Prudential - Solid portfolio of businesses in state of transition | Glassdoor
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There are newer employer reviews for Prudential

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Helpful (8)

"Solid portfolio of businesses in state of transition"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Vice President in Newark, NJ
Current Employee - Vice President in Newark, NJ
Doesn't Recommend
Negative Outlook
Approves of CEO

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

Pros

Mission focused on helping working savers and solving challenges runs deep.
Executive leadership is beginning to focus on removing legacy inefficiencies / obstacles.
Business mix is balanced and has many untapped growth-through-integration opportunities.

Cons

Many control functions and technologies (e.g. Lotus Notes) are stuck in the 20th century.
Maintains an "old school" hierarchy and corporate culture borrowed from bankers brought in from the 80's / 90's.
Acquired companies tend to not blend in easily or integrate fully with Corporate.

Advice to Management

Prudential has a very complex, dated internal business system. Reduce overhead and increase associate satisfaction by simplifying/streamlining that system.

Other Employee Reviews for Prudential

  1. Helpful (2)

    "Very polite, professional environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Prudential full-time

    Pros

    - Great people
    - Good company ethics
    - Good benefits

    Cons

    - Too slow to make needed changes to processes
    - Outdated technology

    Advice to Management

    - The company can be too slow sometimes. This is good and bad as it makes the company very secure and fosters an ethical culture, but it also diminishes innovation and makes the company less appealing to younger talent.


  2. Helpful (7)

    "Stability...at a price"

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

    I have been working at Prudential full-time (More than 8 years)

    Pros

    Good work life balance but subject to business unit and manager. This is a strong, stable company to work for as evidenced by many long tenured employees. There are a lot of really good people at this company. Certain benefits are very good.

    Cons

    No continuity between business units. Very political and way too many silos. Low pay raises. Good bonus but subject to fluctuation. Some really ineffective managers crippled by indecision. Too much process. Very conservative. Advancement opportunities are limited despite a "commitment" to talent management.

    Advice to Management

    Demystify and streamline the process behind promotion and recognition. Commit to retention of employees as a priority that trumps attracting new talent. Enterprise wide mobility should be encouraged.


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

See Most Recent

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