Lincoln Financial Group

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

Updated 8 September 2014
Updated 8 September 2014
192 Reviews
3.3
192 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
99 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)

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

More Highlights

60 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Great for sales careers, support staff, not so much.

    • 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

    They have a fantastic benefits package and lots of upward mobility for sales staff.

    Cons

    Support staff kind of gets shortchanged when it comes to treatment in the hierarchy. Everything revolves around the sale of VAs.

    Advice to ManagementAdvice

    Treat everyone equally and show the support staff that they matter to getting the bottom line accomplished.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    Each division is truly different

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

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

    Pros

    Entrepreneurial in nature. Can create your path within the company. Nice 401k plan. Compensation is tight at the mid level tier.

    Cons

    Slow to act. Must play the corporate game. New initiatives and products are launched at 75%. Technology struggles is an understatement.

    Advice to ManagementAdvice

    Does a great job of managing individual contributors. Unless you are in the PDP program it is difficult to move through different groups within the copmany.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Intern

    Former Employee - Wealth Management Intern  in  Cherry Hill, NJ (US)
    Former Employee - Wealth Management Intern in Cherry Hill, NJ (US)

    I worked at Lincoln Financial Group as an intern for less than a year

    Pros

    Great people. They really put an effort into training and explaining anything you need. Internship was an unpaid position but overall it was great experience and worth it.

    Cons

    None that I could see from my position. Employees were given a good amount of time off and most fridays the whole team left early and went to happy hour.

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  5.  

    Overall a great company to start a career

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

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

    Pros

    You get real work and no matter your rank, you are heard. Work with some of the most amazing and hard working people you'll meet

    Cons

    No formal training, too much responsibility for one person at times, constant meetings

    Advice to ManagementAdvice

    Too many leadership and pm roles given to people without proper experience

    Recommends
    Negative Outlook
    No opinion of CEO
  6.  

    One of the best

    • 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 as a contractor for more than a year

    Pros

    This is one of the best insurance/investment companies to work in

    Cons

    There are many locations and cultures, and as a life/annuity insurance company, there are many folks getting by for years.

    Advice to ManagementAdvice

    Create accountability on the small stuff.
    Create clearer leadership framework 'in the middle'

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Flexible and making progress in becoming innovative

    • 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 for more than 3 years

    Pros

    A friendly and flexible environment

    Cons

    Not able to use all the available resources

    Advice to ManagementAdvice

    Continue to embrace innovation

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    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 for 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
  9.  

    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 for 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
  10.  

    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 for 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
  11. 1 person found this helpful  

    Awesome benefits

    • 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 for more than 10 years

    Pros

    Great benefits! Good culture for the most part... Encourages local involvement in charity work.

    Cons

    Too top heavy... too many in upper management

    Advice to ManagementAdvice

    Mske sure you look at realistic numbers before making decisions... lots of data is just smoke and mirrors -- and decisions are not logical

    Recommends
    Positive Outlook
    No opinion of CEO

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