Unum - Better than most places. | Glassdoor
There are newer employer reviews for Unum
There are newer employer reviews for Unum

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Helpful (1)

"Better than most places."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Advanced Senior Paralegal in Chattanooga, TN
Former Employee - Advanced Senior Paralegal in Chattanooga, TN
Approves of CEO

Pros

Benefits. Its also a good place for a lazy person to work...

Cons

As with many jobs...the favortism. I worked there for almost 10 years and even though I benefited from the favoritism myself some times...it still wasn't fair.

Advice to Management

Quit listening to what tickles your ear...

Other Employee Reviews for Unum

  1. Helpful (1)

    "A good opportunity for patient, young career builders."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Systems Analyst in Chattanooga, TN
    Current Employee - Systems Analyst in Chattanooga, TN
    Recommends
    Approves of CEO

    Pros

    The Paid Time Off policy is probably the single greatest thing Unum has going. New employees get 23 days. Every 5 years, add 5 days to that up to a maximum of 33. You can also roll 5 days year-over-year, so the old-timers have 38 days! Career advancement is a little slow for young people today, but the workforce is exceptionally old, and Unum still has a strong pension plan. In the next 15 years there could be a pretty serious exodus to retirement, so the Gen Y'ers who get in now and learn the business will be very well positioned for the future. Also Chattanooga is a great city to live in if you like outdoor and athletic activity. The nightlife in Chattanooga is a little lacking, but is perfectly enjoyable if you like the tavern and pool-hall scene. Just don't expect to find long lines to get into clubs with bottle service.

    Cons

    Insurance is not an inherently thrilling industry. The workforce is pretty "seasoned" and most are just coasting, so the openings to move up aren't there yet. Still, see the good reasons above for more on this. As a younger person, I'm not a big fan of the retirement plan. Unum has DB pension, and a weak 401k match. I believe its 50% on up to 6%. I'd prefer a full match, plus vested 401k contributions, since you don't have to rely on the company to fund and invest its pension properly. Seems like a lot of companies are cutting or underfunding these. Several departments are bogged down by red tape, approval committees, and typical corporate bureaucracy. Good managers shield their employees from it, but some are just coasting to retirement and do absolutely nothing, which surprisingly is a pretty effective way to keep your job.

    Advice to Management

    Do more to engage, train, and keep your junior talent.


  2. Helpful (2)

    "Great 500 company to work for!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Consultant in Los Angeles, CA
    Former Employee - Sales Consultant in Los Angeles, CA
    Recommends
    Approves of CEO

    Pros

    Your performance is the key to your profitability with this company. From the onset, employees are given the training and tools necessary to create their own success. Qualifying Sales Reps are rewarded handsomely with bonuses including week-long Corporate Annual Sales Conferences, salary bonuses, and other performance based incentive programs. Reps are expected to, and their performance is accessed based on their meeting the sales goals prescribed to them by their Office Manager.

    Cons

    The shortcomings are few, but noteworthy. While Unum often promotes from within, the ceiling for most employees will be Sales Rep, and for numbered few per office, Senior Account Executive. Management positions are in short supply.

    Advice to Management

    None.

There are newer employer reviews for Unum
There are newer employer reviews for Unum

See Most Recent

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