Prudential reviews

3.7

66% would recommend to a friend

(5,228 total reviews)
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Andrew Sullivan

56% approve of CEO

57% positive business outlook

Prudential has an employee rating of 3.7 out of 5 stars, based on 5,228 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Prudential employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

5K reviews
1.0
Feb 14, 2014
Recommend
CEO approval
Business Outlook

Pros

Free parking at select locations.

Cons

Too numerous to list beyond the deceptive "Career Development Program" that benefits the agency to the crippling disadvantage of the advisor. This is an excellent category to discuss the Cons, many of whom are in sales management. If you find yourself in a room with these people, look for an easy and quick exit. There are far better firms to experience. This one lives off its agents through unsanctioned corporate fees (who pays to be appointed by his own firm?) and empty promises about marketing support.

1.0
Dec 18, 2013

Masochistic? This might be the place

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The "enterprise" of prudential is very reputable. Brand is strong and products are very competitive and innovative

Cons

There is a section of prudential known as agency distribution. It's what most of the common everyday clients of prudential see and know.....and it is evil The average financial professional there doesn't make more than 40k and has to work no less than 60 hours a week and put some 30k in unreimbursed mileage on their cars driving everywhere to see clients. And the newest of those don't make squat, really they don't pay them at all...nothing for up to 6 months in some cases. So what happens is that quality people with unique talents that actually know something about financial products and could actually help a client won't work for this company because why work for free or for less than a livable wage if you survive the no pay 6 month challenge. So instead individuals that should never be advising a client about any type of financial services or products take up these jobs and frankly your refrigerator water filter will last longer than 70% of them because they are hopelessly lost. So the next time you replace your filter just know that probably 700 people nationwide have become a fully licensed financial professional with little or no pay and failed BECAUSE if you work a job as complex and intense as this one you NEED to be paid and trained and given a chance to learn how to master a very important and serious profession. What you won't see or know until it's too late: You pay for licensing You pay for gas (as noted above) You pay for marketing You pay for insurance to protect yourself ( but really its a juicy target for an angry client once the company hangs you out to dry) You pay for office space (rent) You work from 9-9 most weekdays and sometimes weekends You are treated like on unwanted child by management and operations staff You have responsibilities far above that of any similarly compensated person in the world You only get major religious holidays You are expected to write statements for every mistake and meet with 3 people about the same mistake You will be hounded day and night by no less than 3 bosses And you MIGHT make 40,000 a year.

2.0
Jul 19, 2013
Recommend
CEO approval
Business Outlook

Pros

In exchange for lower salaries, employees are entitled to more PTO days and potentially flexible work arrangements for better work-life balance, which employees with children may appreciate. Medical, dental, and vision benefits are fairly generous--with employer matching for FSA medical accounts.

Cons

The culture, the people, and the technology are all ancient and monolithic. If you're a young professional looking to start a career with people of the mindset and age of nursing home residents, you've come to the right place. Few care about continuing education, or gaining experience or exposure outside of the same job that they have been holding onto for decades. Some can understand little beyond data entry. Expect to rub shoulders with a lot of underperformers who have been coddled by the company (when it was still mutualized) since they were hired out of high school. Salaries are on the lighter side for financial services, unless you're one of the many Vice Presidents or Directors in the bloated reporting structure. Meetings go on for hours with no discernible purpose or results. Mid-level managers frequently have technical experience but no emotional intelligence and were never taught any effective managerial or interpersonal skills. I wonder how many would survive outside the company if they were laid off. When I started, my computer still had Internet Explorer 6. If you hate IBM Lotus Notes, run. Many employees resist migration to newer, more efficient systems and cling onto legacy applications.

Viewing 307 - 309 of 5,228 Reviews

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