Play favorites and do not value loyal employees - Workforce Analyst LPL Financial Employee Review

1.0
Dec 9, 2020
Recommend
CEO approval
Business Outlook

Pros

Good benefits, 401k match of 8 percent

Cons

If you are not a favorite, you will never please anyone and never be promoted. Only way to move up if you are not a favorite is to move to a different role, and when you are an internal and that happens, they offer you the very least of the pay band because of your previous salary. It's like punishing loyal employees for trying to better themselves.

Explore other reviews about LPL Financial

5.0
Jul 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company with great benefits.

Cons

Everyone’s experience is different and I can’t say I’ve had any negative ones.

1.0
Jul 22, 2026
Recommend
CEO approval
Business Outlook

Pros

LPL Financial has a rigorous hiring process, and I genuinely appreciate the effort the company puts into recruiting talented engineers. The interview process is thorough, and it is clear that the company aims to hire skilled professionals. However, my experience after joining was very different. One of the biggest challenges was the lack of clear expectations and consistent technical guidance. Engineers often had to rework features because requirements and expectations were not clearly defined. There was also limited clarity around deployment processes, hosting environments, and ownership, which created unnecessary bottlenecks and made it difficult to deliver work efficiently.

Cons

What concerned me most was the performance evaluation process. From my perspective, significant employment decisions appeared to be influenced by feedback from a limited number of individuals rather than by a comprehensive review of an engineer’s actual contributions, code quality, problem-solving ability, collaboration, and overall body of work. I felt that my efforts and contributions were not fully considered before decisions were made. For a company that invests considerable time and resources in recruiting talented people, it would be beneficial to ensure that performance evaluations are objective, evidence-based, and consider input from multiple stakeholders. This would help retain strong engineers and create a more transparent and fair work environment.

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