Lincoln Financial Group Reviews

Updated 7 August 2014
Updated 7 August 2014
188 Reviews

3.3
188 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Lincoln Financial Group President, CEO, and Director Dennis R. Glass
Dennis R. Glass
97 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

57 Employee Reviews Back to all reviews

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  1.  

    Internal Wholesaler

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group

    Pros

    Good Benefits, competitive salary, great co-workers.

    Cons

    A lot of turnover in wholesaling force.

  2. 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 for more than a 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
  3.  

    Development

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lincoln Financial Group

    Pros

    flexible hour and well balanced life

    Cons

    growth opportunities are minimal, takes time to grow

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  5.  

    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 for more than a 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
  6.  

    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 for 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
  7.  

    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 for more than a 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
  8.  

    Good people

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

    I worked at Lincoln Financial Group full-time for more than 10 years

    Pros

    The local employees were great to work with.

    Cons

    Senior management changed for the worse. Lincoln is not the same company that it once was.

    Advice to ManagementAdvice

    go away...

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    Good overall and stable but outdated technology and no HR organization

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

    I worked at Lincoln Financial Group full-time for more than a year

    Pros

    Nice people and decent benefits. A conservative company that's not taking big financial risk

    Cons

    Very isolated and segmented. Nobody understands what the other areas of the business do. No integration of systems. For a company that has teams in all different locations you'd think they'd get video conferencing at least. No money spent on the most basic of systems. HR dept is a joke. I left voluntarily but they didn't even do an exit interview which is weird for a large corporation. There's a lot of tension between the different locations as everyone is afraid of losing jobs through layoffs and relocation to the corporate office in Philly.

    Advice to ManagementAdvice

    Management rarely listens to employees. Why would they start now.

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

    Don't bother working in jobs outside of the sales area

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

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

    Pros

    Good 401k match and work life balance. The company knows how to reward sales people. If you are not involved in sales avoid this company.

    Cons

    The company lacks a clear path to develop internal talent. If your going to join this company don't plan to spend more than 2-3 years there.

    Advice to ManagementAdvice

    Focus on developing the talent that you have internally rather than hiring outside the company for new opportunities.

    Recommends
    Positive Outlook
    Disapproves of CEO
  11.  

    Not Bad, Not Great

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

    I have been working at Lincoln Financial Group full-time for more than a year

    Pros

    Professional and accessible managers, low turnover.

    Cons

    Lousy, Immature co-workers. Working in the implementation department was like going back to romper room every day. Co workers at times made unprofessional, inappropriate and even racist comments.

    Advice to ManagementAdvice

    Remind employees that when you go to work, you should behave like adults.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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