Lockton Companies Reviews | Glassdoor.co.uk

Lockton Companies Reviews

Updated 11 Jun 2019

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Found 536 reviews

3.8
StarStarStarStarStar
Rating TrendsRating Trends
68%
Recommend to a Friend
85%
Approve of CEO
Lockton Companies CEO Ron Lockton
Ron Lockton
100 Ratings
Pros
  • "Low pressure work environment for interns(in 32 reviews)

  • "People at Lockton are wonderful, learned a lot over the summer internship, great company(in 29 reviews)

Cons
More Pros and Cons
  1. "Entrepreneurial, freedom to do what you want, freedom to fail"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - MI Analyst in London, England
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at Lockton Companies full-time for more than 3 years

    Pros

    Free to make changes and push the boundaries

    Cons

    If you need some level of guidance you will suffer

    Lockton Companies2019-05-28
  2. "Technician"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Technician in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lockton Companies full-time for more than 5 years

    Pros

    Lovely people, good culture, good coffee machine

    Cons

    Salary , not in line with market

    Advice to Management

    Treat back office staff well so they don’t leave for more money

    Lockton Companies2019-02-19
  3. Helpful (3)

    "Career sidestep"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Account Executive in London, England
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at Lockton Companies full-time for more than a year

    Pros

    -Support and training to build knowledge -a free drink here and there on a Thursday/Friday

    Cons

    -Below market compensation -micromanagement -cliques within teams -you’re just a number, unless you’re a producer/ older account exec.. -Lockton preaches family values but really operates like any other NYSE PLC.

    Advice to Management

    -Care more about your younger associates and less about paying partners big bonuses and buying the next corporate jet. -Put in place genuine discipline procedures for misconduct. I have seen too many good people exit this company for mistreatment that goes unacknowledged or brushed aside.

    Lockton Companies2018-05-25
  4. Helpful (1)

    "Nice but ruthless"

    StarStarStarStarStar
      Former Employee - Technician in London, England

      I worked at Lockton Companies full-time for more than 3 years

      Pros

      The danger money helped .

      Cons

      When your boss is replaced its time to get a proper job. PS How many Associates does it take to screw in a light bulb? Answer five. One to fire everyone near the light bulb when it went out. One to hire an Associate who knows which way to turn a bulb. One to fire the Associate when the bulb has been done up. One to hire a new team who can be fired when the bulb goes wrong again. One to write a leaned book...

      Show More

      Advice to Management

      Don't be so ruthless after all Associates are human too.

      Lockton Companies2018-01-25
    • "Vice President"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Vice President in London, England
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Lockton Companies full-time for more than 5 years

      Pros

      Entrepreneurial model with freedom to build on your own strengths

      Cons

      Sometimes hard to compete with the bigger brokers

      Advice to Management

      N/A

      Lockton Companies2017-11-28
    • "Very good company overall"

      StarStarStarStarStar
        Former Employee - Anonymous Employee 

        I worked at Lockton Companies full-time

        Pros

        Great culture and lots of freedom

        Cons

        Sometimes not very clear management.

        Lockton Companies2017-08-26
      • Helpful (1)

        "Work life balance tough"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Anonymous Employee 
        Recommends
        Neutral Outlook
        No Opinion of CEO

        I have been working at Lockton Companies full-time

        Pros

        The people are brilliant. Masses on responsibility very early on in your career if you want.

        Cons

        Work you to the bone. even when resourcing issue is raised unlikely to help. 50 hour weeks have become a norm.

        Advice to Management

        Invest in more people! Lockton is a lean organisation but there is 0 latent capacity

        Lockton Companies2017-05-20
      • "Partners need to ensure more 'H' from HR..."

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Risk Management in London, England
        Positive Outlook
        No Opinion of CEO

        I have been working at Lockton Companies part-time

        Pros

        Very customer and service focussed. Generally good on benefits and pay. Partnership structure means no external shareholders to satisfy.

        Cons

        Not great for social side or work life balance issues. Some partners can be bullies sonyou need to stand up for tourself. Needs to catch up with diversity and inclusion strategy.

        Advice to Management

        Work on staff wellbeing and focus on ensuring a human side to HR initiatives. Don't do everything 'by database'. More social activity needed.

        Lockton Companies2017-02-18
      • Helpful (4)

        "Terrible loyalty"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Vice President in London, England
        Doesn't Recommend
        Negative Outlook
        Disapproves of CEO

        I have been working at Lockton Companies for more than 10 years

        Pros

        Salary good and benefits , pension etc

        Cons

        No loyalty or respect, saw someone who worked here for 23 years canned due to restructuring and new management who did not know this man , he was intelligent qualified and hard working in the marine department respected by his peers but counted for nothing. No work life balance , partners out for themselves and their own pocket at expense of morality and care for staff , nasty bullies

        Advice to Management

        Make informed decisions rather than opinionated views

        Lockton Companies2016-12-25
      • "Bad office politics."

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Former Employee - Anonymous Employee 
        Doesn't Recommend
        Positive Outlook
        Disapproves of CEO

        I worked at Lockton Companies for more than a year

        Pros

        Good pension and healthcare and benefits.

        Cons

        Terrible office enviroment - a lot of bad office politics.

        Advice to Management

        Stop being so power hungry.

        Lockton Companies2016-09-12
      Found 536 reviews