Legal & General Group

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Legal & General Group Reviews

Updated 12 February 2015
Updated 12 February 2015
43 Reviews
2.8
43 Reviews
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Tim Breedon
23 Ratings

Employee Reviews

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  1.  

    Very poor internal communication

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Kingswood, South West England, England (UK)
    Current Employee - Anonymous Employee in Kingswood, South West England, England (UK)

    I have been working at Legal & General Group full-time (less than a year)

    Pros

    Still a good name to be associated with.
    Deliver good products
    Good work life balance, good gym & classes
    Great car sharing
    Parking has improved

    Cons

    Exceptional poor internal communication - expect to find out all your information from gossip and the media - including the information you need to do the job !
    There only seems to be one visible executive, who seems more focused on politics than running the company.
    IT systems and controls exceptionally weak with no long term planning.
    No networking opportunities

    Advice to ManagementAdvice

    1. Communicate to your staff, don't be frightened of them.
    2. Understand the connection between Vision, Strategy and tactical planning.
    3. Develop a proper IT Strategy and implement it.

    Recommends
    Positive Outlook
    Disapproves of CEO
  2.  

    Great place to work if you don't care

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in London, England (UK)
    Current Employee - Senior Manager in London, England (UK)

    I have been working at Legal & General Group full-time (more than 3 years)

    Pros

    Perfect place to "work" if you want to do 9am - 5pm, want flexible working or an easy life.

    If you're a politician, you'll go far.

    Cons

    If you're not interested in politics, want to achieve something, work with talented people, progress your career or make a difference, look elsewhere.

    Incompetence makes doing a decent job impossible. Unless you work in risk.

    Advice to ManagementAdvice

    The politics and poor decisions are putting L&G in a very bad position for the future in order to protect today's share price. If you make a bad decision, it's better to change your mind than to force it through (e.g. every single technology decision that's being made).

    Stop focusing on risk and start thinking about the customer.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Beyond awful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Finance Analyst in London, England (UK)
    Current Employee - Senior Finance Analyst in London, England (UK)

    I have been working at Legal & General Group full-time (more than a year)

    Pros

    The name might get you a decent job elsewhere.

    Cons

    Compensation: If you pay peanuts you get a bunch of monkeys. Processes, management radical overhaul, limited career and salary growth opportunities.

    Advice to ManagementAdvice

    Invest more into employees and pay them a market wage at least.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Was a great place but culture has changed totally in last 18 months

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

    I have been working at Legal & General Group full-time (more than 10 years)

    Pros

    Very good name on cv. Was always plenty going on to allow for challenge and development. Previous staff and performance appraisal policies were transparent and ensured fair outcomes

    Cons

    Once you are onboard your package does not keep pace with the market
    huge cultural shift and restructures since mid 2013 have increased centralisation, reduced resource beyond what is comfortable to manage business and result in staff working long hours without adequate support
    increasingly political management which seems to value those who make the right noises over those with the knowledge who can actually do the work; a recipe for disaster once they lose the good people. Increasingly bullying culture to achieve results
    Years of underinvestment in systems is now becoming critical yet they are cutting costs still further
    poor progression internally

    Advice to ManagementAdvice

    Value your staff and try the carrot not the stick
    if you want to cut costs in the long run and improve customer service at the same time you need to invest in systems now
    stop being so kingswood centric. You will find that it isnt the centre of the universe and in many cases your most productive staff are elsewhere
    trest people fairly including reward. The current performance system is far worse than the previous one as it is open to abuse and allows favourtism.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Good when they know what they are doing

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

    I have been working at Legal & General Group

    Pros

    Good work life balance and culture

    Cons

    Constantly changing departments and reporting lines

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Worthy but dull

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Legal & General Group full-time (less than a year)

    Pros

    Large company benefits in Kingswood, pleasant location, gym, swimming pool etc. Good worklife balance.

    Cons

    Generally known as a dinosaur in the financial industry. Clunky systems that don't speak to each other. Complicated matrix management systems. Too many people involved before a decision is made. Behind the curve in creating financial platforms and running to keep up.

    Advice to ManagementAdvice

    Top management all have financial backgrounds, more focus on people than profit and product.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Great benefits, but too much internal change.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Hove, England (UK)
    Current Employee - Anonymous Employee in Hove, England (UK)

    I have been working at Legal & General Group full-time (more than 3 years)

    Pros

    Great benefits, such as pension, bonus and staff discounts.
    Nice office environments and making improvements. Friendly colleagues and there's always someone to help you with a project.

    Cons

    Painfully slow progress upgrading systems/IT.
    Too much internal change, re-structuring, office closures and redundancies while recruiting like crazy call centre and operational staff. Some roles aren't even advertised, you just hear that so and so is now Director of this or Head of that.
    Repetitive - every year the same thing. Many managers here are creatures of habit and are comfortable just doing the same thing year in, year out, despite internal change to business areas, staff opinion and advancements in technology.
    External announcements of healthy profits and growth does not stack up with the internal turmoil and senior management re-shuffles that happen on an annual basis.

    Advice to ManagementAdvice

    Put together a carefully thought out strategy BEFORE announcing change. Make redundancies and office closures a last resort rather than the first knee-jerk response to internal change.
    Treat all grades of staff more fairly.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    Legal & General - A few bad apples in senior management

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Legal & General Group

    Pros

    Some great people working there, lovely location in Kingswood and the London office is very pleasant too. Staff are very well looked after. Current CEO has some terrific ideas and has kept the company at the head of the game.

    Cons

    There are a handful of very senior female directors at the company that bully and abuse their staff, and, despite this being well known, it is allowed and a lot of good people leave because of this. Very disappointing and makes would could be a great company to work for a potential nightmare. However there are one or two fantastic female directors and perhaps the reason they do not get appointed to the board is because the 'bad apples' have tarnished the reputation of women in this company.

  10. 1 person found this helpful  

    Varied interesting work, average senior management, responsibilities beyond fair remuneration, very difficult to move up

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Finance Analyst in Brighton, England (UK)
    Former Employee - Senior Finance Analyst in Brighton, England (UK)

    I worked at Legal & General Group full-time (more than 3 years)

    Pros

    Good opportunity for work life balance, good work environment. Good benefits, good community presence.

    Cons

    Poor review system allowing wide interpretation by untrained management. Management often make poor decisions in areas they are not trained to deal with e.g. health issues and then abuse performance management techniques in an attempt to resolve.

    Advice to ManagementAdvice

    Apply culture and values more fairly and prevent department management from watering these down to control performance and reward in favour of a few preferred employees.

    Recommends
    Neutral Outlook
    Approves of CEO

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