Lockton Companies reviews

4.0

78% would recommend to a friend

(1,808 total reviews)
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Ron Lockton

91% approve of CEO

73% positive business outlook

Lockton Companies has an employee rating of 4.0 out of 5 stars, based on 1,808 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lockton Companies employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

2K reviews
2.0
Mar 14, 2017

It's Okay for Now

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They have a "work hard, play hard" culture. They like to socialize with weekly Beer Fridays and company events. Training, upward movement, and staying for the long haul is encouraged. The health plan is good if you like a very low monthly premium (approx $40 per month) with a high deductible plan.

Cons

As much as I like the laid back culture, it does have it's faults. Adequate, living pay seems to be substituted with Beer Friday's, etc. I signed up to work for money, not food and beer. I have a college degree and 5+ years in a corporate environment, but Lockton does not pay me enough to be able to live without roommates and I'm a stingy spender with no debt. I have felt pressured to work off-the-clock, unpaid hours. The work load gets ridiculous and there is no relief or sympathy. The health benefits package is great at first glance, with the ability to lower your premium to as low as approx $20/pay period. However, they only offer a high deductible plan. The prescription benefits are poor as the plan does not recognize all generics and so you pay higher cost. Lastly, I could probably count on one or two hands the number of non-hispanic minority employees. Although there are several high ranking women, it is in general a white, Republican, good ol' boys type of company in the higher ranks.

1.0
Dec 12, 2016
Recommend
CEO approval
Business Outlook

Pros

Benefits are good. Rolex watch after ten years. Fellow associates are friendly, and great be around. Good opportunities for continuing education.

Cons

The company's direction has changed dramatically since I began work there. You're reprimanded for minor mistakes, and are set up for failure! Incredible amount of nepotism that is so obvious! Loyalty doesn't seem to matter, so don't expect to retire from this company! Hard work and overtime don't matter either. If management is out to get you, there is nothing you can do! They were also dishonest regarding wage caps.

1.0
Oct 31, 2016
Recommend
CEO approval
Business Outlook

Pros

Good benefits, fast paced: I learned a lot here, occasional company events like beer Fridays

Cons

Sink or swim environment. Your team will make or break you. I was on a team that didn't care to invest time in my development even though I sought out any opportunity to learn. Lockton provides general training which helps a little. It was a constant uphill battle and crazy long hours trying to manage an unreasonable workload. Poor work / life balance. The account managers on my team were working around the clock 24/7. Low pay compared to industry standards. Insurance isn't the most exciting industry, not for some people. Conservative office, not female friendly. I often heard senior upper management saying degrading things about women.

Viewing 34 - 36 of 1,808 Reviews

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