Sun Life

www.sunlife.com
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4 people found this helpful  

3 year downhill stumble that ends in 800 layoffs

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Sales Representative in Wellesley, MA (US)
Current Employee - Sales Representative in Wellesley, MA (US)

I have been working at Sun Life

Pros

Fair benefits though they got cut back over the years. Good work life balance for most

Cons

Bad career development. Spent way too much on sales and sponsorships. HR department goes by the book when it benefits them but makes excuses when it doesn't. Badly run and now employees not involved in the decisions are paying for it. Employees that survive the layoff, including the new college leadership people, should take note and get out quick as it will get worse.

Advice to ManagementAdvice

Accept the blame for your bad decisions, get rid of senior managers who killed the business, and use the money saved to give more to the people you are throwing out on the street, they deserve it more

Doesn't Recommend
Disapproves of CEO

333 Other Employee Reviews for Sun Life (View Most Recent)

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  1. 1 person found this helpful  

    political and bureaucratic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Manager
    Former Employee - Manager

    I worked at Sun Life

    Pros

    nice location and campus, free parking, nice facility and fitness center
    very conservative risk management
    multi line businesses and operations

    Cons

    weak leadership and lack of team work
    more about showmanship than substance
    too much cronyism, same leaders get shuffled around

    Advice to ManagementAdvice

    open your eyes and make the right calls
    stick to a strategy instead of fad of the day leadership
    focus on strategy

    Doesn't Recommend
  2.  

    Good career advancement within the program, not so much elsewhere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Rotational Leadership Development Program in Wellesley, MA (US)
    Current Employee - Rotational Leadership Development Program in Wellesley, MA (US)

    I have been working at Sun Life

    Pros

    Work life balance, people are very nice, good hours. Depending on your role (this is talking specifically to RLDP), interesting work. RLDP program is great although bogged down by HR. Not too happy with HR but within the program we get tons of access to senior leadership and there is definitely an effort to develop us.

    Cons

    Slow. very slow. Many people are lifers and not ambitious. It can be hard to advance depending on where you are as there are too many layers of management in some instances. Culture is just kind of static which kind of sucks for young people.

    Advice to ManagementAdvice

    Less layers of management, make it a bit more fast paced. IMPROVE TECHNOLOGY.

    Approves of CEO
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