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Lincoln Financial Distributors

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Lincoln Financial Distributors Reviews

4.0

84% would recommend to a friend

(46 total reviews)

Dennis R. Glass

79% approve of CEO

56% positive business outlook

Lincoln Financial Distributors has an employee rating of 4.0 out of 5 stars, based on 46 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lincoln Financial Distributors employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

46 reviews
2.0
8 Aug 2016

Lincoln Annuity Inbound Sales Representative

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Lucky to have been on a team with other great young professionals

Cons

Unfortunately for me I started at Lincoln during a bad time when there was a lot of uncertainty surrounding the DOL ruling. My experience here (aside from the great people on my team) has been increasingly poor. There has been a significant amount of employees quitting, but no opportunity for advancement. When an opportunity does arise, former military personal are blatantly given many advantages and opportunities over others. Hard work, results, and willingness to help others go very unnoticed and underappreciated. The overall low morale has made it a hard place to want to go work every day.

1.0
1 Apr 2017
Recommend
CEO approval
Business outlook

Pros

PTO is decent to start, 401k match is pretty good. Annuity Sales desk located in Radnor/Wayne which is a nice area.

Cons

Where do I start lol. With every corporate job you know what your getting... a big organization with a lot of politics, lots of middle management, tough to climb the corporate ladder. 1. There are a lot of "Rules" to follow at Lincoln you almost feel like a kid in grade school again. You absolutely must be in the office for 9 hours a day, 8 working hours and an hour for lunch. They make you take an hour for lunch. For example if you wanted to just work 8 hours and skip lunch or eat at your desk- not allowed. Have to be there 9 hours and they know because there is a clock in and out system. 2. Sales desk management has the "what have you done for me lately" attitude all the time. 3. They are very old school there, not much flexibility for anything. If you are hoping for flex hours or "work from home" on occasion.. think again that is not tolerated here. When in all reality anyone can because your on the phone and your computer for 9 hours. 4. There are also activity requirements for every internal sales person. You must have at least 60 phone calls per day and are put on a warning if you do not meet this requirement. The goal of their model is work you hard for little bonus pay, to the point where you get burned out after a year, year and half. Turnover rate is insane, they keep their entry level desk stocked always with young kids to fill the internal wholesaler openings. 5. The monthly bonus is laughable. Very hard to make good money at this organization because they "do not believe in paying internal sales". Finally there is a TON OF FAVORITISM within the organization. Certain people probably about 5% get favorable treatment and move very quickly into other positions.

3.0
5 Apr 2016

Regional Sales Director

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Tremendous upside earning potential. Generous 401k match and health benefits.

Cons

Constant pressure to exceed. "What have you done for me lately" attitude from management. Some cronyism exists.

Viewing 1 - 3 of 46 Reviews

Glassdoor has 49 Lincoln Financial Distributors reviews submitted anonymously by Lincoln Financial Distributors employees. Read employee reviews and ratings on Glassdoor to decide if Lincoln Financial Distributors is right for you.