Lincoln Financial Group Reviews | Glassdoor

Lincoln Financial Group Reviews

Updated October 18, 2017
352 reviews

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352 Employee Reviews

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Pros
Cons
  • Work life balance depends on individual department/manager (in 27 reviews)

  • Upper management unwilling to cooperate with front line management (in 13 reviews)

More Pros and Cons

  1. Helpful (2)

    "Way too slow to change!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Claims Specialist in Atlanta, GA
    Current Employee - Claims Specialist in Atlanta, GA
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Lincoln Financial Group full-time (More than 5 years)

    Pros

    Benefits are excellent including 401(k) match, PTO and other wellness benefits. Offices are nice and modern. Lots of growth in some locations.

    Cons

    Very slow to implement much needed changes and system upgrades. Systems are really old and require a lot of work to do tasks that should be automated. Still a lot of silos. No digital capacity. Still rely on people working in cubes in the office vs telecommuting for most people. Just not ready to face the digital world - which is very costly in a lot of ways. Little to no advancement opportunities unless you are in a special program. The problems give lots of possibilities for making a difference but you won't be rewarded financially. Bonuses were at absolute minimums for years and although this year was good, the outlook for future bonuses is unclear.

    Advice to Management

    Make decisions about the needed technology and get moving! Clients and employees demand it now and will be moving to those who are not dealing with 80s technology! 3-5 years isn't going to make for sustainability or persistency.


  2. "Was a great company, but getting cheap with employees"

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

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

    Pros

    The have good benefits, competitive salaries, and a great 401k plan.

    Cons

    They are really planning on slashing the number of employees, and have been trying to force people, and make get rid of them without severance.

    Advice to Management

    Should be reinvesting more in the company, and not spending 75% on shareholder buybacks.

  3. "Decent vision, inconsistent execution"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Analyst in Greensboro, NC
    Current Employee - IT Analyst in Greensboro, NC
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Lincoln Financial Group full-time (More than 3 years)

    Pros

    Salary and work life balance are great

    Cons

    Very bureaucratic and disorganized. Huge overhead in coordinating different locations.


  4. "Short Term Disability Examiner"

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

    I have been working at Lincoln Financial Group full-time

    Pros

    Nice people. Company has good benefits

    Cons

    Low pay, high stress.


  5. Helpful (1)

    "Good place to work if you work on a good team."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Fort Wayne, IN
    Current Employee - Anonymous Employee in Fort Wayne, IN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lincoln Financial Group full-time (More than 10 years)

    Pros

    great benefits, educational assistance, some areas are good to work for

    Cons

    low pay, hard to move around or get promoted, poor management (most worked their way up), some areas are very negative and mgmt is unfair.

    Advice to Management

    Be fair to employees (pay, workloads, recognition etc.)


  6. "Director"

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

    I have been working at Lincoln Financial Group full-time (More than 10 years)

    Pros

    Lincoln has great benefits, compensation, and is a key employer in Fort Wayne. There is a great training program, offering opportunities for development along with tuition assistance. Six Sigma driven.

    Cons

    A hierarchical approach to decision making often leads to negative, downstream impacts that front line employees have to deal with. Culture seems to be turning away from a people focus to a profit and business focus only.

    Advice to Management

    Empower your front line workers, they have extensive knowledge & skills that go untapped.


  7. "Enterprise Architect"

    StarStarStarStarStar
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at Lincoln Financial Group as a contractor (More than 8 years)

    Pros

    Pays well, at least if you are a contractor. Dont know about employee

    Cons

    Older technology, not very proactive in keeping up with times

    Advice to Management

    Take risk and be proactive to bring about change rather than just reacting to business request

  8. "My experience at Lincoln Financial Group has been very positive."

    StarStarStarStarStar
    • 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

    Pros

    I am treated well and feel valued. I receive great benefits, I work with nice people at Lincoln. I feel fortunate to work for Lincoln Financial Group.

    Cons

    There is always for improvement. Our team does not always communicate well and the work load is not always evenly shared across the team evenly.

    Advice to Management

    Management could focus more on communication and less on micro managing the team.


  9. Helpful (1)

    "New Business Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Lincoln Financial Group full-time

    Pros

    Great 401K and benefits package

    Cons

    Limited growth opportunity, very political


  10. Helpful (1)

    "Customer service representative"

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

    I have been working at Lincoln Financial Group (Less than a year)

    Pros

    Nice facility and great location. Easy but very repetitive work.

    Cons

    Micro-managed. Over worked and under paid


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