Prudential reviews

3.7

65% would recommend to a friend

(5,236 total reviews)
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Andrew Sullivan

59% approve of CEO

55% positive business outlook

Prudential has an employee rating of 3.7 out of 5 stars, based on 5,236 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Prudential employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

5K reviews
2.0
Mar 20, 2015

Group Insurance---stay away!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

pay and benefits are very good. Opportunites for work-life balance (flex time, telecommuting, etc.)

Cons

In the nearly 10 years with this company's Group Insurance, I’ve seen it change from a really great place to work into a mean, dysfunctional and harsh environment. The culture is horrible. Technology is old. GI doesn't treat their employees as their best assets. We are their biggest liabilities. If you don’t agree with “senior leadership” your job is "eliminated". You are walking on eggshells every day. Everyone is stressed out over job security and not having enough people to get the work done. Even if you do a great job the threat of termination is always in the air and you never know which day will be your last. Senior “leaders” are brought in to “fix” things but really make it worse because they sit behind closed doors and have no clue how their departments get the work done--mainly because they never asked and only speak to their peers. They are very skilled though at creating disgruntled & stressed out employees. They can’t seem to make up their minds on how to run the business and make some money. When things go wrong everyone starts finger pointing until they can find a scape goat. People are fed up and would leave in a New York minute. Morale is in the gutter. And if your over 40 years old don’t even think about working there or lasting too long. They are purging all of the long term (older) employees by kicking them to the curb. All in all if your looking to add a great company name to your resume, stop by for a few years but get out quickly before they crush your soul.

5.0
Sep 17, 2014
Recommend
CEO approval
Business Outlook

Pros

The benefits and work/life balance. Management is very supportive of work/life balance including telecommuting, occasional work from home, varied schedule, work in an alternate location, etc. Senior Management is very strong, as evidenced by Prudential's journey through the 2008 financial crisis.

Cons

Quick to hire and quick to fire. Prudential is very overfunded in their pension, so they are not hesitant to do lay offs and pay out severance. Most of the time, this occurs because you happen to be in the wrong business unit, or organization. Or.... your work is outsourced. What they don't do, is try to get you placed in anticipation of a lay off. Recently over 100 were laid off, yet there were over 600 jobs advertised internally. This is clearly an opportunity for HR.

3.0
Mar 23, 2024
Recommend
CEO approval
Business Outlook

Pros

Standard advantages of working for a large company: - Decent benefits - Substantial resources (educational, technological) at your disposal - Opportunity to move around into other groups

Cons

Senior management spends so much time pandering to Wall Street that they don't dedicate the attention needed to producing an efficient organization. Every earnings call Charlie drones on about becoming a "more nimble, less market sensitive" company, while the company's operating model remains the same. The company is disorganized and bureaucratic, making it hard to get things done without many layers of approval. This may be changing for the better with the recent layoffs, but time will tell. In addition, the company can be highly political. Promotions or the ability to move into certain groups are often based on having an MBA, or tenure length, rather than the ability and motivation to actually get things done. There are Directors and VPs who are absolutely coasting, while a handful of hard-working individuals pull all the weight. Compensation is often below market, and Senior management celebrates this. On an internal company call, when discussing compensation within the company, Rob Falzon made the hilarious statement of "we don't want our employees to be mercenaries (hired soldiers)" - implying that Prudential employees should be okay with being under-compensated, because Pru makes up for it with such a great "culture." The problem with this, of course, aside from being plagiarized from a Goldman Sachs CEO, is that culture doesn't pay bills. If expenses at the company are a problem, Rob can always volunteer up his generous pay package as the first cost-cutting target.

Viewing 16 - 18 of 5,236 Reviews

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