Pacific Life Reviews | Glassdoor

Pacific Life Reviews

Updated June 21, 2017
210 reviews

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210 Employee Reviews

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Pros
Cons
  • There is alot of favouritism and it's extremely hard to move up in the company (in 6 reviews)

  • Middle management does not encourage upward mobility (in 7 reviews)

More Pros and Cons

  1. "Sr Internal Wholesaler"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Byrnes Mill, MO
    Current Employee - Senior Manager in Byrnes Mill, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Pacific Life (More than 5 years)

    Pros

    Great company to work for with great opportunities

    Cons

    Currently in the process of Re-organizing its structure


  2. Helpful (4)

    "Great stable company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Newport Beach, CA
    Former Employee - Manager in Newport Beach, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Pacific Life full-time (More than 10 years)

    Pros

    Good people, excellent management, great pay with above-average bonuses. People stay a long time because of the excellent culture, good leaders, company's investment in training its people and excellent pay.

    Cons

    Slow industry so limited new projects or changes. Since most people stay for a long time, sometimes results in not-so-fresh ideas.

  3. "Good work life balance.Great culture and benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Irvine, CA
    Current Employee - Anonymous Employee in Irvine, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Pacific Life (More than 3 years)

    Pros

    Provides friendly work environment and excellent benefits. Benefits include 401k match + 4% free and Free health insurance (including vision&dental), life insurance etc..

    Good work life balance for most people but that really depends on who your boss is.

    Cons

    The culture (Being super friendly, being political correct, can not show negative emotions) makes it hard to have people accountable for their mistakes. However this creates friendly work environment so I did not mind. This does not seem to be the case for in leadership positions though as plenty of them have been parted ways during my time at the company.

    Vesting period is also long for 401k company match (Takes 5 years to be fully vested.)

    Advice to Management

    Keep up the good work.


  4. "Senior Accountant I"

    Star Star Star Star Star
    Current Employee - Senior Accountant I in Orange, CA
    Current Employee - Senior Accountant I in Orange, CA

    I have been working at Pacific Life full-time (More than 3 years)

    Pros

    Pretty good work life balance
    Great benefits - espcially the 401k

    Cons

    The industry moves very slowly so there isn't a lot of change. Internally the reporting is getting faster which is a good thing.


  5. Helpful (12)

    "Strong stable company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Newport Beach, CA
    Current Employee - Director in Newport Beach, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Pacific Life full-time (More than 5 years)

    Pros

    Strong, stable company. Decent pay and benefits. Cafeteria and locker room with showers on site at Newport Beach location. Proximity to Fashion Island. Very strong Good Guys program to participate in charitable events. Many employees have worked here forever. This can be both good and bad.

    Cons

    Annual pay increases are very small, even for higher rated employees. Very "corporate" with the whole annual review process. Other posters have mentioned the antiquated technology that we have available and this is very true. It takes forever to get any new technology implemented and by the time you get it, it's already outdated. The culture is very corporate - sometimes it feels like you are working for the government because of all the approval levels, checks and balances, security measures, etc and the pace that these things move at. Also, some areas have employees that have been here forever, are stuck in their ways, won't think outside the box, just want to follow the rules, and just make things much more difficult and/or time consuming to accomplish than they need to be.

    Advice to Management

    Annual merit increase pool needs to be larger. You say the process is to reward higher ranking employees, but in actuality this doesn't happen because if you do use the small 3% allocation you are given to reward your stronger employees, then your "meets" employees will get nothing, and that is not fair to them. We are a strong and profitable company - share more of this with your non-officer employees.


  6. Helpful (5)

    "Salary"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer in Aliso Viejo, CA
    Current Employee - Applications Developer in Aliso Viejo, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Pacific Life full-time (More than 5 years)

    Pros

    good benefits and good work/life balance

    Cons

    Very low salary increase comparing to whole industry in IT which are from 4% to 9% average cross all IT positions and will follow behind if this continues

    Advice to Management

    Seriously consider a real merit increase to keep employees


  7. Helpful (1)

    "Great company with established market presence."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Devops Engineer in Aliso Viejo, CA
    Current Employee - Devops Engineer in Aliso Viejo, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Pacific Life full-time (More than a year)

    Pros

    Fortune 500 company with unbeatable compensation packages and perks. Beautiful office spaces in great locations. Company sponsored pension is very hard to find anywhere else.

    Cons

    IT architecture is behind the times, but still does a great job of supporting the various lines of business. Sometimes feels like solving today's problems with yesterdays technology and architecture.

    Advice to Management

    Increase team building / bonding activities.

  8. "Get your ducks in a row...No Backlog of Work and still hiring ??"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Business Analyst in Irvine, CA
    Former Employee - Project Business Analyst in Irvine, CA
    Doesn't Recommend
    Negative Outlook

    I worked at Pacific Life full-time (Less than a year)

    Pros

    Lot of good opportunities but some higher up just like to keep their pets at a good position thus never offering others to move up the ladder....

    Cons

    - Lack of professionalism within the department
    - Worse company to work for...

    Advice to Management

    Contractors or Permanent hire, people are there to earn their livelihood, do NOT hire people if you don't have funding or sufficient backlog of assignments for them. Dont play with other's livelihood.


  9. Helpful (16)

    "Save Yourself From Career Suicide"

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

    I have been working at Pacific Life full-time (More than 10 years)

    Pros

    Good benefits, nice location and a solid company financially. Great volunteer program to help out in your communities and less fortunate.

    Cons

    If you work for the Corporate Division be prepared to be treated as second class citizen to the other Divisions.

    If you're in IT, STAY AWAY! An amazing group of managers that sit around and consistently create new ways to stop innovation and forward thinking.

    If you want to work on your political career then this is the place. Although the political posturing can provide a sad form of entertainment.

    If you think HR is there for the employees, you'll be sadly mistaken.

    Advice to Management

    For Executive Management...get some real operational leadership in place. There needs to be leadership and direction from the top. Let the finance people do finance, let the HR people do HR. Run this like every other modern Fortune 500 company does and stop pretending this model is working just fine.


  10. Helpful (4)

    "Old school atmosphere"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technology in Newport Beach, CA
    Former Employee - Technology in Newport Beach, CA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Pacific Life full-time (More than 5 years)

    Pros

    Great people, great benefits, good salaries.

    Cons

    Value their employees for doing what they are told, not how creative they are. This is an old company with a very old way of doing things. From a technology standpoint don't expect to be anywhere near the bleeding edge.

    Advice to Management

    Manage the managers


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