LPL Financial reviews

3.4

56% would recommend to a friend

(556 total reviews)
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Rich Steinmeier

65% approve of CEO

57% positive business outlook

Reviews by job title

556 reviews

Reviews about "Compensation"

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4.0
May 19, 2018
Recommend
CEO approval
Business Outlook

Pros

Nice buildings, good people, lots of jobs you can do.

Cons

Pay is not the best overall and raises are always very very tight. Lot of lower skill/lazy people at the lower job levels.

4.0
Apr 19, 2018

Lol review

Recommend
CEO approval
Business Outlook

Pros

Flexible hours, decent pay, good benefits

Cons

Requirements are often given Midway through Sprint.

2.0
Mar 26, 2018
Recommend
CEO approval
Business Outlook

Pros

Working indoors, no clock punching. On site clinic.

Cons

Extremely Low Pay with never any adequate merit increases aka below 2% annual raise if any. There were no raises for 3 out of the 4 years of my tenure. During my 4 year employment at LPL Financial, I discovered that the company has the Mcdonalds and Walmart leadership philosophy, which is, lets take advantage of the labor market by capitalizing on low pay and high turnover and not consider the cost savings of higher paid and happier employees (low turnover). Employees are considered expenses not assets. Also, this company wishes to outsource and resource as much as possible. I saw an entire department almost vanish overnight, putting heavy strain on the few employees that remained in that department. Overall, the leadership at the highest level disgusts me. Building Office conditions are deteriorating, the carpet is never steamed cleaned and vaccumed poorly, vents also are accumulating dust. The drinking water taste like tap water, without adequate filtration. Many employees feel my sentiment, it is especially felt in the town hall meetings. Overal uptight atmosphere, low employee morale, low pay, high volume work, high expectations with strict deadlines, the executives think an occasional free lunch is adequate to keep employees happy.

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