LPL Financial reviews

3.4

57% would recommend to a friend

(556 total reviews)
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Rich Steinmeier

65% approve of CEO

58% positive business outlook

Reviews by job title

556 reviews

Reviews about "Compensation"

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2.0
May 4, 2022
Recommend
CEO approval
Business Outlook

Pros

decent lead time before getting fired (usually 6-9 month termination process for under-performers, sometimes longer) unless your team team gets laid off, but that doesn’t happen much at all in the current environment. Stock price is on a good trajectory. More work thank you could ever ask for

Cons

Compensation is low and don’t expect to be rewarded for any impact or company performance, that’s only for MDs & Board. Weird requirements to join CEO & HR Town Halls where only topics are compensation complaints, but nothing material is ever done about it. Leadership at top struggles to hide inability to be impressed with workforce & the work product of workforce, but frankly he may have a point. Nothing ever done about it or the many other challenges you encounter here. Advice - master PowerPoint for your boss & you’ll be alright.

1.0
May 4, 2022

Good luck getting a good manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Compensation is good and benefits are good (think of it as hazard pay). There are some good managers (and a lot of bad managers).

Cons

There are many bad managers. The company advertises meaningful core values but most managers do not actually practice these values.

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