Prudential reviews

3.7

65% would recommend to a friend

(1,252 total reviews)
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Andrew Sullivan

59% approve of CEO

55% positive business outlook

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1K reviews

Reviews about "Compensation"

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4.0
Jun 15, 2012
Recommend
CEO approval
Business Outlook

Pros

Work is relatively easy. On the job training is very good. Good work/life balance. They pay for $12,000/yr for tuition reimbursement. Also have a transit reimbursement program for people who take public transportation. Benefits are very good.

Cons

25% of the people do 75% of the work. They don't cut dead weight. People have been there for over 30 years without receiving ONE promotion. I guess that could be a good thing and a bad thing though. You don't want to be known for slashing stable jobs. The only raises you get are when you get promoted and a "salary adjustment" of about 1% per year - not even beating the 3% average inflation rate per year.

2.0
Jun 8, 2012
Recommend
CEO approval
Business Outlook

Pros

Flexible hours, coworkers are friendly, professional atmosphere, the Prudential name is widely known. Most importantly, you get the licenses necessary to be able to apply to salaried positions with other companies.

Cons

Where do I begin.... I'll start with Prudential having a widely known name. Because of that, people THINK you are more successful than you really are when you tell them what you do. And this leads into the rest... you get no salary as a Financial Professional Associate, it's 100% commissions. If you don't sell well enough, you get zero bonuses from sales. In this role you are absolutely a leach- management makes you call your friends, family, relatives, ect., to "discuss thier financial futures". Your family will usually will entertain this out of pitty, and once you and your manager are in front of them your manager will try to sell them a bill of goods (annuities, life insurance, and mutual funds) that they most likely don't need. I personally have been on both sides of the coin with this job, as I did it for a year... When I sold my family and relatives insurance I was the "rock star" of the office. I made an awesome income being a leach. 6 months later after I had gone through them and was relying on cold-calling and buying BS "leads" online, I was constantly talked to by my manager about why my sales had fallen off sharply. If you don't produce in this job you are treated awfully. I would ONLY recommend this job to people who A) already have a wide social network of people who have money and need insurance, or B) want their Series 6 securites license in order to be able to move onto a salaried financial position. And trust me, there are plenty of salaried positions once you have that license

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