Lockton Companies Reviews | Glassdoor

Lockton Companies Reviews

Updated January 4, 2018
84 reviews

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3.0
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Lockton Companies President/Chief Executive Officer Ron Lockton
Ron Lockton
1 Rating

84 Employee Reviews

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Pros
  • Superb work/life balance and much growth opportunity (in 20 reviews)

  • Truly great people throughout the organization all willing to help (in 25 reviews)

Cons
  • Work life balance isn't very favorable once you climb the positional ladder (in 37 reviews)

  • Low Pay, Long Hours, Unreasonable timelines (in 14 reviews)

More Pros and Cons

  1. Helpful (1)

    "Somewhat positive environment"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    People are friendly enough
    Independent environment

    Cons

    Boring work
    Clique groups at work


  2. "Lockton Northeast"

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

    I worked at Lockton Companies full-time

    Pros

    Good pay, flexibility with time.

    Cons

    Calling Lockton producer driven does not even begin to describe the firm. Very boring work environment.

  3. "Enjoyed working there until management changed."

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

    I worked at Lockton Companies full-time

    Pros

    Decent salary & good benefits

    Cons

    Excessive overtime, lack of diversity


  4. Helpful (1)

    "Great Culture"

    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
    No opinion of CEO

    I worked at Lockton Companies full-time

    Pros

    Great culture and good people/

    Cons

    Poor work life balance, not great for families


  5. Helpful (1)

    "Producer-Centric Growth Company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lockton Companies full-time

    Pros

    Entrepreneurer, de-centralized, flat organization that provides local market autonomy, fosters local market innovations and business readiness. Extremely client-focused. 401(k) match and immediate vesting.

    Cons

    De-centralization also presents inconsistency and inefficiency. Limited associate development, very fast paced, sink or swim. Limited employee mobility across functions, the company and regions. Producer-centric organization and tie to top producers tends to yield a faster career progression. Expectations and demand on service staff are high. Delivering client commitments can sometimes be like a huge balancing act on a rollerball. Work-life balance can be a challenge.

    Advice to Management

    Associates are company's asset for being in a professional service business. Pay more attention and take better care of them, across all EE segments; the young, as well as the more experienced. Consider other benefits in addition to base pay, 401(k) match.


  6. Helpful (2)

    "A changing environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Houston, TX
    Former Employee - Director in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Lockton Companies full-time (More than 10 years)

    Pros

    Compensation is higher than the industry standard. .

    Cons

    Work/Life balance. Culture has fractured.


  7. Helpful (4)

    "Work/Life Balance is 50/50 and Working Remote"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior AM/Associate AE in Houston, TX
    Former Employee - Senior AM/Associate AE in Houston, TX
    No opinion of CEO

    I worked at Lockton Companies full-time (More than 5 years)

    Pros

    Great company to work for, self promotion is huge with them. Fun events and lots of giveaways

    Cons

    Does not pay you the fair market value of the position you hold. Long hours are expected from upper management even though you are only required 7.5hr days.

    Advice to Management

    You have a GREAT new system to allow people to work from home. The PROBLEM is the upper management and gray hairs of the company frown upon this when it is used and some managers don't even allow their teams to use the remote day. All I can say is welcome to 2017 and you should get on board with working remote.

  8. Helpful (2)

    "Great company if you like to party"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Account Manager in Kansas City, MO
    Former Employee - Associate Account Manager in Kansas City, MO
    Positive Outlook

    I worked at Lockton Companies full-time (More than a year)

    Pros

    Great office culture if you're in the right unit.

    Cons

    Lockton pays its employees below market value. It makes up for this by throwing a lot of parties and giving employees a good work-life balance, but you have to accept that your paycheck takes a hit for being given a lot of alcohol.


  9. "Good company, but could use some work"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great company culture. People are very friendly and, for the most part, easy to work with. Depending on your position, work-life balance is usually great too.

    Cons

    If you aren't part of a brokerage insurance team, opportunities for career development and advancement are very limited. Depending on your position, pay is fairly below industry average.

    Advice to Management

    Explore growth opportunities for those outside the traditional brokerage structure. Examine pay schedule for non-brokerage employees.


  10. Helpful (2)

    "Not bad, but..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Kansas City, MO
    Current Employee - Anonymous Employee in Kansas City, MO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Lockton Companies full-time (More than a year)

    Pros

    Smart people, good training, nice atmosphere, industry recognition and frequent events for charity and beer Fridays with strong sense of culture

    Cons

    Cutthroat, lacking direction and micro managers who don't know how to communicate - feels like Big Brother is always watching

    Advice to Management

    Learn how to communicate and foster a more fun and convivial team


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