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

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556 reviews

Reviews about "Compensation"

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1.0
Jul 26, 2019
Recommend
CEO approval
Business Outlook

Pros

Cafeteria. Get your birthday off.

Cons

Where do I even begin. The service department at LPL is horrible. The culture is awful and everyone hates helping anyone in other departments. The advisors are extremely rude. You are expected to be a robot and take call after call. You are micromanaged down to the second. There are no paid sick days so you are expected to use your PTO when sick. The pay is very low. The annual merit increase is a joke ( literally like 20 cents)even when you performance at a high level and earn the 7% increase (they tell you the department was only given x amount of dollars for merit increase). If you want to get licensed, good luck trying to get them to sponsor you. Promotions are based on favoritism. Company claims to be "client centric mindset" but it’s just all about numbers. Let's not forget about how the new hires are being paid more than current employees with more experience and LPL hasn't planned anything on raising salaries.

4.0
Jun 20, 2019
Recommend
CEO approval
Business Outlook

Pros

Good people, new building and good work life balance. Overall the company is experiencing growing pains but that means lots of opportunity

Cons

Salary is low compared to the market, but benefits help.

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