M&G Reviews | Glassdoor

M&G Reviews

Updated February 22, 2017
64 reviews

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3.5
Star Star Star Star Star
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Anne Richards
11 Ratings

64 Employee Reviews

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Pros
  • Very good work life balance ethos (in 31 reviews)

  • But always treated like a part of M&G family :) (in 9 reviews)

Cons
  • This can make M&G a very frustrating place to work (in 7 reviews)

  • pretty flat structure, sometimes it would take long time to grow up (in 4 reviews)

More Pros and Cons

  1. "Great company!"

    Star Star Star Star Star
    • Work/Life Balance
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at M&G (More than a year)

    Pros

    Loved working for M&G, great company to work for with an excellent management team.

    Cons

    There is a general lack of procedures, every segment is pretty different so there is a lack of consistency across the board

    Advice to Management

    Create a bit more consistency across company, have more company wide visibility, group managers could be more visible and engaged


  2. "Leasinv"

    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
    Neutral Outlook
    Approves of CEO

    Pros

    Good benefits and co workers

    Cons

    No advancement and salary is low

    Advice to Management

    Communicate


  3. "Great place to work"

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

    I worked at M&G full-time

    Pros

    A good sense of work/life balance, the firm understands that shareholder and client interests must be balanced by staff interests. So there is a strong sense of staff welfare and a growing support for LGBT. Salaries are average for FS sector. Bonuses are reasonable but obviously dependent on the economic environment. Good progression if you work hard and use the excellent mentoring scheme.

    Cons

    It can be a bit cliquey. IT support is patchy and systems are old.

    Advice to Management

    keep doing what you are doing and don't lose the family firm type culture,


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  5. Helpful (2)

    "Not in a good place"

    Star Star Star Star Star
    • 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 M&G full-time

    Pros

    A good work/life balance. Pretty collegiate with some very decent people working there. Junior staff can make some good progress and develop.

    Cons

    Unfortunately, most of the management have been there or within the Pru family forever and have gotten into positions of responsibility way beyond their ability, just because they have been there so long. The lack of communication is dire, a symptom of their insecurity as they grapple with the very material challenges the company presently faces. Strategy? They can't even spell it. Apart from fund managers, that still get paid well, the best talent leaves. The staff know there is a problem and morale is declining.

    Advice to Management

    Promote people on merit. Listen to, utilise and promote the talent with broader experience. Be bold!Lose the dull and, frankly, clueless cabals. Devise clear, communicable strategies for your various business units. Just hiring management consultants (again!) won't fix it.


  6. Helpful (2)

    "Under Construction"

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

    I have been working at M&G full-time (More than a year)

    Pros

    In a state of flux, so things will become more certain in time

    Cons

    Under management in need of replacement

    Advice to Management

    Identify your talent and retain


  7. Helpful (2)

    "A company in decline"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in London, England (UK)
    Current Employee - Director in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at M&G full-time (More than 8 years)

    Pros

    There are some really pleasant people working here. There are some really smart people too. The culture is pretty collegiate.

    Cons

    Seriously bad senior business management team. Appalling man management. Vast majority of them have only worked at M&G or the Pru Group and they are stale, at best. Glass ceilings and cronyism all over the place. Deluded individuals that have their own self-interest at heart are hindering the development of others and to the detriment of the business as a whole. The company is going through a very challenging period and the current senior business management team and a number of their 'underling clan' just aren't equipped to see the company through this. It's sad to see and as the Dragons say, "I'm out"!

    Advice to Management

    Advice to the new CEO would be to focus less on the image building and more on managing the company. It needs it! Get a broom and sweep the business management team you have out! Get some fresh, dynamic blood in to revitalise the business before it goes into terminal decline.


  8. "Benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Approves of CEO

    I worked at M&G full-time

    Pros

    Great benefits, good working environment

    Cons

    Work from home is still a struggle to be approved.


  9. "Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at M&G full-time (More than 10 years)

    Pros

    Great working environment and career progression opportunities

    Cons

    Pay not competitive and slow decision making, bottle necks


  10. "Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Addlestone, England (UK)
    Former Employee - Anonymous Employee in Addlestone, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at M&G full-time (More than 3 years)

    Pros

    Very good work life balance ethos
    Excellent benefits
    Good location in London
    Recognition for good work
    Good social scene with many events arranged for varying interests

    Cons

    Management becoming more detached from the workforce
    Too much paperwork and bureaucracy
    No definition between what is a junior or senior role
    Lack of definition how to make the step up from one role to the other as mentioned above

    Advice to Management

    Get to know your direct reports before making potential life changing decisions regarding their future, and if they would like some feedback on why the decision has been made be sure to have that information available


  11. "Not trust worthy at all"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technology in London, England (UK)
    Former Employee - Technology in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    - Flexibility
    - Some team members
    - Some management team
    - Thats about it to be honest

    Cons

    - I disclosed all my details and had it in writing about my past, based on that i got the job. They utilised all my skills and let me go on baseless grounds. Perfect time to to get rid of me as I was due my bonuses.

    - Beaware, before leaving your job if you have past history. DO NOT TRUST THEM.

    Advice to Management

    Trust your staff, some of us gave you our everything and made sure the business was going in correct direction. Also, when you let someone go and they try to contact you.. atlease reply as they may have genuine reason.



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