Company is on the wrong track - werkgeversreview Vice President bij LPL Financial

1,0
16 sep 2024
Aanbevelen
Goedkeuring directeur
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Pluspunten

Smart people that want to do a good job. Nice offices in Fort Mill.

Minpunten

The company has simply grown too complex, too large, too fast, without the required resources and investments in technology and processes. This leads to a bad deal for current employees and unrealistic workload, long hours, and lots of chaos and fire drills to meet unrealistic deadlines. Nevertheless, management will grow the company without rewarding the employees that enabled the growth. Pay is way below average and doesn't come close to compensating for the workload and stress. We're also currently on a hiring freeze, but not a growth freeze. The company is being sued for its cash sweeps dealings. This company is a very stressful working environment overall.

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5,0
27 mei 2026
Aanbevelen
Goedkeuring directeur
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Pluspunten

I loved my internship here. It was very immersive and everyone was very kind and supportive. Loved the team I worked with.

Minpunten

Could have been a bit more to do.

2,0
23 mei 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

LPL Financial offers a flexible hybrid work model, which is one of the better aspects of the company. Managers are generally not overly strict about specific in-office days, giving employees some flexibility in managing their schedules.

Minpunten

Work-life balance is a major challenge. Weekend release work is common, often averaging two weekends per month, yet there is no overtime compensation. Employees are essentially expected to work a full workweek plus weekends when needed, which has contributed to high turnover on some teams. The culture can also feel harsh and impersonal. Leadership rarely expresses appreciation or recognition for employee contributions, which negatively impacts morale. Some managers come across as cold or overly task-focused, creating an environment where employees feel valued only for output rather than as people. There also appears to be a lack of trust between employees and leadership. Many teammates do not seem confident that leadership understands or genuinely addresses their concerns. Overall, morale feels low, and recognition for strong performance appears limited.

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