Lincoln Financial Group

  www.lfg.com
  www.lfg.com

Lincoln Financial Group Reviews

Updated 19 November, 2014
Updated 19 November, 2014
211 Reviews
3.3
211 Reviews
Rating Trends

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Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
109 Ratings

Review Highlights

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

  • not much I can think of but a great benefits package (in 22 reviews)


Cons
  • The organization preaches work life balance but that's not true (in 7 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great culture, great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Fund Analyst in Fort Wayne, IN (US)
    Former Employee - Fund Analyst in Fort Wayne, IN (US)

    I worked at Lincoln Financial Group full-time (more than 5 years)

    Pros

    Good strategic vision. Many opportunities to change roles within company if needed. Benefits are solid.

    Cons

    Many layers of project managers asking for the same things. Streamlining requests can be frustrating.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Overall, good company.

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

    I have been working at Lincoln Financial Group full-time (more than 3 years)

    Pros

    Good benefits, competitive salary, generous time off, and flexible work schedule for salaried employees. Leadership is accessible and will listen to your concerns. Hard working employees, most have a very good work ethic. Very friendly people!

    Cons

    Limited flexibility for hourly employees. Need to update systems, rather antiquated. Need a more holistic on boarding program. Need to add more people in HR, the generalists are swamped.

    Advice to ManagementAdvice

    Give hourly employees more flexibility. Update old systems.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Innovative, smart people, good compensation

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

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

    Pros

    Lincoln has a lot of really smart people. The environment is pretty collaborative and the product/distribution partnership is strong. Work/life balance is decent. Politics vary depending on which area you work, but overall, compared to peer companies, it's OK. Financially has performed very well, even during some very turbulent times. Consistently scores higher than peer companies on employee engagement.

    Cons

    A lot is going on, so hard to manage the pace if you've got a lot of personal demands, but again, most managers are supportive of work/life balance, flexible schedules, telecommuting. A little behind the times from a technology standpoint.

    Advice to ManagementAdvice

    Keep listening to employees through engagement surveys, town hall meetings, but more important small group interactions. Don't overlook the stuff that's tough to hear.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Contractor in the IT Department

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

    I have been working at Lincoln Financial Group as a contractor (more than an year)

    Pros

    Great people to work with. The staff and support people were very good and made some lasting friends. Plenty of work to do.

    Cons

    No clear direction from management. Many changes in plans, scope, and decisions. Lots of process and bureaucracy. Very top heavy and multiple decision makers.

    Advice to ManagementAdvice

    Steamline processes and reporting. Re-vamp and modernize the employee time reporting. Reduce management overhead and consolitdate departments.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    Good Company, Poor Training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Paraplanner in Chicago, IL (US)
    Former Employee - Paraplanner in Chicago, IL (US)

    I worked at Lincoln Financial Group full-time (more than an year)

    Pros

    The job and people are interesting
    Flexible schedule, work/life balance
    unlimited earning potential

    Cons

    There's really no one available to mentor if you are just starting out

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Plenty of technology work going on, but organization is very hierarchical and bureaucratic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Development Consultant in Rolling Meadows, IL (US)
    Current Employee - Software Development Consultant in Rolling Meadows, IL (US)

    I have been working at Lincoln Financial Group as a contractor (more than 3 years)

    Pros

    Company has good benefits, and the work is stable and the work hours are reasonable. With so many software systems adopted from acquisitions, there's a lot of software development and technology work throughout the organization.

    Cons

    As with many other large companies, the organization is very hierarchical and bureaucratic. There are many bad decisions that are made in a vacuum that end up wasting effort and money.

    Advice to ManagementAdvice

    Remove layers in the organization to better connect upper management with what's going on 'on the ground'. Adopt better ways to measure performance against goals, to better gauge what is and is not working, and whether decisions have yielded desired results.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Hire managers that can manage people

    • 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 full-time (more than an year)

    Pros

    Benefits, reputation of company, clients, and co workers

    Cons

    Management that is promoted because they were good at a job, not because they have people skills or management experience.

    Advice to ManagementAdvice

    Create an environment that is less threatening to the pions doing the job, and ensure a level playing field.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Good people but poor direction at times

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

    I worked at Lincoln Financial Group as a contractor (more than an year)

    Pros

    Great people
    Work-life balance was spot on

    Cons

    Work often went to waste
    Lack of opportunity

    Recommends
    Positive Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Great ethical company

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

    I worked at Lincoln Financial Group full-time (more than 5 years)

    Pros

    Lincoln Financial Group is a smart, ethical company with great culture from top to bottom for serious professionals.

    Cons

    Lincoln does a good job of retaining people. The downside to staff retention is relative difficultly advancing from within. Some people will look for opportunities outside Lincoln and will eventually return at a higher level.

    Advice to ManagementAdvice

    Look for ways to increase mobility. Consider reaching across departments to give employees opportunities to develop and build stronger, more well rounded executive candidates.

    Recommends
    No opinion of CEO
  11.  

    worst place I ever worked

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Coordinator in Hartford, CT (US)
    Current Employee - Project Coordinator in Hartford, CT (US)

    I have been working at Lincoln Financial Group full-time (more than an year)

    Pros

    there was a gym in the building we had access to. but that's the only Pro

    Cons

    IT there is horrible and not secure with software and software licenses. management is horrible and rude. other employees make you pay to use the toaster on the floor. So I brought in a free one for everyone to use and they flipped out and had it taken away. too much drama. under paid employees, and everyone seems to be completely disposable.

    Advice to ManagementAdvice

    spend less time on yourself and more on the employees, spend less time pointing fingers and more time just getting the job done and helping each other.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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