Lincoln Financial Group

  www.lfg.com
  www.lfg.com
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Lincoln Financial Group Reviews

Updated 30 September 2014
Updated 30 September 2014
197 Reviews
3.3
197 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
102 Ratings

Review Highlights

Pros
  • They do offer a good Work-Life Balance compared with other companies in the Financial Services Industry (in 23 reviews)

  • If you can hang onto this job then there are great benefits including tuition reimbursement which is very important (in 22 reviews)


Cons
  • Recognition of work life balance seems to be declining sharply (in 6 reviews)

  • Top heavy with many meetings having redundant discussions (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    A great place to start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group

    Pros

    Management believes in promotion from within. There are multiple growth opportunities and hard work does not go unnoticed.

    Cons

    Workloads can be heavy from October-March. If you are not willing to put in extra hours during this time of year you may become overwhelmed trying to keep up.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great Learning Experience and pretty good work-life balance

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Group

    Pros

    The company did a pretty good job at work/life balance and provided me with good training in understanding this field.

    Cons

    Can be demanding at times, depending on the amount of clients.

  3.  

    Great benefits, but not great pay or advancement opportunity.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative  in  Fort Wayne, IN (US)
    Current Employee - Customer Service Representative in Fort Wayne, IN (US)

    I have been working at Lincoln Financial Group full-time for more than 5 years

    Pros

    401k program is excellent. Healthcare costs are pretty low.

    Cons

    Low pay compared to similar companies. Not a lot of advancement opportunities.

    Recommends
    Neutral Outlook
    Disapproves of CEO
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  5.  

    very rewarding work experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst  in  Arlington Heights, IL (US)
    Former Employee - Financial Analyst in Arlington Heights, IL (US)

    I worked at Lincoln Financial Group full-time for more than 8 years

    Pros

    excellent environment to work. mixed culture.

    Cons

    sometimes the work is is so demanding

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Management needs an overhaul.

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

    I worked at Lincoln Financial Group full-time

    Pros

    The benefits offered were the best part of the job. The 401k plan was superior to most other companies.

    Cons

    The environment is not a welcome one if you do not come with a trust fund. The management is not concerned with the needs of their direct reports.

    Advice to ManagementAdvice

    Listen to what needs to be done to help everyone be more successful.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 3 people found this helpful  

    Sub-Par Company, frustrating work environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Philadelphia, PA (US)
    Current Employee - Anonymous Employee in Philadelphia, PA (US)

    I have been working at Lincoln Financial Group full-time for more than 5 years

    Pros

    Very authentic senior management, good benefits, mid size insurance company. Managed to survive financial crisis, but not immune to another crisis.

    Cons

    Very poor middle management, short term goals undermine long term core values of company. Uncompetitive compensation, at best suited for sub-par professions who want to sit for a few years. Advancement opportunities are not given on basis of merit. Waste of budgets every year, tv ads misrepresent internal company realities, but great marketing dept.

    Advice to ManagementAdvice

    Disconnect between Senior management and employees. Problem is mid level management at manager and director level, abuse of power issues. Merit not rewarded, Lincoln would not approve. Outsourcing services and functions very short term benefits, long term risks.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Don't bother working in jobs outside of the sales area

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst
    Current Employee - Financial Analyst

    I have been working at Lincoln Financial Group full-time for more than 10 years

    Pros

    Good 401k match and work life balance. The company knows how to reward sales people. If you are not involved in sales avoid this company.

    Cons

    The company lacks a clear path to develop internal talent. If your going to join this company don't plan to spend more than 2-3 years there.

    Advice to ManagementAdvice

    Focus on developing the talent that you have internally rather than hiring outside the company for new opportunities.

    Recommends
    Positive Outlook
    Disapproves of CEO
  9.  

    Not Bad, Not Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Implementation Manager  in  Omaha, NE (US)
    Current Employee - Implementation Manager in Omaha, NE (US)

    I have been working at Lincoln Financial Group full-time for more than a year

    Pros

    Professional and accessible managers, low turnover.

    Cons

    Lousy, Immature co-workers. Working in the implementation department was like going back to romper room every day. Co workers at times made unprofessional, inappropriate and even racist comments.

    Advice to ManagementAdvice

    Remind employees that when you go to work, you should behave like adults.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10.  

    I enjoyed working for Lincoln Financial Group. The people in Hartford are awesome!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Actuarial Analyst  in  Hartford, CT (US)
    Former Employee - Senior Actuarial Analyst in Hartford, CT (US)

    I worked at Lincoln Financial Group full-time for more than 3 years

    Pros

    The company provides great support for actuarial students to progress through the rigorous exam process. The actuarial program is very structured and provides appropriate incentives.

    Cons

    There seem to still be some struggles with integration from the merger with Jefferson Pilot. There is culture clash and miscommunication between campuses.

    Advice to ManagementAdvice

    Lincoln Financial Group is a great company and a great employer. I would still be there if human resources hadn't botched my relocation!

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    It's what you make it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Greensboro, NC (US)
    Current Employee - Anonymous Employee in Greensboro, NC (US)

    I have been working at Lincoln Financial Group full-time for more than 5 years

    Pros

    This is a sales organization so the focus is on sales. As long as you are in one of the sales divisions you have significant earning and job satisfaction potential. Fantastic 401k match and strong annual bonus potential.

    Cons

    A little weak in health benefits but they make it up with the 401k. Like every company this size, leadership has some pockets of empty suits.

    Advice to ManagementAdvice

    Stop hiring only Merrill people.

    Recommends
    Positive Outlook
    Approves of CEO

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