StanCorp Financial Group Reviews | Glassdoor

StanCorp Financial Group Reviews

4 reviews

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2.7
Star Star Star Star Star
Recommend to a friend
Approve of CEO
StanCorp Financial Group President, CEO, & Chairman Greg Ness
Greg Ness
3 Ratings

Employee Reviews

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  1. "Ok Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product and Services Specialist in Portland, OR
    Former Employee - Product and Services Specialist in Portland, OR
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at StanCorp Financial Group full-time (More than 3 years)

    Pros

    Great people to work with. My colleagues were well trained professionals. Little drama. Benefits were ok, but health benefits were through an HMO which was sometimes difficult to deal with. Immediate supervisors were great. Upper management was ok, even giving impromptu bonuses to employees.

    Cons

    Human Resources was out of touch with employee needs. Some egos in the mid-management team which accompany some unprofessional acts. I was once told by a mid-manager that I didn't belong at Stancorp. I did manage to succeed there despite her statement, but it's one I will not soon forget.

    Advice to Management

    In my 4 years at Stancorp, I moved from one area on the floor to another 5 times, (as did all employees). This is inefficient and expensive when facilities "ergonomic" specialists have to come in and redesign everyone's workspace.
    Make a plan and stick to it.


  2. Helpful (1)

    "Good if in right area, terrible if not"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Professional Level in Portland, OR
    Current Employee - Professional Level in Portland, OR
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at StanCorp Financial Group full-time (More than 8 years)

    Pros

    If you are lucky enough to work for one of the many good managers, and you are paid a market wage, you will have a good experience. There are many outstanding managers and one of the companies core values are "care about people".

    Cons

    Bad managers don't get fired, they get moved around. You might end up with one & your life will be miserable. There's a big problem with clear objectives (bad managers don't know how to measure performance), and with pay inequity within teams & across the organization.

    Advice to Management

    Make your managers accountable for upholding company values, and don't be afraid to terminate the ones that drag down a good company. DO SOMETHING with the feedback you receive. Stop acting like the economy is still in a recession & that people are replaceable.


  3. "Would consider working there again if changes were made at the VP level"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Specialist in Portland, OR
    Former Employee - Human Resources Specialist in Portland, OR
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at StanCorp Financial Group full-time (More than 5 years)

    Pros

    Competitive pay to market for shared services roles

    Cons

    Difficult to push projects to completion, very hierarchial management style.

    Advice to Management

    Listen to your employees. Happy employees are productive employees.


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  5. "#1 priority is the bottom line"

    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
    Neutral Outlook
    Disapproves of CEO

    I worked at StanCorp Financial Group full-time (More than 10 years)

    Pros

    The benefits are good and competitive within the industry. The company encourages contributing to non-profit organizations by matching employee contributions.

    Cons

    The retirement plans division's management seems to have no focus or direction on where they are taking the division and as a result, the there is a lot of frustration among the employees. The division has lost its way over the course of the last six years or so, which is truly unfortunate because The Standard used to be a wonderful place to work. Now it is just a place to work.

    Advice to Management

    Focus on a long-term goal and stop changing the direction of the division for the short-term profit of the company. Employee morale is suffering.