Lincoln Financial Group 495 Reviews | Glassdoor

Lincoln Financial Group Reviews

Updated February 19, 2017
495 reviews

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Full-time Part-time

3.4
Star Star Star Star Star
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Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
222 Ratings

495 Employee Reviews

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Pros
Cons
  • Work/life balance philosophy tends to vary depending on your manager (in 22 reviews)

  • Lack of room for advancement unless you move (in 6 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (1)

    "Overall Experience: Very Good"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior IT Analyst in Greensboro, NC
    Current Employee - Senior IT Analyst in Greensboro, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lincoln Financial Group full-time (More than 8 years)

    Pros

    Great retirement plan and solid benefits package; salaries and bonuses are reasonably competitive - not sky high, but certainly not bad either; company seems to genuinely value both its employees and customers; a positive work/life balance is encouraged (this can be team/department dependent); leadership is respected within the industry. All in all, Lincoln is a very good place to work.

    Cons

    Career advancement is S-L-O-W, as opportunities for advancement are hard to come by. This is still a company where many employees stay for 20 or 30 years. That being said, management has listened to employee feedback on this topic, taken heed, and has tried to implement a formal career management framework and associated practices within the last few years. It seems that real change "in the trenches" has yet to be realized, however. If you're a motivated, hard-charging employee looking for a meteoric (or even moderately paced) rise to the top, it's probably not going to happen here.

    Advice to Management

    Keep up the good work in the areas of employee engagement and continue to maintain a positive atmosphere. Continue working on concrete ways to help employees achieve professional growth and corresponding recognition/promotions.


  2. "Great place to work if you don't get laid off."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Internal Marketing Consultant in Radnor, PA
    Former Employee - Internal Marketing Consultant in Radnor, PA
    Recommends
    Approves of CEO

    Pros

    The people and the product that is sold. It is unmatched in the industry.

    Cons

    There is a lot of gossip and rumors that go around about people. Besides that it is an awesome place to work.

    Advice to Management

    Micro management is where the company is going but it is very tough on moral with the people that are not in management.


  3. "great place"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Omaha, NE
    Current Employee - Anonymous Employee in Omaha, NE
    Recommends
    Approves of CEO

    Pros

    flexible and fridays are half days

    Cons

    not much physical activity - sitting all day!

    Advice to Management

    none


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Great Place"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Radnor, PA
    Current Employee - Anonymous Employee in Radnor, PA
    Recommends
    No opinion of CEO

    Pros

    Great coworkers, projects and good culture of people. Great retirement plan!

    Cons

    financial services doesn't feel as stable as it once was

    Advice to Management

    I believe it is only a matter of time till the company fully recovers from this financial crisis. Strong commitment to our products and our employees have paid off well during the economic downturn.


  6. "A wonderful place to work with a true caring for the individuals who work there"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Philadelphia, PA
    Current Employee - Business Analyst in Philadelphia, PA
    Recommends
    Approves of CEO

    Pros

    At Lincoln they truly care about how you are doing as an individual. There is an effort to have balance between work and family.

    Cons

    Lincoln is not going to ever be the place that you go to work in order to recieve the top compensation available in your field.

    Advice to Management

    Please keep up the good work. You have helped to steer us through the choppy waters the last few years.


  7. Helpful (1)

    "Wish I would have known how GREAT it was when I still worked ther"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Fort Wayne, IN
    Former Employee - Anonymous Employee in Fort Wayne, IN
    Recommends
    No opinion of CEO

    Pros

    Quick recognition of potential, combined sick/vacation time package so you don't have to pretend to be sick, high 401k match, nice building/facility, transparent management style, lower than normal levels of office politics, dignified, respect for the employee and client, quick promotion, lots of encouragement, and the most impressive: they give it to you straight whether it's good or bad (recognizing when it's less than desirable, but set proper time expectations and stick to their word)

    Cons

    The cafeteria food was a little expensive, parking was difficult, has a little bit of a "big brother" aspect (although that's essential in the financial services industry)

    Advice to Management

    Keep up the excellent work. For call center/processing roles, consider flexible work schedules for a few reasons: better coverage of volumes, a better work/life balance for many employees (4x 10 work week= less commuting costs), less costs to firm in overtime pay


  8. "Focused on sales and keeping employees motivated and well compensated."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Radnor, PA
    Former Employee - Anonymous Employee in Radnor, PA
    Recommends
    Approves of CEO

    Pros

    Lincoln always offered great benefits (insurance, retirement and deferred compensation).
    The management embraced sales distribution and therefore it is a great place for a salesperson to work.

    Cons

    During the financial crisis, layoffs had to occur. They laid off about 10% of the sales force. This was much like all of their competitors.

    Advice to Management

    Please keep the distribution focus and the great benefits and you will continue to attract the A quality sales professionals.


  9. "It was a great experience which will be very helpful later on in career."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Finance Internship in Greensboro, NC
    Current Employee - Finance Internship in Greensboro, NC
    Recommends
    Approves of CEO

    Pros

    - Get exposed to various field related assignments
    - Team member are very polite
    - Growth Opportunities
    - Great Experience

    Cons

    - Salary is a little low
    - Don't pay for internships
    - Have to have previous experience to know how to work in this field

    Advice to Management

    - Will be much better if the interns, at least, the ones with good performance, were compensated in some way.


  10. "Lincoln Financial Group is, without a doubt, one of the best places someone can work."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Customer Care Professional in Greensboro, NC
    Current Employee - Customer Care Professional in Greensboro, NC

    I have been working at Lincoln Financial Group full-time (More than a year)

    Pros

    The opportunities for advancement are plentiful, management is fair (but firm) concerning HR policies, and the work itself is satisfying.

    Cons

    The compensation, in comparison with other companies in the industry, are below the average. The Customer Care Center is also one of the lowest paid departments, even though Customer Care Professionals handle over 5,000,000 service requests a year.

    Advice to Management

    I would investigate the industry for a salary comparison. I would also spend some considerable time cultivating talent from within if someone demonstrates a capacity to excel in a management role.


  11. Helpful (1)

    "The resources and talent to help you achieve success throughout your career."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Internal Wholesaler in Radnor, PA
    Current Employee - Internal Wholesaler in Radnor, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lincoln Financial Group full-time (More than a year)

    Pros

    Training program geared to get you out in the field, quickly, if you put in the work. This is a relationship business, so you have to have those relationships inside the office before they will trust you outside of it. That being said, I have had several opportunities to meet with upper management and they really care about developing their talent.

    Cons

    You get out what you put in, which can lead to different levels of satisfaction if you are looking at this more as a job than a career. You really have to put in the time to develop relationships with the managers above you so they have a better idea of who you are before they are looking to hire.



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