Prudential plc Reviews

Updated 22 February 2015
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2.0
9 Reviews
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Prudential plc Chief Executive Tidjane Thiam
Tidjane Thiam
2 Ratings

9 Employee Reviews

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  1. Helpful (1)

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

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

    I worked at Prudential plc

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
    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

  2. A bit like living in a Flashman novel

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in London, England (UK)
    Current Employee - Senior Manager in London, England (UK)

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    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.

  3. Needs to address bullying

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Prudential plc

    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.

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant in Singapore (Singapore)
    Former Employee - Financial Consultant in Singapore (Singapore)

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

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    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

  6. Helpful (2)

    People are unhappy at work, the turnover rate is high

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Hong Kong (Hong Kong)
    Current Employee - Anonymous Employee in Hong Kong (Hong Kong)

    I have been working at Prudential plc

    Doesn't Recommend
    No opinion of CEO
    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

  7. Helpful (2)

    Confused Place (I am talking about Knowledge Services only)

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Mumbai (India)
    Former Employee - Anonymous Employee in Mumbai (India)

    I worked at Prudential plc

    Approves of CEO
    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.

  8. Helpful (1)

    Too slow moving and change reluctant company

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager
    Current Employee - Senior Manager

    I have been working at Prudential plc

    Doesn't Recommend
    No opinion of CEO
    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"

  9. It is not a good place for ambitious individuals to pursue their careers.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Singapore (Singapore)
    Current Employee - Anonymous Employee in Singapore (Singapore)

    I have been working at Prudential plc

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Very flexible; decentralized; good working environment.

    Cons

    Poor time management; inefficient communication channels; lack to top management coordination; over relaxed sometimes.

    Advice to Management

    They need to transfer from task-focus to people-focus asap.

  10. Ok if you want to plod along

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager
    Former Employee - Manager

    I worked at Prudential plc

    Approves of CEO
    Approves of CEO

    Pros

    Can be very flexible around location of work, working from home is acceptable for example

    Cons

    Big organisation with not much devolved decision making power. Tendency towards blame culture prevents people from being prepared to go out on a limb

    Advice to Management

    If you don't have the time to consider the small things, give people the confidence to deal with them on your behalf.

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