUSE if you work a job as complex and intense as this one you NEED to be paid and trained and given a chance to learn how to master a very important and serious profession.

    What you won't see or know until it's too late:
    You pay for licensing
    You pay for gas (as noted above)
    You pay for marketing
    You pay for insurance to protect yourself ( but really its a juicy target for an angry client once the company hangs you out to dry)
    You pay for office space (rent)
    You work from 9-9 most weekdays and sometimes weekends
    You are treated like on unwanted child by management and operations staff
    You have responsibilities far above that of any similarly compensated person in the world
    You only get major religious holidays
    You are expected to write statements for every mistake and meet with 3 people about the same mistake
    You will be hounded day and night by no less than 3 bosses

    And you MIGHT make 40,000 a year.

    Advice to Management

    Nothing, you didn't listen while I was employed there doubt a glassdoor review will change anything.


  2. Helpful (2)

    "Client service"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Prudential full-time (Less than a year)

    Pros

    None to speak of, nothing positive

    Cons

    Very poor execution on developing new talent. Too many managers and titles. It's their tipping point as a company. Very insular.

    Advice to Management

    Consider the perspective of the individuals that fill the roles.

There are newer employer reviews for Prudential
There are newer employer reviews for Prudential

See Most Recent

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