Lincoln Financial Group

  www.lfg.com
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Lincoln Financial Group Reviews

Updated Jul 28, 2014
All Employees Current Employees Only

3.4 184 reviews

73% Approve of the CEO

Lincoln Financial Group President, CEO, and Director Dennis R. Glass

Dennis R. Glass

(94 ratings)

65% of employees recommend this company to a friend

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)

  • Advancement opportunities are not given on basis of merit (in 4 reviews)

More Highlights
184 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Excellent place to work

    Business Analyst (Current Employee) Omaha, NE (US)

    ProsI love the culture, people, flexibility and competitive salary

    ConsNone that I can think of

    Advice to Senior ManagementKeep up the good work

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Limited advancement opportunities

    Internal Wholesaler (Current Employee) Radnor, PA (US)

    ProsWell known company thats been in business for a long time

    ConsManagement is only interested in promoting brown nosers over more senior hard working employees.

    Advice to Senior ManagementThey need to take a look at older more tenured employees that are more dedicated to their jobs instead of people that are 22 and right out of college.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    1 person found this helpful  

    Very typical company that is a large corporation.

    Anonymous Employee (Current Employee)

    ProsGreat 401k plan and benefits. Has on site cafeteria and Starbucks. Lots of opportunity for advancement. Most of management has an "open door" policy.

    ConsContact Center is more focused on stats as opposed to the customer experience. They say they are focused on the customer experience but they equate that only to hold times.

    Advice to Senior ManagementListen to all of your employees. They are the ones that speak to the customers. If their morale is down because of what management has put in place, change. Taking paid holidays away from employees really hurts morale (granted, when you are being paid 2 1/2 times your pay on a holiday, it helps). But when people make plans for a holiday and then 3 weeks before the holiday, they are told that they will be working, it really hurts morale.

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Sales Comp Analyst at Lincoln

    Sales Compensation Analyst (Current Employee) Radnor, PA (US)

    ProsExcellent independence and work environment. Great hands off managers. High level of talent within the workplace. Very quick to adapt to market changes. Good support of independent thinking and promotes continuous improvement in any means you would like to execute.

    ConsLimited training opportunities and most of it is voluntary. I personally think training should be mandatory so everyone is on the same page.
    Frequent organizational changes that are some times unecessary.
    Heavy reliance on external consulting when the answer and solutions are already known by the operations/front line employees.

    Advice to Senior ManagementYou hire some of the best people in the industry, but that doesn't mean they can rest on their laurels. Ramp up your training program for both sales and operations, especially internals.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great stepping stone to your career

    Business Analyst (Current Employee) Omaha, NE (US)

    ProsGreat place to work to have a work/life balance. Opportunities to grow within your career and training is always available.

    ConsVery process driven with a lack of innovation and opportunities to develop with new ideas. "This is how we've always done it"

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Challenging project with great people.

    Senior Applications Developer (Former Employee) Fort Wayne, IN (US)

    ProsGreat people to work with on a challenging project.

    ConsTop heavy with many meetings having redundant discussions.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    A great place to work, great culture and work life balance

    Vice President (Current Employee) Phila, PA (US)

    ProsCulture, growth potential, Senior management very approachable

    ConsMy commute, Location in Phili, mobility within the company due to its size

    Advice to Senior ManagementFocus on core competencies when it comes to new acquisitions rather than branching out

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    They pay well but there's no loyalty here...

    Anonymous Employee (Former Employee)

    ProsPays well, depending on the job it's pretty easy, excellent training for the position.

    Cons1. Managers aren't typically qualified to be at their level. 2. Later in the year they told everyone that they needed to meet their end of year goals and then they were letting everyone go because they wanted to close that branch. 3. After we were let go I asked my former supervisor (he ended up moving to another branch) for a reference and he said it's company policy not to provide these to any former employee unless he wishes to be fired himself. I confirmed this with other co-workers. That's the sort of company you're dealing with.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Waste of Investors money with poor strategic project management

    Business Analyst (Current Employee) Omaha, NE (US)

    ProsIf you enjoy not working or thinking this is the place for you. Many departments are in their own bubble and won't bother you. They dont even know how their department effects others. Projects are so slow that taking a vacation and coming back where you left off is common. They have a kiosk that offers starbucks drinks at a cheaper cost.

    ConsToo many "bosses" so few true leaders. I was hoping to find leadership qualities within this financial institute to help my career growth but rather saw that leadership didn't care to partake in the projects to understand what is truly needed to support the project team. Many times projects either dissolved after months of wheels spinning or morphed into multiple small projects with overlaping objectives. Management continued to bring in more resources from multple consulting companies that offer "best practices" hoping projects would move, but did the opposite and caused more spinning with side activities regarding best practices and not really focusing on making strategic decisions to move the project forward to completion. The company is saturated with third party relationships that continue to fail and slow projects down. There is a clear dividing line between "workers" and "management" that carries too much politics to want to help this company succeed. They turn a blind eye to employees and praise many of the consultants who take others work and add pictures and slides. If you're looking for a career growth and a healthy working environment, I would look else where as they are setting you up to fail within this organization.

    Advice to Senior ManagementStop looking elsewhere for your answers and try to involve yourself more to make strategic decisions as the leader. Moving deadlines and adding resources doesn't provide the solutions. Own your decisions and be transparent with them to your team otherwise you will not get the support or build the moral for a sucessful team/department. Share your goals and visions FREQUENTLY and take the time to LISTEN to those that are there to support you to reach those goals. Without that relationship there is no motivation to accomplish someone else goals with no purpose. AVOIDANCE and ABSTINENCE will not get the job done or at least not succesfully.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Company is too top heavy and sales rep focused

    Anonymous Employee (Former Employee)

    ProsNice to work for a corporate company in terms of benefits and job stability. However, the company is too top heavy with directors and Executive VP's for everything. Recent restructuring was a disaster out in the field offices and was never even piloted.

    ConsNo room for advancement unless you live in Omaha near their home office *no thanks*. Pay is not nearly enough for the amount of stress you deal with on a daily basis.

    Advice to Senior ManagementCut the fat, there is no need to have so many executives. Start focusing on the people that make it happen every day and pay them accordingly.

    Next time you want to roll out a new program, try piloting it first and actually listen to what people who are being affected by it have to say.

    Yes, I would recommend this company to a friend

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