Prudential plc Reviews | Glassdoor

Prudential plc Reviews

Updated November 23, 2017
124 reviews

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124 Employee Reviews

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More Pros and Cons

  1. Helpful (1)

    "Too slow moving and change reluctant company"

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

    Pros

    Big company with established brand name, presence in Asia.
    M&G in London one of the best employers in UK

    Cons

    strong hierarchical culture, little focus on performance, poor communication and a lot of inefficiency.
    Slow product development, and not too customer focused either.
    Very little attention to HR issues, poor employee retention policy, and no comprehensible promotion approach

    Advice to Management

    Listen more to the people in "the field"


  2. Helpful (4)

    "Confused Place (I am talking about Knowledge Services only)"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Mumbai (India)
    Former Employee - Anonymous Employee in Mumbai (India)
    Approves of CEO

    Pros

    1. Better than expected work-life balance
    2. It did feel like a family
    3. Good location if you have a car, or traveling by rick.
    4. Excellent support from the parent Prudential UK.
    5. Employee reviews are dealt well.

    Cons

    1. Pathetic performance by Indian Executive Team. I am talking about 2009-2011.
    2. Pay is not very good... but they are working on it.
    3. Backdated software.
    4. Poor recruitment.
    5. No proper training.
    6. Casual environment does not really help the new people to grow professionally.

    Advice to Management

    1. Try to recruit good people at every level.
    2. Raise the pay in planned manner.

  3. Helpful (2)

    "People are unhappy at work, the turnover rate is high"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Hong Kong (Hong Kong)
    Current Employee - Anonymous Employee in Hong Kong (Hong Kong)
    Doesn't Recommend
    No opinion of CEO

    Pros

    The reputation of the company, nice colleagues, good office location, hands-on job experience

    Cons

    not-so-good management style, limited on-the-job training, limited personal growth and career developments, uncompetitive compensation and benefits, bad work life balance, inflexible company culture, management are not open to improvements and changes, understaffed, not-so-good IT support


  4. "Young sales people create an undercurrent of pressure to sell at all cost"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Consultant in Singapore (Singapore)
    Former Employee - Financial Consultant in Singapore (Singapore)
    Doesn't Recommend
    Approves of CEO

    I worked at Prudential plc full-time (More than a year)

    Pros

    I'll say it first. If you are have to choose a career in insurance... it's objectively one of the best choices, this coming from someone who greatly dislikes the industry. That said, their products are costly, meaning often you find yourself selling a suboptimal package from a purely cost perspective
    Learn very quickly
    Builds confidence in people to high pressure
    Training and pressure allows you to build strong bonds which may be the main thing that stops people in the industry from leaving

    Cons

    The job does not discriminate between working and off-work hours
    A sense that you are exploiting your friends
    A strong draw to push aside your morals

    Advice to Management

    Checks and balances + KPIs directly on the quality of sales culture being developed


  5. "Needs to address bullying"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Competitive financial packages and investment in staff. A large company which allows employees room to develop or change their skill set.

    Cons

    A blind eye is turned to senior managers who enjoy bullying, intimidatory tactics. Work / life balance is dismal in these areas and stress levels very high.

    Advice to Management

    Closer attention to, and zero tolerance of, areas where bullying and hierarchical rule is routine. Let's protect Pru 's good name.


  6. Helpful (1)

    "A bit like living in a Flashman novel"

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

    I have been working at Prudential plc full-time (More than 3 years)

    Pros

    None if you end up in a department running under the old boy network.

    Cons

    I am continually amazed by the old fashioned pecking order in existence here, where insufficient toadying and imagined slights are seized upon and petty revenge plotted.

    Advice to Management

    Upgrade to modern, dynamic leaders with people skills who are too productively busy to spend time sulking and plotting over their expensive lunches on expenses.


  7. Helpful (1)

    "Bad leadership - more personal short term focus, than long term people and company viability focused"

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

    Pros

    business in good position for growth due to good decisions made prior to financial crisis of 2008/9

    Cons

    Poor management - highly political, egotists, focussed on short term gain, not focused on people

  8. "manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Mumbai (India)
    Former Employee - Manager in Mumbai (India)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Brand, history, stable industry, technical skills are enhanced

    Cons

    No leadership spine to be expected, ethics, employee fair treatment etc are least priority

    Advice to Management

    Develop some spine to treat employees fairly and don't get enamoured by glamorous expertise of new leaders/heads (eg: head of knowledge services) who have joined only to boost their individual career..


  9. "Sales At The Pru"

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

    I worked at Prudential plc full-time

    Pros

    Great people and bonus opps

    Cons

    unfortunately Grade 4 and above in departments are not accountable for their actions and how the treat staff which is a real shame

    Advice to Management

    look at why so many people are being forced to leave


  10. "Winter intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Hong Kong (Hong Kong)
    Former Employee - Anonymous Employee in Hong Kong (Hong Kong)

    Pros

    easy to enter and simple questions are asked for the interview, most of the applicants are admitted for the programme for the introduction of the basic knowledge in insurance industry

    Cons

    the programme is quite simple and is not office based which is mainly focused on the introduction of different technquies and theories in the insurance industry rather than hands-on experience

    Advice to Management

    the team was qutie small and the tasks are simple so that teammates cooperate in an efficient manner, lots of the tasks are easily completed and can be done in a few days


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